SCHD vs TEXN
Schwab US Dividend Equity ETF vs iShares Texas Equity ETF
Which is better, SCHD or TEXN?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, TEXN over the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 53.2%.
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 | TEXN |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.20% |
| AUM | $112.1B | $19M |
| Dividend Yield | 3.00% | 1.35% |
| Holdings | 103 | 215 |
| YTD Return | +25.07%Best | +24.90% |
| 1Y Return | +27.61%Best | +26.34% |
| 3Y Return (annualized) | +15.74% | - |
| 5Y Return (annualized) | +9.89% | - |
| Volatility (annualized) | 12.7% | 10.8%Best |
| Max Drawdown | -4.6%Best | -8.8% |
| $10,000 over 1.2 years | $13,309 | $13,609Best |
| Top 10 Weight | 41.8%Best | 53.2% |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Jun 23, 2025 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 24, 2025 to Sep 11, 2026 (1.2 years).
SCHD vs TEXN 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 1.2 years both funds cover.
SCHD vs TEXN Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares Texas Equity ETF (TEXN) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +27.61% while TEXN returned +26.34%. Year to date, SCHD is up 25.07% versus a gain of 24.90% for TEXN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 10.8% for TEXN. 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 -4.6% for SCHD and -8.8% for TEXN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TEXN charges 0.20%. On a $10,000 position that is $6 vs $20 annually, a gap of $14 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.35% for TEXN.
Holdings Overlap
17.1% of SCHD's money is in holdings TEXN also owns. 17.1% of TEXN's money is in holdings SCHD also owns.
TEXN and SCHD share little of their money.
12 positions in common, counted across the 100 positions we hold weights for in SCHD and 210 in TEXN, against full books of 103 and 215.
What only one of them owns
Our book lists 194 positions for TEXN that do not appear in our book for SCHD (81.6% of the fund), and 87 for SCHD that do not appear in TEXN (82.8%).
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.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in TEXN | Difference |
|---|---|---|---|
| CVXChevron Corp. | 4.02% | 6.36% | 2.34% |
| TXNTexas Instruments, Inc | 3.13% | 3.95% | 0.82% |
| COPConocophillips Co | 3.94% | 2.69% | 1.25% |
| SLBSchlumberger Nv. | 2.19% | 1.49% | 0.70% |
| EOGEog Resources Inc | 1.88% | 1.29% | 0.59% |
| KMBKimberly-Clark Corp. | 0.87% | 0.59% | 0.28% |
| DINOHollyfrontier | 0.38% | 0.26% | 0.12% |
| APAApa Corp | 0.37% | 0.25% | 0.12% |
| NXSTNexstar Media Group Inc | 0.13% | 0.09% | 0.04% |
| MURMurphy Oil Corp | 0.12% | 0.08% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of SCHD and TEXN 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 TEXN?
SCHD has an expense ratio of 0.06% while TEXN charges 0.20%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, SCHD or TEXN?
Over the past year SCHD returned +27.61% vs +26.34% for TEXN, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +26.90% vs +29.28% for TEXN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TEXN?
SCHD has been the more volatile fund at 12.7% annualized versus 10.8% for TEXN. Worst drawdown: SCHD -4.6% vs TEXN -8.8%.
Should I hold both SCHD and TEXN?
SCHD and TEXN have a monthly-return correlation of 0.37, 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 TEXN?
17.1% of TEXN's money is in holdings SCHD also owns. 17.1% of TEXN's is in holdings SCHD also owns. They hold 12 positions in common, counted across the 100 positions we hold weights for in SCHD and 210 in TEXN.
Which pays a higher dividend, SCHD or TEXN?
SCHD yields 3.00% while TEXN yields 1.35%, so SCHD currently pays the higher dividend yield.
Is TEXN better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TEXN over the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 53.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.