SCHD vs TMID
Schwab US Dividend Equity ETF vs T. Rowe Price Mid-Cap Equity Research ETF
Which is better, SCHD or TMID?
Large Cap Value against Mid Cap Blend.
SCHD has a lower expense ratio. TMID is less concentrated, with 9.6% of the fund in its ten largest positions against 41.6%.
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 | TMID |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.47% |
| AUM | $111.6B | $12M |
| Dividend Yield | 3.24% | 0.00% |
| Holdings | 206 | 391 |
| YTD Return | +24.55%Best | +0.46% |
| 1Y Return | +29.85% | - |
| 3Y Return (annualized) | +16.64% | - |
| 5Y Return (annualized) | +9.54% | - |
| Top 10 Weight | 41.6% | 9.6%Best |
| Fund Family | Charles Schwab Asset Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Blend |
| Inception | Oct 20, 2011 | Sep 16, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SCHD vs TMID 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs TMID Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and T. Rowe Price Mid-Cap Equity Research ETF (TMID) is an ETF from T.Rowe Price. Year to date, SCHD is up 24.55% versus a gain of 0.46% for TMID.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while TMID charges 0.47%. On a $10,000 position that is $6 vs $47 annually, a gap of $41 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 0.00% for TMID.
Holdings Overlap
6.1% of SCHD's money is in holdings TMID also owns. 1.9% of TMID's money is in holdings SCHD also owns.
SCHD and TMID share little of their money.
11 positions in common, counted across the 98 positions we hold weights for in SCHD and 391 in TMID, against full books of 206 and 391.
What only one of them owns
Our book lists 356 positions for TMID that do not appear in our book for SCHD (92.2% of the fund), and 86 for SCHD that do not appear in TMID (93.6%).
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 TMID | Difference |
|---|---|---|---|
| FASTFastenal Co. | 1.50% | 0.11% | 1.39% |
| ADMArcher-daniels D | 1.00% | 0.10% | 0.90% |
| ARESAres Management Corp A | 0.68% | 0.27% | 0.41% |
| PAYXPaychex, Inc. | 0.81% | 0.06% | 0.75% |
| COLBColumbia Banking System Inc Common Stock | 0.21% | 0.54% | 0.33% |
| HSYHershey Co. | 0.60% | 0.13% | 0.47% |
| BRBroadridge Financial Solutions, Inc. | 0.46% | 0.27% | 0.19% |
| SNASnap-On Inc. | 0.49% | 0.23% | 0.26% |
| BAHBooz Allen Hamilton Holding Corp. | 0.21% | 0.07% | 0.14% |
| RHIRobert Half International Inc. | 0.09% | 0.14% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of SCHD and TMID 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 TMID?
SCHD has an expense ratio of 0.06% while TMID charges 0.47%. SCHD is the cheaper option, by $41 a year on a $10,000 investment.
What is the holdings overlap between SCHD and TMID?
6.1% of SCHD's money is in holdings TMID also owns. 1.9% of TMID's is in holdings SCHD also owns. They hold 11 positions in common, counted across the 98 positions we hold weights for in SCHD and 391 in TMID.
Which pays a higher dividend, SCHD or TMID?
SCHD yields 3.24% while TMID yields 0.00%, so SCHD currently pays the higher dividend yield.
Is TMID better than SCHD?
SCHD has a lower expense ratio. TMID is less concentrated, with 9.6% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.