SCHD vs WRND
Schwab US Dividend Equity ETF vs NYLIM Global Equity R&D Leaders ETF
Which is better, SCHD or WRND?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, WRND over 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 49.5%.
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 | WRND |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.18% |
| AUM | $112.1B | $11M |
| Dividend Yield | 3.00% | 0.90% |
| Holdings | 103 | 209 |
| YTD Return | +23.46%Best | +15.37% |
| 1Y Return | +27.20%Best | +19.54% |
| 3Y Return (annualized) | +15.41% | +21.53%Best |
| 5Y Return (annualized) | +10.16% | - |
| Volatility (annualized) | 15.0%Best | 17.1% |
| Max Drawdown | -16.1%Best | -27.2% |
| $10,000 over 4.6 years | $14,966 | $18,315Best |
| Top 10 Weight | 41.8%Best | 49.5% |
| Fund Family | Charles Schwab Asset Management | New York Life Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Feb 8, 2022 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 8, 2022 to Sep 18, 2026 (4.6 years).
SCHD vs WRND 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 4.6 years both funds cover.
SCHD vs WRND Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and NYLIM Global Equity R&D Leaders ETF (WRND) is an ETF from New York Life Investments. Over the past year SCHD returned +27.20% while WRND returned +19.54%. Year to date, SCHD is up 23.46% versus a gain of 15.37% for WRND.
Over three years, SCHD compounded at +15.41% per year against +21.53% for WRND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WRND has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.0% 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 -16.1% for SCHD and -27.2% for WRND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
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 3.00% against 0.90% for WRND.
Holdings Overlap
16.8% of SCHD's money is in holdings WRND also owns. 1.9% of WRND's money is in holdings SCHD also owns.
SCHD and WRND share little of their money.
5 positions in common, counted across the 100 positions we hold weights for in SCHD and 202 in WRND, against full books of 103 and 209.
What only one of them owns
Our book lists 82 positions for WRND that do not appear in our book for SCHD (56.9% of the fund), and 94 for SCHD that do not appear in WRND (83.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of SCHD and WRND 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 WRND?
SCHD has an expense ratio of 0.06% while WRND charges 0.18%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, SCHD or WRND?
Over the past year SCHD returned +27.20% vs +19.54% for WRND, 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 WRND?
WRND has been the more volatile fund at 17.1% annualized versus 15.0% for SCHD. Worst drawdown: SCHD -16.1% vs WRND -27.2%.
Should I hold both SCHD and WRND?
SCHD and WRND have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and WRND?
16.8% of SCHD's money is in holdings WRND also owns. 1.9% of WRND's is in holdings SCHD also owns. They hold 5 positions in common, counted across the 100 positions we hold weights for in SCHD and 202 in WRND.
Which pays a higher dividend, SCHD or WRND?
SCHD yields 3.00% while WRND yields 0.90%, so SCHD currently pays the higher dividend yield.
Is WRND better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, WRND over 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 49.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.