SCHD vs TDTF
Schwab US Dividend Equity ETF vs Northern Trust iBoxx 5-Year Target Duration TIPS ETF
Which is better, SCHD or TDTF?
SCHD has been ahead.
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 | TDTF |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.18% |
| AUM | $112.1B | $1.0B |
| Dividend Yield | 3.00% | 5.86% |
| Holdings | 103 | 18 |
| YTD Return | +24.96%Best | +0.86% |
| 1Y Return | +28.75%Best | +0.37% |
| 3Y Return (annualized) | +15.71%Best | +4.64% |
| 5Y Return (annualized) | +9.86%Best | +0.98% |
| Volatility (annualized) | 13.6% | 4.3%Best |
| Max Drawdown | -33.4% | -12.0%Best |
| $10,000 over 5 years | $16,003Best | $10,500 |
| Fund Family | Charles Schwab Asset Management | Northern Trust Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | - |
| Inception | Oct 20, 2011 | Sep 19, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 9, 2026 (14.9 years).
SCHD vs TDTF 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs TDTF Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Northern Trust iBoxx 5-Year Target Duration TIPS ETF (TDTF) is an ETF from Northern Trust Asset Management. Over the past year SCHD returned +28.75% while TDTF returned +0.37%. Year to date, SCHD is up 24.96% versus a gain of 0.86% for TDTF.
Over three years, SCHD compounded at +15.71% per year against +4.64% for TDTF; over five years the annualized figures are +9.86% and +0.98% respectively. Across the full 15-year window we track, SCHD has the edge at +11.36% annualized vs +1.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 4.3% for TDTF. 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 -12.0% for TDTF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.35. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TDTF charges 0.18%. On a $10,000 position that is $6 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 5.86% for TDTF.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 14 in TDTF, totalling 100.0% and 82.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 14 in TDTF, against full books of 103 and 18.
You are not choosing between two funds in isolation.
Whichever of SCHD and TDTF 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 TDTF?
SCHD has an expense ratio of 0.06% while TDTF charges 0.18%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, SCHD or TDTF?
Over the past year SCHD returned +28.75% vs +0.37% for TDTF, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.36% vs +1.43% for TDTF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TDTF?
SCHD has been the more volatile fund at 13.6% annualized versus 4.3% for TDTF. Worst drawdown: SCHD -33.4% vs TDTF -12.0%.
Should I hold both SCHD and TDTF?
SCHD and TDTF have a monthly-return correlation of 0.35, 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 TDTF?
SCHD yields 3.00% while TDTF yields 5.86%, so TDTF currently pays the higher dividend yield.
Is TDTF 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.