ETF Comparison
DGRW vs SCHD: Which Is the Better Pick in 2026?
A head-to-head comparison of WisdomTree U.S. Quality Dividend Growth Fund and Schwab U.S. Dividend Equity ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| DGRW | SCHD | |
|---|---|---|
| Full name | WisdomTree U.S. Quality Dividend Growth Fund | Schwab U.S. Dividend Equity ETF |
| Issuer | WisdomTree | Schwab |
| Price | $88.09 | $30.51 |
| Distribution yield | 1.34% | 3.30% |
| Expense ratio | 0.28% | 0.06% |
| AUM | $16.2B | $85.9B |
| Distribution frequency | Monthly | Quarterly |
| Underlying index | Basket (WisdomTree U.S. Dividend Growth Fund stocks) | Dow Jones U.S. Dividend 100 Index |
| Objective | Seeks to track the price and yield performance, before fees and expenses, of the WisdomTree U.S. Quality Dividend Growth Index, a fundamentally weighted index of dividend-paying U.S. common stocks with growth characteristics. | Seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index, which measures the performance of high dividend yielding stocks issued by U.S. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios. |
| Asset class | Equity | Equity |
| Inception date | 05/22/2013 | 10/20/2011 |
| Beta | 0.87 | 0.65 |
| Last dividend | $0.17 | $0.26 |
| Ex-dividend date | 03/26/2026 | 03/25/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
DGRW (WisdomTree U.S. Quality Dividend Growth Fund) and SCHD (Schwab U.S. Dividend Equity ETF) are both popular monthly-pay seeks to track the price and yield performance, before fees and expenses, of the wisdomtree u.s. quality dividend growth index, a fundamentally weighted index of dividend-paying u.s. common stocks with growth characteristics. ETFs, but they take different approaches.
SCHD offers the higher yield at 3.30% vs 1.34% for DGRW. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SCHD is cheaper with an expense ratio of 0.06% compared to 0.28%.
They track different benchmarks: DGRW is linked to Basket (WisdomTree U.S. Dividend Growth Fund stocks) while SCHD tracks Dow Jones U.S. Dividend 100 Index, which means their performance drivers differ.
SCHD is the larger fund by assets ($85.9B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, DGRW would generate roughly $11.17/month while SCHD would produce $27.50/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, DGRW would cost approximately $280 in fees vs $60 for SCHD (simplified, not compounded). The $220.00 difference may be offset by yield or performance.
Strategy & risk
DGRW tracks Basket (WisdomTree U.S. Dividend Growth Fund stocks) with a seeks to track the price and yield performance, before fees and expenses, of the wisdomtree u.s. quality dividend growth index, a fundamentally weighted index of dividend-paying u.s. common stocks with growth characteristics. approach, while SCHD tracks Dow Jones U.S. Dividend 100 Index using a seeks to track as closely as possible, before fees and expenses, the total return of the dow jones u.s. dividend 100 index, which measures the performance of high dividend yielding stocks issued by u.s. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios. strategy. Beta is 0.87 for DGRW and 0.65 for SCHD, indicating SCHD is less volatile relative to the market.
Fund details
DGRW is managed by WisdomTree (launched 05/22/2013) with $16.2B in assets. SCHD is managed by Schwab (launched 10/20/2011) with $85.9B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is DGRW or SCHD better for dividend income?
It depends on your goals. SCHD currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between DGRW and SCHD?
DGRW (WisdomTree U.S. Quality Dividend Growth Fund) tracks Basket (WisdomTree U.S. Dividend Growth Fund stocks) with a seeks to track the price and yield performance, before fees and expenses, of the wisdomtree u.s. quality dividend growth index, a fundamentally weighted index of dividend-paying u.s. common stocks with growth characteristics. strategy, while SCHD (Schwab U.S. Dividend Equity ETF) tracks Dow Jones U.S. Dividend 100 Index with a seeks to track as closely as possible, before fees and expenses, the total return of the dow jones u.s. dividend 100 index, which measures the performance of high dividend yielding stocks issued by u.s. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios. approach. They are issued by WisdomTree and Schwab respectively.
Can I hold both DGRW and SCHD?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, DGRW or SCHD?
DGRW has an expense ratio of 0.28% while SCHD charges 0.06%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in DGRW vs SCHD generate?
At current yields, $10,000 in DGRW would generate roughly $11.17 per month ($134.00 annually). The same in SCHD would produce about $27.50 per month ($330.00 annually).
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