ARMY vs SCHD
Tema International Defense ETF vs Schwab US Dividend Equity ETF
Which is better, ARMY or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 45.2%.
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 | ARMY | SCHD |
|---|---|---|
| Expense Ratio | 0.68% | 0.06%Best |
| AUM | $7M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 34 | 103 |
| YTD Return | -3.17% | +21.99%Best |
| 1Y Return | -5.93% | +25.92%Best |
| 3Y Return (annualized) | - | +15.66% |
| 5Y Return (annualized) | - | +9.48% |
| Volatility (annualized) | 30.7% | 14.3%Best |
| Top 10 Weight | 45.2% | 41.8%Best |
| Fund Family | Tema Global Limited | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Sep 25, 2025 | Oct 20, 2011 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
ARMY vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ARMY vs SCHD Performance
Tema International Defense ETF (ARMY) is an ETF from Tema Global Limited and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ARMY returned -5.93% while SCHD returned +25.92%. Year to date, ARMY is down 3.17% versus a gain of 21.99% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARMY has been the more volatile fund, with annualized monthly volatility of 30.7% compared with 14.3% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ARMY charges 0.68% per year while SCHD charges 0.06%. On a $10,000 position that is $68 vs $6 annually, a gap of $62 per year that compounds over a long holding period. On income, ARMY currently yields 0.00% against 3.00% for SCHD.
Holdings Overlap
1.8% of ARMY's money is in holdings SCHD also owns. 2.8% of SCHD's money is in holdings ARMY also owns.
SCHD and ARMY share little of their money.
1 positions in common, counted across the 34 positions we hold weights for in ARMY and 100 in SCHD, against full books of 34 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for ARMY (97.2% of the fund), and 10 for ARMY that do not appear in SCHD (17.8%).
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.
Top Shared Holdings
| Stock | Weight in ARMY | Weight in SCHD | Difference |
|---|---|---|---|
| LMTLockheed Martin Corp | 1.77% | 2.78% | 1.01% |
You are not choosing between two funds in isolation.
Whichever of ARMY 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, ARMY or SCHD?
ARMY has an expense ratio of 0.68% while SCHD charges 0.06%. SCHD is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, ARMY or SCHD?
Over the past year ARMY returned -5.93% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ARMY or SCHD?
ARMY has been the more volatile fund at 30.7% annualized versus 14.3% for SCHD.
Should I hold both ARMY and SCHD?
ARMY and SCHD have a monthly-return correlation of 0.61, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ARMY and SCHD?
2.8% of SCHD's money is in holdings ARMY also owns. 2.8% of SCHD's is in holdings ARMY also owns. They hold 1 positions in common, counted across the 34 positions we hold weights for in ARMY and 100 in SCHD.
Which pays a higher dividend, ARMY or SCHD?
ARMY yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ARMY?
SCHD has a lower expense ratio. SCHD led over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 45.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.