ENZL vs SCHD
iShares MSCI New Zealand ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | ENZL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $82M | $108.7B | |
| Dividend Yield | 2.14% | 3.13% | |
| Holdings | 31 | 104 | |
| YTD Return | +5.11% | +26.54% | |
| 1Y Return | +6.22% | +30.90% | |
| 3Y Return (annualized) | +3.01% | +16.29% | |
| 5Y Return (annualized) | -2.78% | +9.65% | |
| Volatility (annualized) | 18.1% | 13.6% | |
| Max Drawdown | -42.4% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 1, 2010 | Oct 20, 2011 |
ENZL vs SCHD Performance
iShares MSCI New Zealand ETF (ENZL) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ENZL returned +6.22% while SCHD returned +30.90%. Year to date, ENZL is up 5.11% versus a gain of 26.54% for SCHD.
Over three years, ENZL compounded at +3.01% per year against +16.29% for SCHD; over five years the annualized figures are -2.78% and +9.65% respectively. Across the full 15-year window we track, SCHD has the edge at +11.51% annualized vs +4.61%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ENZL has been the more volatile fund, with annualized monthly volatility of 18.1% 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 -42.4% for ENZL 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ENZL charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, ENZL currently yields 2.14% against 3.13% for SCHD.
Holdings Overlap
ENZL and SCHD share 0 holdings out of 126 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, ENZL or SCHD?
ENZL has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, ENZL or SCHD?
Over the past year ENZL returned +6.22% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), ENZL annualized +4.61% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, ENZL or SCHD?
ENZL has been the more volatile fund at 18.1% annualized versus 13.6% for SCHD. Worst drawdown: ENZL -42.4% vs SCHD -33.4%.
Should I hold both ENZL and SCHD?
ENZL and SCHD have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ENZL and SCHD?
ENZL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, ENZL or SCHD?
ENZL yields 2.14% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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