SCHD vs TEKX
Schwab US Dividend Equity ETF vs State Street Galaxy Transformative Tech Accelerators ETF
Which is better, SCHD or TEKX?
Large Cap Value against Mid Cap Growth.
SCHD has a lower expense ratio. TEKX led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 63.0%.
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 | TEKX |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.65% |
| AUM | $112.1B | $15M |
| Dividend Yield | 3.00% | 0.23% |
| Holdings | 103 | 36 |
| YTD Return | +23.46% | +62.27%Best |
| 1Y Return | +27.20% | +68.76%Best |
| 3Y Return (annualized) | +15.41% | - |
| 5Y Return (annualized) | +10.16% | - |
| Volatility (annualized) | 13.9%Best | 47.0% |
| Max Drawdown | -16.1%Best | -43.8% |
| $10,000 over 2 years | $13,051 | $28,332Best |
| Top 10 Weight | 41.8%Best | 63.0% |
| Fund Family | Charles Schwab Asset Management | SPDR State Street Global Advisors |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Growth |
| Inception | Oct 20, 2011 | Sep 9, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 18, 2026 (2 years).
SCHD vs TEKX 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 2 years both funds cover.
SCHD vs TEKX Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and State Street Galaxy Transformative Tech Accelerators ETF (TEKX) is an ETF from SPDR State Street Global Advisors. Over the past year SCHD returned +27.20% while TEKX returned +68.76%. Year to date, SCHD is up 23.46% versus a gain of 62.27% for TEKX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TEKX has been the more volatile fund, with annualized monthly volatility of 47.0% 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 -16.1% for SCHD and -43.8% for TEKX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while TEKX charges 0.65%. On a $10,000 position that is $6 vs $65 annually, a gap of $59 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.23% for TEKX.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 34 in TEKX, totalling 100.0% and 100.0% 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 34 in TEKX, against full books of 103 and 36.
What only one of them owns
Our book lists 28 positions for TEKX that do not appear in our book for SCHD (85.1% of the fund), and 99 for SCHD that do not appear in TEKX (99.9%).
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 TEKX 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 TEKX?
SCHD has an expense ratio of 0.06% while TEKX charges 0.65%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, SCHD or TEKX?
Over the past year SCHD returned +27.20% vs +68.76% for TEKX, so TEKX leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +14.24% vs +68.32% for TEKX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TEKX?
TEKX has been the more volatile fund at 47.0% annualized versus 13.9% for SCHD. Worst drawdown: SCHD -16.1% vs TEKX -43.8%.
Should I hold both SCHD and TEKX?
SCHD and TEKX have a monthly-return correlation of 0.19, 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 TEKX?
SCHD yields 3.00% while TEKX yields 0.23%, so SCHD currently pays the higher dividend yield.
Is TEKX better than SCHD?
SCHD has a lower expense ratio. TEKX led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 63.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.