DWSH vs SCHD
AdvisorShares Dorsey Wright Short ETF vs Schwab US Dividend Equity ETF
Which is better, DWSH or SCHD?
Opposite sides of the same exposure.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.84, so holding both offsets the exposure while paying both fees.
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 | DWSH | SCHD |
|---|---|---|
| Expense Ratio | 6.22% | 0.06%Best |
| AUM | $6M | $112.1B |
| Dividend Yield | 6.98% | 3.00% |
| Holdings | 101 | 103 |
| YTD Return | -11.02% | +24.04%Best |
| 1Y Return | -9.18% | +27.95%Best |
| 3Y Return (annualized) | -6.88% | +15.51%Best |
| 5Y Return (annualized) | -4.00% | +9.80%Best |
| Volatility (annualized) | 30.6% | 16.4%Best |
| Max Drawdown | -84.5% | -33.4%Best |
| $10,000 over 5 years | $8,154 | $15,959Best |
| Fund Family | Advisor Shares | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Jul 10, 2018 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 11, 2018 to Sep 16, 2026 (8.2 years).
DWSH 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 8.2 years both funds cover.
DWSH vs SCHD Performance
AdvisorShares Dorsey Wright Short ETF (DWSH) 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 DWSH returned -9.18% while SCHD returned +27.95%. Year to date, DWSH is down 11.02% versus a gain of 24.04% for SCHD.
Over three years, DWSH compounded at -6.88% per year against +15.51% for SCHD; over five years the annualized figures are -4.00% and +9.80% respectively. Across the full 8-year window we track, SCHD has the edge at +11.60% annualized vs -14.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWSH has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.4% 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 -84.5% for DWSH 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 -0.84. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
DWSH charges 6.22% per year while SCHD charges 0.06%. On a $10,000 position that is $622 vs $6 annually, a gap of $616 per year that compounds over a long holding period. On income, DWSH currently yields 6.98% against 3.00% for SCHD.
Holdings Overlap
At least 6.6% of SCHD's money is in holdings DWSH also owns.
Stated as a floor: for DWSH, our book for it covers 0.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
They hold the same names on opposite sides, so owning both offsets the exposure rather than doubling it.
7 positions in common, counted across the 99 positions we hold weights for in DWSH and 100 in SCHD, against full books of 101 and 103.
Top Shared Holdings
| Stock | Weight in DWSH | Weight in SCHD | Difference |
|---|---|---|---|
| ACNAccenture Plc | -1.20% | 2.84% | 4.04% |
| CMCSAComcast Corp-class A Cmcsa | -1.05% | 2.31% | 3.36% |
| BRBroadridge Financial Solutions, Inc. | -0.88% | 0.51% | 1.39% |
| GISGeneral Mills In | -0.94% | 0.54% | 1.48% |
| FLOFlowers Foods Inc | -0.83% | 0.04% | 0.87% |
| BAHBooz Allen Hamilton Holding Corp. | -1.01% | 0.22% | 1.23% |
| ERIEErie Indemnity-a | -1.03% | 0.16% | 1.19% |
You are not choosing between two funds in isolation.
Whichever of DWSH 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, DWSH or SCHD?
DWSH has an expense ratio of 6.22% while SCHD charges 0.06%. SCHD is the cheaper option, by $616 a year on a $10,000 investment.
Which performed better, DWSH or SCHD?
Over the past year DWSH returned -9.18% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), DWSH annualized -14.19% vs +11.60% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DWSH or SCHD?
DWSH has been the more volatile fund at 30.6% annualized versus 16.4% for SCHD. Worst drawdown: DWSH -84.5% vs SCHD -33.4%.
Should I hold both DWSH and SCHD?
DWSH and SCHD have a monthly-return correlation of -0.84, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
What is the holdings overlap between DWSH and SCHD?
At least 6.6% of SCHD's money is in holdings DWSH also owns. Our book for DWSH is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 99 positions we hold weights for in DWSH and 100 in SCHD.
Which pays a higher dividend, DWSH or SCHD?
DWSH yields 6.98% while SCHD yields 3.00%, so DWSH currently pays the higher dividend yield.
Is SCHD better than DWSH?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.84, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.