DPG vs SCHD
Duff & Phelps Utility and Infrastructure Fund Inc vs Schwab US Dividend Equity ETF
Which is better, DPG or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. DPG led over 3Y, SCHD over 1Y, 5Y and the full window. DPG is less concentrated, with 33.6% 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 | DPG | SCHD |
|---|---|---|
| Expense Ratio | 2.26% | 0.06%Best |
| AUM | $570M | $112.1B |
| Dividend Yield | 5.35% | 3.00% |
| Holdings | 56 | 103 |
| YTD Return | +9.44% | +24.23%Best |
| 1Y Return | +15.80% | +27.90%Best |
| 3Y Return (annualized) | +22.67%Best | +15.55% |
| 5Y Return (annualized) | +8.21% | +9.97%Best |
| Volatility (annualized) | 19.8% | 13.6%Best |
| Max Drawdown | -76.0% | -33.4%Best |
| $10,000 over 5 years | $14,837 | $16,083Best |
| Top 10 Weight | 33.6%Best | 41.8% |
| Fund Family | Duff & Phelps Investment Management Co. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 29, 2011 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 17, 2026 (14.9 years).
DPG 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.
DPG vs SCHD Performance
Duff & Phelps Utility and Infrastructure Fund Inc (DPG) is an ETF from Duff & Phelps Investment Management Co. and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DPG returned +15.80% while SCHD returned +27.90%. Year to date, DPG is up 9.44% versus a gain of 24.23% for SCHD.
Over three years, DPG compounded at +22.67% per year against +15.55% for SCHD; over five years the annualized figures are +8.21% and +9.97% respectively. Across the full 15-year window we track, SCHD has the edge at +11.30% annualized vs +0.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DPG has been the more volatile fund, with annualized monthly volatility of 19.8% 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 -76.0% for DPG 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DPG charges 2.26% per year while SCHD charges 0.06%. On a $10,000 position that is $226 vs $6 annually, a gap of $220 per year that compounds over a long holding period. On income, DPG currently yields 5.35% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 53 holdings in DPG and 100 in SCHD, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 212 days apart, DPG as of Jan 31, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 53 positions we hold weights for in DPG and 100 in SCHD, against full books of 56 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for DPG (99.9% of the fund), and 37 for DPG that do not appear in SCHD (71.5%).
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.
You are not choosing between two funds in isolation.
Whichever of DPG and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DPG or SCHD?
DPG has an expense ratio of 2.26% while SCHD charges 0.06%. SCHD is the cheaper option, by $220 a year on a $10,000 investment.
Which performed better, DPG or SCHD?
Over the past year DPG returned +15.80% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DPG annualized +0.91% vs +11.30% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DPG or SCHD?
DPG has been the more volatile fund at 19.8% annualized versus 13.6% for SCHD. Worst drawdown: DPG -76.0% vs SCHD -33.4%.
Should I hold both DPG and SCHD?
DPG and SCHD have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DPG or SCHD?
DPG yields 5.35% while SCHD yields 3.00%, so DPG currently pays the higher dividend yield.
Is SCHD better than DPG?
SCHD has a lower expense ratio. DPG led over 3Y, SCHD over 1Y, 5Y and the full window. DPG is less concentrated, with 33.6% 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.