SCHD vs USEW
SCHD vs USEW
Schwab US Dividend Equity ETF vs Cambria US EW ETF
Quick Verdict
SCHD has a lower expense ratio. USEW offers more diversification with 428 holdings.
Side-by-Side Comparison
| Metric | SCHD | USEW | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.30% | |
| AUM | $103.7B | $189M | |
| Dividend Yield | 3.31% | 0.55% | |
| Holdings | 104 | 426 | |
| YTD Return | +23.53% | +11.41% | |
| 1Y Return | +30.95% | - | |
| 3Y Return (annualized) | +14.72% | - | |
| 5Y Return (annualized) | +9.56% | - | |
| Volatility (annualized) | 13.6% | - | |
| Max Drawdown | -33.4% | -8.3% | |
| Fund Family | Charles Schwab Asset Management | Cambria Investment Management | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Dec 18, 2025 |
SCHD vs USEW Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Cambria US EW ETF (USEW) is a ETF from Cambria Investment Management. Year to date, SCHD is up 23.53% versus a gain of 11.41% for USEW.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -8.3% for USEW. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
SCHD charges 0.06% per year while USEW charges 0.30%. On a $10,000 position that is $6 vs $30 annually, a gap of $24 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.55% for USEW.
Holdings Overlap
SCHD and USEW share 39 holdings out of 489 unique holdings combined, representing a 6.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in USEW | Difference |
|---|---|---|---|
| UNH | 4.54% | 0.26% | 4.28% |
| ABT | 4.49% | 0.18% | 4.31% |
| MRK | 4.32% | 0.32% | 4.00% |
| AMGN | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
See all 10 holdings SCHD shares with USEW 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, SCHD or USEW?
SCHD has an expense ratio of 0.06% while USEW charges 0.30%. SCHD is the cheaper option. On a $10,000 investment, that is $24 per year of difference.
What is the holdings overlap between SCHD and USEW?
SCHD and USEW share 39 common holdings with a 6.2% weight overlap. Combined, they hold 489 unique securities.
Which pays a higher dividend, SCHD or USEW?
SCHD yields 3.31% while USEW yields 0.55%, so SCHD currently pays the higher dividend yield.
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