DFE vs SCHC: Grades, Fees and Holdings Compared

WisdomTree Europe SmallCap Dividend Fund

DFECNYSE Arca

Schwab International Small-Cap Equity ETF

SCHCANYSE Arca

Overlap

9.2%by weight

Expense ratio

SCHC −0.52pt a year

DFE0.58%SCHC0.06%

Avg volume · 30D

SCHC 52.3×the volume

DFE6.36KSCHC332K

10Y return · a year

SCHC +0.2pt

DFE+7.8%SCHC+8.0%

DFE vs SCHC Performance

Nov 2, 2021 – Nov 2, 2026

+27.3%DFE+29.4%SCHC

Expense ratio: DFE 0.58%; SCHC 0.06%, better
Fund size: DFE $161M; SCHC $5.5B
1Y total return: DFE +13.5%, better; SCHC +10.1%
Yield (12M): DFE 4.02%, better; SCHC 3.49%
Holdings: DFE 435; SCHC 2325
Avg volume (30D): DFE 6.36K sh; SCHC 332K sh, better
NAV per share: DFE $74.75; SCHC $48.02
52W range

ETF.net Grade

Pillar letters and Scores for DFE, SCHC, with each pillar’s weight
Pillar	DFE	SCHC
Cost30% weight	D27	A97Higher
Mission25% weight	A93	A100Higher
Risk15% weight	C49Higher	D35
Tradability15% weight	B57	B60Higher
Holdings10% weight	D37	B68Higher
Durability5% weight	C42	A75Higher

Rank among International Small-Cap funds

How we build Categories ›

Same Category. DFE and SCHC are both graded against the same 16 International Small-Cap funds, so their Grades compare head to head.

International Small-Cap⁠

Category · 16 funds

See all 16 ›

SCHC ranks 3rd and DFE 10th of 16 funds in the International Small-Cap Category.

Rank 1ASCZiShares MSCI EAFE Small-Cap ETFScore 79
Rank 1AVSSVanguard FTSE All-World ex-US Small-Cap ETFScore 79
Rank 3ASCHCSchwab International Small-Cap Equity ETFScore 78
Rank 4AFNDCSchwab Fundamental International Small Company Index ETFScore 75
Rank 9BIEUSiShares MSCI Europe Small-Cap ETFScore 59
Rank 10CDFEWisdomTree Europe SmallCap Dividend FundScore 52
Rank 11CDDLSWisdomTree Dynamic International SmallCap Equity ETFScore 50

Our read on each fund

ETF.net Research

DFECWisdomTree Europe SmallCap Dividend Fund

SCHCASchwab International Small-Cap Equity ETF

In short

DFE A 2006-vintage fund that weights European small caps by the cash dividends they pay, not by market size. Most rivals in the international small-cap aisle go broad and cap-weighted. This one goes regional and income-tilted.

SCHC The bargain end of international small caps: Schwab charges 0.06% where the typical fund in this group sits near 0.40%. Roughly 2,200 stocks from developed markets outside the US, with Canada and South Korea in the mix.

Stated mandate

DFE The share class aims to follow the pre-fee price and yield performance of the WisdomTree Europe SmallCap Dividend UCITS Index.

SCHC The fund seeks to track, before fees and expenses, the total return of the FTSE Developed Small Cap ex US Liquid Index.

Why people hold it

DFE Weights holdings by annual cash dividends paid rather than market cap, so the roughly 400-stock basket tilts toward payers instead of whatever small cap is running hottest.wisdomtree.com
Pure Europe small cap, no Japan or Pacific filler. Broad peers like SCHC, VSS and SCZ spread across every developed market, so this is the narrower dial.
The index screens candidates on quality and momentum (WisdomTree's composite risk score) before weighting them, and income goes out quarterly.
Trading since its 2006 launch, and it still does what the name says: European small caps that pay dividends, tracked against a stated index.

SCHC 0.06% a year, against a peer-group median near 0.40%. In a corner of the market where fees usually run high, that gap is most of the pitch.schwabassetmanagement.com
About 2,200 holdings across developed markets outside the US. Broad enough that it behaves like the asset class rather than a concentrated bet.
Counts Canada and South Korea as developed markets, covering ground that EAFE-built rivals such as SCZ leave out by design.schwabassetmanagement.com ishares.com
Trading since 2010 and has tracked its FTSE developed small-cap benchmark tightly, one of the cleaner index implementations in its peer group.

