DIA vs SCHD
State Street SPDR Dow Jones Industrial Average ETF Trust vs Schwab US Dividend Equity ETF
Which is better, DIA or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. DIA led over 3Y, 5Y and the full window, SCHD over 1Y. The two have moved almost in lockstep, correlation 0.90. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 55.3%.
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 | DIA | SCHD |
|---|---|---|
| Expense Ratio | 0.16% | 0.06%Best |
| AUM | $46.0B | $112.2B |
| Dividend Yield | 1.37% | 3.13% |
| Holdings | 31 | 103 |
| YTD Return | +11.98% | +28.59%Best |
| 1Y Return | +20.27% | +31.77%Best |
| 3Y Return (annualized) | +17.58%Best | +16.70% |
| 5Y Return (annualized) | +10.58%Best | +10.09% |
| Volatility (annualized) | 13.8% | 13.6%Best |
| Max Drawdown | -37.1% | -33.4%Best |
| $10,000 over 5 years | $16,534Best | $16,171 |
| Top 10 Weight | 55.3% | 41.5%Best |
| Fund Family | SPDR State Street Global Advisors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 14, 1998 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 3, 2026 (14.9 years).
DIA 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 14.9 years both funds cover.
DIA vs SCHD Performance
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) is an ETF from SPDR State Street Global Advisors and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DIA returned +20.27% while SCHD returned +31.77%. Year to date, DIA is up 11.98% versus a gain of 28.59% for SCHD.
Over three years, DIA compounded at +17.58% per year against +16.70% for SCHD; over five years the annualized figures are +10.58% and +10.09% respectively. Across the full 15-year window we track, DIA has the edge at +11.62% annualized vs +11.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIA has been the more volatile fund, with annualized monthly volatility of 13.8% 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 -37.1% for DIA and -33.4% 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DIA charges 0.16% per year while SCHD charges 0.06%. On a $10,000 position that is $16 vs $6 annually, a gap of $10 per year that compounds over a long holding period. On income, DIA currently yields 1.37% against 3.13% for SCHD.
Holdings Overlap
18.9% of DIA's money is in holdings SCHD also owns. 29.2% of SCHD's money is in holdings DIA also owns.
SCHD and DIA share little of their money.
7 positions in common, counted across the 30 positions we hold weights for in DIA and 100 in SCHD, against full books of 31 and 103.
What only one of them owns
Measured across the 30 and 100 positions we hold weights for.
SCHD holds 92 positions DIA does not, 70.7% of the fund.
Largest: ABT 4.70%, VZ 3.84%, PEP 3.71%, COP 3.59%, TXN 3.53%
Top Shared Holdings
29.2% of SCHD is already inside DIA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, DIA or SCHD?
DIA has an expense ratio of 0.16% while SCHD charges 0.06%. SCHD is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, DIA or SCHD?
Over the past year DIA returned +20.27% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DIA annualized +11.62% vs +11.59% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIA or SCHD?
DIA has been the more volatile fund at 13.8% annualized versus 13.6% for SCHD. Worst drawdown: DIA -37.1% vs SCHD -33.4%.
Should I hold both DIA and SCHD?
DIA and SCHD have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between DIA and SCHD?
29.2% of SCHD's money is in holdings DIA also owns. 29.2% of SCHD's is in holdings DIA also owns. They hold 7 positions in common, counted across the 30 positions we hold weights for in DIA and 100 in SCHD.
Which pays a higher dividend, DIA or SCHD?
DIA yields 1.37% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DIA?
SCHD has a lower expense ratio. DIA led over 3Y, 5Y and the full window, SCHD over 1Y. The two have moved almost in lockstep, correlation 0.90. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.