DWSH vs SCHD
DWSH vs SCHD
AdvisorShares Dorsey Wright Short 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 | DWSH | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 6.22% | 0.06% | |
| AUM | $6M | $103.7B | |
| Dividend Yield | 6.47% | 3.31% | |
| Holdings | 101 | 104 | |
| YTD Return | -9.98% | +22.69% | |
| 1Y Return | -13.63% | +30.94% | |
| 3Y Return (annualized) | -3.09% | +14.20% | |
| 5Y Return (annualized) | -3.69% | +9.59% | |
| Volatility (annualized) | 30.7% | 13.7% | |
| Max Drawdown | -83.8% | -33.4% | |
| Fund Family | Advisor Shares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jul 10, 2018 | Oct 20, 2011 |
DWSH vs SCHD Performance
AdvisorShares Dorsey Wright Short ETF (DWSH) is a ETF from Advisor Shares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DWSH returned -13.63% while SCHD returned +30.94%. Year to date, DWSH is down 9.98% versus a gain of 22.69% for SCHD.
Over three years, DWSH compounded at -3.09% per year against +14.20% for SCHD; over five years the annualized figures are -3.69% and +9.59% respectively. Across the full 8-year window we track, SCHD has the edge at +11.31% annualized vs -14.28%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DWSH has been the more volatile fund, with annualized monthly volatility of 30.7% 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 -83.8% for DWSH 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 -0.84. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DWSH charges 6.22% per year while SCHD charges 0.06%. On a $10,000 position that is $622 vs $6 annually, a gap of $616 per year that compounds over a long holding period. On income, DWSH currently yields 6.47% against 3.31% for SCHD.
Holdings Overlap
DWSH and SCHD share 9 holdings out of 190 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DWSH | Weight in SCHD | Difference |
|---|---|---|---|
| ABT | -1.15% | 4.49% | 5.64% |
| 2345:TW | -1.11% | 2.24% | 3.35% |
| PAYX | -0.98% | 0.93% | 1.91% |
| BR | Pro | Pro | Pro |
| GIS | Pro | Pro | Pro |
| WEN | Pro | Pro | Pro |
| FLO | Pro | Pro | Pro |
| ERIE | Pro | Pro | Pro |
| BAH | Pro | Pro | Pro |
See all 9 holdings DWSH shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, DWSH or SCHD?
DWSH has an expense ratio of 6.22% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $616 per year of difference.
Which performed better, DWSH or SCHD?
Over the past year DWSH returned -13.63% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), DWSH annualized -14.28% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, DWSH or SCHD?
DWSH has been the more volatile fund at 30.7% annualized versus 13.7% for SCHD. Worst drawdown: DWSH -83.8% vs SCHD -33.4%.
Should I hold both DWSH and SCHD?
DWSH and SCHD have a monthly-return correlation of -0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DWSH and SCHD?
DWSH and SCHD share 9 common holdings with a 0.0% weight overlap. Combined, they hold 190 unique securities.
Which pays a higher dividend, DWSH or SCHD?
DWSH yields 6.47% while SCHD yields 3.31%, so DWSH currently pays the higher dividend yield.
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