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DHS vs. SCHD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DHS vs. SCHD

Last updated Jun 23, 2026

DHS (WisdomTree US High Dividend Fund) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - DHS is a Large Cap Value Equities fund tracking the WisdomTree U.S. High Dividend Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, DHS returned 9.64%/yr vs 12.68%/yr for SCHD. Their correlation of 0.92 suggests significant overlap in exposure. DHS charges 0.38%/yr vs 0.06%/yr for SCHD.

Performance

DHS vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US High Dividend Fund (DHS) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DHS achieves a 11.70% return, which is significantly lower than SCHD's 17.24% return. Over the past 10 years, DHS has underperformed SCHD with an annualized return of 9.64%, while SCHD has yielded a comparatively higher 12.68% annualized return.

DHS

1D
0.55%
1M
-0.98%
YTD
11.70%
6M
11.36%
1Y
21.93%
3Y*
17.26%
5Y*
11.67%
10Y*
9.64%

SCHD

1D
0.09%
1M
-2.86%
YTD
17.24%
6M
16.44%
1Y
24.06%
3Y*
14.45%
5Y*
8.77%
10Y*
12.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DHS vs. SCHD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DHS
WisdomTree US High Dividend Fund		11.70%12.87%18.02%-0.19%7.97%23.20%-5.70%22.59%-7.41%11.69%
SCHD
Schwab U.S. Dividend Equity ETF		17.24%4.34%11.66%4.54%-3.26%29.87%15.03%27.29%-5.56%20.85%

Correlation

The correlation between DHS and SCHD is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.88

Correlation (3Y)
Calculated over the trailing 3-year period

0.91

Correlation (5Y)
Calculated over the trailing 5-year period

0.91

Correlation (10Y)
Calculated over the trailing 10-year period

0.91

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2011

0.92

The correlation between DHS and SCHD has been stable across timeframes, ranging from 0.88 to 0.92 - a consistent structural relationship.

DHS vs. SCHD - Sectors Allocation Comparison

Sectors
DHS
SCHD

Financial Services

22.1%
9.1%

Consumer Defensive

18.5%
18.5%

Healthcare

14.9%
18.4%

Communication Services

9.0%
6.0%

Energy

8.8%
14.6%

Utilities

8.7%
0.0%

Consumer Cyclical

5.6%
6.7%

Industrials

4.2%
7.4%

Technology

4.1%
19.4%

Real Estate

2.9%

-

Basic Materials

1.2%
1.2%

Financial Services

DHS
22.1%
SCHD
9.1%

Consumer Defensive

DHS
18.5%
SCHD
18.5%

Healthcare

DHS
14.9%
SCHD
18.4%

Communication Services

DHS
9.0%
SCHD
6.0%

Energy

DHS
8.8%
SCHD
14.6%

Utilities

DHS
8.7%
SCHD
0.0%

Consumer Cyclical

DHS
5.6%
SCHD
6.7%

Industrials

DHS
4.2%
SCHD
7.4%

Technology

DHS
4.1%
SCHD
19.4%

Real Estate

DHS
2.9%
SCHD

-

Basic Materials

DHS
1.2%
SCHD
1.2%

Compare stocks, funds, or ETFs

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WisdomTree US High Dividend Fund

Schwab U.S. Dividend Equity ETF

Often compared with DHS:
DHS vs. SPHDDHS vs. DGRODHS vs. JEPIDHS vs. FDVVDHS vs. DTDDHS vs. SPYDHS vs. DNP
Often compared with SCHD:
SCHD vs. VOOSCHD vs. VYMSCHD vs. SPYSCHD vs. SCHGSCHD vs. JEPISCHD vs. FDVVSCHD vs. VIG

Return for Risk

DHS vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DHS
DHS Risk / Return Rank: 7070
Overall Rank
DHS Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
DHS Sortino Ratio Rank: 7575
Sortino Ratio Rank
DHS Omega Ratio Rank: 6464
Omega Ratio Rank
DHS Calmar Ratio Rank: 7272
Calmar Ratio Rank
DHS Martin Ratio Rank: 7070
Martin Ratio Rank
SCHD
SCHD Risk / Return Rank: 7676
Overall Rank
SCHD Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
SCHD Sortino Ratio Rank: 7979
Sortino Ratio Rank
SCHD Omega Ratio Rank: 6868
Omega Ratio Rank
SCHD Calmar Ratio Rank: 9090
Calmar Ratio Rank
SCHD Martin Ratio Rank: 7171
Martin Ratio Rank
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.

