SCHD vs SPTI
Schwab US Dividend Equity ETF vs State Street SPDR Portfolio Intermediate Term Treasury ETF
Quick Verdict
SPTI has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | SPTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.03% | |
| AUM | $103.7B | $10.4B | |
| Dividend Yield | 3.31% | 3.85% | |
| Holdings | 104 | 105 | |
| YTD Return | +25.62% | -0.73% | |
| 1Y Return | +32.62% | +1.30% | |
| 3Y Return (annualized) | +15.58% | +3.82% | |
| 5Y Return (annualized) | +9.63% | -0.22% | |
| Volatility (annualized) | 13.6% | 3.8% | |
| Max Drawdown | -33.4% | -16.3% | |
| Fund Family | Charles Schwab Asset Management | State Street Investment Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | May 23, 2007 |
SCHD vs SPTI Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and State Street SPDR Portfolio Intermediate Term Treasury ETF (SPTI) is a ETF from State Street Investment Management. Over the past year SCHD returned +32.62% while SPTI returned +1.30%. Year to date, SCHD is up 25.62% versus a loss of 0.73% for SPTI.
Over three years, SCHD compounded at +15.58% per year against +3.82% for SPTI; over five years the annualized figures are +9.63% and -0.22% respectively. Across the full 15-year window we track, SCHD has the edge at +11.47% annualized vs +1.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 3.8% for SPTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -16.3% for SPTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.05. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPTI charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.85% for SPTI.
Holdings Overlap
SCHD and SPTI share 0 holdings out of 184 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or SPTI?
SCHD has an expense ratio of 0.06% while SPTI charges 0.03%. SPTI is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, SCHD or SPTI?
Over the past year SCHD returned +32.62% vs +1.30% for SPTI, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.47% vs +1.07% for SPTI. Past performance does not guarantee future results.
Which is riskier, SCHD or SPTI?
SCHD has been the more volatile fund at 13.6% annualized versus 3.8% for SPTI. Worst drawdown: SCHD -33.4% vs SPTI -16.3%.
Should I hold both SCHD and SPTI?
SCHD and SPTI have a monthly-return correlation of 0.05, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SPTI?
SCHD and SPTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 184 unique securities.
Which pays a higher dividend, SCHD or SPTI?
SCHD yields 3.31% while SPTI yields 3.85%, so SPTI currently pays the higher dividend yield.
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