DFVE vs SCHD
DoubleLine Fortune 500 Equal Weight ETF vs Schwab US Dividend Equity ETF
Which is better, DFVE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. DFVE led over the full window, SCHD over 1Y. DFVE is less concentrated, with 2.3% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DFVE | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $37M | $112.1B |
| Dividend Yield | 1.34% | 3.00% |
| Holdings | 469 | 103 |
| YTD Return | +12.20% | +23.46%Best |
| 1Y Return | +15.67% | +27.20%Best |
| 3Y Return (annualized) | - | +15.41% |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 12.7%Best | 13.3% |
| Max Drawdown | -19.4% | -16.1%Best |
| $10,000 over 2.6 years | $14,670Best | $14,314 |
| Top 10 Weight | 2.3%Best | 41.8% |
| Fund Family | DoubleLine Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 31, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 1, 2024 to Sep 18, 2026 (2.6 years).
DFVE vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.6 years both funds cover.
DFVE vs SCHD Performance
DoubleLine Fortune 500 Equal Weight ETF (DFVE) is an ETF from DoubleLine Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DFVE returned +15.67% while SCHD returned +27.20%. Year to date, DFVE is up 12.20% versus a gain of 23.46% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 12.7% for DFVE. 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 -19.4% for DFVE and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DFVE charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, DFVE currently yields 1.34% against 3.00% for SCHD.
Holdings Overlap
9.8% of DFVE's money is in holdings SCHD also owns. 87.9% of SCHD's money is in holdings DFVE also owns.
Most of SCHD is already inside DFVE. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 469 positions we hold weights for in DFVE and 100 in SCHD, against full books of 469 and 103.
What only one of them owns
Our book lists 54 positions for SCHD that do not appear in our book for DFVE (12.0% of the fund), and 417 for DFVE that do not appear in SCHD (90.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DFVE | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.22% | 4.77% | 4.55% |
| AMGNAmgen Inc. | 0.22% | 4.70% | 4.48% |
| ABTAbbott Laboratories | 0.21% | 4.69% | 4.48% |
| KOCoca Cola Co. | 0.22% | 4.17% | 3.95% |
| CVXChevron Corp | 0.22% | 4.02% | 3.80% |
| VZVerizon Communic | 0.22% | 3.97% | 3.75% |
| COPConocophillips Common Stock USD 0.01 | 0.22% | 3.94% | 3.72% |
| HDHome Depot Inc/The | 0.22% | 3.88% | 3.66% |
| PGProcter & Gamble Company | 0.22% | 3.83% | 3.61% |
| UNHUnitedhealth Group Incorporated | 0.22% | 3.82% | 3.60% |
87.9% of SCHD is already inside DFVE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DFVE or SCHD?
DFVE has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, DFVE or SCHD?
Over the past year DFVE returned +15.67% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DFVE or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 12.7% for DFVE. Worst drawdown: DFVE -19.4% vs SCHD -16.1%.
Should I hold both DFVE and SCHD?
DFVE and SCHD have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DFVE and SCHD?
87.9% of SCHD's money is in holdings DFVE also owns. 87.9% of SCHD's is in holdings DFVE also owns. They hold 45 positions in common, counted across the 469 positions we hold weights for in DFVE and 100 in SCHD.
Which pays a higher dividend, DFVE or SCHD?
DFVE yields 1.34% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DFVE?
SCHD has a lower expense ratio. DFVE led over the full window, SCHD over 1Y. DFVE is less concentrated, with 2.3% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.