SCHD vs WCLD
Schwab US Dividend Equity ETF vs WisdomTree Cloud Computing Fund
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | WCLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.45% | |
| AUM | $103.7B | $263M | |
| Dividend Yield | 3.31% | 0.00% | |
| Holdings | 104 | 66 | |
| YTD Return | +25.62% | +18.20% | |
| 1Y Return | +32.62% | +22.99% | |
| 3Y Return (annualized) | +15.58% | +8.52% | |
| 5Y Return (annualized) | +9.63% | -6.98% | |
| Volatility (annualized) | 13.6% | 30.7% | |
| Max Drawdown | -33.4% | -64.9% | |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Sep 6, 2019 |
SCHD vs WCLD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WisdomTree Cloud Computing Fund (WCLD) is a ETF from WisdomTree Investments. Over the past year SCHD returned +32.62% while WCLD returned +22.99%. Year to date, SCHD is up 25.62% versus a gain of 18.20% for WCLD.
Over three years, SCHD compounded at +15.58% per year against +8.52% for WCLD; over five years the annualized figures are +9.63% and -6.98% respectively. Across the full 7-year window we track, SCHD has the edge at +11.47% annualized vs +6.83%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WCLD has been the more volatile fund, with annualized monthly volatility of 30.7% compared with 13.6% 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 -33.4% for SCHD and -64.9% for WCLD. 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while WCLD charges 0.45%. On a $10,000 position that is $6 vs $45 annually, a gap of $39 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for WCLD.
Holdings Overlap
SCHD and WCLD share 0 holdings out of 165 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or WCLD?
SCHD has an expense ratio of 0.06% while WCLD charges 0.45%. SCHD is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, SCHD or WCLD?
Over the past year SCHD returned +32.62% vs +22.99% for WCLD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.47% vs +6.83% for WCLD. Past performance does not guarantee future results.
Which is riskier, SCHD or WCLD?
WCLD has been the more volatile fund at 30.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs WCLD -64.9%.
Should I hold both SCHD and WCLD?
SCHD and WCLD have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and WCLD?
SCHD and WCLD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 165 unique securities.
Which pays a higher dividend, SCHD or WCLD?
SCHD yields 3.31% while WCLD yields 0.00%, so SCHD currently pays the higher dividend yield.
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