SCHD vs WEED

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

MetricSCHDWEEDWinner
Expense Ratio0.06%0.41%
AUM$103.7B$8M
Dividend Yield3.31%0.00%
Holdings1049
YTD Return+24.26%-5.45%
1Y Return+31.38%+30.84%
3Y Return (annualized)+15.08%-4.96%
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%80.0%
Max Drawdown-33.4%-88.1%
Fund FamilyCharles Schwab Asset ManagementRoundhill Investments
CategoryEquityEquity
InceptionOct 20, 2011Apr 20, 2022

SCHD vs WEED Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Roundhill Cannabis ETF (WEED) is a ETF from Roundhill Investments. Over the past year SCHD returned +31.38% while WEED returned +30.84%. Year to date, SCHD is up 24.26% versus a loss of 5.45% for WEED.

Over three years, SCHD compounded at +15.08% per year against -4.96% for WEED. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs -27.19%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

WEED has been the more volatile fund, with annualized monthly volatility of 80.0% 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 -88.1% for WEED. 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while WEED charges 0.41%. On a $10,000 position that is $6 vs $41 annually, a gap of $35 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for WEED.

Holdings Overlap

0.0%overlap

SCHD and WEED share 0 holdings out of 102 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 WEED?

SCHD has an expense ratio of 0.06% while WEED charges 0.41%. SCHD is the cheaper option. On a $10,000 investment, that is $35 per year of difference.

Which performed better, SCHD or WEED?

Over the past year SCHD returned +31.38% vs +30.84% for WEED, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.39% vs -27.19% for WEED. Past performance does not guarantee future results.

Which is riskier, SCHD or WEED?

WEED has been the more volatile fund at 80.0% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs WEED -88.1%.

Should I hold both SCHD and WEED?

SCHD and WEED have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and WEED?

SCHD and WEED share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.

Which pays a higher dividend, SCHD or WEED?

SCHD yields 3.31% while WEED yields 0.00%, so SCHD currently pays the higher dividend yield.

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