SCHD vs WRND
Schwab US Dividend Equity ETF vs NYLI Global Equity R&D Leaders ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. WRND offers more diversification with 216 holdings.
Side-by-Side Comparison
| Metric | SCHD | WRND | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.18% | |
| AUM | $108.7B | $11M | |
| Dividend Yield | 3.13% | 0.96% | |
| Holdings | 104 | 216 | |
| YTD Return | +27.93% | +16.44% | |
| 1Y Return | +30.06% | +26.04% | |
| 3Y Return (annualized) | +16.25% | +21.71% | |
| 5Y Return (annualized) | +10.03% | - | |
| Volatility (annualized) | 13.6% | 17.3% | |
| Max Drawdown | -33.4% | -27.2% | |
| Fund Family | Charles Schwab Asset Management | INDEXIQ ETF TRUST | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Feb 8, 2022 |
SCHD vs WRND Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and NYLI Global Equity R&D Leaders ETF (WRND) is a ETF from INDEXIQ ETF TRUST. Over the past year SCHD returned +30.06% while WRND returned +26.04%. Year to date, SCHD is up 27.93% versus a gain of 16.44% for WRND.
Over three years, SCHD compounded at +16.25% per year against +21.71% for WRND. Across the full 5-year window we track, WRND has the edge at +14.48% annualized vs +11.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WRND has been the more volatile fund, with annualized monthly volatility of 17.3% 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 -27.2% for WRND. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while WRND charges 0.18%. On a $10,000 position that is $6 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 0.96% for WRND.
Holdings Overlap
SCHD and WRND share 5 holdings out of 300 unique holdings combined, representing a 2.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or WRND?
SCHD has an expense ratio of 0.06% while WRND charges 0.18%. SCHD is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, SCHD or WRND?
Over the past year SCHD returned +30.06% vs +26.04% for WRND, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.56% vs +14.48% for WRND. Past performance does not guarantee future results.
Which is riskier, SCHD or WRND?
WRND has been the more volatile fund at 17.3% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs WRND -27.2%.
Should I hold both SCHD and WRND?
SCHD and WRND have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and WRND?
SCHD and WRND share 5 common holdings with a 2.2% weight overlap. Combined, they hold 300 unique securities.
Which pays a higher dividend, SCHD or WRND?
SCHD yields 3.13% while WRND yields 0.96%, so SCHD currently pays the higher dividend yield.
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