DIA vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricDIASCHDWinner
Expense Ratio0.16%0.06%
AUM$44.9B$103.7B
Dividend Yield1.38%3.31%
Holdings31104
YTD Return+12.09%+26.21%
1Y Return+21.49%+29.99%
3Y Return (annualized)+16.96%+15.73%
5Y Return (annualized)+10.56%+9.67%
Volatility (annualized)15.0%13.6%
Max Drawdown-53.8%-33.4%
Fund FamilySPDR State Street Global AdvisorsCharles Schwab Asset Management
CategoryEquityEquity
InceptionJan 14, 1998Oct 20, 2011

DIA vs SCHD Performance

State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) is a ETF from SPDR State Street Global Advisors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DIA returned +21.49% while SCHD returned +29.99%. Year to date, DIA is up 12.09% versus a gain of 26.21% for SCHD.

Over three years, DIA compounded at +16.96% per year against +15.73% for SCHD; over five years the annualized figures are +10.56% and +9.67% respectively. Across the full 15-year window we track, SCHD has the edge at +11.50% annualized vs +7.32%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DIA has been the more volatile fund, with annualized monthly volatility of 15.0% 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 -53.8% for DIA 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 0.90. 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 1.38% against 3.31% for SCHD.

Holdings Overlap

6.0%overlap

DIA and SCHD share 2 holdings out of 106 unique holdings combined, representing a 6.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DIAWeight in SCHDDifference
AMGN4.10%4.25%0.15%
CVX1.88%3.95%2.07%

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. On a $10,000 investment, that is $10 per year of difference.

Which performed better, DIA or SCHD?

Over the past year DIA returned +21.49% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DIA annualized +7.32% vs +11.50% for SCHD. Past performance does not guarantee future results.

Which is riskier, DIA or SCHD?

DIA has been the more volatile fund at 15.0% annualized versus 13.6% for SCHD. Worst drawdown: DIA -53.8% 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. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between DIA and SCHD?

DIA and SCHD share 2 common holdings with a 6.0% weight overlap. Combined, they hold 106 unique securities.

Which pays a higher dividend, DIA or SCHD?

DIA yields 1.38% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.