RNWZ vs SCHD
TrueShares Eagle Global Renewable Energy Income 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 | RNWZ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.06% | |
| AUM | $6M | $108.7B | |
| Dividend Yield | 1.24% | 3.13% | |
| Holdings | 24 | 104 | |
| YTD Return | +15.60% | +28.63% | |
| 1Y Return | +7.55% | +32.53% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +10.47% | |
| Volatility (annualized) | 19.9% | 13.7% | |
| Max Drawdown | -24.9% | -33.4% | |
| Fund Family | TrueShares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 8, 2022 | Oct 20, 2011 |
RNWZ vs SCHD Performance
TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) is a ETF from TrueShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RNWZ returned +7.55% while SCHD returned +32.53%. Year to date, RNWZ is up 15.60% versus a gain of 28.63% for SCHD.
Risk: Volatility and Drawdowns
RNWZ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 13.7% 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 -24.9% for RNWZ 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RNWZ charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, RNWZ currently yields 1.24% against 3.13% for SCHD.
Holdings Overlap
RNWZ and SCHD share 1 holdings out of 123 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in RNWZ | Weight in SCHD | Difference |
|---|---|---|---|
| CWEN | 6.19% | 0.10% | 6.09% |
Frequently Asked Questions
Which is cheaper, RNWZ or SCHD?
RNWZ has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.
Which performed better, RNWZ or SCHD?
Over the past year RNWZ returned +7.55% vs +32.53% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), RNWZ annualized +1.43% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, RNWZ or SCHD?
RNWZ has been the more volatile fund at 19.9% annualized versus 13.7% for SCHD. Worst drawdown: RNWZ -24.9% vs SCHD -33.4%.
Should I hold both RNWZ and SCHD?
RNWZ and SCHD have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RNWZ and SCHD?
RNWZ and SCHD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 123 unique securities.
Which pays a higher dividend, RNWZ or SCHD?
RNWZ yields 1.24% while SCHD yields 3.13%, 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.