SCHD vs TEXN
Schwab US Dividend Equity ETF vs iShares Texas Equity ETF
Quick Verdict
SCHD has a lower expense ratio. TEXN delivered stronger 1-year returns. TEXN offers more diversification with 212 holdings.
Side-by-Side Comparison
| Metric | SCHD | TEXN | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.20% | |
| AUM | $103.7B | $16M | |
| Dividend Yield | 3.31% | 1.39% | |
| Holdings | 104 | 215 | |
| YTD Return | +26.21% | +22.89% | |
| 1Y Return | +29.99% | +30.64% | |
| 3Y Return (annualized) | +15.73% | - | |
| 5Y Return (annualized) | +9.67% | - | |
| Volatility (annualized) | 13.6% | 11.1% | |
| Max Drawdown | -33.4% | -8.8% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jun 23, 2025 |
SCHD vs TEXN Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares Texas Equity ETF (TEXN) is a ETF from iShares by BlackRock (US). Over the past year SCHD returned +29.99% while TEXN returned +30.64%. Year to date, SCHD is up 26.21% versus a gain of 22.89% for TEXN.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.1% 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 -33.4% for SCHD and -8.8% for TEXN. 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 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
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 3.31% against 1.39% for TEXN.
Holdings Overlap
SCHD and TEXN share 12 holdings out of 300 unique holdings combined, representing a 13.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $14 per year of difference.
Which performed better, SCHD or TEXN?
Over the past year SCHD returned +29.99% vs +30.64% for TEXN, so TEXN leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.50% vs +29.76% for TEXN. Past performance does not guarantee future results.
Which is riskier, SCHD or TEXN?
SCHD has been the more volatile fund at 13.6% annualized versus 11.1% for TEXN. Worst drawdown: SCHD -33.4% vs TEXN -8.8%.
Should I hold both SCHD and TEXN?
SCHD and TEXN have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TEXN?
SCHD and TEXN share 12 common holdings with a 13.4% weight overlap. Combined, they hold 300 unique securities.
Which pays a higher dividend, SCHD or TEXN?
SCHD yields 3.31% while TEXN yields 1.39%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.