SCHD vs TBLU
Schwab US Dividend Equity ETF vs Tortoise Global Water Fund
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | TBLU | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.40% | |
| AUM | $103.7B | $57M | |
| Dividend Yield | 3.31% | 3.44% | |
| Holdings | 104 | 63 | |
| YTD Return | +25.62% | +3.39% | |
| 1Y Return | +32.62% | +0.87% | |
| 3Y Return (annualized) | +15.58% | +10.82% | |
| 5Y Return (annualized) | +9.63% | +3.91% | |
| Volatility (annualized) | 13.6% | 17.2% | |
| Max Drawdown | -33.4% | -37.6% | |
| Fund Family | Charles Schwab Asset Management | Tortoise Capital | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Feb 14, 2017 |
SCHD vs TBLU Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Tortoise Global Water Fund (TBLU) is a ETF from Tortoise Capital. Over the past year SCHD returned +32.62% while TBLU returned +0.87%. Year to date, SCHD is up 25.62% versus a gain of 3.39% for TBLU.
Over three years, SCHD compounded at +15.58% per year against +10.82% for TBLU; over five years the annualized figures are +9.63% and +3.91% respectively. Across the full 10-year window we track, SCHD has the edge at +11.47% annualized vs +9.28%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TBLU has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 13.6% 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 -37.6% for TBLU. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while TBLU charges 0.40%. On a $10,000 position that is $6 vs $40 annually, a gap of $34 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.44% for TBLU.
Holdings Overlap
SCHD and TBLU share 0 holdings out of 161 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 TBLU?
SCHD has an expense ratio of 0.06% while TBLU charges 0.40%. SCHD is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, SCHD or TBLU?
Over the past year SCHD returned +32.62% vs +0.87% for TBLU, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), SCHD annualized +11.47% vs +9.28% for TBLU. Past performance does not guarantee future results.
Which is riskier, SCHD or TBLU?
TBLU has been the more volatile fund at 17.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TBLU -37.6%.
Should I hold both SCHD and TBLU?
SCHD and TBLU have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TBLU?
SCHD and TBLU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 161 unique securities.
Which pays a higher dividend, SCHD or TBLU?
SCHD yields 3.31% while TBLU yields 3.44%, so TBLU currently pays the higher dividend yield.
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