SCHD vs. SWDSX
Compare and contrast key facts about Schwab U.S. Dividend Equity ETF (SCHD) and Schwab Dividend Equity Fund™ (SWDSX).
SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. SWDSX is managed by Charles Schwab. It was launched on Sep 2, 2003.
Performance
SCHD vs. SWDSX - Performance Comparison
Loading graphics...
Returns By Period
In the year-to-date period, SCHD achieves a 12.35% return, which is significantly higher than SWDSX's 1.34% return. Over the past 10 years, SCHD has outperformed SWDSX with an annualized return of 12.30%, while SWDSX has yielded a comparatively lower 8.88% annualized return.
SCHD
- 1D
- 0.16%
- 1M
- -2.29%
- YTD
- 12.35%
- 6M
- 13.59%
- 1Y
- 18.75%
- 3Y*
- 11.70%
- 5Y*
- 8.35%
- 10Y*
- 12.30%
SWDSX
- 1D
- 0.17%
- 1M
- -4.01%
- YTD
- 1.34%
- 6M
- 0.94%
- 1Y
- 13.22%
- 3Y*
- 12.76%
- 5Y*
- 8.86%
- 10Y*
- 8.88%
SCHD vs. SWDSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 12.35% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
SWDSX Schwab Dividend Equity Fund™ | 1.34% | 12.31% | 17.06% | 6.92% | -5.84% | 28.24% | -4.33% | 24.32% | -12.18% | 15.40% |
Correlation
The correlation between SCHD and SWDSX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
SCHD vs. SWDSX - Expense Ratio Comparison
SCHD has a 0.06% expense ratio, which is lower than SWDSX's 0.89% expense ratio.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHD vs. SWDSX — Risk / Return Rank
SCHD
SWDSX
SCHD vs. SWDSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and Schwab Dividend Equity Fund™ (SWDSX). 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.
| SCHD | SWDSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 0.76 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.34 | 1.10 | +0.23 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.17 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.04 | +0.05 |
Martin ratioReturn relative to average drawdown | 3.69 | 4.57 | -0.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SCHD | SWDSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 0.76 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.67 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.53 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.48 | +0.36 |
Drawdowns
SCHD vs. SWDSX - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum SWDSX drawdown of -50.01%. Use the drawdown chart below to compare losses from any high point for SCHD and SWDSX.
Loading graphics...
Drawdown Indicators
| SCHD | SWDSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -50.01% | +16.64% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -6.16% | +1.55% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -17.94% | +1.09% |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | -40.20% | +6.83% |
Current DrawdownCurrent decline from peak | -3.27% | -5.17% | +1.90% |
Average DrawdownAverage peak-to-trough decline | -3.34% | -6.82% | +3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 2.24% | +1.52% |
Volatility
SCHD vs. SWDSX - Volatility Comparison
The current volatility for Schwab U.S. Dividend Equity ETF (SCHD) is 2.35%, while Schwab Dividend Equity Fund™ (SWDSX) has a volatility of 2.92%. This indicates that SCHD experiences smaller price fluctuations and is considered to be less risky than SWDSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SCHD | SWDSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.35% | 2.92% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 7.93% | 7.29% | +0.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.69% | 13.48% | +2.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.40% | 13.26% | +1.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.69% | 16.91% | -0.22% |
Dividends
SCHD vs. SWDSX - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.45%, more than SWDSX's 0.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.45% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
SWDSX Schwab Dividend Equity Fund™ | 0.79% | 1.22% | 2.59% | 2.25% | 6.83% | 16.25% | 2.09% | 6.86% | 11.63% | 10.24% | 1.68% | 14.46% |