SCHD vs WBIG
Schwab US Dividend Equity ETF vs WBI BullBear Yield 3000 ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | SCHD | WBIG | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.59% | |
| AUM | $112.2B | $33M | |
| Dividend Yield | 3.13% | 1.00% | |
| Holdings | 103 | 81 | |
| YTD Return | +27.60% | +14.68% | |
| 1Y Return | +29.63% | +20.38% | |
| 3Y Return (annualized) | +16.43% | +7.30% | |
| 5Y Return (annualized) | +10.05% | +1.79% | |
| Volatility (annualized) | 13.6% | 11.2% | |
| Max Drawdown | -33.4% | -25.3% | |
| Fund Family | Charles Schwab Asset Management | WBI Investments | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Aug 25, 2014 |
SCHD vs WBIG Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WBI BullBear Yield 3000 ETF (WBIG) is a ETF from WBI Investments. Over the past year SCHD returned +29.63% while WBIG returned +20.38%. Year to date, SCHD is up 27.60% versus a gain of 14.68% for WBIG.
Over three years, SCHD compounded at +16.43% per year against +7.30% for WBIG; over five years the annualized figures are +10.05% and +1.79% respectively. Across the full 12-year window we track, SCHD has the edge at +11.54% annualized vs +1.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.2% for WBIG. 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 -25.3% for WBIG. 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while WBIG charges 1.59%. On a $10,000 position that is $6 vs $159 annually, a gap of $153 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 1.00% for WBIG.
Holdings Overlap
SCHD and WBIG share 19 holdings out of 163 unique holdings combined, representing a 16.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or WBIG?
SCHD has an expense ratio of 0.06% while WBIG charges 1.59%. SCHD is the cheaper option. On a $10,000 investment, that is $153 per year of difference.
Which performed better, SCHD or WBIG?
Over the past year SCHD returned +29.63% vs +20.38% for WBIG, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), SCHD annualized +11.54% vs +1.43% for WBIG. Past performance does not guarantee future results.
Which is riskier, SCHD or WBIG?
SCHD has been the more volatile fund at 13.6% annualized versus 11.2% for WBIG. Worst drawdown: SCHD -33.4% vs WBIG -25.3%.
Should I hold both SCHD and WBIG?
SCHD and WBIG have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and WBIG?
SCHD and WBIG share 19 common holdings with a 16.5% weight overlap. Combined, they hold 163 unique securities.
Which pays a higher dividend, SCHD or WBIG?
SCHD yields 3.13% while WBIG yields 1.00%, so SCHD currently pays the higher dividend yield.
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