SCHD vs SPTU
Schwab US Dividend Equity ETF vs State Street SPDR Portfolio Ultra Short T-Bill ETF
Which is better, SCHD or SPTU?
SCHD has been ahead.
SPTU has a lower expense ratio. SCHD led over 1Y.
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 | SPTU |
|---|---|---|
| Expense Ratio | 0.06% | 0.05%Best |
| AUM | $108.9B | $14M |
| Dividend Yield | 3.00% | 2.96% |
| Holdings | 206 | 42 |
| YTD Return | +20.89%Best | +2.67% |
| 1Y Return | +23.87%Best | +3.65% |
| 3Y Return (annualized) | +16.42% | - |
| 5Y Return (annualized) | +9.40% | - |
| Volatility (annualized) | 14.6% | 0.3%Best |
| Fund Family | Charles Schwab Asset Management | State Street Investment Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | - |
| Inception | Oct 20, 2011 | Oct 7, 2025 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
SCHD vs SPTU 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.
SCHD vs SPTU Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) is an ETF from State Street Investment Management. Over the past year SCHD returned +23.87% while SPTU returned +3.65%. Year to date, SCHD is up 20.89% versus a gain of 2.67% for SPTU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 0.3% for SPTU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPTU charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 2.96% for SPTU.
Holdings Overlap
We hold position weights for 99 holdings in SCHD and 1 in SPTU, totalling 100.0% and 0.1% 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 99 positions we hold weights for in SCHD and 1 in SPTU, against full books of 206 and 42.
You are not choosing between two funds in isolation.
Whichever of SCHD and SPTU 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 SPTU?
SCHD has an expense ratio of 0.06% while SPTU charges 0.05%. SPTU is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHD or SPTU?
Over the past year SCHD returned +23.87% vs +3.65% for SPTU, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPTU?
SCHD has been the more volatile fund at 14.6% annualized versus 0.3% for SPTU.
Should I hold both SCHD and SPTU?
SCHD and SPTU have a monthly-return correlation of 0.27, 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 SPTU?
SCHD yields 3.00% while SPTU yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SPTU better than SCHD?
SPTU has a lower expense ratio. SCHD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.