DCRE vs SCHD
DCRE vs SCHD
DoubleLine Commercial Real Estate Debt ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | DCRE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.06% | |
| AUM | $458M | $103.7B | |
| Dividend Yield | 4.74% | 3.31% | |
| Holdings | 259 | 104 | |
| YTD Return | +1.56% | +24.26% | |
| 1Y Return | +3.68% | +31.38% | |
| 3Y Return (annualized) | +5.84% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 1.4% | 13.6% | |
| Max Drawdown | -0.8% | -33.4% | |
| Fund Family | DoubleLine Funds | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 31, 2023 | Oct 20, 2011 |
DCRE vs SCHD Performance
DoubleLine Commercial Real Estate Debt ETF (DCRE) is a ETF from DoubleLine Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DCRE returned +3.68% while SCHD returned +31.38%. Year to date, DCRE is up 1.56% versus a gain of 24.26% for SCHD.
Over three years, DCRE compounded at +5.84% per year against +15.08% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.39% annualized vs +5.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.4% for DCRE. 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 -0.8% for DCRE and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DCRE charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, DCRE currently yields 4.74% against 3.31% for SCHD.
Holdings Overlap
DCRE and SCHD share 0 holdings out of 181 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DCRE or SCHD?
DCRE has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, DCRE or SCHD?
Over the past year DCRE returned +3.68% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), DCRE annualized +5.87% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DCRE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 1.4% for DCRE. Worst drawdown: DCRE -0.8% vs SCHD -33.4%.
Should I hold both DCRE and SCHD?
DCRE and SCHD have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DCRE and SCHD?
DCRE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 181 unique securities.
Which pays a higher dividend, DCRE or SCHD?
DCRE yields 4.74% while SCHD yields 3.31%, so DCRE currently pays the higher dividend yield.
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