DHS vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US High Dividend Fund (DHS) 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.

DHSSCHDDifference
Sharpe ratioReturn per unit of total volatility
2.17
2.18

-0.02

Sortino ratioReturn per unit of downside risk
3.21
3.34

-0.13

Omega ratioGain probability vs. loss probability

1.37

1.39

-0.02

Calmar ratioReturn relative to maximum drawdown

3.50

5.24

-1.74

Martin ratioReturn relative to average drawdown

12.69

12.71

-0.02

DHS vs. SCHD - Sharpe Ratio Comparison

The current DHS Sharpe Ratio is 2.17, which is comparable to the SCHD Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of DHS 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.

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Drawdowns

DHS vs. SCHD - Drawdown Comparison

The maximum DHS drawdown since its inception was -67.25%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for DHS and SCHD.

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Drawdown Indicators

DHSSCHDDifference

Max Drawdown

Largest peak-to-trough decline

-67.25%

-33.37%

-33.88%

Max Drawdown (1Y)

Largest decline over 1 year

-6.30%

-4.61%

-1.69%

Max Drawdown (3Y)

Largest decline over 3 years

-11.87%

-16.13%

+4.26%

Max Drawdown (5Y)

Largest decline over 5 years

-15.28%

-16.85%

+1.57%

Max Drawdown (10Y)

Largest decline over 10 years

-37.35%

-33.37%

-3.98%

Current Drawdown

Current decline from peak

-1.98%

-2.86%

+0.88%

Average Drawdown

Average peak-to-trough decline

-9.53%

-3.31%

-6.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.73%

1.90%

-0.17%

Volatility

DHS vs. SCHD - Volatility Comparison

WisdomTree US High Dividend Fund (DHS) and Schwab U.S. Dividend Equity ETF (SCHD) have volatilities of 3.56% and 3.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DHSSCHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.56%

3.58%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

7.51%

7.74%

-0.23%

Volatility (1Y)

Calculated over the trailing 1-year period

10.19%

11.09%

-0.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.88%

14.36%

-0.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.10%

16.73%

-0.63%

DHS vs. SCHD - Expense Ratio Comparison

DHS has a 0.38% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

DHS vs. SCHD - Dividend Comparison

DHS's dividend yield for the trailing twelve months is around 3.30%, which matches SCHD's 3.31% yield.

PositionTTM20252024202320222021202020192018201720162015
DHS
WisdomTree US High Dividend Fund		3.30%3.32%3.66%4.31%3.42%3.29%4.14%3.69%3.76%3.00%3.25%3.53%
SCHD
Schwab U.S. Dividend Equity ETF		3.31%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

DHS and SCHD have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SCHD has higher volatility (3.58%) compared to DHS (3.56%). In terms of maximum drawdown, DHS dropped -67.25% vs SCHD's -33.37%.

On 10-year performance, SCHD leads with 12.68% vs 9.64% for DHS. On fees, SCHD is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, SCHD has performed better with a 12.68% return vs 9.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHD is cheaper with a 0.06% expense ratio, compared with 0.38% for DHS.

DHS and SCHD have nearly identical dividend yields, around 3.30%.

DHS is categorized as Large Cap Value Equities, while SCHD is Dividend. DHS tracks WisdomTree U.S. High Dividend Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: WisdomTree and Charles Schwab. Their fees differ too: 0.38% for DHS and 0.06% for SCHD.

SCHD currently has the higher Sharpe Ratio (2.18 vs 2.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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