Worth knowing

DFE The 0.58% fee runs above the typical international small-cap fund, and plain cap-weighted peers like SCHC and VSS charge a small fraction of that.
Thinly traded next to the category's giants, so the bid-ask spread becomes part of the real cost, most of all on large or hurried orders.
One region, smaller companies, and European currency moves baked into returns: the ride can be bumpier than a globally spread small-cap blend.

SCHC Foreign small caps swing harder than large caps, and holdings are priced in local currencies, so exchange-rate moves feed straight into results.
Developed markets only. Emerging-market small caps sit outside the mandate, which is where wider ex-US peers like VSS reach further.
Moderately traded rather than a top-of-tape name, and distributions land once or twice a year instead of quarterly.

Full DFE profile⁠

Full SCHC profile⁠

DFE vs SCHC Holdings

How DFE and SCHC differ

Overlap by weight

9.2%

Shared holdings make up 66.9% of DFE and 9.2% of SCHC.

Level by level

Holdings200 in both9.2%
Countryby domicile40.8%
Sector11 Sectors84.4%
Asset classEquity100%

Sector

Sector weights in DFE and SCHC, widest gap first
Sector	More in DFEMore in SCHC	DFE	SCHC
Industrials	DFE +9.6 points	31.7%	22.1%
Materials	SCHC +6.1 points	8.0%	14.1%
Technology	SCHC +3.8 points	6.5%	10.3%
Communication	DFE +3.0 points	6.3%	3.3%
Consumer Discretionary	DFE +2.4 points	12.5%	10.1%
Real Estate	SCHC +2.1 points	5.9%	8.0%
Health Care	SCHC +1.3 points	5.2%	6.5%
Energy	SCHC +1.1 points	4.4%	5.5%
Financials	SCHC +0.8 points	12.2%	13.0%
Utilities	DFE +0.6 points	3.2%	2.6%
Consumer Staples	SCHC +0.4 points	4.1%	4.5%

Country, concentration and asset class

Country by domicile

Country weights in DFE and SCHC, widest gap first
Country	More in DFEMore in SCHC	DFE	SCHC
Japan	SCHC +22.3 points	0.0%	22.3%
United Kingdom	DFE +19.7 points	31.3%	11.6%
Canada	SCHC +12.2 points	0.0%	12.2%
Sweden	DFE +10.9 points	15.5%	4.6%
Norway	DFE +9.7 points	12.3%	2.6%
South Korea	SCHC +6.8 points	0.0%	6.8%
Australia	SCHC +6.4 points	0.0%	6.4%
Germany	DFE +2.8 points	6.8%	4.0%
Other countries (24)	DFE +4.5 points	34.1%	29.6%

Outside the US: DFE 99% developed, 1% emerging. SCHC 88% developed, 12% emerging.

Concentration

Weight in the 10 largest Holdings

DFE10.1%
SCHC2.8%

Securities held

DFE427
SCHC2,309

Asset class

DFE: Equity
SCHC: Equity

Holdings

Only in DFE227
In both200
Only in SCHC2,109

Only in DFE

227 securities, 33.0% of DFE by weight

Puuilo Oyj0.59%
Polar Capital Holdings PLC0.58%
Chesnara PLC0.55%
Metrovacesa Sa0.55%
Biogaia Ab-B Shs0.52%
Paratus Energy Services Ltd0.47%
Csm0.46%
Sparebank 1 Nord Norge0.46%
Norconsult As0.43%
Plastic Omnium SA0.43%
Saf-Holland Se0.41%
Serica Energy Plc0.38%
Northgate PLC0.37%
Conduit Holdings Ltd0.36%
Foresight Group Holdings Ltd0.35%
Kier Group PLC0.34%
Sentia As0.33%
Louis Hachette Group0.33%
Sabre Insurance Group Plc0.31%
Nyfosa Ab0.30%
Mlp AG0.30%
Halfords Group PLC0.29%
FAES Farma SA0.29%
Klaveness Combination Carrie0.29%
Galliford Try Holdings Plc0.29%
Odfjell Se-A Shs0.29%
OVS SpA0.29%
Academedia Ab0.27%
Solstad Offshore Asa0.27%
Pexip Holding Asa0.27%
M P Evans Group Plc0.27%
NewRiver REIT PLC0.26%
Amsterdam Commodities NV0.25%
AF Gruppen ASA0.25%
Avarda Bank Ab0.25%
Forfarmers Nv0.25%
Scandi Standard AB0.24%
Beijer Alma Ab0.24%
Kid Asa0.23%
Alimak Group AB0.23%
Ratos AB0.22%
D'Amico International Shippi0.22%
Elopak Asa0.22%
Inwido AB0.21%
Irish Residential Properties REIT0.21%
Paradox Interactive Ab0.21%
Sanoma OYJ0.20%
Husqvarna AB0.20%
Posti Group Oyj0.20%
Rusta Ab0.20%

