SCHD vs TAN
Schwab US Dividend Equity ETF vs Invesco Solar ETF
Which is better, SCHD or TAN?
Large Cap Value against Mid Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 56.7%.
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 | TAN |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.70% |
| AUM | $112.1B | $1.0B |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 44 |
| YTD Return | +23.46%Best | -11.51% |
| 1Y Return | +27.20%Best | +6.66% |
| 3Y Return (annualized) | +15.41%Best | -5.76% |
| 5Y Return (annualized) | +10.16%Best | -10.80% |
| Volatility (annualized) | 13.7%Best | 39.5% |
| Max Drawdown | -33.4%Best | -78.6% |
| $10,000 over 5 years | $16,223Best | $5,647 |
| Top 10 Weight | 41.8%Best | 56.7% |
| Fund Family | Charles Schwab Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Growth |
| Inception | Oct 20, 2011 | Apr 15, 2008 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 18, 2026 (14.9 years).
SCHD vs TAN 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 TAN Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Invesco Solar ETF (TAN) is an ETF from Invesco (US). Over the past year SCHD returned +27.20% while TAN returned +6.66%. Year to date, SCHD is up 23.46% versus a loss of 11.51% for TAN.
Over three years, SCHD compounded at +15.41% per year against -5.76% for TAN; over five years the annualized figures are +10.16% and -10.80% respectively. Across the full 15-year window we track, SCHD has the edge at +11.25% annualized vs +4.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TAN has been the more volatile fund, with annualized monthly volatility of 39.5% compared with 13.7% for SCHD. 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 -78.6% for TAN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TAN charges 0.70%. On a $10,000 position that is $6 vs $70 annually, a gap of $64 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.00% for TAN.
Holdings Overlap
0.1% of SCHD's money is in holdings TAN also owns. 3.7% of TAN's money is in holdings SCHD also owns.
TAN and SCHD share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 35 in TAN, against full books of 103 and 44.
What only one of them owns
Our book lists 11 positions for TAN that do not appear in our book for SCHD (46.0% of the fund), and 98 for SCHD that do not appear in TAN (99.8%).
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 SCHD | Weight in TAN | Difference |
|---|---|---|---|
| CWENClearway Energy, Inc., Class C | 0.09% | 3.66% | 3.57% |
You are not choosing between two funds in isolation.
Whichever of SCHD and TAN 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 TAN?
SCHD has an expense ratio of 0.06% while TAN charges 0.70%. SCHD is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, SCHD or TAN?
Over the past year SCHD returned +27.20% vs +6.66% for TAN, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.25% vs +4.27% for TAN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TAN?
TAN has been the more volatile fund at 39.5% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs TAN -78.6%.
Should I hold both SCHD and TAN?
SCHD and TAN have a monthly-return correlation of 0.40, 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 SCHD and TAN?
3.7% of TAN's money is in holdings SCHD also owns. 3.7% of TAN's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in SCHD and 35 in TAN.
Which pays a higher dividend, SCHD or TAN?
SCHD yields 3.00% while TAN yields 0.00%, so SCHD currently pays the higher dividend yield.
Is TAN better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 56.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.