DEW vs SCHD
WisdomTree Global High Dividend Fund vs Schwab US Dividend Equity ETF
Which is better, DEW or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. DEW led over 3Y and 5Y, SCHD over 1Y and the full window. DEW is less concentrated, with 16.4% of the fund in its ten largest positions against 41.6%.
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 | DEW | SCHD |
|---|---|---|
| Expense Ratio | 0.58% | 0.06%Best |
| AUM | $161M | $111.6B |
| Dividend Yield | 3.17% | 3.24% |
| Holdings | 1,436 | 206 |
| YTD Return | +16.06% | +24.55%Best |
| 1Y Return | +21.88% | +29.85%Best |
| 3Y Return (annualized) | +20.05%Best | +16.64% |
| 5Y Return (annualized) | +11.90%Best | +9.54% |
| Volatility (annualized) | 13.9% | 13.7%Best |
| Max Drawdown | -41.4% | -33.4%Best |
| $10,000 over 5 years | $17,545Best | $15,771 |
| Top 10 Weight | 16.4%Best | 41.6% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 16, 2006 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Oct 14, 2026 (15 years).
DEW vs SCHD 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 15 years both funds cover.
DEW vs SCHD Performance
WisdomTree Global High Dividend Fund (DEW) is an ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DEW returned +21.88% while SCHD returned +29.85%. Year to date, DEW is up 16.06% versus a gain of 24.55% for SCHD.
Over three years, DEW compounded at +20.05% per year against +16.64% for SCHD; over five years the annualized figures are +11.90% and +9.54% respectively. Across the full 15-year window we track, SCHD has the edge at +11.26% annualized vs +5.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DEW has been the more volatile fund, with annualized monthly volatility of 13.9% compared with 13.7% 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 -41.4% for DEW and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DEW charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, DEW currently yields 3.17% against 3.24% for SCHD.
Holdings Overlap
15.3% of DEW's money is in holdings SCHD also owns. 46.3% of SCHD's money is in holdings DEW also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 698 positions we hold weights for in DEW and 98 in SCHD, against full books of 1,436 and 206.
What only one of them owns
Our book lists 59 positions for SCHD that do not appear in our book for DEW (53.4% of the fund), and 202 for DEW that do not appear in SCHD (42.6%).
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 DEW | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 2.19% | 4.14% | 1.95% |
| TXNTexas Instrument Inc | 1.12% | 4.89% | 3.77% |
| MRKMerck & Company Inc | 1.53% | 4.04% | 2.51% |
| AMGNAmgen Inc. | 0.91% | 3.86% | 2.95% |
| PEPPepsico Inc. | 0.87% | 3.80% | 2.93% |
| COPConocophillips Common Stock USD 0.01 | 0.75% | 3.91% | 3.16% |
| MOAltria Group Inc | 1.31% | 2.89% | 1.58% |
| BMYBristol-Myers Squibb Co. | 0.91% | 3.21% | 2.30% |
| CMCSAComcast Corp. Class A | 0.46% | 1.96% | 1.50% |
| EOGEog Resources Inc | 0.48% | 1.91% | 1.43% |
46.3% of SCHD is already inside DEW.
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, DEW or SCHD?
DEW has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, DEW or SCHD?
Over the past year DEW returned +21.88% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DEW annualized +5.52% vs +11.26% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DEW or SCHD?
DEW has been the more volatile fund at 13.9% annualized versus 13.7% for SCHD. Worst drawdown: DEW -41.4% vs SCHD -33.4%.
Should I hold both DEW and SCHD?
DEW and SCHD have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DEW and SCHD?
46.3% of SCHD's money is in holdings DEW also owns. 46.3% of SCHD's is in holdings DEW also owns. They hold 38 positions in common, counted across the 698 positions we hold weights for in DEW and 98 in SCHD.
Which pays a higher dividend, DEW or SCHD?
DEW yields 3.17% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DEW?
SCHD has a lower expense ratio. DEW led over 3Y and 5Y, SCHD over 1Y and the full window. DEW is less concentrated, with 16.4% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.