SCHD vs TGRW
Schwab US Dividend Equity ETF vs T. Rowe Price Growth Stock ETF
Which is better, SCHD or TGRW?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, 5Y and the full window, TGRW over 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 60.2%.
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 | TGRW |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.52% |
| AUM | $112.1B | $1.0B |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 69 |
| YTD Return | +21.99%Best | +5.41% |
| 1Y Return | +25.92%Best | +6.14% |
| 3Y Return (annualized) | +15.66% | +21.15%Best |
| 5Y Return (annualized) | +9.48%Best | +7.50% |
| Volatility (annualized) | 15.3%Best | 20.0% |
| Max Drawdown | -16.9%Best | -43.3% |
| $10,000 over 5 years | $15,728Best | $14,356 |
| Top 10 Weight | 41.8%Best | 60.2% |
| Fund Family | Charles Schwab Asset Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Aug 4, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Aug 5, 2020 to Sep 23, 2026 (6.1 years).
SCHD vs TGRW 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 6.1 years both funds cover.
SCHD vs TGRW Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and T. Rowe Price Growth Stock ETF (TGRW) is an ETF from T.Rowe Price. Over the past year SCHD returned +25.92% while TGRW returned +6.14%. Year to date, SCHD is up 21.99% versus a gain of 5.41% for TGRW.
Over three years, SCHD compounded at +15.66% per year against +21.15% for TGRW; over five years the annualized figures are +9.48% and +7.50% respectively. Across the full 6-year window we track, SCHD has the edge at +13.55% annualized vs +11.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TGRW has been the more volatile fund, with annualized monthly volatility of 20.0% compared with 15.3% 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 -16.9% for SCHD and -43.3% for TGRW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TGRW charges 0.52%. On a $10,000 position that is $6 vs $52 annually, a gap of $46 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.00% for TGRW.
Holdings Overlap
3.8% of SCHD's money is in holdings TGRW also owns. 0.4% of TGRW's money is in holdings SCHD also owns.
SCHD and TGRW share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 70 in TGRW, against full books of 103 and 69.
What only one of them owns
Our book lists 62 positions for TGRW that do not appear in our book for SCHD (92.3% of the fund), and 98 for SCHD that do not appear in TGRW (96.1%).
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 TGRW | Difference |
|---|---|---|---|
| UNHUnitedhealth Group Incorporated | 3.82% | 0.40% | 3.42% |
You are not choosing between two funds in isolation.
Whichever of SCHD and TGRW 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 TGRW?
SCHD has an expense ratio of 0.06% while TGRW charges 0.52%. SCHD is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, SCHD or TGRW?
Over the past year SCHD returned +25.92% vs +6.14% for TGRW, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +13.55% vs +11.26% for TGRW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TGRW?
TGRW has been the more volatile fund at 20.0% annualized versus 15.3% for SCHD. Worst drawdown: SCHD -16.9% vs TGRW -43.3%.
Should I hold both SCHD and TGRW?
SCHD and TGRW have a monthly-return correlation of 0.45, 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 TGRW?
3.8% of SCHD's money is in holdings TGRW also owns. 0.4% of TGRW's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in SCHD and 70 in TGRW.
Which pays a higher dividend, SCHD or TGRW?
SCHD yields 3.00% while TGRW yields 0.00%, so SCHD currently pays the higher dividend yield.
Is TGRW better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 5Y and the full window, TGRW over 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 60.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.