SCHD vs TIPD

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

MetricSCHDTIPDWinner
Expense Ratio0.06%0.10%
AUM$103.7B-
Dividend Yield3.31%-
Holdings10427
YTD Return+24.26%-0.56%
1Y Return+31.38%+1.30%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%5.5%
Max Drawdown-33.4%-4.0%
Fund FamilyCharles Schwab Asset ManagementNorthern Trust Asset Management
CategoryEquityFixed Income
InceptionOct 20, 2011Mar 1, 2025

SCHD vs TIPD Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Northern Trust 2055 Inflation-Linked Distributing Ladder ETF (TIPD) is a ETF from Northern Trust Asset Management. Over the past year SCHD returned +31.38% while TIPD returned +1.30%. Year to date, SCHD is up 24.26% versus a loss of 0.56% for TIPD.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 5.5% for TIPD. 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 -4.0% for TIPD. 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 0.15. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TIPD charges 0.10%. On a $10,000 position that is $6 vs $10 annually, a gap of $4 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

SCHD and TIPD share 0 holdings out of 124 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 TIPD?

SCHD has an expense ratio of 0.06% while TIPD charges 0.10%. SCHD is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

Which performed better, SCHD or TIPD?

Over the past year SCHD returned +31.38% vs +1.30% for TIPD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, SCHD or TIPD?

SCHD has been the more volatile fund at 13.6% annualized versus 5.5% for TIPD. Worst drawdown: SCHD -33.4% vs TIPD -4.0%.

Should I hold both SCHD and TIPD?

SCHD and TIPD have a monthly-return correlation of 0.15, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TIPD?

SCHD and TIPD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 124 unique securities.

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