SCHD vs WEEK
Schwab US Dividend Equity ETF vs Roundhill Weekly T-Bill ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | SCHD | WEEK | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.19% | |
| AUM | $108.7B | $184M | |
| Dividend Yield | 3.13% | 3.63% | |
| Holdings | 104 | 15 | |
| YTD Return | +27.67% | +0.93% | |
| 1Y Return | +29.56% | +2.28% | |
| 3Y Return (annualized) | +16.53% | - | |
| 5Y Return (annualized) | +9.95% | - | |
| Volatility (annualized) | 13.6% | 0.8% | |
| Max Drawdown | -33.4% | -0.2% | |
| Fund Family | Charles Schwab Asset Management | Roundhill Investments | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Mar 6, 2025 |
SCHD vs WEEK Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Roundhill Weekly T-Bill ETF (WEEK) is a ETF from Roundhill Investments. Over the past year SCHD returned +29.56% while WEEK returned +2.28%. Year to date, SCHD is up 27.67% versus a gain of 0.93% for WEEK.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 0.8% for WEEK. 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 -0.2% for WEEK. 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 -0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while WEEK charges 0.19%. On a $10,000 position that is $6 vs $19 annually, a gap of $13 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 3.63% for WEEK.
Holdings Overlap
SCHD and WEEK share 0 holdings out of 101 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 WEEK?
SCHD has an expense ratio of 0.06% while WEEK charges 0.19%. SCHD is the cheaper option. On a $10,000 investment, that is $13 per year of difference.
Which performed better, SCHD or WEEK?
Over the past year SCHD returned +29.56% vs +2.28% for WEEK, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.55% vs +3.72% for WEEK. Past performance does not guarantee future results.
Which is riskier, SCHD or WEEK?
SCHD has been the more volatile fund at 13.6% annualized versus 0.8% for WEEK. Worst drawdown: SCHD -33.4% vs WEEK -0.2%.
Should I hold both SCHD and WEEK?
SCHD and WEEK have a monthly-return correlation of -0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and WEEK?
SCHD and WEEK share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or WEEK?
SCHD yields 3.13% while WEEK yields 3.63%, so WEEK currently pays the higher dividend yield.
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