SCHD vs SCHE
SCHD vs SCHE
Schwab US Dividend Equity ETF vs Schwab Emerging Markets Equity ETF
Quick Verdict
SCHD delivered stronger 1-year returns. SCHE offers more diversification with 1409 holdings.
Side-by-Side Comparison
| Metric | SCHD | SCHE | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.06% | |
| AUM | $103.7B | $12.5B | |
| Dividend Yield | 3.31% | 2.66% | |
| Holdings | 104 | 2,210 | |
| YTD Return | +23.53% | +9.39% | |
| 1Y Return | +30.95% | +22.23% | |
| 3Y Return (annualized) | +14.72% | +16.70% | |
| 5Y Return (annualized) | +9.56% | +6.50% | |
| Volatility (annualized) | 13.6% | 17.2% | |
| Max Drawdown | -33.4% | -43.1% | |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jan 14, 2010 |
SCHD vs SCHE Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Schwab Emerging Markets Equity ETF (SCHE) is a ETF from Charles Schwab Asset Management. Over the past year SCHD returned +30.95% while SCHE returned +22.23%. Year to date, SCHD is up 23.53% versus a gain of 9.39% for SCHE.
Over three years, SCHD compounded at +14.72% per year against +16.70% for SCHE; over five years the annualized figures are +9.56% and +6.50% respectively. Across the full 15-year window we track, SCHD has the edge at +11.35% annualized vs +3.20%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHE has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 13.6% 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 -33.4% for SCHD and -43.1% for SCHE. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SCHE charges 0.06%. On a $10,000 position that is $6 vs $6 annually. On income, SCHD currently yields 3.31% against 2.66% for SCHE.
Holdings Overlap
SCHD and SCHE share 1 holdings out of 1508 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 SCHD | Weight in SCHE | Difference |
|---|---|---|---|
| GVMXX | 0.04% | 0.96% | 0.92% |
Frequently Asked Questions
Which is cheaper, SCHD or SCHE?
SCHD has an expense ratio of 0.06% while SCHE charges 0.06%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SCHD or SCHE?
Over the past year SCHD returned +30.95% vs +22.23% for SCHE, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.35% vs +3.20% for SCHE. Past performance does not guarantee future results.
Which is riskier, SCHD or SCHE?
SCHE has been the more volatile fund at 17.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SCHE -43.1%.
Should I hold both SCHD and SCHE?
SCHD and SCHE have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SCHE?
SCHD and SCHE share 1 common holdings with a 0.0% weight overlap. Combined, they hold 1508 unique securities.
Which pays a higher dividend, SCHD or SCHE?
SCHD yields 3.31% while SCHE yields 2.66%, so SCHD currently pays the higher dividend yield.
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