PRVT vs SCHD

PRVT vs SCHD
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Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricPRVTSCHDWinner
Expense Ratio0.75%0.06%
AUM$478,976.15$108.7B
Dividend Yield0.86%3.13%
Holdings28104
YTD Return+17.11%+27.67%
1Y Return+17.11%+29.56%
3Y Return (annualized)+6.26%+16.53%
5Y Return (annualized)-+9.95%
Volatility (annualized)-13.6%
Max Drawdown-20.4%-33.4%
Fund FamilyTema Global LimitedCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionOct 1, 2025Oct 20, 2011

PRVT vs SCHD Performance

Tema Listed Private Managers ETF (PRVT) is a ETF from Tema Global Limited and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PRVT returned +17.11% while SCHD returned +29.56%. Year to date, PRVT is up 17.11% versus a gain of 27.67% for SCHD.

Over three years, PRVT compounded at +6.26% per year against +16.53% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.55% annualized vs +5.52%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -20.4% for PRVT and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

PRVT 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, PRVT currently yields 0.86% against 3.13% for SCHD.

Holdings Overlap

3.3%overlap

PRVT and SCHD share 3 holdings out of 124 unique holdings combined, representing a 3.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PRVTWeight in SCHDDifference
BX5.59%2.55%3.04%
ARES5.29%0.72%4.57%
CNS2.98%0.06%2.92%

Frequently Asked Questions

Which is cheaper, PRVT or SCHD?

PRVT has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.

Which performed better, PRVT or SCHD?

Over the past year PRVT returned +17.11% vs +29.56% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), PRVT annualized +5.52% vs +11.55% for SCHD. Past performance does not guarantee future results.

What is the holdings overlap between PRVT and SCHD?

PRVT and SCHD share 3 common holdings with a 3.3% weight overlap. Combined, they hold 124 unique securities.

Which pays a higher dividend, PRVT or SCHD?

PRVT yields 0.86% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.

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