ETG vs SCHD
Eaton Vance Tax-Advantaged Global Dividend Income Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. ETG offers more diversification with 193 holdings.
Side-by-Side Comparison
| Metric | ETG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.27% | 0.06% | |
| AUM | $1.3B | $108.7B | |
| Dividend Yield | 6.00% | 3.13% | |
| Holdings | 193 | 104 | |
| YTD Return | +8.45% | +26.50% | |
| 1Y Return | +23.84% | +31.25% | |
| 3Y Return (annualized) | +22.56% | +16.34% | |
| 5Y Return (annualized) | +10.19% | +10.10% | |
| Volatility (annualized) | 21.7% | 13.6% | |
| Max Drawdown | -78.3% | -33.4% | |
| Fund Family | Eaton Vance | Charles Schwab Asset Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Jan 30, 2004 | Oct 20, 2011 |
ETG vs SCHD Performance
Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) is a ETF from Eaton Vance and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ETG returned +23.84% while SCHD returned +31.25%. Year to date, ETG is up 8.45% versus a gain of 26.50% for SCHD.
Over three years, ETG compounded at +22.56% per year against +16.34% for SCHD; over five years the annualized figures are +10.19% and +10.10% respectively. Across the full 15-year window we track, SCHD has the edge at +11.50% annualized vs +2.68%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ETG has been the more volatile fund, with annualized monthly volatility of 21.7% 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 -78.3% for ETG 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ETG charges 1.27% per year while SCHD charges 0.06%. On a $10,000 position that is $127 vs $6 annually, a gap of $121 per year that compounds over a long holding period. On income, ETG currently yields 6.00% against 3.13% for SCHD.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, ETG or SCHD?
ETG has an expense ratio of 1.27% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $121 per year of difference.
Which performed better, ETG or SCHD?
Over the past year ETG returned +23.84% vs +31.25% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), ETG annualized +2.68% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, ETG or SCHD?
ETG has been the more volatile fund at 21.7% annualized versus 13.6% for SCHD. Worst drawdown: ETG -78.3% vs SCHD -33.4%.
Should I hold both ETG and SCHD?
ETG and SCHD have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ETG and SCHD?
ETG and SCHD share 2 common holdings with a 1.1% weight overlap. Combined, they hold 252 unique securities.
Which pays a higher dividend, ETG or SCHD?
ETG yields 6.00% while SCHD yields 3.13%, so ETG currently pays the higher dividend yield.
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