SCHD vs DGRW: Head-to-Head Comparison
SCHD vs DGRW: Schwab U.S. Dividend Equity ETF has an expense ratio of 0.06% while WisdomTree U.S. Quality Dividend Growth Fund charges 0.28%. SCHD holds 103 securities vs DGRW's 300. 5-year returns: 12.10% vs 13.50%.
Last updated: April 2026
Dividend
Quick Verdict
Both ETFs score equally well for beginners (9/10). Your choice depends on your specific investment goals.
Side-by-Side Comparison
| Metric | SCHD | DGRW |
|---|---|---|
| Expense Ratio | 0.06% | 0.28% |
| AUM | $62.0B | $12.0B |
| Dividend Yield | 3.40% | 1.60% |
| Holdings | 103 | 300 |
| 1-Year Return | 12.90% | 23.80% |
| 5-Year Return (Ann.) | 12.10% | 13.50% |
| 10-Year Return (Ann.) | 11.50% | 12.20% |
| Beta | 0.82 | 0.92 |
| P/E Ratio | 16.8 | 22.5 |
SCHD 5-year annualized return is 12.10% compared to DGRW's 13.50%. Over 10 years, SCHD returned 11.50% vs DGRW's 12.20%.
View data table
| Period | SCHD Return | DGRW Return |
|---|---|---|
| YTD | 1.80% | 3.00% |
| 1 Year | 12.90% | 23.80% |
| 3 Year | 7.20% | 10.20% |
| 5 Year | 12.10% | 13.50% |
| 10 Year | 11.50% | 12.20% |
Key Differences Between SCHD and DGRW
SCHD (Schwab U.S. Dividend Equity ETF) is a u.s. large-cap dividend fund managed by Charles Schwab. SCHD focuses on high-quality U.S. companies with strong track records of paying and growing dividends. It uses a rules-based approach to select about 100 stocks that have consistently paid dividends for at least 10 years. Beginners who want both income and growth often find SCHD attractive because it combines a solid dividend yield with quality stock selection at a very low cost.
DGRW (WisdomTree U.S. Quality Dividend Growth Fund) is a dividend growth fund managed by WisdomTree. DGRW selects U.S. dividend-paying companies based on a combination of expected earnings growth, return on equity, and return on assets, focusing on quality growth rather than high current yield. It is rebalanced annually and screens for dividend-paying companies with the best forward-looking growth characteristics. Beginners who want a quality-screened dividend fund that emphasizes future potential over past payouts will appreciate DGRW's forward-looking methodology.
The most notable differences are in fees (0.06% vs 0.28%), number of holdings (103 vs 300), and 5-year returns (12.10% vs 13.50%).
SCHD vs DGRW multi-factor comparison: SCHD has a 0.06% expense ratio, 12.10% 5-year return, 103 holdings, 0.82 beta, and 3.40% yield. DGRW has 0.28% expense ratio, 13.50% 5-year return, 300 holdings, 0.92 beta, and 1.60% yield.
View data table
| Metric | SCHD | DGRW |
|---|---|---|
| Expense Ratio | 0.06% | 0.28% |
| 5-Year Return | 12.10% | 13.50% |
| Holdings | 103 | 300 |
| Beta | 0.82 | 0.92 |
| Dividend Yield | 3.40% | 1.60% |
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Holdings Overlap Analysis
25%
Holdings Overlap
SCHD and DGRW share only 25% of their top holdings. These funds are quite different, making them complementary choices if you want broader market coverage.
SCHD and DGRW share 25% of their top holdings (low overlap). SCHD has 103 total holdings and DGRW has 300. Common holdings include ABBV, KO, CSCO.
View data table
| Metric | SCHD | DGRW |
|---|---|---|
| Overlap | 25% | 25% |
| Unique Holdings | 75% | 75% |
| Total Holdings | 103 | 300 |
Cost Comparison Over Time
If you invest $10,000 and hold for 20 years (assuming 8% annual returns):
SCHD
Fee cost: $515
DGRW
Fee cost: $2,358
Over 20 years, the fee difference amounts to $1,843 on a $10,000 investment. SCHD saves you more in fees over time.
On a $10,000 investment over 20 years at 8% return, SCHD (0.06% fee) grows to $46,094 while DGRW (0.28% fee) grows to $44,251. The fee difference costs $1,843.
View data table
| Year | SCHD Value | DGRW Value |
|---|---|---|
| 0 | $10,000 | $10,000 |
| 5 | $14,653 | $14,504 |
| 10 | $21,470 | $21,036 |
| 15 | $31,458 | $30,510 |
| 20 | $46,094 | $44,251 |
Which One Should a Beginner Choose?
Choose SCHD if: You want income-focused investors who want a reliable and growing dividend stream, conservative investors who prefer lower volatility with quality companies, retirees or pre-retirees building a dividend income portfolio. It's managed by Charles Schwab with an expense ratio of 0.06%.
Choose DGRW if: You want investors who want dividend exposure with a growth and quality tilt, those who prefer forward-looking earnings growth over backward-looking dividend streaks, portfolio builders seeking a middle ground between growth and income strategies. It's managed by WisdomTree with an expense ratio of 0.28%.
Can You Own Both SCHD and DGRW?
Absolutely! With only 25% overlap, SCHD and DGRW complement each other well. A simple portfolio might allocate 60% to one and 40% to the other, or you could pair them with a bond ETF like BND for a complete three-fund portfolio.
Frequently Asked Questions
Should I buy SCHD or DGRW?▾
Both ETFs score equally well for beginners (9/10). Your choice depends on your specific investment goals. However, both are solid options. SCHD is best for investors who want income-focused investors who want a reliable and growing dividend stream, while DGRW is better suited for investors who want dividend exposure with a growth and quality tilt.
What is the difference between SCHD and DGRW?▾
SCHD (Schwab U.S. Dividend Equity ETF) tracks u.s. large-cap dividend investments with 103 holdings and a 0.06% expense ratio. DGRW (WisdomTree U.S. Quality Dividend Growth Fund) focuses on dividend growth with 300 holdings at 0.28%. Their top holdings overlap by 25%.
Can I own both SCHD and DGRW?▾
Yes! With only 25% holdings overlap, SCHD and DGRW complement each other well. Owning both gives you broader diversification.