SCHD vs USMF
Schwab US Dividend Equity ETF vs WisdomTree US Multifactor Fund
Which is better, SCHD or USMF?
Large Cap Value against Mid Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | SCHD | USMF |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.28% |
| AUM | $119.9B | $232M |
| Dividend Yield | 2.96% | 1.29% |
| Holdings | 204 | 403 |
| YTD Return | +33.09%Best | -0.15% |
| 1Y Return | +37.17%Best | -0.76% |
| 3Y Return (annualized) | +20.32%Best | +10.31% |
| 5Y Return (annualized) | +10.36%Best | +5.53% |
| Volatility (annualized) | 16.1% | 14.8%Best |
| Max Drawdown | -33.4%Best | -36.2% |
| $10,000 over 5 years | $16,370Best | $13,088 |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Blend |
| Inception | Oct 20, 2011 | Jun 29, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 29, 2017 to Nov 11, 2026 (9.4 years).
SCHD vs USMF 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 9.4 years both funds cover.
SCHD vs USMF Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WisdomTree US Multifactor Fund (USMF) is an ETF from WisdomTree Investments. Over the past year SCHD returned +37.17% while USMF returned -0.76%. Year to date, SCHD is up 33.09% versus a loss of 0.15% for USMF.
Over three years, SCHD compounded at +20.32% per year against +10.31% for USMF; over five years the annualized figures are +10.36% and +5.53% respectively. Across the full 9-year window we track, SCHD has the edge at +12.19% annualized vs +9.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 14.8% for USMF. 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 -36.2% for USMF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while USMF charges 0.28%. On a $10,000 position that is $6 vs $28 annually, a gap of $22 per year that compounds over a long holding period. On income, SCHD currently yields 2.96% against 1.29% for USMF.
Holdings Overlap
At least 35.9% of SCHD's money is in holdings USMF also owns.
Stated as a floor: for USMF, our book for it covers 94.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
14 positions in common, counted across the 98 positions we hold weights for in SCHD and 195 in USMF, against full books of 204 and 403.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in USMF | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 4.53% | 0.57% | 3.96% |
| MRKMerck & Company Inc | 4.00% | 0.94% | 3.06% |
| UNHUnitedhealth Group Incorporated | 4.07% | 0.67% | 3.40% |
| QCOMQualcomm Inc. | 4.18% | 0.47% | 3.71% |
| AMGNAmgen Inc. | 3.96% | 0.61% | 3.35% |
| VZVerizon Communic | 3.64% | 0.64% | 3.00% |
| MOAltria Group Inc | 3.05% | 0.63% | 2.42% |
| BMYBristol-Myers Squibb Co. | 3.02% | 0.62% | 2.40% |
| EOGEog Resources Inc | 2.02% | 0.46% | 1.56% |
| TGTTARGET CORP | 1.76% | 0.63% | 1.13% |
35.9% of SCHD is already inside USMF.
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, SCHD or USMF?
SCHD has an expense ratio of 0.06% while USMF charges 0.28%. SCHD is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, SCHD or USMF?
Over the past year SCHD returned +37.17% vs -0.76% for USMF, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +12.19% vs +9.43% for USMF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or USMF?
SCHD has been the more volatile fund at 16.1% annualized versus 14.8% for USMF. Worst drawdown: SCHD -33.4% vs USMF -36.2%.
Should I hold both SCHD and USMF?
SCHD and USMF have a monthly-return correlation of 0.85, 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 SCHD and USMF?
At least 35.9% of SCHD's money is in holdings USMF also owns. Our book for USMF is partial, so the real figure is this or higher. They hold 14 positions in common, counted across the 98 positions we hold weights for in SCHD and 195 in USMF.
Which pays a higher dividend, SCHD or USMF?
SCHD yields 2.96% while USMF yields 1.29%, so SCHD currently pays the higher dividend yield.
Is USMF better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.