EES vs SCHD
WisdomTree US SmallCap Fund vs Schwab US Dividend Equity ETF
Which is better, EES or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. EES led over 3Y, SCHD over 1Y, 5Y and the full window. EES is less concentrated, with 7.7% of the fund in its ten largest positions against 41.5%.
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 | EES | SCHD |
|---|---|---|
| Expense Ratio | 0.38% | 0.06%Best |
| AUM | $720M | $112.2B |
| Dividend Yield | 1.14% | 3.13% |
| Holdings | 903 | 103 |
| YTD Return | +21.27% | +27.56%Best |
| 1Y Return | +23.42% | +30.29%Best |
| 3Y Return (annualized) | +16.58%Best | +16.37% |
| 5Y Return (annualized) | +8.45% | +10.23%Best |
| Volatility (annualized) | 20.5% | 13.6%Best |
| Max Drawdown | -51.6% | -33.4%Best |
| $10,000 over 5 years | $15,002 | $16,274Best |
| Top 10 Weight | 7.7%Best | 41.5% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Feb 23, 2007 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
EES 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 14.9 years both funds cover.
EES vs SCHD Performance
WisdomTree US SmallCap Fund (EES) is an ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EES returned +23.42% while SCHD returned +30.29%. Year to date, EES is up 21.27% versus a gain of 27.56% for SCHD.
Over three years, EES compounded at +16.58% per year against +16.37% for SCHD; over five years the annualized figures are +8.45% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +10.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EES has been the more volatile fund, with annualized monthly volatility of 20.5% 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 -51.6% for EES 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EES charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, EES currently yields 1.14% against 3.13% for SCHD.
Holdings Overlap
3.4% of EES's money is in holdings SCHD also owns. 1.0% of SCHD's money is in holdings EES also owns.
EES and SCHD share little of their money.
The two holdings books were reported 129 days apart, EES as of Mar 31, 2026 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
23 positions in common, counted across the 855 positions we hold weights for in EES and 100 in SCHD, against full books of 903 and 103.
What only one of them owns
Our book lists 75 positions for SCHD that do not appear in our book for EES (98.7% of the fund), and 799 for EES that do not appear in SCHD (89.9%).
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.
Top Shared Holdings
| Stock | Weight in EES | Weight in SCHD | Difference |
|---|---|---|---|
| WUWestern Union Co. | 0.57% | 0.06% | 0.51% |
| KFYKorn Ferry | 0.29% | 0.11% | 0.18% |
| CVBFCvb Financial Corp | 0.19% | 0.09% | 0.10% |
| IPARInter Parfums Inc | 0.22% | 0.06% | 0.16% |
| BKEBuckle Inc/the | 0.21% | 0.04% | 0.17% |
| BANRBanner Corp | 0.17% | 0.06% | 0.11% |
| CNSCohen & Steers Inc | 0.15% | 0.06% | 0.09% |
| WENWendy's Co/the | 0.18% | 0.03% | 0.15% |
| AGMFederal Agricultural Mortgage Corp | 0.15% | 0.05% | 0.10% |
| SRCE1St Source Corp_None_0 | 0.15% | 0.04% | 0.11% |
You are not choosing between two funds in isolation.
Whichever of EES 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, EES or SCHD?
EES has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, EES or SCHD?
Over the past year EES returned +23.42% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), EES annualized +10.96% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EES or SCHD?
EES has been the more volatile fund at 20.5% annualized versus 13.6% for SCHD. Worst drawdown: EES -51.6% vs SCHD -33.4%.
Should I hold both EES and SCHD?
EES and SCHD have a monthly-return correlation of 0.81, 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 EES and SCHD?
3.4% of EES's money is in holdings SCHD also owns. 1.0% of SCHD's is in holdings EES also owns. They hold 23 positions in common, counted across the 855 positions we hold weights for in EES and 100 in SCHD.
Which pays a higher dividend, EES or SCHD?
EES yields 1.14% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EES?
SCHD has a lower expense ratio. EES led over 3Y, SCHD over 1Y, 5Y and the full window. EES is less concentrated, with 7.7% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.