SCHD vs WCAP

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDWCAPWinner
Expense Ratio0.06%1.00%
AUM$103.7B$60M
Dividend Yield3.31%0.04%
Holdings10431
YTD Return+24.26%-3.09%
1Y Return+31.38%-5.72%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%-
Max Drawdown-33.4%-15.9%
Fund FamilyCharles Schwab Asset ManagementWarren Capital Group
CategoryEquityEquity
InceptionOct 20, 2011Sep 11, 2025

SCHD vs WCAP Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WarCap Unconstrained Equity ETF (WCAP) is a ETF from Warren Capital Group. Over the past year SCHD returned +31.38% while WCAP returned -5.72%. Year to date, SCHD is up 24.26% versus a loss of 3.09% for WCAP.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -33.4% for SCHD and -15.9% for WCAP. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SCHD charges 0.06% per year while WCAP charges 1.00%. On a $10,000 position that is $6 vs $100 annually, a gap of $94 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.04% for WCAP.

Holdings Overlap

5.1%overlap

SCHD and WCAP share 2 holdings out of 128 unique holdings combined, representing a 5.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in WCAPDifference
KO4.08%2.99%1.09%
LMT2.66%2.08%0.58%

Frequently Asked Questions

Which is cheaper, SCHD or WCAP?

SCHD has an expense ratio of 0.06% while WCAP charges 1.00%. SCHD is the cheaper option. On a $10,000 investment, that is $94 per year of difference.

Which performed better, SCHD or WCAP?

Over the past year SCHD returned +31.38% vs -5.72% for WCAP, so SCHD leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between SCHD and WCAP?

SCHD and WCAP share 2 common holdings with a 5.1% weight overlap. Combined, they hold 128 unique securities.

Which pays a higher dividend, SCHD or WCAP?

SCHD yields 3.31% while WCAP yields 0.04%, so SCHD currently pays the higher dividend yield.

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