EWP vs SCHD
iShares MSCI Spain ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. EWP delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | EWP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $2.1B | $103.7B | |
| Dividend Yield | 2.81% | 3.31% | |
| Holdings | 30 | 104 | |
| YTD Return | +15.92% | +25.33% | |
| 1Y Return | +36.53% | +32.31% | |
| 3Y Return (annualized) | +33.94% | +15.40% | |
| 5Y Return (annualized) | +21.02% | +9.70% | |
| Volatility (annualized) | 23.4% | 13.6% | |
| Max Drawdown | -73.7% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Mar 12, 1996 | Oct 20, 2011 |
EWP vs SCHD Performance
iShares MSCI Spain ETF (EWP) 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 EWP returned +36.53% while SCHD returned +32.31%. Year to date, EWP is up 15.92% versus a gain of 25.33% for SCHD.
Over three years, EWP compounded at +33.94% per year against +15.40% for SCHD; over five years the annualized figures are +21.02% and +9.70% respectively. Across the full 15-year window we track, SCHD has the edge at +11.45% annualized vs +5.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EWP has been the more volatile fund, with annualized monthly volatility of 23.4% 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 -73.7% for EWP 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EWP 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, EWP currently yields 2.81% against 3.31% for SCHD.
Holdings Overlap
EWP and SCHD share 0 holdings out of 124 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, EWP or SCHD?
EWP 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, EWP or SCHD?
Over the past year EWP returned +36.53% vs +32.31% for SCHD, so EWP leads on 1-year performance. Over the longest common window we track (15 years), EWP annualized +5.71% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, EWP or SCHD?
EWP has been the more volatile fund at 23.4% annualized versus 13.6% for SCHD. Worst drawdown: EWP -73.7% vs SCHD -33.4%.
Should I hold both EWP and SCHD?
EWP and SCHD have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EWP and SCHD?
EWP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 124 unique securities.
Which pays a higher dividend, EWP or SCHD?
EWP yields 2.81% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.