DWAW vs SCHD
Advisorshares Dorsey Wright Fsm All Cap World Etf vs Schwab US Dividend Equity ETF
Which is better, DWAW or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. DWAW led over 3Y, SCHD over 1Y, 5Y and the full window.
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 | DWAW | SCHD |
|---|---|---|
| Expense Ratio | 1.23% | 0.06%Best |
| AUM | $93M | $112.2B |
| Dividend Yield | 0.68% | 3.13% |
| Holdings | 7 | 103 |
| YTD Return | +14.91% | +28.59%Best |
| 1Y Return | +23.46% | +31.77%Best |
| 3Y Return (annualized) | +18.05%Best | +16.70% |
| 5Y Return (annualized) | +7.27% | +10.09%Best |
| Volatility (annualized) | 18.7% | 16.7%Best |
| Max Drawdown | -31.6%Best | -33.4% |
| $10,000 over 5 years | $14,203 | $16,171Best |
| Top 10 Weight | - | 41.5% |
| Fund Family | Advisor Shares | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 26, 2019 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Dec 27, 2019 to Sep 3, 2026 (6.7 years).
DWAW 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 6.7 years both funds cover.
DWAW vs SCHD Performance
Advisorshares Dorsey Wright Fsm All Cap World Etf (DWAW) is an ETF from Advisor Shares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DWAW returned +23.46% while SCHD returned +31.77%. Year to date, DWAW is up 14.91% versus a gain of 28.59% for SCHD.
Over three years, DWAW compounded at +18.05% per year against +16.70% for SCHD; over five years the annualized figures are +7.27% and +10.09% respectively. Across the full 7-year window we track, SCHD has the edge at +12.47% annualized vs +11.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWAW has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 16.7% 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 -31.6% for DWAW 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DWAW charges 1.23% per year while SCHD charges 0.06%. On a $10,000 position that is $123 vs $6 annually, a gap of $117 per year that compounds over a long holding period. On income, DWAW currently yields 0.68% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 6 holdings in DWAW and 100 in SCHD, totalling 100.1% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 6 positions we hold weights for in DWAW and 100 in SCHD, against full books of 7 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for DWAW (99.9% of the fund), and 6 for DWAW that do not appear in SCHD (100.1%).
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 DWAW 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, DWAW or SCHD?
DWAW has an expense ratio of 1.23% while SCHD charges 0.06%. SCHD is the cheaper option, by $117 a year on a $10,000 investment.
Which performed better, DWAW or SCHD?
Over the past year DWAW returned +23.46% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), DWAW annualized +11.97% vs +12.47% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWAW or SCHD?
DWAW has been the more volatile fund at 18.7% annualized versus 16.7% for SCHD. Worst drawdown: DWAW -31.6% vs SCHD -33.4%.
Should I hold both DWAW and SCHD?
DWAW and SCHD have a monthly-return correlation of 0.70, 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, DWAW or SCHD?
DWAW yields 0.68% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DWAW?
SCHD has a lower expense ratio. DWAW led over 3Y, SCHD over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.