SCHD vs WDTE
Schwab US Dividend Equity ETF vs Defiance S&P 500 Weekly Distribution ETF
Which is better, SCHD or WDTE?
Large Cap Value against Option Writing.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window.
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 | WDTE |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.03% |
| AUM | $112.2B | $68M |
| Dividend Yield | 3.13% | 33.01% |
| Holdings | 103 | 10 |
| YTD Return | +27.56%Best | +12.45% |
| 1Y Return | +30.29%Best | +17.86% |
| 3Y Return (annualized) | +16.37%Best | +14.33% |
| 5Y Return (annualized) | +10.23% | - |
| Volatility (annualized) | 13.1% | 10.4%Best |
| Max Drawdown | -16.1% | -15.8%Best |
| $10,000 over 3 years | $15,979Best | $14,944 |
| Fund Family | Charles Schwab Asset Management | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Value | Option Writing |
| Inception | Oct 20, 2011 | Sep 18, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 19, 2023 to Sep 4, 2026 (3 years).
SCHD vs WDTE 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 3 years both funds cover.
SCHD vs WDTE Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Defiance S&P 500 Weekly Distribution ETF (WDTE) is an ETF from Defiance ETFs, LLC. Over the past year SCHD returned +30.29% while WDTE returned +17.86%. Year to date, SCHD is up 27.56% versus a gain of 12.45% for WDTE.
Over three years, SCHD compounded at +16.37% per year against +14.33% for WDTE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 10.4% for WDTE. 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 -16.1% for SCHD and -15.8% for WDTE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while WDTE charges 1.03%. On a $10,000 position that is $6 vs $103 annually, a gap of $97 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 33.01% for WDTE.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 1 in WDTE, totalling 100.0% and 3.0% 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 1 in WDTE, against full books of 103 and 10.
You are not choosing between two funds in isolation.
Whichever of SCHD and WDTE 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 WDTE?
SCHD has an expense ratio of 0.06% while WDTE charges 1.03%. SCHD is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, SCHD or WDTE?
Over the past year SCHD returned +30.29% vs +17.86% for WDTE, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WDTE?
SCHD has been the more volatile fund at 13.1% annualized versus 10.4% for WDTE. Worst drawdown: SCHD -16.1% vs WDTE -15.8%.
Should I hold both SCHD and WDTE?
SCHD and WDTE have a monthly-return correlation of 0.49, 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 WDTE?
SCHD yields 3.13% while WDTE yields 33.01%, so WDTE currently pays the higher dividend yield.
Is WDTE better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.