SCHD vs WLTG

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

MetricSCHDWLTGWinner
Expense Ratio0.06%0.74%
AUM$103.7B$79M
Dividend Yield3.31%4.15%
Holdings10437
YTD Return+23.53%+10.20%
1Y Return+30.95%+23.49%
3Y Return (annualized)+14.72%+22.60%
5Y Return (annualized)+9.56%-
Volatility (annualized)13.6%13.7%
Max Drawdown-33.4%-25.1%
Fund FamilyCharles Schwab Asset ManagementWealthTrust Asset Management
CategoryEquityEquity
InceptionOct 20, 2011Dec 6, 2021

SCHD vs WLTG Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WealthTrust DBS Long Term Growth ETF (WLTG) is a ETF from WealthTrust Asset Management. Over the past year SCHD returned +30.95% while WLTG returned +23.49%. Year to date, SCHD is up 23.53% versus a gain of 10.20% for WLTG.

Over three years, SCHD compounded at +14.72% per year against +22.60% for WLTG. Across the full 5-year window we track, SCHD has the edge at +11.35% annualized vs +10.69%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

WLTG has been the more volatile fund, with annualized monthly volatility of 13.7% 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 -25.1% for WLTG. 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while WLTG charges 0.74%. On a $10,000 position that is $6 vs $74 annually, a gap of $68 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 4.15% for WLTG.

Holdings Overlap

1.3%overlap

SCHD and WLTG share 1 holdings out of 135 unique holdings combined, representing a 1.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in WLTGDifference
DVN1.31%2.69%1.38%

Frequently Asked Questions

Which is cheaper, SCHD or WLTG?

SCHD has an expense ratio of 0.06% while WLTG charges 0.74%. SCHD is the cheaper option. On a $10,000 investment, that is $68 per year of difference.

Which performed better, SCHD or WLTG?

Over the past year SCHD returned +30.95% vs +23.49% for WLTG, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.35% vs +10.69% for WLTG. Past performance does not guarantee future results.

Which is riskier, SCHD or WLTG?

WLTG has been the more volatile fund at 13.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs WLTG -25.1%.

Should I hold both SCHD and WLTG?

SCHD and WLTG have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and WLTG?

SCHD and WLTG share 1 common holdings with a 1.3% weight overlap. Combined, they hold 135 unique securities.

Which pays a higher dividend, SCHD or WLTG?

SCHD yields 3.31% while WLTG yields 4.15%, so WLTG currently pays the higher dividend yield.

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