SCHD vs TDVI
Schwab US Dividend Equity ETF vs FT Vest Technology Dividend Target Income ETF
Which is better, SCHD or TDVI?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, TDVI over 3Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 50.9%.
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 | TDVI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.75% |
| AUM | $112.2B | $574M |
| Dividend Yield | 3.13% | 7.62% |
| Holdings | 103 | 97 |
| YTD Return | +26.13%Best | +16.11% |
| 1Y Return | +30.01%Best | +19.95% |
| 3Y Return (annualized) | +16.09% | +16.27%Best |
| 5Y Return (annualized) | +9.95% | - |
| Volatility (annualized) | 13.4%Best | 22.8% |
| Max Drawdown | -16.1%Best | -25.9% |
| $10,000 over 3.1 years | $15,548 | $16,012Best |
| Top 10 Weight | 41.5%Best | 50.9% |
| Fund Family | Charles Schwab Asset Management | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Aug 9, 2023 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 10, 2023 to Sep 8, 2026 (3.1 years).
SCHD vs TDVI 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 3.1 years both funds cover.
SCHD vs TDVI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and FT Vest Technology Dividend Target Income ETF (TDVI) is an ETF from First Trust Portfolios (US). Over the past year SCHD returned +30.01% while TDVI returned +19.95%. Year to date, SCHD is up 26.13% versus a gain of 16.11% for TDVI.
Over three years, SCHD compounded at +16.09% per year against +16.27% for TDVI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TDVI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 13.4% 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 -16.1% for SCHD and -25.9% for TDVI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TDVI charges 0.75%. On a $10,000 position that is $6 vs $75 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 7.62% for TDVI.
Holdings Overlap
12.4% of SCHD's money is in holdings TDVI also owns. 14.1% of TDVI's money is in holdings SCHD also owns.
TDVI and SCHD share little of their money.
5 positions in common, counted across the 100 positions we hold weights for in SCHD and 93 in TDVI, against full books of 103 and 97.
What only one of them owns
Our book lists 71 positions for TDVI that do not appear in our book for SCHD (71.5% of the fund), and 93 for SCHD that do not appear in TDVI (87.2%).
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 TDVI 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 TDVI?
SCHD has an expense ratio of 0.06% while TDVI charges 0.75%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, SCHD or TDVI?
Over the past year SCHD returned +30.01% vs +19.95% for TDVI, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TDVI?
TDVI has been the more volatile fund at 22.8% annualized versus 13.4% for SCHD. Worst drawdown: SCHD -16.1% vs TDVI -25.9%.
Should I hold both SCHD and TDVI?
SCHD and TDVI have a monthly-return correlation of 0.39, 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 TDVI?
14.1% of TDVI's money is in holdings SCHD also owns. 14.1% of TDVI's is in holdings SCHD also owns. They hold 5 positions in common, counted across the 100 positions we hold weights for in SCHD and 93 in TDVI.
Which pays a higher dividend, SCHD or TDVI?
SCHD yields 3.13% while TDVI yields 7.62%, so TDVI currently pays the higher dividend yield.
Is TDVI better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TDVI over 3Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.