SCHD vs TESL

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDTESLWinner
Expense Ratio0.06%0.97%
AUM$103.7B$13M
Dividend Yield3.31%23.54%
Holdings10417
YTD Return+25.62%-22.63%
1Y Return+32.62%-39.53%
3Y Return (annualized)+15.58%+20.74%
5Y Return (annualized)+9.63%+5.63%
Volatility (annualized)13.6%54.8%
Max Drawdown-33.4%-69.1%
Fund FamilyCharles Schwab Asset ManagementSimplify Exchange Traded Funds
CategoryEquityEquity
InceptionOct 20, 2011Dec 28, 2020

SCHD vs TESL Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Simplify Volt TSLA Revolution ETF (TESL) is a ETF from Simplify Exchange Traded Funds. Over the past year SCHD returned +32.62% while TESL returned -39.53%. Year to date, SCHD is up 25.62% versus a loss of 22.63% for TESL.

Over three years, SCHD compounded at +15.58% per year against +20.74% for TESL; over five years the annualized figures are +9.63% and +5.63% respectively. Across the full 6-year window we track, SCHD has the edge at +11.47% annualized vs +3.87%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TESL has been the more volatile fund, with annualized monthly volatility of 54.8% 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 -69.1% for TESL. 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TESL charges 0.97%. On a $10,000 position that is $6 vs $97 annually, a gap of $91 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 23.54% for TESL.

Holdings Overlap

0.0%overlap

SCHD and TESL share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, SCHD or TESL?

SCHD has an expense ratio of 0.06% while TESL charges 0.97%. SCHD is the cheaper option. On a $10,000 investment, that is $91 per year of difference.

Which performed better, SCHD or TESL?

Over the past year SCHD returned +32.62% vs -39.53% for TESL, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +11.47% vs +3.87% for TESL. Past performance does not guarantee future results.

Which is riskier, SCHD or TESL?

TESL has been the more volatile fund at 54.8% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TESL -69.1%.

Should I hold both SCHD and TESL?

SCHD and TESL have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TESL?

SCHD and TESL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, SCHD or TESL?

SCHD yields 3.31% while TESL yields 23.54%, so TESL currently pays the higher dividend yield.

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