Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricDVINSCHDWinner
Expense Ratio0.89%0.06%
AUM$311,216$103.7B
Dividend Yield0.00%3.31%
Holdings2104
YTD Return+17.33%+24.26%
1Y Return+30.94%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)23.7%13.6%
Max Drawdown-18.5%-33.4%
Fund FamilyWEBs InvestmentsCharles Schwab Asset Management
CategoryEquityEquity
InceptionJul 22, 2025Oct 20, 2011

DVIN vs SCHD Performance

WEBs Industrials XLI Defined Volatility ETF (DVIN) is a ETF from WEBs Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DVIN returned +30.94% while SCHD returned +31.38%. Year to date, DVIN is up 17.33% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

DVIN has been the more volatile fund, with annualized monthly volatility of 23.7% 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 -18.5% for DVIN 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVIN charges 0.89% per year while SCHD charges 0.06%. On a $10,000 position that is $89 vs $6 annually, a gap of $83 per year that compounds over a long holding period. On income, DVIN currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

DVIN and SCHD share 0 holdings out of 101 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, DVIN or SCHD?

DVIN has an expense ratio of 0.89% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $83 per year of difference.

Which performed better, DVIN or SCHD?

Over the past year DVIN returned +30.94% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), DVIN annualized +24.44% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, DVIN or SCHD?

DVIN has been the more volatile fund at 23.7% annualized versus 13.6% for SCHD. Worst drawdown: DVIN -18.5% vs SCHD -33.4%.

Should I hold both DVIN and SCHD?

DVIN and SCHD have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVIN and SCHD?

DVIN and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, DVIN or SCHD?

DVIN yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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