SCHD vs WTLS
Schwab US Dividend Equity ETF vs WisdomTree Efficient Long/Short US Equity Fund ETF
Which is better, SCHD or WTLS?
Large Cap Value against Long-Short Strategy.
SCHD has a lower expense ratio.
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 | WTLS |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.88% |
| AUM | $124.4B | $19M |
| Dividend Yield | 2.96% | 0.00% |
| Holdings | 102 | 564 |
| YTD Return | +33.46%Best | +20.19% |
| 1Y Return | +37.35% | - |
| 3Y Return (annualized) | +19.54% | - |
| 5Y Return (annualized) | +10.35% | - |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments |
| Category | Equity | Alternative |
| Style | Large Cap Value | Long-Short Strategy |
| Inception | Oct 20, 2011 | Jan 22, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SCHD vs WTLS 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs WTLS Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WisdomTree Efficient Long/Short US Equity Fund ETF (WTLS) is an ETF from WisdomTree Investments. Year to date, SCHD is up 33.46% versus a gain of 20.19% for WTLS.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while WTLS charges 0.88%. On a $10,000 position that is $6 vs $88 annually, a gap of $82 per year that compounds over a long holding period. On income, SCHD currently yields 2.96% against 0.00% for WTLS.
Holdings Overlap
At least 33.4% of SCHD's money is in holdings WTLS also owns.
Stated as a floor: for WTLS, our book for it covers 94.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
23 positions in common, counted across the 98 positions we hold weights for in SCHD and 533 in WTLS, against full books of 102 and 564.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in WTLS | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 4.16% | 0.32% | 3.84% |
| KOCoca Cola Co. | 4.22% | -0.29% | 4.51% |
| AMGNAmgen Inc. | 4.08% | -0.29% | 4.37% |
| UNHUnitedhealth Group Inc. | 3.89% | -0.40% | 4.29% |
| PEPPepsico Inc. | 3.88% | -0.45% | 4.33% |
| LMTLockheed Martin Corp | 3.07% | -0.32% | 3.39% |
| EOGEog Resources Inc | 1.95% | 0.34% | 1.61% |
| SLBSchlumberger Nv. | 1.83% | 0.34% | 1.49% |
| FASTFastenal Co. | 1.42% | 0.26% | 1.16% |
| ADMArcher-Daniels-Midland Co. | 0.86% | 0.36% | 0.50% |
33.4% of SCHD is already inside WTLS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or WTLS?
SCHD has an expense ratio of 0.06% while WTLS charges 0.88%. SCHD is the cheaper option, by $82 a year on a $10,000 investment.
What is the holdings overlap between SCHD and WTLS?
At least 33.4% of SCHD's money is in holdings WTLS also owns. Our book for WTLS is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 98 positions we hold weights for in SCHD and 533 in WTLS.
Which pays a higher dividend, SCHD or WTLS?
SCHD yields 2.96% while WTLS yields 0.00%, so SCHD currently pays the higher dividend yield.
Is WTLS better than SCHD?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.