Only in SCHC

2,109 securities, 90.6% of SCHC by weight

Storebrand0.33%
Frontline PLC0.31%
Gaztransport & Technigaz SA0.29%
South Bow0.29%
Dpm Metals0.28%
Eldorado Gold0.28%
Capital Power Corp0.27%
Al Sydbank0.26%
Lottomatica Group0.26%
Nkt0.25%
Aedifica NV0.25%
Thyssenkrupp AG0.25%
Jyske Bank0.24%
Ringkjobing Landbobank0.24%
Prairiesky Royalty0.23%
G Mining Ventures Corp0.23%
Or Royalties Inc0.23%
Wpp PLC0.22%
B2GOLD0.22%
Konecranes0.22%
Londonmetric Property Reit PLC0.22%
Iss0.21%
Lion Finance Group PLC0.21%
Voestalpine AG0.21%
Ssr Mining0.21%
Balfour Beatty PLC0.21%
Perseus Mining Ltd0.21%
Rotork PLC0.21%
Galenica AG0.20%
Aberdeen Group PLC0.20%
Georg Fischer AG0.20%
Oceanagold Corporation Corp0.20%
Nexans SA0.20%
Persimmon PLC0.20%
Rightmove PLC0.20%
Capstone Copper Corp0.20%
Methanex0.20%
Tritax Big Box Reit PLC0.20%
Definity Financial0.20%
Man Group PLC0.20%
Technip Energies0.19%
Nexgen Energy0.19%
Sparebank Sr-Norge0.19%
Sbm Offshore0.19%
Rs Group PLC0.19%
Blackberry0.19%
Alk-Abello Class B0.19%
Onex0.19%
Glanbia PLC0.18%
Chartwell Retirement Residences Re0.18%

Weight gaps

The 100 widest of 200 Holdings in both funds.

