AAUM vs SCHD
Tema Alternative Asset Managers ETF vs Schwab US Dividend Equity ETF
Which is better, AAUM or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 53.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AAUM | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $1M | $112.2B |
| Dividend Yield | 0.95% | 3.13% |
| Holdings | 30 | 103 |
| Top 10 Weight | 53.3% | 41.5%Best |
| Fund Family | Tema Global Limited | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Oct 1, 2025 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 64 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AAUM has data through Jul 2, 2026 and SCHD through Sep 4, 2026.
Fees and Cost Over Time
AAUM charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, AAUM currently yields 0.95% against 3.13% for SCHD.
Holdings Overlap
13.3% of AAUM's money is in holdings SCHD also owns. 3.3% of SCHD's money is in holdings AAUM also owns.
AAUM and SCHD share little of their money.
The two holdings books were reported 99 days apart, AAUM as of Apr 30, 2026 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 29 positions we hold weights for in AAUM and 100 in SCHD, against full books of 30 and 103.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for AAUM (96.6% of the fund), and 10 for AAUM that do not appear in SCHD (43.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of AAUM and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AAUM or SCHD?
AAUM has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
What is the holdings overlap between AAUM and SCHD?
13.3% of AAUM's money is in holdings SCHD also owns. 3.3% of SCHD's is in holdings AAUM also owns. They hold 3 positions in common, counted across the 29 positions we hold weights for in AAUM and 100 in SCHD.
Which pays a higher dividend, AAUM or SCHD?
AAUM yields 0.95% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AAUM?
SCHD has a lower expense ratio. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 53.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.