SCHD vs WTV
Schwab US Dividend Equity ETF vs WisdomTree US Value Fund
Which is better, SCHD or WTV?
Each has led over a different period.
SCHD has a lower expense ratio. SCHD led over 1Y, WTV over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. WTV is less concentrated, with 20.0% of the fund in its ten largest positions against 41.8%.
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 | WTV |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.12% |
| AUM | $112.1B | $3.3B |
| Dividend Yield | 3.00% | 1.86% |
| Holdings | 103 | 124 |
| YTD Return | +24.59%Best | +14.74% |
| 1Y Return | +28.14%Best | +20.00% |
| 3Y Return (annualized) | +15.58% | +20.86%Best |
| 5Y Return (annualized) | +9.90% | +13.91%Best |
| Volatility (annualized) | 16.2%Best | 19.2% |
| Max Drawdown | -33.4%Best | -42.2% |
| $10,000 over 5 years | $16,032 | $19,178Best |
| Top 10 Weight | 41.8% | 20.0%Best |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Feb 23, 2007 |
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2017 to Sep 10, 2026 (8.7 years).
SCHD vs WTV 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 8.7 years both funds cover.
SCHD vs WTV Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WisdomTree US Value Fund (WTV) is an ETF from WisdomTree Investments. Over the past year SCHD returned +28.14% while WTV returned +20.00%. Year to date, SCHD is up 24.59% versus a gain of 14.74% for WTV.
Over three years, SCHD compounded at +15.58% per year against +20.86% for WTV; over five years the annualized figures are +9.90% and +13.91% respectively. Across the full 9-year window we track, WTV has the edge at +12.83% annualized vs +10.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WTV has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 16.2% 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 -33.4% for SCHD and -42.2% for WTV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHD charges 0.06% per year while WTV charges 0.12%. On a $10,000 position that is $6 vs $12 annually, a gap of $6 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.86% for WTV.
Holdings Overlap
38.6% of SCHD's money is in holdings WTV also owns. 20.0% of WTV's money is in holdings SCHD also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 100 positions we hold weights for in SCHD and 125 in WTV, against full books of 103 and 124.
What only one of them owns
Our book lists 99 positions for WTV that do not appear in our book for SCHD (78.8% of the fund), and 76 for SCHD that do not appear in WTV (61.4%).
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 WTV | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 4.77% | 1.35% | 3.42% |
| VZVerizon Communications, Inc. | 3.97% | 1.17% | 2.80% |
| CVXChevron Corp. | 4.02% | 0.90% | 3.12% |
| UNHUnitedhealth Group Inc. | 3.82% | 1.03% | 2.79% |
| PGProcter & Gamble Company | 3.83% | 0.62% | 3.21% |
| MOAltria Group Inc. | 2.79% | 1.16% | 1.63% |
| TGTTarget Corp. | 1.78% | 1.84% | 0.06% |
| QCOMQualcomm Inc. | 2.52% | 0.92% | 1.60% |
| SLBSchlumberger Nv. | 2.19% | 1.11% | 1.08% |
| BXBlackstone Group Inc/the Common Stock | 2.59% | 0.60% | 1.99% |
38.6% of SCHD is already inside WTV.
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 WTV?
SCHD has an expense ratio of 0.06% while WTV charges 0.12%. SCHD is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, SCHD or WTV?
Over the past year SCHD returned +28.14% vs +20.00% for WTV, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +10.63% vs +12.83% for WTV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WTV?
WTV has been the more volatile fund at 19.2% annualized versus 16.2% for SCHD. Worst drawdown: SCHD -33.4% vs WTV -42.2%.
Should I hold both SCHD and WTV?
SCHD and WTV have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHD and WTV?
38.6% of SCHD's money is in holdings WTV also owns. 20.0% of WTV's is in holdings SCHD also owns. They hold 23 positions in common, counted across the 100 positions we hold weights for in SCHD and 125 in WTV.
Which pays a higher dividend, SCHD or WTV?
SCHD yields 3.00% while WTV yields 1.86%, so SCHD currently pays the higher dividend yield.
Is WTV better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, WTV over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. WTV is less concentrated, with 20.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.