DFGP vs SCHD
DFGP vs SCHD
Dimensional Global Core Plus Fixed Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. DFGP offers more diversification with 853 holdings.
Side-by-Side Comparison
| Metric | DFGP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.22% | 0.06% | |
| AUM | $3.4B | $103.7B | |
| Dividend Yield | 4.41% | 3.31% | |
| Holdings | 1,422 | 104 | |
| YTD Return | +1.40% | +24.26% | |
| 1Y Return | +3.15% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 4.6% | 13.6% | |
| Max Drawdown | -3.2% | -33.4% | |
| Fund Family | Dimensional | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Nov 7, 2023 | Oct 20, 2011 |
DFGP vs SCHD Performance
Dimensional Global Core Plus Fixed Income ETF (DFGP) is a ETF from Dimensional and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DFGP returned +3.15% while SCHD returned +31.38%. Year to date, DFGP is up 1.40% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 4.6% for DFGP. 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 -3.2% for DFGP 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DFGP charges 0.22% per year while SCHD charges 0.06%. On a $10,000 position that is $22 vs $6 annually, a gap of $16 per year that compounds over a long holding period. On income, DFGP currently yields 4.41% against 3.31% for SCHD.
Holdings Overlap
DFGP and SCHD share 0 holdings out of 953 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, DFGP or SCHD?
DFGP has an expense ratio of 0.22% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, DFGP or SCHD?
Over the past year DFGP returned +3.15% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), DFGP annualized +6.95% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DFGP or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 4.6% for DFGP. Worst drawdown: DFGP -3.2% vs SCHD -33.4%.
Should I hold both DFGP and SCHD?
DFGP and SCHD have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DFGP and SCHD?
DFGP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 953 unique securities.
Which pays a higher dividend, DFGP or SCHD?
DFGP yields 4.41% while SCHD yields 3.31%, so DFGP currently pays the higher dividend yield.
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