DVXV vs SCHD

Quick Verdict

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

Lower Fees: SCHDHigher Returns: DVXVMore Diversified: SCHD

Side-by-Side Comparison

MetricDVXVSCHDWinner
Expense Ratio0.89%0.06%
AUM$491,839$103.7B
Dividend Yield0.00%3.31%
Holdings2104
YTD Return+6.32%+24.26%
1Y Return+43.88%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)21.8%13.6%
Max Drawdown-14.4%-33.4%
Fund FamilyWEBs InvestmentsCharles Schwab Asset Management
CategoryEquityEquity
InceptionJul 22, 2025Oct 20, 2011

DVXV vs SCHD Performance

WEBs Health Care XLV Defined Volatility ETF (DVXV) 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 DVXV returned +43.88% while SCHD returned +31.38%. Year to date, DVXV is up 6.32% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

DVXV has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -14.4% for DVXV 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 0.19. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DVXV 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, DVXV currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

DVXV 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, DVXV or SCHD?

DVXV 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, DVXV or SCHD?

Over the past year DVXV returned +43.88% vs +31.38% for SCHD, so DVXV leads on 1-year performance. Over the longest common window we track (1 years), DVXV annualized +33.03% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, DVXV or SCHD?

DVXV has been the more volatile fund at 21.8% annualized versus 13.6% for SCHD. Worst drawdown: DVXV -14.4% vs SCHD -33.4%.

Should I hold both DVXV and SCHD?

DVXV and SCHD have a monthly-return correlation of 0.19, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DVXV and SCHD?

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

Which pays a higher dividend, DVXV or SCHD?

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

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