SCHD vs VOTE
SCHD vs VOTE
Schwab US Dividend Equity ETF vs TCW Transform 500 ETF
Quick Verdict
VOTE has a lower expense ratio. SCHD delivered stronger 1-year returns. VOTE offers more diversification with 496 holdings.
Side-by-Side Comparison
| Metric | SCHD | VOTE | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.05% | |
| AUM | $103.7B | $1.1B | |
| Dividend Yield | 3.31% | 0.95% | |
| Holdings | 104 | 507 | |
| YTD Return | +23.53% | +13.35% | |
| 1Y Return | +30.95% | +22.89% | |
| 3Y Return (annualized) | +14.72% | +21.31% | |
| 5Y Return (annualized) | +9.56% | +12.84% | |
| Volatility (annualized) | 13.6% | 15.8% | |
| Max Drawdown | -33.4% | -25.7% | |
| Fund Family | Charles Schwab Asset Management | TCW ETFs | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jun 22, 2021 |
SCHD vs VOTE Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and TCW Transform 500 ETF (VOTE) is a ETF from TCW ETFs. Over the past year SCHD returned +30.95% while VOTE returned +22.89%. Year to date, SCHD is up 23.53% versus a gain of 13.35% for VOTE.
Over three years, SCHD compounded at +14.72% per year against +21.31% for VOTE; over five years the annualized figures are +9.56% and +12.84% respectively. Across the full 5-year window we track, VOTE has the edge at +13.57% annualized vs +11.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOTE has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -25.7% for VOTE. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VOTE charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.95% for VOTE.
Holdings Overlap
SCHD and VOTE share 43 holdings out of 553 unique holdings combined, representing a 7.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in VOTE | Difference |
|---|---|---|---|
| UNH | 4.54% | 0.56% | 3.98% |
| MRK | 4.32% | 0.47% | 3.85% |
| ABT | 4.49% | 0.25% | 4.24% |
| PG | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
See all 10 holdings SCHD shares with VOTE 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 VOTE?
SCHD has an expense ratio of 0.06% while VOTE charges 0.05%. VOTE is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SCHD or VOTE?
Over the past year SCHD returned +30.95% vs +22.89% for VOTE, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.35% vs +13.57% for VOTE. Past performance does not guarantee future results.
Which is riskier, SCHD or VOTE?
VOTE has been the more volatile fund at 15.8% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs VOTE -25.7%.
Should I hold both SCHD and VOTE?
SCHD and VOTE have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and VOTE?
SCHD and VOTE share 43 common holdings with a 7.7% weight overlap. Combined, they hold 553 unique securities.
Which pays a higher dividend, SCHD or VOTE?
SCHD yields 3.31% while VOTE yields 0.95%, so SCHD currently pays the higher dividend yield.
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