SCHD vs WINN

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDWINNWinner
Expense Ratio0.06%0.57%
AUM$103.7B$1.1B
Dividend Yield3.31%0.00%
Holdings10470
YTD Return+24.08%+9.16%
1Y Return+31.88%+13.63%
3Y Return (annualized)+14.92%+21.96%
5Y Return (annualized)+9.85%-
Volatility (annualized)13.6%21.1%
Max Drawdown-33.4%-32.1%
Fund FamilyCharles Schwab Asset ManagementHarbor Funds
CategoryEquityEquity
InceptionOct 20, 2011Feb 2, 2022

SCHD vs WINN Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Harbor Long-Term Growers ETF (WINN) is a ETF from Harbor Funds. Over the past year SCHD returned +31.88% while WINN returned +13.63%. Year to date, SCHD is up 24.08% versus a gain of 9.16% for WINN.

Over three years, SCHD compounded at +14.92% per year against +21.96% for WINN. Across the full 5-year window we track, WINN has the edge at +14.39% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

WINN has been the more volatile fund, with annualized monthly volatility of 21.1% 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 -32.1% for WINN. 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while WINN charges 0.57%. On a $10,000 position that is $6 vs $57 annually, a gap of $51 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for WINN.

Holdings Overlap

1.1%overlap

SCHD and WINN share 3 holdings out of 171 unique holdings combined, representing a 1.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in WINNDifference
KO4.08%0.59%3.49%
MRK4.32%0.31%4.01%
TXN3.70%0.23%3.47%

Frequently Asked Questions

Which is cheaper, SCHD or WINN?

SCHD has an expense ratio of 0.06% while WINN charges 0.57%. SCHD is the cheaper option. On a $10,000 investment, that is $51 per year of difference.

Which performed better, SCHD or WINN?

Over the past year SCHD returned +31.88% vs +13.63% for WINN, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.39% vs +14.39% for WINN. Past performance does not guarantee future results.

Which is riskier, SCHD or WINN?

WINN has been the more volatile fund at 21.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs WINN -32.1%.

Should I hold both SCHD and WINN?

SCHD and WINN have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and WINN?

SCHD and WINN share 3 common holdings with a 1.1% weight overlap. Combined, they hold 171 unique securities.

Which pays a higher dividend, SCHD or WINN?

SCHD yields 3.31% while WINN yields 0.00%, so SCHD currently pays the higher dividend yield.

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