SCHD vs SPTL
Schwab US Dividend Equity ETF vs State Street SPDR Portfolio Long Term Treasury ETF
Which is better, SCHD or SPTL?
Large Cap Value against Long Term Government Bond.
SPTL has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | SCHD | SPTL |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $112.1B | $11.0B |
| Dividend Yield | 3.00% | 4.34% |
| Holdings | 103 | 100 |
| YTD Return | +24.59%Best | -3.85% |
| 1Y Return | +28.14%Best | -4.88% |
| 3Y Return (annualized) | +15.58%Best | +0.27% |
| 5Y Return (annualized) | +9.90%Best | -7.22% |
| Volatility (annualized) | 13.6% | 12.2%Best |
| Max Drawdown | -33.4%Best | -46.9% |
| $10,000 over 5 years | $16,032Best | $6,875 |
| Fund Family | Charles Schwab Asset Management | State Street Investment Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | Long Term Government Bond |
| Inception | Oct 20, 2011 | May 23, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
SCHD vs SPTL 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 covers the 14.9 years both funds cover.
SCHD vs SPTL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and State Street SPDR Portfolio Long Term Treasury ETF (SPTL) is an ETF from State Street Investment Management. Over the past year SCHD returned +28.14% while SPTL returned -4.88%. Year to date, SCHD is up 24.59% versus a loss of 3.85% for SPTL.
Over three years, SCHD compounded at +15.58% per year against +0.27% for SPTL; over five years the annualized figures are +9.90% and -7.22% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs -0.81%.
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 12.2% for SPTL. 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 -46.9% for SPTL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.01. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPTL 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 3.00% against 4.34% for SPTL.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 23 in SPTL, totalling 100.0% and 29.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 23 in SPTL, against full books of 103 and 100.
You are not choosing between two funds in isolation.
Whichever of SCHD and SPTL 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, SCHD or SPTL?
SCHD has an expense ratio of 0.06% while SPTL charges 0.03%. SPTL is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, SCHD or SPTL?
Over the past year SCHD returned +28.14% vs -4.88% for SPTL, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.34% vs -0.81% for SPTL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPTL?
SCHD has been the more volatile fund at 13.6% annualized versus 12.2% for SPTL. Worst drawdown: SCHD -33.4% vs SPTL -46.9%.
Should I hold both SCHD and SPTL?
SCHD and SPTL have a monthly-return correlation of 0.01, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or SPTL?
SCHD yields 3.00% while SPTL yields 4.34%, so SPTL currently pays the higher dividend yield.
Is SPTL better than SCHD?
SPTL has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.