SCHD vs WISE
SCHD vs WISE
Schwab US Dividend Equity ETF vs Themes Generative Artificial Intelligence ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | WISE | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.35% | |
| AUM | $103.7B | $26M | |
| Dividend Yield | 3.31% | 4.16% | |
| Holdings | 104 | 48 | |
| YTD Return | +24.26% | -4.52% | |
| 1Y Return | +31.38% | +4.34% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 31.7% | |
| Max Drawdown | -33.4% | -39.1% | |
| Fund Family | Charles Schwab Asset Management | Themes ETFs | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Dec 8, 2023 |
SCHD vs WISE Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Themes Generative Artificial Intelligence ETF (WISE) is a ETF from Themes ETFs. Over the past year SCHD returned +31.38% while WISE returned +4.34%. Year to date, SCHD is up 24.26% versus a loss of 4.52% for WISE.
Risk: Volatility and Drawdowns
WISE has been the more volatile fund, with annualized monthly volatility of 31.7% 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 -39.1% for WISE. 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 0.00. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while WISE charges 0.35%. On a $10,000 position that is $6 vs $35 annually, a gap of $29 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 4.16% for WISE.
Holdings Overlap
SCHD and WISE share 0 holdings out of 141 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 WISE?
SCHD has an expense ratio of 0.06% while WISE charges 0.35%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, SCHD or WISE?
Over the past year SCHD returned +31.38% vs +4.34% for WISE, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.39% vs +18.29% for WISE. Past performance does not guarantee future results.
Which is riskier, SCHD or WISE?
WISE has been the more volatile fund at 31.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs WISE -39.1%.
Should I hold both SCHD and WISE?
SCHD and WISE have a monthly-return correlation of 0.00, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and WISE?
SCHD and WISE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 141 unique securities.
Which pays a higher dividend, SCHD or WISE?
SCHD yields 3.31% while WISE yields 4.16%, so WISE currently pays the higher dividend yield.
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