DVDN vs. SCHD

Last updated Aug 4, 2026

DVDN (Kingsbarn Dividend Opportunity ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - DVDN is a Large Cap Value Equities fund actively managed by Kingsbarn, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. DVDN is actively managed, while SCHD is passively managed. Over the past year, DVDN returned -18.74% vs 31.89% for SCHD. Their 0.57 correlation means they have sometimes moved together and sometimes differently. DVDN charges 1.72%/yr vs 0.06%/yr for SCHD.

Performance

DVDN vs. SCHD - Performance Comparison

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

Returns By Period

In the year-to-date period, DVDN achieves a -12.28% return, which is significantly lower than SCHD's 24.36% return.

DVDN

• 1D: 1.07%
• 1M: -3.03%
• 6M: -9.74%
• YTD: -12.28%
• 1Y: -18.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -5.12%

SCHD

• 1D: 0.27%
• 1M: 3.61%
• 6M: 13.71%
• YTD: 24.36%
• 1Y: 31.89%
• 3Y*: 14.88%
• 5Y*: 9.66%
• 10Y*: 12.70%
• ALL TIME*: 13.40%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DVDN Kingsbarn Dividend Opportunity ETF	$22.93K	$39.53K	$30.38K
SCHD Schwab U.S. Dividend Equity ETF	$806.58M	$724.91M	$690.35M

DVDN vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
DVDN Kingsbarn Dividend Opportunity ETF	-12.28%	-17.23%	2.17%	16.65%
SCHD Schwab U.S. Dividend Equity ETF	24.36%	4.34%	11.66%	12.86%

Correlation

The correlation between DVDN and SCHD is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (All Time) Calculated using the full available price history since Nov 2, 2023	0.57

The correlation between DVDN and SCHD shifts across timeframes, from 0.40 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.

DVDN vs. SCHD - Sectors Allocation Comparison

Sectors	DVDN	SCHD
Real Estate	59.7%	-
Financial Services	40.4%	9.9%
Basic Materials	-	1.2%
Communication Services	-	6.2%
Consumer Cyclical	-	7.7%
Consumer Defensive	-	20.6%
Energy	-	14.1%
Healthcare	-	20.8%
Industrials	-	7.8%
Technology	-	12.7%
Utilities	-	0.1%

Return for Risk

DVDN vs. SCHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DVDN

DVDN Risk / Return Rank: 2
DVDN Sharpe Ratio Rank: 1
DVDN Sortino Ratio Rank: 2
DVDN Omega Ratio Rank: 2
DVDN Calmar Ratio Rank: 3
DVDN Martin Ratio Rank: 3

SCHD

SCHD Risk / Return Rank: 95
SCHD Sharpe Ratio Rank: 96
SCHD Sortino Ratio Rank: 96
SCHD Omega Ratio Rank: 94
SCHD Calmar Ratio Rank: 97
SCHD Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DVDN vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kingsbarn Dividend Opportunity ETF (DVDN) 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.

	DVDN	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	-1.05	2.90	-3.95
Sortino ratio: Return per unit of downside risk	-1.40	4.49	-5.90
Omega ratio: Gain probability vs. loss probability	0.84	1.52	-0.68
Calmar ratio: Return relative to maximum drawdown	-0.74	6.94	-7.69
Martin ratio: Return relative to average drawdown	-1.16	17.53	-18.69

DVDN vs. SCHD - Sharpe Ratio Comparison

The current DVDN Sharpe Ratio is -1.05, which is lower than the SCHD Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of DVDN 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

DVDN vs. SCHD - Drawdown Comparison

The maximum DVDN drawdown since its inception was -34.59%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for DVDN and SCHD.

Drawdown Indicators

	DVDN	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-34.59%	-33.37%	-1.22%
Max Drawdown (1Y) Largest decline over 1 year	-25.34%	-4.61%	-20.73%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-33.67%	-0.97%	-32.70%
Average Drawdown Average peak-to-trough decline	-13.80%	-3.29%	-10.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.12%	1.82%	+14.30%

Volatility

DVDN vs. SCHD - Volatility Comparison

Kingsbarn Dividend Opportunity ETF (DVDN) has a higher volatility of 4.29% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.82%. This indicates that DVDN'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

	DVDN	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.29%	3.82%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	13.74%	7.99%	+5.75%
Volatility (1Y) Calculated over the trailing 1-year period	17.96%	11.06%	+6.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.64%	14.39%	+4.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.64%	16.73%	+1.91%

DVDN vs. SCHD - Expense Ratio Comparison

DVDN has a 1.72% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

DVDN vs. SCHD - Dividend Comparison

DVDN's dividend yield for the trailing twelve months is around 15.34%, more than SCHD's 3.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DVDN Kingsbarn Dividend Opportunity ETF	15.34%	17.27%	14.43%	2.74%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.12%	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 DVDN and SCHD in my portfolio?

DVDN and SCHD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DVDN or SCHD?

DVDN has higher volatility (4.29%) compared to SCHD (3.82%). In terms of maximum drawdown, DVDN dropped -34.59% vs SCHD's -33.37%.

Which ETF is better, DVDN or SCHD?

On 1-year performance, SCHD leads with 31.89% vs -18.74% for DVDN. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DVDN or SCHD?

Over the 1-year period, SCHD has performed better with a 31.89% return vs -18.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DVDN or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 1.72% for DVDN.

Which ETF pays a higher dividend yield, DVDN or SCHD?

DVDN has the higher dividend yield at 15.34%, compared with 3.12% for SCHD.

What is the main difference between DVDN and SCHD?

DVDN is categorized as Large Cap Value Equities, while SCHD is Dividend. They also come from different issuers: Kingsbarn and Charles Schwab. Their fees differ too: 1.72% for DVDN and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.90 vs -1.05), 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.