DTD vs SCHD
WisdomTree US Total Dividend Fund vs Schwab US Dividend Equity ETF
Which is better, DTD or SCHD?
Nearly the same fund. SCHD costs less.
SCHD has a lower expense ratio. DTD led over 3Y and 5Y, SCHD over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. DTD is less concentrated, with 22.7% 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 | DTD | SCHD |
|---|---|---|
| Expense Ratio | 0.28% | 0.06%Best |
| AUM | $1.7B | $112.1B |
| Dividend Yield | 1.81% | 3.00% |
| Holdings | 801 | 103 |
| YTD Return | +12.19% | +24.04%Best |
| 1Y Return | +16.13% | +27.95%Best |
| 3Y Return (annualized) | +17.42%Best | +15.51% |
| 5Y Return (annualized) | +11.83%Best | +9.80% |
| Volatility (annualized) | 13.0%Best | 13.6% |
| Max Drawdown | -37.5% | -33.4%Best |
| $10,000 over 5 years | $17,490Best | $15,959 |
| Top 10 Weight | 22.7%Best | 41.8% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 16, 2006 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 16, 2026 (14.9 years).
DTD 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.
DTD vs SCHD Performance
WisdomTree US Total Dividend Fund (DTD) is an ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DTD returned +16.13% while SCHD returned +27.95%. Year to date, DTD is up 12.19% versus a gain of 24.04% for SCHD.
Over three years, DTD compounded at +17.42% per year against +15.51% for SCHD; over five years the annualized figures are +11.83% and +9.80% respectively. Across the full 15-year window we track, SCHD has the edge at +11.29% annualized vs +10.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.0% for DTD. 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 -37.5% for DTD 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DTD charges 0.28% per year while SCHD charges 0.06%. On a $10,000 position that is $28 vs $6 annually, a gap of $22 per year that compounds over a long holding period. On income, DTD currently yields 1.81% against 3.00% for SCHD.
Holdings Overlap
18.8% of DTD's money is in holdings SCHD also owns. 89.3% of SCHD's money is in holdings DTD also owns.
Most of SCHD is already inside DTD. Owning both mostly buys the same companies twice.
73 positions in common, counted across the 808 positions we hold weights for in DTD and 100 in SCHD, against full books of 801 and 103.
What only one of them owns
Our book lists 26 positions for SCHD that do not appear in our book for DTD (10.6% of the fund), and 686 for DTD that do not appear in SCHD (79.5%).
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.
Top Shared Holdings
| Stock | Weight in DTD | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 1.21% | 4.77% | 3.56% |
| AMGNAmgen Inc. | 1.03% | 4.70% | 3.67% |
| CVXChevron Corp | 1.55% | 4.02% | 2.47% |
| KOCoca Cola Co. | 1.20% | 4.17% | 2.97% |
| ABTAbbott Laboratories | 0.40% | 4.69% | 4.29% |
| VZVerizon Communic | 1.03% | 3.97% | 2.94% |
| PGProcter & Gamble Company | 1.10% | 3.83% | 2.73% |
| UNHUnitedhealth Group Incorporated | 1.07% | 3.82% | 2.75% |
| HDHome Depot Inc/The | 1.00% | 3.88% | 2.88% |
| COPConocophillips Common Stock USD 0.01 | 0.62% | 3.94% | 3.32% |
89.3% of SCHD is already inside DTD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DTD or SCHD?
DTD has an expense ratio of 0.28% while SCHD charges 0.06%. SCHD is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, DTD or SCHD?
Over the past year DTD returned +16.13% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DTD annualized +10.80% vs +11.29% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DTD or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 13.0% for DTD. Worst drawdown: DTD -37.5% vs SCHD -33.4%.
Should I hold both DTD and SCHD?
DTD and SCHD have a monthly-return correlation of 0.95, 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 DTD and SCHD?
89.3% of SCHD's money is in holdings DTD also owns. 89.3% of SCHD's is in holdings DTD also owns. They hold 73 positions in common, counted across the 808 positions we hold weights for in DTD and 100 in SCHD.
Which pays a higher dividend, DTD or SCHD?
DTD yields 1.81% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DTD?
SCHD has a lower expense ratio. DTD led over 3Y and 5Y, SCHD over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. DTD is less concentrated, with 22.7% 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.