SCHD vs WBIG
Schwab US Dividend Equity ETF vs WBI BullBear Yield 3000 ETF
Which is better, SCHD or WBIG?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. WBIG is less concentrated, with 23.9% 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 | SCHD | WBIG |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.59% |
| AUM | $111.6B | $31M |
| Dividend Yield | 3.24% | 1.17% |
| Holdings | 206 | 159 |
| YTD Return | +24.55%Best | +12.49% |
| 1Y Return | +29.85%Best | +11.17% |
| 3Y Return (annualized) | +16.64%Best | +7.85% |
| 5Y Return (annualized) | +9.54%Best | +1.53% |
| Volatility (annualized) | 14.7% | 11.3%Best |
| Max Drawdown | -33.4% | -25.3%Best |
| $10,000 over 5 years | $15,771Best | $10,789 |
| Top 10 Weight | 41.6% | 23.9%Best |
| Fund Family | Charles Schwab Asset Management | WBI Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Aug 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Aug 27, 2014 to Oct 14, 2026 (12.1 years).
SCHD vs WBIG 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 12.1 years both funds cover.
SCHD vs WBIG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and WBI BullBear Yield 3000 ETF (WBIG) is an ETF from WBI Investments. Over the past year SCHD returned +29.85% while WBIG returned +11.17%. Year to date, SCHD is up 24.55% versus a gain of 12.49% for WBIG.
Over three years, SCHD compounded at +16.64% per year against +7.85% for WBIG; over five years the annualized figures are +9.54% and +1.53% respectively. Across the full 12-year window we track, SCHD has the edge at +10.02% annualized vs +1.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 11.3% for WBIG. 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 -25.3% for WBIG. 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 WBIG charges 1.59%. On a $10,000 position that is $6 vs $159 annually, a gap of $153 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 1.17% for WBIG.
Holdings Overlap
23.4% of SCHD's money is in holdings WBIG also owns. 17.0% of WBIG's money is in holdings SCHD also owns.
SCHD and WBIG share little of their money.
13 positions in common, counted across the 98 positions we hold weights for in SCHD and 71 in WBIG, against full books of 206 and 159.
What only one of them owns
Our book lists 54 positions for WBIG that do not appear in our book for SCHD (75.7% of the fund), and 84 for SCHD that do not appear in WBIG (76.3%).
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 WBIG | Difference |
|---|---|---|---|
| CVXChevron Corp | 4.14% | 1.04% | 3.10% |
| COPConocophillips Common Stock USD 0.01 | 3.91% | 1.23% | 2.68% |
| AMGNAmgen Inc. | 3.86% | 1.17% | 2.69% |
| ACNAccenture Plc | 3.13% | 1.17% | 1.96% |
| ADPAutomatic Data Processing, Inc. | 2.63% | 1.22% | 1.41% |
| KMBKimberly-Clark Corp. | 0.81% | 1.99% | 1.18% |
| TGTTARGET CORP | 1.82% | 0.94% | 0.88% |
| BBYBest Buy Co Inc | 0.45% | 2.22% | 1.77% |
| TROWT Rowe Price Grp | 0.57% | 2.09% | 1.52% |
| PFGPrincipalfinancialgroupinc. | 0.56% | 1.07% | 0.51% |
23.4% of SCHD is already inside WBIG.
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 WBIG?
SCHD has an expense ratio of 0.06% while WBIG charges 1.59%. SCHD is the cheaper option, by $153 a year on a $10,000 investment.
Which performed better, SCHD or WBIG?
Over the past year SCHD returned +29.85% vs +11.17% for WBIG, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), SCHD annualized +10.02% vs +1.26% for WBIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WBIG?
SCHD has been the more volatile fund at 14.7% annualized versus 11.3% for WBIG. Worst drawdown: SCHD -33.4% vs WBIG -25.3%.
Should I hold both SCHD and WBIG?
SCHD and WBIG 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.
What is the holdings overlap between SCHD and WBIG?
23.4% of SCHD's money is in holdings WBIG also owns. 17.0% of WBIG's is in holdings SCHD also owns. They hold 13 positions in common, counted across the 98 positions we hold weights for in SCHD and 71 in WBIG.
Which pays a higher dividend, SCHD or WBIG?
SCHD yields 3.24% while WBIG yields 1.17%, so SCHD currently pays the higher dividend yield.
Is WBIG better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. WBIG is less concentrated, with 23.9% 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.