SCHD vs TDIV
Schwab US Dividend Equity ETF vs First Trust NASDAQ Technology Dividend Index Fund
Which is better, SCHD or TDIV?
Each has led over a different period.
SCHD has a lower expense ratio. SCHD led over 1Y, TDIV over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 50.3%.
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 | TDIV |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.50% |
| AUM | $112.1B | $4.4B |
| Dividend Yield | 3.00% | 1.37% |
| Holdings | 103 | 192 |
| YTD Return | +23.68%Best | +19.55% |
| 1Y Return | +28.36%Best | +16.73% |
| 3Y Return (annualized) | +16.20% | +28.73%Best |
| 5Y Return (annualized) | +10.07% | +16.96%Best |
| Volatility (annualized) | 13.9%Best | 16.9% |
| Max Drawdown | -33.4% | -32.0%Best |
| $10,000 over 5 years | $16,156 | $21,887Best |
| Top 10 Weight | 41.8%Best | 50.3% |
| Fund Family | Charles Schwab Asset Management | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Aug 13, 2012 |
Volatility and max drawdown are measured over the window both funds cover: Aug 14, 2012 to Sep 22, 2026 (14.1 years).
SCHD vs TDIV 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 14.1 years both funds cover.
SCHD vs TDIV Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an ETF from First Trust Portfolios (US). Over the past year SCHD returned +28.36% while TDIV returned +16.73%. Year to date, SCHD is up 23.68% versus a gain of 19.55% for TDIV.
Over three years, SCHD compounded at +16.20% per year against +28.73% for TDIV; over five years the annualized figures are +10.07% and +16.96% respectively. Across the full 14-year window we track, TDIV has the edge at +14.07% annualized vs +10.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDIV has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 13.9% 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 what each fund did in the worst stretch of the window measured above.
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 3.00% against 1.37% for TDIV.
Holdings Overlap
11.9% of SCHD's money is in holdings TDIV also owns. 13.6% of TDIV's money is in holdings SCHD also owns.
TDIV and SCHD share little of their money.
4 positions in common, counted across the 100 positions we hold weights for in SCHD and 93 in TDIV, against full books of 103 and 192.
What only one of them owns
Our book lists 65 positions for TDIV that do not appear in our book for SCHD (69.3% of the fund), and 95 for SCHD that do not appear in TDIV (88.0%).
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.
You are not choosing between two funds in isolation.
Whichever of SCHD and TDIV 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 TDIV?
SCHD has an expense ratio of 0.06% while TDIV charges 0.50%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, SCHD or TDIV?
Over the past year SCHD returned +28.36% vs +16.73% for TDIV, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), SCHD annualized +10.85% vs +14.07% for TDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TDIV?
TDIV has been the more volatile fund at 16.9% annualized versus 13.9% 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 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 TDIV?
13.6% of TDIV's money is in holdings SCHD also owns. 13.6% of TDIV's is in holdings SCHD also owns. They hold 4 positions in common, counted across the 100 positions we hold weights for in SCHD and 93 in TDIV.
Which pays a higher dividend, SCHD or TDIV?
SCHD yields 3.00% while TDIV yields 1.37%, so SCHD currently pays the higher dividend yield.
Is TDIV better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TDIV over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 50.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.