SCHD vs. WDIV

Last updated Apr 2, 2026

Compare and contrast key facts about Schwab U.S. Dividend Equity ETF (SCHD) and SPDR S&P Global Dividend ETF (WDIV).

SCHD and WDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. WDIV is a passively managed fund by State Street that tracks the performance of the S&P Global Dividend Aristocrats Index sp_43. It was launched on May 29, 2013. Both SCHD and WDIV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SCHD vs. WDIV - Performance Comparison

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

SCHD vs. WDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SCHD Schwab U.S. Dividend Equity ETF	12.17%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%
WDIV SPDR S&P Global Dividend ETF	3.18%	27.16%	7.61%	8.21%	-6.92%	14.44%	-10.18%	20.12%	-8.81%	19.03%

Returns By Period

In the year-to-date period, SCHD achieves a 12.17% return, which is significantly higher than WDIV's 3.18% return. Over the past 10 years, SCHD has outperformed WDIV with an annualized return of 12.25%, while WDIV has yielded a comparatively lower 7.33% annualized return.

SCHD

• 1D: -0.55%
• 1M: -3.43%
• YTD: 12.17%
• 6M: 12.91%
• 1Y: 13.70%
• 3Y*: 11.84%
• 5Y*: 8.32%
• 10Y*: 12.25%

WDIV

• 1D: 0.31%
• 1M: -4.49%
• YTD: 3.18%
• 6M: 7.66%
• 1Y: 23.85%
• 3Y*: 14.74%
• 5Y*: 7.98%
• 10Y*: 7.33%

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

SCHD vs. WDIV - Expense Ratio Comparison

SCHD has a 0.06% expense ratio, which is lower than WDIV's 0.40% expense ratio.

WDIV

SPDR S&P Global Dividend ETF

SCHD

Schwab U.S. Dividend Equity ETF

Return for Risk

SCHD vs. WDIV — Risk / Return Rank

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

SCHD

SCHD Risk / Return Rank: 43
SCHD Sharpe Ratio Rank: 46
SCHD Sortino Ratio Rank: 46
SCHD Omega Ratio Rank: 46
SCHD Calmar Ratio Rank: 39
SCHD Martin Ratio Rank: 38

WDIV

WDIV Risk / Return Rank: 89
WDIV Sharpe Ratio Rank: 89
WDIV Sortino Ratio Rank: 91
WDIV Omega Ratio Rank: 90
WDIV Calmar Ratio Rank: 87
WDIV Martin Ratio Rank: 86

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.

SCHD vs. WDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and SPDR S&P Global Dividend ETF (WDIV). 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	WDIV	Difference
Sharpe ratio Return per unit of total volatility	0.88	1.98	-1.11
Sortino ratio Return per unit of downside risk	1.32	2.71	-1.39
Omega ratio Gain probability vs. loss probability	1.19	1.39	-0.21
Calmar ratio Return relative to maximum drawdown	1.05	2.83	-1.78
Martin ratio Return relative to average drawdown	3.55	10.72	-7.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHD vs. WDIV - Sharpe Ratio Comparison

The current SCHD Sharpe Ratio is 0.88, which is lower than the WDIV Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of SCHD and WDIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHD	WDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.98	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.63	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.48	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	0.44	+0.40

Correlation

The correlation between SCHD and WDIV is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SCHD vs. WDIV - Dividend Comparison

SCHD's dividend yield for the trailing twelve months is around 3.46%, less than WDIV's 4.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHD Schwab U.S. Dividend Equity ETF	3.46%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
WDIV SPDR S&P Global Dividend ETF	4.24%	4.27%	4.63%	4.73%	5.12%	4.15%	5.55%	3.99%	4.42%	3.62%	4.32%	5.03%

Drawdowns

SCHD vs. WDIV - Drawdown Comparison

The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum WDIV drawdown of -42.34%. Use the drawdown chart below to compare losses from any high point for SCHD and WDIV.

Drawdown Indicators

	SCHD	WDIV	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-42.34%	+8.97%
Max Drawdown (1Y) Largest decline over 1 year	-12.74%	-8.61%	-4.13%
Max Drawdown (5Y) Largest decline over 5 years	-16.85%	-22.12%	+5.27%
Max Drawdown (10Y) Largest decline over 10 years	-33.37%	-42.34%	+8.97%
Current Drawdown Current decline from peak	-3.43%	-5.84%	+2.41%
Average Drawdown Average peak-to-trough decline	-3.34%	-5.90%	+2.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	2.27%	+1.48%

Volatility

SCHD vs. WDIV - Volatility Comparison

The current volatility for Schwab U.S. Dividend Equity ETF (SCHD) is 2.33%, while SPDR S&P Global Dividend ETF (WDIV) has a volatility of 4.49%. This indicates that SCHD experiences smaller price fluctuations and is considered to be less risky than WDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHD	WDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.33%	4.49%	-2.16%
Volatility (6M) Calculated over the trailing 6-month period	7.96%	7.39%	+0.57%
Volatility (1Y) Calculated over the trailing 1-year period	15.69%	12.08%	+3.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	12.68%	+1.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	15.43%	+1.27%