Holding weights in DFE and SCHC, widest gap first
Holding	More in DFEMore in SCHC	DFE	SCHC
Odfjell Drilling Ltd	DFE +1.46 points	1.51%	0.05%
Bluenord Asa	DFE +1.00 points	1.06%	0.06%
Proximus SA	DFE +0.92 points	0.95%	0.03%
Hammerson PlcHMSO.L	DFE +0.91 points	1.01%	0.10%
Pennon Group PlcPNN.L	DFE +0.89 points	1.01%	0.12%
Dunelm Group PLCDNLM.L	DFE +0.90 points	0.95%	0.05%
Dno Asa	DFE +0.89 points	0.97%	0.08%
Stroeer SE & Co KGaA	DFE +0.82 points	0.87%	0.05%
REN - Redes Energeticas Nacion	DFE +0.81 points	0.86%	0.05%
Lancashire Holdings LtdLRE.L	DFE +0.78 points	0.86%	0.08%
Aker Solutions ASA	DFE +0.75 points	0.79%	0.04%
Greggs PLCGRG.L	DFE +0.70 points	0.82%	0.12%
Bekaert SA	DFE +0.69 points	0.74%	0.05%
Banco di Desio e della Brianza	DFE +0.68 points	0.71%	0.03%
Elekta AB	DFE +0.66 points	0.74%	0.08%
Anima Holding SpA	DFE +0.63 points	0.64%	0.01%
OSB Group PlcOSB.L	DFE +0.63 points	0.70%	0.08%
Koninklijke Heijmans NV	DFE +0.62 points	0.69%	0.08%
Morgan Sindall Group PLCMGNS.L	DFE +0.59 points	0.68%	0.09%
Sirius Real Estate LtdSRE.L	DFE +0.59 points	0.67%	0.08%
AJ Bell PlcAJB.L	DFE +0.58 points	0.68%	0.10%
Ninety One Plc	DFE +0.58 points	0.61%	0.03%
Hacksaw Ab	DFE +0.59 points	0.61%	0.02%
Eurocommercial Properties Nv	DFE +0.57 points	0.62%	0.05%
Mpc Container Ships As	DFE +0.56 points	0.60%	0.04%
Peab AB	DFE +0.54 points	0.59%	0.05%
Moneysupermarket.com Group PLCMONY.L	DFE +0.53 points	0.58%	0.05%
Ipsos	DFE +0.53 points	0.58%	0.05%
Montea Nv	DFE +0.52 points	0.58%	0.06%
Clas Ohlson AB	DFE +0.52 points	0.59%	0.07%
Atea ASA	DFE +0.52 points	0.57%	0.05%
Savills PLCSVS.L	DFE +0.51 points	0.59%	0.08%
Cloetta AB	DFE +0.50 points	0.54%	0.04%
Cairn Homes Plc	DFE +0.50 points	0.57%	0.07%
Keller Group PLCKLR.L	DFE +0.49 points	0.60%	0.11%
OC Oerlikon Corp AG	DFE +0.48 points	0.52%	0.04%
Veidekke ASA	DFE +0.48 points	0.57%	0.09%
Bilfinger SE	DFE +0.47 points	0.56%	0.09%
Derwent London PLCDLN.L	DFE +0.47 points	0.57%	0.10%
TietoEVRY Corp	DFE +0.46 points	0.54%	0.08%
Paragon Group of Cos PLCPAG.L	DFE +0.44 points	0.51%	0.07%
Stolt-Nielsen Ltd	DFE +0.44 points	0.47%	0.03%
Bilia AB	DFE +0.42 points	0.46%	0.04%
Etablissements Maurel et Prom	DFE +0.41 points	0.43%	0.02%
CA Immobilien Anlagen AG	DFE +0.41 points	0.43%	0.02%
Argan	DFE +0.41 points	0.46%	0.05%
Wihlborgs Fastigheter Ab	DFE +0.41 points	0.48%	0.07%
4imprint Group PLCFOUR.L	DFE +0.40 points	0.46%	0.06%
Dermapharm Holding SE	DFE +0.38 points	0.40%	0.02%
Corticeira Amorim SGPS SA	DFE +0.39 points	0.40%	0.01%
Navigator Co SA	DFE +0.38 points	0.41%	0.03%
Havas Nv	DFE +0.38 points	0.42%	0.04%
Grainger PLCGRI.L	DFE +0.38 points	0.45%	0.07%
Domino's Pizza Group PLCDOM.L	DFE +0.37 points	0.41%	0.04%
Scandic Hotels Group Ab	DFE +0.37 points	0.43%	0.06%
Workspace Group PLCWKP.L	DFE +0.36 points	0.38%	0.02%
Firstgroup PLCFGP.L	DFE +0.36 points	0.41%	0.06%
Construcc Y Aux De Ferrocarr	DFE +0.36 points	0.41%	0.05%
Imerys SA	DFE +0.36 points	0.39%	0.03%
Thule Group AB/The	DFE +0.34 points	0.42%	0.08%
Pluxee France Sa	DFE +0.33 points	0.37%	0.04%
D/S Norden	DFE +0.32 points	0.36%	0.04%
Gestamp Automocion Sa	DFE +0.32 points	0.34%	0.02%
Linea Directa Aseguradora Sa	DFE +0.32 points	0.36%	0.04%
Coats Group PlcCOA.L	DFE +0.32 points	0.40%	0.08%
Wacker Neuson SE	DFE +0.31 points	0.34%	0.03%
Vesuvius PLCVSVS.L	DFE +0.32 points	0.36%	0.04%
Indus Holding AG	DFE +0.31 points	0.34%	0.03%
Clarkson PlcCKN.L	DFE +0.30 points	0.37%	0.07%
Melia Hotels International	DFE +0.30 points	0.34%	0.04%
Europris Asa	DFE +0.30 points	0.35%	0.05%
Kainos Group PlcKNOS.L	DFE +0.30 points	0.35%	0.05%
Xior Student Housing NV	DFE +0.29 points	0.33%	0.04%
Burkhalter Holding Ag	DFE +0.29 points	0.34%	0.05%
Prosegur Cia de Seguridad SA	DFE +0.29 points	0.30%	0.01%
Jupiter Fund Management PLCJUP.L	DFE +0.28 points	0.32%	0.04%
Breedon Group PlcBREE.L	DFE +0.28 points	0.33%	0.05%
Fabege AB	DFE +0.28 points	0.33%	0.05%
Granges AB	DFE +0.27 points	0.34%	0.07%
Grand City Properties	DFE +0.28 points	0.29%	0.01%
Cementir Holding NV	DFE +0.28 points	0.30%	0.02%
Morgan Advanced Materials PLCMGAM.L	DFE +0.26 points	0.30%	0.04%
Sparebank 1 Oestlandet	DFE +0.26 points	0.30%	0.04%
Terveystalo Oyj	DFE +0.25 points	0.27%	0.02%
Sanlorenzo Spa/Ameglia	DFE +0.26 points	0.28%	0.02%
Mota Engil SGPS Sa	DFE +0.25 points	0.27%	0.02%
Catena AB	DFE +0.25 points	0.31%	0.06%
Scandinavian Tobacco Group A/S	DFE +0.25 points	0.27%	0.02%
Victrex PLCVCT.L	DFE +0.25 points	0.29%	0.04%
Duerr AG	DFE +0.25 points	0.28%	0.03%
Porr Ag	DFE +0.24 points	0.27%	0.03%
Integrafin Holdings PlcIHP.L	DFE +0.25 points	0.30%	0.05%
Telecom Plus PLCTEP.L	DFE +0.24 points	0.27%	0.03%
Hilton Food Group LtdHFG.L	DFE +0.24 points	0.27%	0.03%
Schoeller-Bleckmann Oilfield E	DFE +0.24 points	0.25%	0.01%
Almirall SA	DFE +0.24 points	0.27%	0.03%
Hufvudstaden AB	DFE +0.23 points	0.26%	0.03%
Semapa-Sociedade de Investimen	DFE +0.23 points	0.24%	0.01%
Arnoldo Mondadori Editore SpA	DFE +0.22 points	0.23%	<0.01%
RHI Magnesita NVRHIM.L	DFE +0.22 points	0.25%	0.03%

