SCHD vs TDV
Schwab US Dividend Equity ETF vs ProShares S&P Technology Dividend Aristocrats ETF
Which is better, SCHD or TDV?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, TDV over 3Y, 5Y and the full window. TDV is less concentrated, with 32.2% of the fund in its ten largest positions against 41.8%.
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 | TDV |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.45% |
| AUM | $112.1B | $274M |
| Dividend Yield | 3.00% | 1.03% |
| Holdings | 103 | 38 |
| YTD Return | +21.99%Best | +15.18% |
| 1Y Return | +25.92%Best | +14.70% |
| 3Y Return (annualized) | +15.66% | +17.90%Best |
| 5Y Return (annualized) | +9.48% | +11.40%Best |
| Volatility (annualized) | 16.7%Best | 19.0% |
| Max Drawdown | -33.4% | -32.8%Best |
| $10,000 over 5 years | $15,728 | $17,156Best |
| Top 10 Weight | 41.8% | 32.2%Best |
| Fund Family | Charles Schwab Asset Management | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Nov 5, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Sep 23, 2026 (6.9 years).
SCHD vs TDV 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 6.9 years both funds cover.
SCHD vs TDV Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an ETF from ProShares. Over the past year SCHD returned +25.92% while TDV returned +14.70%. Year to date, SCHD is up 21.99% versus a gain of 15.18% for TDV.
Over three years, SCHD compounded at +15.66% per year against +17.90% for TDV; over five years the annualized figures are +9.48% and +11.40% respectively. Across the full 7-year window we track, TDV has the edge at +15.53% annualized vs +11.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDV has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 16.7% 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 -32.8% for TDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 TDV charges 0.45%. On a $10,000 position that is $6 vs $45 annually, a gap of $39 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.03% for TDV.
Holdings Overlap
6.2% of SCHD's money is in holdings TDV also owns. 8.0% of TDV's money is in holdings SCHD also owns.
TDV and SCHD share little of their money.
3 positions in common, counted across the 100 positions we hold weights for in SCHD and 37 in TDV, against full books of 103 and 38.
What only one of them owns
Our book lists 33 positions for TDV that do not appear in our book for SCHD (88.4% of the fund), and 96 for SCHD that do not appear in TDV (93.8%).
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 TDV 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 TDV?
SCHD has an expense ratio of 0.06% while TDV charges 0.45%. SCHD is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, SCHD or TDV?
Over the past year SCHD returned +25.92% vs +14.70% for TDV, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.62% vs +15.53% for TDV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TDV?
TDV has been the more volatile fund at 19.0% annualized versus 16.7% for SCHD. Worst drawdown: SCHD -33.4% vs TDV -32.8%.
Should I hold both SCHD and TDV?
SCHD and TDV have a monthly-return correlation of 0.76, 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 TDV?
8.0% of TDV's money is in holdings SCHD also owns. 8.0% of TDV's is in holdings SCHD also owns. They hold 3 positions in common, counted across the 100 positions we hold weights for in SCHD and 37 in TDV.
Which pays a higher dividend, SCHD or TDV?
SCHD yields 3.00% while TDV yields 1.03%, so SCHD currently pays the higher dividend yield.
Is TDV better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TDV over 3Y, 5Y and the full window. TDV is less concentrated, with 32.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.