SCHD vs TDV
Schwab US Dividend Equity ETF vs ProShares S&P Technology Dividend Aristocrats 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 | TDV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.45% | |
| AUM | $103.7B | $267M | |
| Dividend Yield | 3.31% | 1.01% | |
| Holdings | 104 | 39 | |
| YTD Return | +25.58% | +19.26% | |
| 1Y Return | +31.06% | +23.75% | |
| 3Y Return (annualized) | +15.55% | +17.64% | |
| 5Y Return (annualized) | +9.61% | +12.13% | |
| Volatility (annualized) | 13.6% | 19.1% | |
| Max Drawdown | -33.4% | -32.8% | |
| Fund Family | Charles Schwab Asset Management | ProShares | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Nov 5, 2019 |
SCHD vs TDV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and ProShares S&P Technology Dividend Aristocrats ETF (TDV) is a ETF from ProShares. Over the past year SCHD returned +31.06% while TDV returned +23.75%. Year to date, SCHD is up 25.58% versus a gain of 19.26% for TDV.
Over three years, SCHD compounded at +15.55% per year against +17.64% for TDV; over five years the annualized figures are +9.61% and +12.13% respectively. Across the full 7-year window we track, TDV has the edge at +16.41% annualized vs +11.46%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDV has been the more volatile fund, with annualized monthly volatility of 19.1% 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 -32.8% for TDV. 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 0.76. 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 3.31% against 1.01% for TDV.
Holdings Overlap
SCHD and TDV share 4 holdings out of 134 unique holdings combined, representing a 6.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $39 per year of difference.
Which performed better, SCHD or TDV?
Over the past year SCHD returned +31.06% vs +23.75% for TDV, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.46% vs +16.41% for TDV. Past performance does not guarantee future results.
Which is riskier, SCHD or TDV?
TDV has been the more volatile fund at 19.1% annualized versus 13.6% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TDV?
SCHD and TDV share 4 common holdings with a 6.6% weight overlap. Combined, they hold 134 unique securities.
Which pays a higher dividend, SCHD or TDV?
SCHD yields 3.31% while TDV yields 1.01%, so SCHD currently pays the higher dividend yield.
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