All 391 DFE holdings⁠All 2,336 SCHC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

DFE vs SCHC Cost

Overpaying DFE vs SCHC

$10,183

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

DFE 0.58%
$11,453
SCHC 0.06%
$1,270

Amount$10,000

Years30 years

Cost over time

DFE 0.58%
SCHC 0.06%
Overpaying

Year by year

Year	DFE	SCHC	Overpaying
10	$1,041	$110	$931
20	$3,986	$432	$3,554
30	$11,453	$1,270	$10,183

Expense ratio

0.58%DFE
0.06%SCHC, cheaper

SCHC0.06%DFE0.58%

0.06%0.83%

Middle half of International Small-Cap funds
Median 0.44%

SCHC cheapest of 16 funds

DFE 12th cheapest of 16 funds

DFE vs SCHC Dividends

Last 12 months to Nov 2, 2026

Yield (12M): DFE 4.02%, better; SCHC 3.49%
Payout (12M): DFE $3.02; SCHC $1.68
Last payment: DFE $0.52; SCHC $0.11
Ex-dividend: DFE Sep 25, 2026; SCHC Jun 24, 2026
Paid on: DFE Sep 29, 2026; SCHC Jun 29, 2026
Frequency: DFE Quarterly; SCHC Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

DFEQuarterly · 40 paymentsAll DFE payments⁠

SCHCTwice a year · 16 paymentsAll SCHC payments⁠

DFE vs SCHC Risk

Fall from peak · 5 years

DFE
SCHC

Risk facts

VolatilityStd dev, 3 years: DFE 14.7%, betterSCHC 14.9%
Return per unit of riskSharpe ratio, 3 years: DFE 0.97SCHC 1.01, better
Worst fallMax drawdown, 5 years: DFE −38.3%SCHC −35.8%, better
Market sensitivityBeta, 5 years: DFE 1.00SCHC 1.13; Market = 1

DFE and SCHC in the news

All news⁠

Best ETFs
Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%
Updated Nov 2, 2026SCHC

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DFE vs SCHC

In short

Stated mandate

Why people hold it

Worth knowing

How DFE and SCHC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFE

Only in SCHC

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best small-cap ETFs: Vanguard’s VB beats three great funds all charging just 0.03%

How DFE and SCHC differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in DFE

Only in SCHC

Weight gaps