DSMC vs SCHD
Distillate Small/Mid Cash Flow ETF vs Schwab US Dividend Equity ETF
Which is better, DSMC or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. DSMC is less concentrated, with 11.3% 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 | DSMC | SCHD |
|---|---|---|
| Expense Ratio | 0.55% | 0.06%Best |
| AUM | $143M | $111.6B |
| Dividend Yield | 1.20% | 3.24% |
| Holdings | 304 | 206 |
| YTD Return | +21.09% | +24.55%Best |
| 1Y Return | +23.78% | +29.85%Best |
| 3Y Return (annualized) | +13.80% | +16.64%Best |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 17.0% | 13.8%Best |
| Max Drawdown | -28.6% | -16.1%Best |
| $10,000 over 3.2 years | $14,062 | $15,350Best |
| Top 10 Weight | 11.3%Best | 41.6% |
| Fund Family | Distillate Capital Etfs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Oct 5, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 9, 2023 to Oct 14, 2026 (3.2 years).
DSMC 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 3.2 years both funds cover.
DSMC vs SCHD Performance
Distillate Small/Mid Cash Flow ETF (DSMC) is an ETF from Distillate Capital Etfs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DSMC returned +23.78% while SCHD returned +29.85%. Year to date, DSMC is up 21.09% versus a gain of 24.55% for SCHD.
Over three years, DSMC compounded at +13.80% per year against +16.64% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DSMC has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 13.8% 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 -28.6% for DSMC and -16.1% 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DSMC charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, DSMC currently yields 1.20% against 3.24% for SCHD.
Holdings Overlap
4.1% of DSMC's money is in holdings SCHD also owns. 0.7% of SCHD's money is in holdings DSMC also owns.
DSMC and SCHD share little of their money.
6 positions in common, counted across the 151 positions we hold weights for in DSMC and 98 in SCHD, against full books of 304 and 206.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for DSMC (99.0% of the fund), and 140 for DSMC that do not appear in SCHD (92.8%).
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.
You are not choosing between two funds in isolation.
Whichever of DSMC and SCHD 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, DSMC or SCHD?
DSMC has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, DSMC or SCHD?
Over the past year DSMC returned +23.78% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DSMC or SCHD?
DSMC has been the more volatile fund at 17.0% annualized versus 13.8% for SCHD. Worst drawdown: DSMC -28.6% vs SCHD -16.1%.
Should I hold both DSMC and SCHD?
DSMC and SCHD have a monthly-return correlation of 0.78, 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 DSMC and SCHD?
4.1% of DSMC's money is in holdings SCHD also owns. 0.7% of SCHD's is in holdings DSMC also owns. They hold 6 positions in common, counted across the 151 positions we hold weights for in DSMC and 98 in SCHD.
Which pays a higher dividend, DSMC or SCHD?
DSMC yields 1.20% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DSMC?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. DSMC is less concentrated, with 11.3% 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.