SCHD vs WTAI
Schwab US Dividend Equity ETF vs WisdomTree Artificial Intelligence and Innovation Fund ETF
Which is better, SCHD or WTAI?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, WTAI over 3Y. WTAI is less concentrated, with 38.3% of the fund in its ten largest positions against 41.6%.
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 | WTAI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.45% |
| AUM | $111.6B | $672M |
| Dividend Yield | 3.24% | 1.20% |
| Holdings | 206 | 61 |
| YTD Return | +26.51% | +30.27%Best |
| 1Y Return | +31.31%Best | +27.30% |
| 3Y Return (annualized) | +18.27% | +32.45%Best |
| 5Y Return (annualized) | +9.66% | - |
| Volatility (annualized) | 15.1%Best | 33.4% |
| Max Drawdown | -16.9%Best | -45.9% |
| $10,000 over 4.9 years | $15,783Best | $15,684 |
| Top 10 Weight | 41.6% | 38.3%Best |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Dec 9, 2021 |
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Dec 9, 2021 to Oct 19, 2026 (4.9 years).
SCHD vs WTAI 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 4.9 years both funds cover.
SCHD vs WTAI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WisdomTree Artificial Intelligence and Innovation Fund ETF (WTAI) is an ETF from WisdomTree Investments. Over the past year SCHD returned +31.31% while WTAI returned +27.30%. Year to date, SCHD is up 26.51% versus a gain of 30.27% for WTAI.
Over three years, SCHD compounded at +18.27% per year against +32.45% for WTAI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WTAI has been the more volatile fund, with annualized monthly volatility of 33.4% compared with 15.1% 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 -16.9% for SCHD and -45.9% for WTAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.29. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while WTAI charges 0.45%. On a $10,000 position that is $6 vs $45 annually, a gap of $39 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 1.20% for WTAI.
Holdings Overlap
4.9% of SCHD's money is in holdings WTAI also owns. 0.9% of WTAI's money is in holdings SCHD also owns.
SCHD and WTAI share little of their money.
1 positions in common, counted across the 98 positions we hold weights for in SCHD and 51 in WTAI, against full books of 206 and 61.
What only one of them owns
Our book lists 33 positions for WTAI that do not appear in our book for SCHD (67.7% of the fund), and 96 for SCHD that do not appear in WTAI (94.9%).
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.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in WTAI | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 4.89% | 0.92% | 3.97% |
You are not choosing between two funds in isolation.
Whichever of SCHD and WTAI 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 WTAI?
SCHD has an expense ratio of 0.06% while WTAI charges 0.45%. SCHD is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, SCHD or WTAI?
Over the past year SCHD returned +31.31% vs +27.30% for WTAI, 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 WTAI?
WTAI has been the more volatile fund at 33.4% annualized versus 15.1% for SCHD. Worst drawdown: SCHD -16.9% vs WTAI -45.9%.
Should I hold both SCHD and WTAI?
SCHD and WTAI have a monthly-return correlation of 0.29, 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 WTAI?
4.9% of SCHD's money is in holdings WTAI also owns. 0.9% of WTAI's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 98 positions we hold weights for in SCHD and 51 in WTAI.
Which pays a higher dividend, SCHD or WTAI?
SCHD yields 3.24% while WTAI yields 1.20%, so SCHD currently pays the higher dividend yield.
Is WTAI better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, WTAI over 3Y. WTAI is less concentrated, with 38.3% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.