SCHD vs TDIV
SCHD vs TDIV
Schwab US Dividend Equity ETF vs First Trust NASDAQ Technology Dividend Index 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 | TDIV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.50% | |
| AUM | $103.7B | $4.1B | |
| Dividend Yield | 3.31% | 1.14% | |
| Holdings | 104 | 96 | |
| YTD Return | +24.26% | +21.25% | |
| 1Y Return | +31.38% | +31.09% | |
| 3Y Return (annualized) | +15.08% | +28.07% | |
| 5Y Return (annualized) | +9.72% | +17.17% | |
| Volatility (annualized) | 13.6% | 17.0% | |
| Max Drawdown | -33.4% | -32.0% | |
| Fund Family | Charles Schwab Asset Management | First Trust Portfolios (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Aug 13, 2012 |
SCHD vs TDIV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and First Trust NASDAQ Technology Dividend Index Fund (TDIV) is a ETF from First Trust Portfolios (US). Over the past year SCHD returned +31.38% while TDIV returned +31.09%. Year to date, SCHD is up 24.26% versus a gain of 21.25% for TDIV.
Over three years, SCHD compounded at +15.08% per year against +28.07% for TDIV; over five years the annualized figures are +9.72% and +17.17% respectively. Across the full 14-year window we track, TDIV has the edge at +14.32% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDIV has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -32.0% for TDIV. 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while TDIV charges 0.50%. On a $10,000 position that is $6 vs $50 annually, a gap of $44 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 1.14% for TDIV.
Holdings Overlap
SCHD and TDIV share 5 holdings out of 189 unique holdings combined, representing a 10.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in TDIV | Difference |
|---|---|---|---|
| TXN | 3.70% | 7.26% | 3.56% |
| QCOM | 2.72% | 3.24% | 0.52% |
| VZ | 3.68% | 1.93% | 1.75% |
| CMCSA | Pro | Pro | Pro |
| SWKS | Pro | Pro | Pro |
See all 5 holdings SCHD shares with TDIV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or TDIV?
SCHD has an expense ratio of 0.06% while TDIV charges 0.50%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, SCHD or TDIV?
Over the past year SCHD returned +31.38% vs +31.09% for TDIV, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), SCHD annualized +11.39% vs +14.32% for TDIV. Past performance does not guarantee future results.
Which is riskier, SCHD or TDIV?
TDIV has been the more volatile fund at 17.0% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TDIV -32.0%.
Should I hold both SCHD and TDIV?
SCHD and TDIV have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TDIV?
SCHD and TDIV share 5 common holdings with a 10.6% weight overlap. Combined, they hold 189 unique securities.
Which pays a higher dividend, SCHD or TDIV?
SCHD yields 3.31% while TDIV yields 1.14%, so SCHD currently pays the higher dividend yield.
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