SCHD vs WCLD
Schwab US Dividend Equity ETF vs WisdomTree Cloud Computing Fund
Which is better, SCHD or WCLD?
Large Cap Value against Mid Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. WCLD is less concentrated, with 17.3% 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 | WCLD |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.45% |
| AUM | $112.1B | $356M |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 66 |
| YTD Return | +23.68%Best | +21.64% |
| 1Y Return | +28.36%Best | +11.64% |
| 3Y Return (annualized) | +16.20%Best | +12.04% |
| 5Y Return (annualized) | +10.07%Best | -7.52% |
| Volatility (annualized) | 16.5%Best | 31.3% |
| Max Drawdown | -33.4%Best | -64.9% |
| $10,000 over 5 years | $16,156Best | $6,765 |
| Top 10 Weight | 41.8% | 17.3%Best |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Growth |
| Inception | Oct 20, 2011 | Sep 6, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Sep 6, 2019 to Sep 22, 2026 (7 years).
SCHD vs WCLD 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 7 years both funds cover.
SCHD vs WCLD Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WisdomTree Cloud Computing Fund (WCLD) is an ETF from WisdomTree Investments. Over the past year SCHD returned +28.36% while WCLD returned +11.64%. Year to date, SCHD is up 23.68% versus a gain of 21.64% for WCLD.
Over three years, SCHD compounded at +16.20% per year against +12.04% for WCLD; over five years the annualized figures are +10.07% and -7.52% respectively. Across the full 7-year window we track, SCHD has the edge at +12.22% annualized vs +7.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WCLD has been the more volatile fund, with annualized monthly volatility of 31.3% compared with 16.5% 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 what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
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 3.00% against 0.00% for WCLD.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 65 in WCLD, totalling 100.0% and 98.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 65 in WCLD, against full books of 103 and 66.
What only one of them owns
Our book lists 61 positions for WCLD that do not appear in our book for SCHD (92.2% of the fund), and 99 for SCHD that do not appear in WCLD (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of SCHD and WCLD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $39 a year on a $10,000 investment.
Which performed better, SCHD or WCLD?
Over the past year SCHD returned +28.36% vs +11.64% for WCLD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +12.22% vs +7.15% for WCLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WCLD?
WCLD has been the more volatile fund at 31.3% annualized versus 16.5% 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 0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or WCLD?
SCHD yields 3.00% while WCLD yields 0.00%, so SCHD currently pays the higher dividend yield.
Is WCLD better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. WCLD is less concentrated, with 17.3% 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.