SCHD vs TCHP
SCHD vs TCHP
Schwab US Dividend Equity ETF vs T. Rowe Price Blue Chip Growth ETF
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 | TCHP | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.57% | |
| AUM | $103.7B | $2.1B | |
| Dividend Yield | 3.31% | 0.00% | |
| Holdings | 104 | 57 | |
| YTD Return | +24.26% | +3.95% | |
| 1Y Return | +31.38% | +10.18% | |
| 3Y Return (annualized) | +15.08% | +22.37% | |
| 5Y Return (annualized) | +9.72% | +9.38% | |
| Volatility (annualized) | 13.6% | 20.0% | |
| Max Drawdown | -33.4% | -42.3% | |
| Fund Family | Charles Schwab Asset Management | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Aug 4, 2020 |
SCHD vs TCHP Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and T. Rowe Price Blue Chip Growth ETF (TCHP) is a ETF from T.Rowe Price. Over the past year SCHD returned +31.38% while TCHP returned +10.18%. Year to date, SCHD is up 24.26% versus a gain of 3.95% for TCHP.
Over three years, SCHD compounded at +15.08% per year against +22.37% for TCHP; over five years the annualized figures are +9.72% and +9.38% respectively. Across the full 6-year window we track, TCHP has the edge at +12.65% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TCHP has been the more volatile fund, with annualized monthly volatility of 20.0% 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 -42.3% for TCHP. 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TCHP charges 0.57%. On a $10,000 position that is $6 vs $57 annually, a gap of $51 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for TCHP.
Holdings Overlap
SCHD and TCHP share 3 holdings out of 153 unique holdings combined, representing a 1.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or TCHP?
SCHD has an expense ratio of 0.06% while TCHP charges 0.57%. SCHD is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, SCHD or TCHP?
Over the past year SCHD returned +31.38% vs +10.18% for TCHP, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +11.39% vs +12.65% for TCHP. Past performance does not guarantee future results.
Which is riskier, SCHD or TCHP?
TCHP has been the more volatile fund at 20.0% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TCHP -42.3%.
Should I hold both SCHD and TCHP?
SCHD and TCHP have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TCHP?
SCHD and TCHP share 3 common holdings with a 1.2% weight overlap. Combined, they hold 153 unique securities.
Which pays a higher dividend, SCHD or TCHP?
SCHD yields 3.31% while TCHP yields 0.00%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.