SCHD vs TLTX

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

MetricSCHDTLTXWinner
Expense Ratio0.06%0.29%
AUM$103.7B$14M
Dividend Yield3.31%17.35%
Holdings10415
YTD Return+25.58%-11.91%
1Y Return+31.06%-10.45%
3Y Return (annualized)+15.55%-
5Y Return (annualized)+9.61%-
Volatility (annualized)13.6%9.3%
Max Drawdown-33.4%-16.4%
Fund FamilyCharles Schwab Asset ManagementGlobal X by mirae Asset
CategoryEquityAlternative
InceptionOct 20, 2011Jul 15, 2025

SCHD vs TLTX Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Global X Treasury Bond Enhanced Income ETF (TLTX) is a ETF from Global X by mirae Asset. Over the past year SCHD returned +31.06% while TLTX returned -10.45%. Year to date, SCHD is up 25.58% versus a loss of 11.91% for TLTX.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 9.3% for TLTX. 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 -16.4% for TLTX. 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 -0.19. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TLTX charges 0.29%. On a $10,000 position that is $6 vs $29 annually, a gap of $23 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 17.35% for TLTX.

Holdings Overlap

0.0%overlap

SCHD and TLTX share 0 holdings out of 101 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 TLTX?

SCHD has an expense ratio of 0.06% while TLTX charges 0.29%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.

Which performed better, SCHD or TLTX?

Over the past year SCHD returned +31.06% vs -10.45% for TLTX, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.46% vs -7.91% for TLTX. Past performance does not guarantee future results.

Which is riskier, SCHD or TLTX?

SCHD has been the more volatile fund at 13.6% annualized versus 9.3% for TLTX. Worst drawdown: SCHD -33.4% vs TLTX -16.4%.

Should I hold both SCHD and TLTX?

SCHD and TLTX have a monthly-return correlation of -0.19, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TLTX?

SCHD and TLTX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, SCHD or TLTX?

SCHD yields 3.31% while TLTX yields 17.35%, so TLTX currently pays the higher dividend yield.

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