SCHD vs WDAF

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

MetricSCHDWDAFWinner
Expense Ratio0.06%0.45%
AUM$103.7B$21M
Dividend Yield3.31%0.12%
Holdings10455
YTD Return+25.58%+10.81%
1Y Return+31.06%+4.01%
3Y Return (annualized)+15.55%-
5Y Return (annualized)+9.61%-
Volatility (annualized)13.6%-
Max Drawdown-33.4%-28.2%
Fund FamilyCharles Schwab Asset ManagementWisdomTree Investments
CategoryEquityEquity
InceptionOct 20, 2011Sep 12, 2025

SCHD vs WDAF Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WisdomTree Asia Defense Fund ETF (WDAF) is a ETF from WisdomTree Investments. Over the past year SCHD returned +31.06% while WDAF returned +4.01%. Year to date, SCHD is up 25.58% versus a gain of 10.81% for WDAF.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -33.4% for SCHD and -28.2% for WDAF. 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 WDAF 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 0.12% for WDAF.

Holdings Overlap

0.0%overlap

SCHD and WDAF share 0 holdings out of 152 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 WDAF?

SCHD has an expense ratio of 0.06% while WDAF 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 WDAF?

Over the past year SCHD returned +31.06% vs +4.01% for WDAF, so SCHD leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between SCHD and WDAF?

SCHD and WDAF share 0 common holdings with a 0.0% weight overlap. Combined, they hold 152 unique securities.

Which pays a higher dividend, SCHD or WDAF?

SCHD yields 3.31% while WDAF yields 0.12%, so SCHD currently pays the higher dividend yield.

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