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 | $112.1B | $17M |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 566 |
| YTD Return | +25.84%Best | +20.29% |
| 1Y Return | +30.18% | - |
| 3Y Return (annualized) | +16.08% | - |
| 5Y Return (annualized) | +9.97% | - |
| 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 25.84% versus a gain of 20.29% 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 3.00% against 0.00% for WTLS.
You are not choosing between two funds in isolation.
Whichever of SCHD and WTLS 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 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.
Which pays a higher dividend, SCHD or WTLS?
SCHD yields 3.00% 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.