DNL vs SCHD
WisdomTree Global ex-US Quality Growth Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. DNL offers more diversification with 202 holdings.
Side-by-Side Comparison
| Metric | DNL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.42% | 0.06% | |
| AUM | $505M | $108.7B | |
| Dividend Yield | 1.32% | 3.13% | |
| Holdings | 202 | 104 | |
| YTD Return | +13.02% | +25.69% | |
| 1Y Return | +20.86% | +30.41% | |
| 3Y Return (annualized) | +12.76% | +16.03% | |
| 5Y Return (annualized) | +4.62% | +9.64% | |
| Volatility (annualized) | 16.4% | 13.6% | |
| Max Drawdown | -46.9% | -33.4% | |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 16, 2006 | Oct 20, 2011 |
DNL vs SCHD Performance
WisdomTree Global ex-US Quality Growth Fund (DNL) is a ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DNL returned +20.86% while SCHD returned +30.41%. Year to date, DNL is up 13.02% versus a gain of 25.69% for SCHD.
Over three years, DNL compounded at +12.76% per year against +16.03% for SCHD; over five years the annualized figures are +4.62% and +9.64% respectively. Across the full 15-year window we track, SCHD has the edge at +11.46% annualized vs +3.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DNL has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -46.9% for DNL 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DNL charges 0.42% per year while SCHD charges 0.06%. On a $10,000 position that is $42 vs $6 annually, a gap of $36 per year that compounds over a long holding period. On income, DNL currently yields 1.32% against 3.13% for SCHD.
Holdings Overlap
DNL and SCHD share 0 holdings out of 302 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, DNL or SCHD?
DNL has an expense ratio of 0.42% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, DNL or SCHD?
Over the past year DNL returned +20.86% vs +30.41% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DNL annualized +3.84% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, DNL or SCHD?
DNL has been the more volatile fund at 16.4% annualized versus 13.6% for SCHD. Worst drawdown: DNL -46.9% vs SCHD -33.4%.
Should I hold both DNL and SCHD?
DNL and SCHD have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DNL and SCHD?
DNL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 302 unique securities.
Which pays a higher dividend, DNL or SCHD?
DNL yields 1.32% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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