SCHD vs WTLS
SCHD vs WTLS
Schwab US Dividend Equity ETF vs WisdomTree Efficient Long/Short US Equity Fund ETF
Quick Verdict
SCHD has a lower expense ratio. WTLS offers more diversification with 564 holdings.
Side-by-Side Comparison
| Metric | SCHD | WTLS | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.88% | |
| AUM | $103.7B | $12M | |
| Dividend Yield | 3.31% | 0.00% | |
| Holdings | 104 | 564 | |
| YTD Return | +24.08% | +25.65% | |
| 1Y Return | +31.88% | - | |
| 3Y Return (annualized) | +14.92% | - | |
| 5Y Return (annualized) | +9.85% | - | |
| Volatility (annualized) | 13.6% | - | |
| Max Drawdown | -33.4% | -8.9% | |
| Fund Family | Charles Schwab Asset Management | WisdomTree Investments | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Jan 22, 2026 |
SCHD vs WTLS Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and WisdomTree Efficient Long/Short US Equity Fund ETF (WTLS) is a ETF from WisdomTree Investments. Year to date, SCHD is up 24.08% versus a gain of 25.65% for WTLS.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -8.9% for WTLS. 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 WTLS charges 0.88%. On a $10,000 position that is $6 vs $88 annually, a gap of $82 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for WTLS.
Holdings Overlap
SCHD and WTLS share 13 holdings out of 651 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in WTLS | Difference |
|---|---|---|---|
| UNH | 4.54% | -0.40% | 4.94% |
| TXN | 3.70% | 0.41% | 3.29% |
| MO | 3.15% | 0.23% | 2.92% |
| ADP | Pro | Pro | Pro |
| DVN | Pro | Pro | Pro |
| TGT | Pro | Pro | Pro |
| DINO | Pro | Pro | Pro |
| BR | Pro | Pro | Pro |
| APAM | Pro | Pro | Pro |
| MC | Pro | Pro | Pro |
See all 10 holdings SCHD shares with WTLS 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 WTLS?
SCHD has an expense ratio of 0.06% while WTLS charges 0.88%. SCHD is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
What is the holdings overlap between SCHD and WTLS?
SCHD and WTLS share 13 common holdings with a 2.0% weight overlap. Combined, they hold 651 unique securities.
Which pays a higher dividend, SCHD or WTLS?
SCHD yields 3.31% while WTLS yields 0.00%, so SCHD currently pays the higher dividend yield.
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