SCHD vs VOTE
Schwab US Dividend Equity ETF vs TCW Transform 500 ETF
Which is better, SCHD or VOTE?
Large Cap Value against Large Cap Blend.
VOTE has a lower expense ratio. SCHD led over 1Y, VOTE over 3Y, 5Y and the full window. VOTE is less concentrated, with 36.8% 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 | SCHD | VOTE |
|---|---|---|
| Expense Ratio | 0.06% | 0.05%Best |
| AUM | $112.1B | $1.1B |
| Dividend Yield | 3.00% | 0.92% |
| Holdings | 103 | 509 |
| YTD Return | +25.84%Best | +11.67% |
| 1Y Return | +30.18%Best | +15.88% |
| 3Y Return (annualized) | +16.08% | +21.19%Best |
| 5Y Return (annualized) | +9.97% | +12.26%Best |
| Volatility (annualized) | 14.6%Best | 15.8% |
| Max Drawdown | -16.9%Best | -25.7% |
| $10,000 over 5 years | $16,083 | $17,829Best |
| Top 10 Weight | 41.8% | 36.8%Best |
| Fund Family | Charles Schwab Asset Management | TCW ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Jun 22, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jun 23, 2021 to Sep 15, 2026 (5.2 years).
SCHD vs VOTE 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 5.2 years both funds cover.
SCHD vs VOTE Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and TCW Transform 500 ETF (VOTE) is an ETF from TCW ETFs. Over the past year SCHD returned +30.18% while VOTE returned +15.88%. Year to date, SCHD is up 25.84% versus a gain of 11.67% for VOTE.
Over three years, SCHD compounded at +16.08% per year against +21.19% for VOTE; over five years the annualized figures are +9.97% and +12.26% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOTE has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 14.6% 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 -16.9% for SCHD and -25.7% for VOTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VOTE charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.92% for VOTE.
Holdings Overlap
94.1% of SCHD's money is in holdings VOTE also owns. 7.7% of VOTE's money is in holdings SCHD also owns.
Most of SCHD is already inside VOTE. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 100 positions we hold weights for in SCHD and 501 in VOTE, against full books of 103 and 509.
What only one of them owns
Our book lists 438 positions for VOTE that do not appear in our book for SCHD (90.9% of the fund), and 56 for SCHD that do not appear in VOTE (5.8%).
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 SCHD | Weight in VOTE | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 4.77% | 0.48% | 4.29% |
| AMGNAmgen Inc. | 4.70% | 0.33% | 4.37% |
| ABTAbbott Laboratories | 4.69% | 0.29% | 4.40% |
| KOCoca Cola Co. | 4.17% | 0.51% | 3.66% |
| CVXChevron Corp | 4.02% | 0.55% | 3.47% |
| HDHome Depot Inc/The | 3.88% | 0.50% | 3.38% |
| UNHUnitedhealth Group Incorporated | 3.82% | 0.54% | 3.28% |
| PGProcter & Gamble Company | 3.83% | 0.50% | 3.33% |
| VZVerizon Communic | 3.97% | 0.30% | 3.67% |
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.23% | 3.71% |
94.1% of SCHD is already inside VOTE.
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 VOTE?
SCHD has an expense ratio of 0.06% while VOTE charges 0.05%. VOTE is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHD or VOTE?
Over the past year SCHD returned +30.18% vs +15.88% for VOTE, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VOTE?
VOTE has been the more volatile fund at 15.8% annualized versus 14.6% for SCHD. Worst drawdown: SCHD -16.9% vs VOTE -25.7%.
Should I hold both SCHD and VOTE?
SCHD and VOTE have a monthly-return correlation of 0.70, 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 VOTE?
94.1% of SCHD's money is in holdings VOTE also owns. 7.7% of VOTE's is in holdings SCHD also owns. They hold 43 positions in common, counted across the 100 positions we hold weights for in SCHD and 501 in VOTE.
Which pays a higher dividend, SCHD or VOTE?
SCHD yields 3.00% while VOTE yields 0.92%, so SCHD currently pays the higher dividend yield.
Is VOTE better than SCHD?
VOTE has a lower expense ratio. SCHD led over 1Y, VOTE over 3Y, 5Y and the full window. VOTE is less concentrated, with 36.8% 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.