SCHD vs WBIY
Schwab US Dividend Equity ETF vs WBI Power Factor High Dividend ETF
Which is better, SCHD or WBIY?
Large Cap Value against Mid Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, WBIY over 3Y and 5Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 47.8%.
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 | WBIY |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.97% |
| AUM | $112.2B | $65M |
| Dividend Yield | 3.13% | 4.06% |
| Holdings | 103 | 51 |
| YTD Return | +27.56%Best | +22.03% |
| 1Y Return | +30.29%Best | +26.68% |
| 3Y Return (annualized) | +16.37% | +18.27%Best |
| 5Y Return (annualized) | +10.23% | +12.12%Best |
| Volatility (annualized) | 15.4%Best | 21.6% |
| Max Drawdown | -33.4%Best | -52.1% |
| $10,000 over 5 years | $16,274 | $17,718Best |
| Top 10 Weight | 41.5%Best | 47.8% |
| Fund Family | Charles Schwab Asset Management | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Value |
| Inception | Oct 20, 2011 | Dec 19, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 22, 2016 to Sep 4, 2026 (9.7 years).
SCHD vs WBIY 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 9.7 years both funds cover.
SCHD vs WBIY Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WBI Power Factor High Dividend ETF (WBIY) is an ETF from WBI Investments. Over the past year SCHD returned +30.29% while WBIY returned +26.68%. Year to date, SCHD is up 27.56% versus a gain of 22.03% for WBIY.
Over three years, SCHD compounded at +16.37% per year against +18.27% for WBIY; over five years the annualized figures are +10.23% and +12.12% respectively. Across the full 10-year window we track, SCHD has the edge at +11.53% annualized vs +7.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WBIY has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 15.4% 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 -33.4% for SCHD and -52.1% for WBIY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while WBIY charges 0.97%. On a $10,000 position that is $6 vs $97 annually, a gap of $91 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 4.06% for WBIY.
Holdings Overlap
21.8% of SCHD's money is in holdings WBIY also owns. 40.5% of WBIY's money is in holdings SCHD also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in WBIY, against full books of 103 and 51.
What only one of them owns
Measured across the 100 and 50 positions we hold weights for.
SCHD holds 81 positions WBIY does not, 77.8% of the fund.
Largest: ABT 4.70%, AMGN 4.62%, HD 4.32%, MRK 4.26%, KO 4.20%
Top Shared Holdings
| Stock | Weight in SCHD | Weight in WBIY | Difference |
|---|---|---|---|
| VZVerizon Communications Inc Com Usd1 | 3.84% | 5.34% | 1.50% |
| CMCSACOMCAST CORP CLASS A | 2.26% | 5.13% | 2.87% |
| MOAltria Group Inc. | 2.86% | 4.29% | 1.43% |
| UPSUnited Parcel Service, Inc | 1.95% | 4.08% | 2.13% |
| BMYBristol-Myers Squibb Co. | 3.31% | 1.69% | 1.62% |
| WENWendy's Co/the | 0.03% | 4.95% | 4.92% |
| ACNAccenture Plc Class A | 2.70% | 2.11% | 0.59% |
| OKEOneok Inc. | 1.36% | 1.71% | 0.35% |
| TGTTarget Corp. | 1.70% | 1.35% | 0.35% |
| BBYBest Buy Co. Inc. | 0.40% | 1.69% | 1.29% |
40.5% of WBIY is already inside SCHD.
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 WBIY?
SCHD has an expense ratio of 0.06% while WBIY charges 0.97%. SCHD is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, SCHD or WBIY?
Over the past year SCHD returned +30.29% vs +26.68% for WBIY, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), SCHD annualized +11.53% vs +7.34% for WBIY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WBIY?
WBIY has been the more volatile fund at 21.6% annualized versus 15.4% for SCHD. Worst drawdown: SCHD -33.4% vs WBIY -52.1%.
Should I hold both SCHD and WBIY?
SCHD and WBIY have a monthly-return correlation of 0.89, 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 WBIY?
40.5% of WBIY's money is in holdings SCHD also owns. 40.5% of WBIY's is in holdings SCHD also owns. They hold 17 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in WBIY.
Which pays a higher dividend, SCHD or WBIY?
SCHD yields 3.13% while WBIY yields 4.06%, so WBIY currently pays the higher dividend yield.
Is WBIY better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, WBIY over 3Y and 5Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 47.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.