DYLD vs SCHD
LeaderShares Dynamic Yield ETF vs Schwab US Dividend Equity ETF
Which is better, DYLD or SCHD?
Diversified Sectoral Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.5%.
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 | DYLD | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $39M | $112.1B |
| Dividend Yield | 4.25% | 3.00% |
| Holdings | 174 | 103 |
| YTD Return | +0.98% | +23.68%Best |
| 1Y Return | +1.63% | +28.36%Best |
| 3Y Return (annualized) | +4.63% | +16.20%Best |
| 5Y Return (annualized) | +0.51% | +10.07%Best |
| Volatility (annualized) | 4.9%Best | 14.7% |
| Max Drawdown | -15.0%Best | -16.9% |
| $10,000 over 5 years | $10,258 | $16,156Best |
| Top 10 Weight | 57.5% | 41.8%Best |
| Fund Family | LeaderShares | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Value |
| Inception | Jun 28, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2021 to Sep 22, 2026 (5.2 years).
DYLD 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 5.2 years both funds cover.
DYLD vs SCHD Performance
LeaderShares Dynamic Yield ETF (DYLD) is an ETF from LeaderShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DYLD returned +1.63% while SCHD returned +28.36%. Year to date, DYLD is up 0.98% versus a gain of 23.68% for SCHD.
Over three years, DYLD compounded at +4.63% per year against +16.20% for SCHD; over five years the annualized figures are +0.51% and +10.07% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 4.9% for DYLD. 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 -15.0% for DYLD and -16.9% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DYLD charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, DYLD currently yields 4.25% against 3.00% for SCHD.
Holdings Overlap
9.4% of DYLD's money is in holdings SCHD also owns. 5.2% of SCHD's money is in holdings DYLD also owns.
DYLD and SCHD share little of their money.
2 positions in common, counted across the 33 positions we hold weights for in DYLD and 100 in SCHD, against full books of 174 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for DYLD (94.7% of the fund), and 26 for DYLD that do not appear in SCHD (88.1%).
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 DYLD 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, DYLD or SCHD?
DYLD has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, DYLD or SCHD?
Over the past year DYLD returned +1.63% vs +28.36% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DYLD or SCHD?
SCHD has been the more volatile fund at 14.7% annualized versus 4.9% for DYLD. Worst drawdown: DYLD -15.0% vs SCHD -16.9%.
Should I hold both DYLD and SCHD?
DYLD and SCHD have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DYLD and SCHD?
9.4% of DYLD's money is in holdings SCHD also owns. 5.2% of SCHD's is in holdings DYLD also owns. They hold 2 positions in common, counted across the 33 positions we hold weights for in DYLD and 100 in SCHD.
Which pays a higher dividend, DYLD or SCHD?
DYLD yields 4.25% while SCHD yields 3.00%, so DYLD currently pays the higher dividend yield.
Is SCHD better than DYLD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.