DIVE vs SCHD
DIVE vs SCHD
Dana Concentrated Dividend ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | DIVE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.06% | |
| AUM | $46M | $103.7B | |
| Dividend Yield | 1.10% | 3.31% | |
| Holdings | 35 | 104 | |
| YTD Return | +7.93% | +24.26% | |
| 1Y Return | +11.14% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -11.4% | -33.4% | |
| Fund Family | Dana Investment Advisors | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 15, 2025 | Oct 20, 2011 |
DIVE vs SCHD Performance
Dana Concentrated Dividend ETF (DIVE) is a ETF from Dana Investment Advisors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DIVE returned +11.14% while SCHD returned +31.38%. Year to date, DIVE is up 7.93% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -11.4% for DIVE and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
DIVE charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, DIVE currently yields 1.10% against 3.31% for SCHD.
Holdings Overlap
DIVE and SCHD share 3 holdings out of 131 unique holdings combined, representing a 5.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIVE or SCHD?
DIVE has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, DIVE or SCHD?
Over the past year DIVE returned +11.14% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between DIVE and SCHD?
DIVE and SCHD share 3 common holdings with a 5.3% weight overlap. Combined, they hold 131 unique securities.
Which pays a higher dividend, DIVE or SCHD?
DIVE yields 1.10% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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