SCHD vs WTIP

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDWTIPWinner
Expense Ratio0.06%0.65%
AUM$103.7B$21M
Dividend Yield3.31%3.85%
Holdings10435
YTD Return+24.26%+8.09%
1Y Return+31.38%+23.47%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%12.8%
Max Drawdown-33.4%-16.5%
Fund FamilyCharles Schwab Asset ManagementWisdomTree Investments
CategoryEquityFixed Income
InceptionOct 20, 2011Jun 18, 2025

SCHD vs WTIP Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WisdomTree Inflation Plus Fund ETF (WTIP) is a ETF from WisdomTree Investments. Over the past year SCHD returned +31.38% while WTIP returned +23.47%. Year to date, SCHD is up 24.26% versus a gain of 8.09% for WTIP.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.8% for WTIP. 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 -16.5% for WTIP. 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while WTIP charges 0.65%. On a $10,000 position that is $6 vs $65 annually, a gap of $59 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.85% for WTIP.

Holdings Overlap

0.0%overlap

SCHD and WTIP share 0 holdings out of 121 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 WTIP?

SCHD has an expense ratio of 0.06% while WTIP charges 0.65%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.

Which performed better, SCHD or WTIP?

Over the past year SCHD returned +31.38% vs +23.47% for WTIP, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.39% vs +20.91% for WTIP. Past performance does not guarantee future results.

Which is riskier, SCHD or WTIP?

SCHD has been the more volatile fund at 13.6% annualized versus 12.8% for WTIP. Worst drawdown: SCHD -33.4% vs WTIP -16.5%.

Should I hold both SCHD and WTIP?

SCHD and WTIP have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and WTIP?

SCHD and WTIP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 121 unique securities.

Which pays a higher dividend, SCHD or WTIP?

SCHD yields 3.31% while WTIP yields 3.85%, so WTIP currently pays the higher dividend yield.

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