DFE vs SCHD
WisdomTree Europe SmallCap Dividend Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. DFE offers more diversification with 381 holdings.
Side-by-Side Comparison
| Metric | DFE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.58% | 0.06% | |
| AUM | $169M | $108.7B | |
| Dividend Yield | 3.95% | 3.13% | |
| Holdings | 381 | 104 | |
| YTD Return | +9.97% | +26.54% | |
| 1Y Return | +14.33% | +30.90% | |
| 3Y Return (annualized) | +16.31% | +16.29% | |
| 5Y Return (annualized) | +4.80% | +9.65% | |
| Volatility (annualized) | 22.0% | 13.6% | |
| Max Drawdown | -74.3% | -33.4% | |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | Oct 20, 2011 |
DFE vs SCHD Performance
WisdomTree Europe SmallCap Dividend Fund (DFE) is a ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DFE returned +14.33% while SCHD returned +30.90%. Year to date, DFE is up 9.97% versus a gain of 26.54% for SCHD.
Over three years, DFE compounded at +16.31% per year against +16.29% for SCHD; over five years the annualized figures are +4.80% and +9.65% respectively. Across the full 15-year window we track, SCHD has the edge at +11.51% annualized vs +3.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DFE has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -74.3% for DFE and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DFE charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, DFE currently yields 3.95% against 3.13% for SCHD.
Holdings Overlap
DFE and SCHD share 0 holdings out of 468 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DFE or SCHD?
DFE has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, DFE or SCHD?
Over the past year DFE returned +14.33% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DFE annualized +3.34% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, DFE or SCHD?
DFE has been the more volatile fund at 22.0% annualized versus 13.6% for SCHD. Worst drawdown: DFE -74.3% vs SCHD -33.4%.
Should I hold both DFE and SCHD?
DFE and SCHD have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DFE and SCHD?
DFE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 468 unique securities.
Which pays a higher dividend, DFE or SCHD?
DFE yields 3.95% while SCHD yields 3.13%, so DFE currently pays the higher dividend yield.
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