SCHD vs WBIL
Schwab US Dividend Equity ETF vs WBI BullBear Quality 3000 ETF
Which is better, SCHD or WBIL?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. WBIL is less concentrated, with 21.6% 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 | WBIL |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.55% |
| AUM | $112.1B | $30M |
| Dividend Yield | 3.00% | 0.04% |
| Holdings | 103 | 63 |
| YTD Return | +21.99%Best | +14.59% |
| 1Y Return | +25.92%Best | +16.30% |
| 3Y Return (annualized) | +15.66%Best | +11.24% |
| 5Y Return (annualized) | +9.48%Best | +6.39% |
| Volatility (annualized) | 14.7% | 11.9%Best |
| Max Drawdown | -33.4% | -25.3%Best |
| $10,000 over 5 years | $15,728Best | $13,630 |
| Top 10 Weight | 41.8% | 21.6%Best |
| Fund Family | Charles Schwab Asset Management | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Aug 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Aug 27, 2014 to Sep 23, 2026 (12.1 years).
SCHD vs WBIL 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 12.1 years both funds cover.
SCHD vs WBIL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WBI BullBear Quality 3000 ETF (WBIL) is an ETF from WBI Investments. Over the past year SCHD returned +25.92% while WBIL returned +16.30%. Year to date, SCHD is up 21.99% versus a gain of 14.59% for WBIL.
Over three years, SCHD compounded at +15.66% per year against +11.24% for WBIL; over five years the annualized figures are +9.48% and +6.39% respectively. Across the full 12-year window we track, SCHD has the edge at +9.88% annualized vs +4.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 11.9% for WBIL. 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 WBIL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while WBIL charges 1.55%. On a $10,000 position that is $6 vs $155 annually, a gap of $149 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.04% for WBIL.
Holdings Overlap
22.7% of SCHD's money is in holdings WBIL also owns. 9.7% of WBIL's money is in holdings SCHD also owns.
SCHD and WBIL share little of their money.
8 positions in common, counted across the 100 positions we hold weights for in SCHD and 69 in WBIL, against full books of 103 and 63.
What only one of them owns
Our book lists 59 positions for WBIL that do not appear in our book for SCHD (84.2% of the fund), and 91 for SCHD that do not appear in WBIL (77.2%).
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 WBIL | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 4.70% | 1.60% | 3.10% |
| KOCoca Cola Co. | 4.17% | 1.66% | 2.51% |
| LMTLockheed Martin Corp | 2.78% | 1.62% | 1.16% |
| QCOMQualcomm Inc. | 2.52% | 1.67% | 0.85% |
| TXNTexas Instrument Inc | 3.13% | 0.75% | 2.38% |
| BXBlackstone Group Inc. Class A | 2.59% | 0.81% | 1.78% |
| SLBSchlumberger Nv. | 2.19% | 0.85% | 1.34% |
| HSYHershey Co. | 0.64% | 0.73% | 0.09% |
22.7% of SCHD is already inside WBIL.
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 WBIL?
SCHD has an expense ratio of 0.06% while WBIL charges 1.55%. SCHD is the cheaper option, by $149 a year on a $10,000 investment.
Which performed better, SCHD or WBIL?
Over the past year SCHD returned +25.92% vs +16.30% for WBIL, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), SCHD annualized +9.88% vs +4.59% for WBIL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WBIL?
SCHD has been the more volatile fund at 14.7% annualized versus 11.9% for WBIL. Worst drawdown: SCHD -33.4% vs WBIL -25.3%.
Should I hold both SCHD and WBIL?
SCHD and WBIL have a monthly-return correlation of 0.68, 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 WBIL?
22.7% of SCHD's money is in holdings WBIL also owns. 9.7% of WBIL's is in holdings SCHD also owns. They hold 8 positions in common, counted across the 100 positions we hold weights for in SCHD and 69 in WBIL.
Which pays a higher dividend, SCHD or WBIL?
SCHD yields 3.00% while WBIL yields 0.04%, so SCHD currently pays the higher dividend yield.
Is WBIL better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. WBIL is less concentrated, with 21.6% 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.