4GLD.DE vs. SCHD

Last updated Jun 13, 2026

4GLD.DE (Xetra-Gold) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - 4GLD.DE is a Gold fund tracking the LBMA Gold Price, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, 4GLD.DE returned 12.28%/yr vs 12.56%/yr for SCHD. At a 0.04 correlation, their price movements are largely independent. 4GLD.DE charges 0.00%/yr vs 0.06%/yr for SCHD.

Performance

4GLD.DE vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xetra-Gold (4GLD.DE) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

4GLD.DE is traded in EUR, while SCHD is traded in USD. To make them comparable, the SCHD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 4GLD.DE achieves a -2.63% return, which is significantly lower than SCHD's 22.52% return. Both investments have delivered pretty close results over the past 10 years, with 4GLD.DE having a 12.28% annualized return and SCHD not far ahead at 12.56%.

4GLD.DE

• 1D: 2.93%
• 1M: -9.07%
• YTD: -2.63%
• 6M: -0.59%
• 1Y: 24.49%
• 3Y*: 26.47%
• 5Y*: 18.62%
• 10Y*: 12.28%

SCHD

• 1D: 0.97%
• 1M: 4.68%
• YTD: 22.52%
• 6M: 21.34%
• 1Y: 26.38%
• 3Y*: 12.26%
• 5Y*: 9.74%
• 10Y*: 12.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

4GLD.DE vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
4GLD.DE Xetra-Gold	-2.63%	49.32%	34.57%	9.33%	7.12%	4.03%	13.03%	21.27%	3.19%	-1.67%
SCHD Schwab U.S. Dividend Equity ETF	22.52%	-8.04%	19.03%	1.41%	2.74%	39.59%	5.55%	30.17%	-1.13%	6.00%

Correlation

The correlation between 4GLD.DE and SCHD is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	0.01
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011	0.04

Return for Risk

4GLD.DE vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

4GLD.DE

4GLD.DE Risk / Return Rank: 30
4GLD.DE Sharpe Ratio Rank: 32
4GLD.DE Sortino Ratio Rank: 29
4GLD.DE Omega Ratio Rank: 34
4GLD.DE Calmar Ratio Rank: 26
4GLD.DE Martin Ratio Rank: 28

SCHD

SCHD Risk / Return Rank: 87
SCHD Sharpe Ratio Rank: 86
SCHD Sortino Ratio Rank: 90
SCHD Omega Ratio Rank: 83
SCHD Calmar Ratio Rank: 93
SCHD Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

4GLD.DE vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xetra-Gold (4GLD.DE) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	4GLD.DE	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.03	2.30	-1.27
Sortino ratio: Return per unit of downside risk	1.43	3.40	-1.96
Omega ratio: Gain probability vs. loss probability	1.21	1.41	-0.20
Calmar ratio: Return relative to maximum drawdown	1.12	6.38	-5.26
Martin ratio: Return relative to average drawdown	3.41	15.88	-12.46

4GLD.DE vs. SCHD - Sharpe Ratio Comparison

The current 4GLD.DE Sharpe Ratio is 1.03, which is lower than the SCHD Sharpe Ratio of 2.30. The chart below compares the historical Sharpe Ratios of 4GLD.DE and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

4GLD.DE vs. SCHD - Drawdown Comparison

The maximum 4GLD.DE drawdown since its inception was -36.79%, which is greater than SCHD's maximum drawdown of -32.28%. Use the drawdown chart below to compare losses from any high point for 4GLD.DE and SCHD.

Drawdown Indicators

	4GLD.DE	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-36.79%	-32.28%	-4.51%
Max Drawdown (1Y) Largest decline over 1 year	-21.73%	-4.15%	-17.58%
Max Drawdown (3Y) Largest decline over 3 years	-21.73%	-21.40%	-0.33%
Max Drawdown (5Y) Largest decline over 5 years	-21.73%	-21.40%	-0.33%
Max Drawdown (10Y) Largest decline over 10 years	-21.73%	-32.28%	+10.55%
Current Drawdown Current decline from peak	-19.44%	0.00%	-19.44%
Average Drawdown Average peak-to-trough decline	-12.03%	-4.42%	-7.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.11%	1.67%	+5.44%

Volatility

4GLD.DE vs. SCHD - Volatility Comparison

Xetra-Gold (4GLD.DE) has a higher volatility of 6.93% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.90%. This indicates that 4GLD.DE's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	4GLD.DE	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	2.90%	+4.03%
Volatility (6M) Calculated over the trailing 6-month period	20.81%	8.45%	+12.36%
Volatility (1Y) Calculated over the trailing 1-year period	23.70%	11.52%	+12.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.29%	14.59%	+1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.56%	17.43%	-2.87%

4GLD.DE vs. SCHD - Expense Ratio Comparison

4GLD.DE has a 0.00% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

4GLD.DE vs. SCHD - Dividend Comparison

4GLD.DE has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.22%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
4GLD.DE Xetra-Gold	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.22%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both 4GLD.DE and SCHD in my portfolio?

4GLD.DE and SCHD have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, 4GLD.DE or SCHD?

On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 4GLD.DE or SCHD?

4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.06% for SCHD.

What is the main difference between 4GLD.DE and SCHD?

4GLD.DE is categorized as Gold, while SCHD is Dividend. 4GLD.DE tracks LBMA Gold Price, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Deutsche Börse Commodities and Charles Schwab. Their fees differ too: 0.00% for 4GLD.DE and 0.06% for SCHD.