SCHD vs TEST
Schwab US Dividend Equity ETF vs YieldMax TSLA Performance & Distribution Target 25 ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | SCHD | TEST | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.01% | |
| AUM | $108.7B | $3M | |
| Dividend Yield | 3.13% | 22.89% | |
| Holdings | 104 | 10 | |
| YTD Return | +27.67% | -22.18% | |
| 1Y Return | +29.56% | - | |
| 3Y Return (annualized) | +16.53% | - | |
| 5Y Return (annualized) | +9.95% | - | |
| Volatility (annualized) | 13.6% | - | |
| Max Drawdown | -33.4% | -36.8% | |
| Fund Family | Charles Schwab Asset Management | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Nov 17, 2025 |
SCHD vs TEST Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and YieldMax TSLA Performance & Distribution Target 25 ETF (TEST) is a ETF from YieldMax ETF. Year to date, SCHD is up 27.67% versus a loss of 22.18% for TEST.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -36.8% for TEST. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
SCHD charges 0.06% per year while TEST charges 1.01%. On a $10,000 position that is $6 vs $101 annually, a gap of $95 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 22.89% for TEST.
Holdings Overlap
SCHD and TEST share 0 holdings out of 103 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 TEST?
SCHD has an expense ratio of 0.06% while TEST charges 1.01%. SCHD is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
What is the holdings overlap between SCHD and TEST?
SCHD and TEST share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, SCHD or TEST?
SCHD yields 3.13% while TEST yields 22.89%, so TEST currently pays the higher dividend yield.
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