GDE vs SCHD
WisdomTree Efficient Gold Plus Equity Strategy Fund vs Schwab US Dividend Equity ETF
Which is better, GDE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. GDE led over 3Y and the full window, SCHD over 1Y. GDE is less concentrated, with 38.0% of the fund in its ten largest positions against 41.8%.
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 | GDE | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $381M | $119.9B |
| Dividend Yield | 17.11% | 2.96% |
| Holdings | 1,017 | 204 |
| YTD Return | -15.20% | +33.09%Best |
| 1Y Return | -12.23% | +37.17%Best |
| 3Y Return (annualized) | +34.03%Best | +20.32% |
| 5Y Return (annualized) | - | +10.36% |
| Volatility (annualized) | 24.5% | 15.6%Best |
| Max Drawdown | -32.9% | -16.1%Best |
| $10,000 over 4.7 years | $23,421Best | $16,387 |
| Top 10 Weight | 38.0%Best | 41.8% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 17, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Mar 17, 2022 to Nov 11, 2026 (4.7 years).
GDE 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 4.7 years both funds cover.
GDE vs SCHD Performance
WisdomTree Efficient Gold Plus Equity Strategy Fund (GDE) 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 GDE returned -12.23% while SCHD returned +37.17%. Year to date, GDE is down 15.20% versus a gain of 33.09% for SCHD.
Over three years, GDE compounded at +34.03% per year against +20.32% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDE has been the more volatile fund, with annualized monthly volatility of 24.5% compared with 15.6% 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 -32.9% for GDE and -16.1% 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GDE charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, GDE currently yields 17.11% against 2.96% for SCHD.
Holdings Overlap
7.7% of GDE's money is in holdings SCHD also owns. 90.7% of SCHD's money is in holdings GDE also owns.
Most of SCHD is already inside GDE. Owning both mostly buys the same companies twice.
42 positions in common, counted across the 492 positions we hold weights for in GDE and 98 in SCHD, against full books of 1,017 and 204.
What only one of them owns
Our book lists 55 positions for SCHD that do not appear in our book for GDE (9.1% of the fund), and 428 for GDE that do not appear in SCHD (88.5%).
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 GDE | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 0.69% | 4.32% | 3.63% |
| PGProcter & Gamble Company | 0.56% | 4.36% | 3.80% |
| KOCoca Cola Co. | 0.59% | 4.28% | 3.69% |
| TXNTexas Instrument Inc | 0.34% | 4.53% | 4.19% |
| UNHUnitedhealth Group Incorporated | 0.53% | 4.07% | 3.54% |
| MRKMerck & Company Inc | 0.53% | 4.00% | 3.47% |
| COPConocophillips Common Stock USD 0.01 | 0.26% | 4.27% | 4.01% |
| QCOMQualcomm Inc. | 0.28% | 4.18% | 3.90% |
| AMGNAmgen Inc. | 0.34% | 3.96% | 3.62% |
| HDHome Depot Inc | 0.43% | 3.82% | 3.39% |
90.7% of SCHD is already inside GDE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GDE or SCHD?
GDE has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, GDE or SCHD?
Over the past year GDE returned -12.23% vs +37.17% 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, GDE or SCHD?
GDE has been the more volatile fund at 24.5% annualized versus 15.6% for SCHD. Worst drawdown: GDE -32.9% vs SCHD -16.1%.
Should I hold both GDE and SCHD?
GDE and SCHD have a monthly-return correlation of 0.42, 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 GDE and SCHD?
90.7% of SCHD's money is in holdings GDE also owns. 90.7% of SCHD's is in holdings GDE also owns. They hold 42 positions in common, counted across the 492 positions we hold weights for in GDE and 98 in SCHD.
Which pays a higher dividend, GDE or SCHD?
GDE yields 17.11% while SCHD yields 2.96%, so GDE currently pays the higher dividend yield.
Is SCHD better than GDE?
SCHD has a lower expense ratio. GDE led over 3Y and the full window, SCHD over 1Y. GDE is less concentrated, with 38.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.