SCHD vs SDCP
Schwab US Dividend Equity ETF vs Virtus Newfleet Short Duration Core Plus Bond ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SDCP offers more diversification with 344 holdings.
Side-by-Side Comparison
| Metric | SCHD | SDCP | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.35% | |
| AUM | $108.7B | $13M | |
| Dividend Yield | 3.13% | 5.16% | |
| Holdings | 104 | 344 | |
| YTD Return | +27.67% | +1.21% | |
| 1Y Return | +29.56% | +2.74% | |
| 3Y Return (annualized) | +16.53% | - | |
| 5Y Return (annualized) | +9.95% | - | |
| Volatility (annualized) | 13.6% | 1.6% | |
| Max Drawdown | -33.4% | -0.8% | |
| Fund Family | Charles Schwab Asset Management | Virtus Investment Partners | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Nov 15, 2023 |
SCHD vs SDCP Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is a ETF from Virtus Investment Partners. Over the past year SCHD returned +29.56% while SDCP returned +2.74%. Year to date, SCHD is up 27.67% versus a gain of 1.21% for SDCP.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.6% for SDCP. 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 -33.4% for SCHD and -0.8% for SDCP. 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SDCP charges 0.35%. On a $10,000 position that is $6 vs $35 annually, a gap of $29 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 5.16% for SDCP.
Holdings Overlap
SCHD and SDCP share 0 holdings out of 101 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, SCHD or SDCP?
SCHD has an expense ratio of 0.06% while SDCP charges 0.35%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, SCHD or SDCP?
Over the past year SCHD returned +29.56% vs +2.74% for SDCP, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.55% vs +5.24% for SDCP. Past performance does not guarantee future results.
Which is riskier, SCHD or SDCP?
SCHD has been the more volatile fund at 13.6% annualized versus 1.6% for SDCP. Worst drawdown: SCHD -33.4% vs SDCP -0.8%.
Should I hold both SCHD and SDCP?
SCHD and SDCP have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SDCP?
SCHD and SDCP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or SDCP?
SCHD yields 3.13% while SDCP yields 5.16%, so SDCP currently pays the higher dividend yield.
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