SCHD vs TBJL
Schwab US Dividend Equity ETF vs Innovator 20+ Year Treasury Bond 9 Buffer ETF - July
Which is better, SCHD or TBJL?
Large Cap Value against Multi Alternative.
SCHD 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 | TBJL |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.79% |
| AUM | $112.1B | $9M |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 12 |
| YTD Return | +25.07%Best | -5.37% |
| 1Y Return | +27.61%Best | -6.94% |
| 3Y Return (annualized) | +15.74%Best | -1.09% |
| 5Y Return (annualized) | +9.89%Best | -5.05% |
| Volatility (annualized) | 15.2% | 9.6%Best |
| Max Drawdown | -16.9%Best | -29.4% |
| $10,000 over 5 years | $16,025Best | $7,717 |
| Fund Family | Charles Schwab Asset Management | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Aug 18, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 18, 2020 to Sep 11, 2026 (6.1 years).
SCHD vs TBJL 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 6.1 years both funds cover.
SCHD vs TBJL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL) is an ETF from Innovator ETFs Trust. Over the past year SCHD returned +27.61% while TBJL returned -6.94%. Year to date, SCHD is up 25.07% versus a loss of 5.37% for TBJL.
Over three years, SCHD compounded at +15.74% per year against -1.09% for TBJL; over five years the annualized figures are +9.89% and -5.05% respectively. Across the full 6-year window we track, SCHD has the edge at +13.72% annualized vs -4.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 9.6% for TBJL. 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 -16.9% for SCHD and -29.4% for TBJL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TBJL charges 0.79%. On a $10,000 position that is $6 vs $79 annually, a gap of $73 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.00% for TBJL.
You are not choosing between two funds in isolation.
Whichever of SCHD and TBJL 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 TBJL?
SCHD has an expense ratio of 0.06% while TBJL charges 0.79%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, SCHD or TBJL?
Over the past year SCHD returned +27.61% vs -6.94% for TBJL, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +13.72% vs -4.60% for TBJL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TBJL?
SCHD has been the more volatile fund at 15.2% annualized versus 9.6% for TBJL. Worst drawdown: SCHD -16.9% vs TBJL -29.4%.
Should I hold both SCHD and TBJL?
SCHD and TBJL have a monthly-return correlation of 0.33, 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 TBJL?
SCHD yields 3.00% while TBJL yields 0.00%, so SCHD currently pays the higher dividend yield.
Is TBJL better than SCHD?
SCHD 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.