SCHD vs WTPI
Schwab US Dividend Equity ETF vs WisdomTree Equity Premium Income Fund
Which is better, SCHD or WTPI?
Large Cap Value against Leverage Strategy.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | WTPI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.44% |
| AUM | $112.1B | $525M |
| Dividend Yield | 3.00% | 12.18% |
| Holdings | 103 | 6 |
| YTD Return | +24.23%Best | +6.41% |
| 1Y Return | +27.90%Best | +12.07% |
| 3Y Return (annualized) | +15.55%Best | +13.39% |
| 5Y Return (annualized) | +9.97%Best | +9.23% |
| Volatility (annualized) | 15.0% | 10.6%Best |
| Max Drawdown | -33.4% | -32.3%Best |
| $10,000 over 5 years | $16,083Best | $15,549 |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments |
| Category | Equity | Alternative |
| Style | Large Cap Value | Leverage Strategy |
| Inception | Oct 20, 2011 | Feb 24, 2016 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 24, 2016 to Sep 17, 2026 (10.6 years).
SCHD vs WTPI 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 10.6 years both funds cover.
SCHD vs WTPI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WisdomTree Equity Premium Income Fund (WTPI) is an ETF from WisdomTree Investments. Over the past year SCHD returned +27.90% while WTPI returned +12.07%. Year to date, SCHD is up 24.23% versus a gain of 6.41% for WTPI.
Over three years, SCHD compounded at +15.55% per year against +13.39% for WTPI; over five years the annualized figures are +9.97% and +9.23% respectively. Across the full 11-year window we track, SCHD has the edge at +11.76% annualized vs +6.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 10.6% for WTPI. 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 -32.3% for WTPI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while WTPI charges 0.44%. On a $10,000 position that is $6 vs $44 annually, a gap of $38 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 12.18% for WTPI.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 1 in WTPI, totalling 100.0% and 4.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 1 in WTPI, against full books of 103 and 6.
You are not choosing between two funds in isolation.
Whichever of SCHD and WTPI 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 WTPI?
SCHD has an expense ratio of 0.06% while WTPI charges 0.44%. SCHD is the cheaper option, by $38 a year on a $10,000 investment.
Which performed better, SCHD or WTPI?
Over the past year SCHD returned +27.90% vs +12.07% for WTPI, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), SCHD annualized +11.76% vs +6.96% for WTPI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WTPI?
SCHD has been the more volatile fund at 15.0% annualized versus 10.6% for WTPI. Worst drawdown: SCHD -33.4% vs WTPI -32.3%.
Should I hold both SCHD and WTPI?
SCHD and WTPI have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or WTPI?
SCHD yields 3.00% while WTPI yields 12.18%, so WTPI currently pays the higher dividend yield.
Is WTPI better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.