OPPE vs SCHD
WisdomTree European Opportunities Fund vs Schwab US Dividend Equity ETF
Which is better, OPPE or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. OPPE led over 3Y and 5Y, SCHD over 1Y and the full window. OPPE is less concentrated, with 22.4% 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 | OPPE | SCHD |
|---|---|---|
| Expense Ratio | 0.58% | 0.06%Best |
| AUM | $296M | $112.1B |
| Dividend Yield | 2.58% | 3.00% |
| Holdings | 105 | 103 |
| YTD Return | +17.83% | +24.23%Best |
| 1Y Return | +27.32% | +27.90%Best |
| 3Y Return (annualized) | +25.07%Best | +15.55% |
| 5Y Return (annualized) | +14.53%Best | +9.97% |
| Volatility (annualized) | 16.2% | 14.8%Best |
| Max Drawdown | -39.3% | -33.4%Best |
| $10,000 over 5 years | $19,706Best | $16,083 |
| Top 10 Weight | 22.4%Best | 41.8% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Mar 4, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 4, 2015 to Sep 17, 2026 (11.5 years).
OPPE 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 11.5 years both funds cover.
OPPE vs SCHD Performance
WisdomTree European Opportunities Fund (OPPE) 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 OPPE returned +27.32% while SCHD returned +27.90%. Year to date, OPPE is up 17.83% versus a gain of 24.23% for SCHD.
Over three years, OPPE compounded at +25.07% per year against +15.55% for SCHD; over five years the annualized figures are +14.53% and +9.97% respectively. Across the full 12-year window we track, SCHD has the edge at +10.15% annualized vs +9.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OPPE has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 14.8% 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 -39.3% for OPPE 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OPPE charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, OPPE currently yields 2.58% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 91 holdings in OPPE and 100 in SCHD, totalling 97.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 91 positions we hold weights for in OPPE and 100 in SCHD, against full books of 105 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for OPPE (99.9% of the fund), and 8 for OPPE that do not appear in SCHD (6.9%).
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.
You are not choosing between two funds in isolation.
Whichever of OPPE 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, OPPE or SCHD?
OPPE has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, OPPE or SCHD?
Over the past year OPPE returned +27.32% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), OPPE annualized +9.74% vs +10.15% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OPPE or SCHD?
OPPE has been the more volatile fund at 16.2% annualized versus 14.8% for SCHD. Worst drawdown: OPPE -39.3% vs SCHD -33.4%.
Should I hold both OPPE and SCHD?
OPPE and SCHD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, OPPE or SCHD?
OPPE yields 2.58% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than OPPE?
SCHD has a lower expense ratio. OPPE led over 3Y and 5Y, SCHD over 1Y and the full window. OPPE is less concentrated, with 22.4% 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.