SCHD vs TNXT
Schwab US Dividend Equity ETF vs T. Rowe Price Innovation Leaders ETF
Quick Verdict
SCHD has a lower expense ratio. TNXT offers more diversification with 347 holdings.
Side-by-Side Comparison
| Metric | SCHD | TNXT | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.49% | |
| AUM | $108.7B | $19M | |
| Dividend Yield | 3.13% | 0.00% | |
| Holdings | 104 | 347 | |
| YTD Return | +28.48% | +14.92% | |
| 1Y Return | +30.95% | - | |
| 3Y Return (annualized) | +16.80% | - | |
| 5Y Return (annualized) | +10.27% | - | |
| Volatility (annualized) | 13.7% | - | |
| Max Drawdown | -33.4% | -13.0% | |
| Fund Family | Charles Schwab Asset Management | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jan 28, 2026 |
SCHD vs TNXT Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and T. Rowe Price Innovation Leaders ETF (TNXT) is a ETF from T.Rowe Price. Year to date, SCHD is up 28.48% versus a gain of 14.92% for TNXT.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -13.0% for TNXT. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
SCHD charges 0.06% per year while TNXT charges 0.49%. On a $10,000 position that is $6 vs $49 annually, a gap of $43 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 0.00% for TNXT.
Holdings Overlap
SCHD and TNXT share 10 holdings out of 376 unique holdings combined, representing a 4.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or TNXT?
SCHD has an expense ratio of 0.06% while TNXT charges 0.49%. SCHD is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
What is the holdings overlap between SCHD and TNXT?
SCHD and TNXT share 10 common holdings with a 4.3% weight overlap. Combined, they hold 376 unique securities.
Which pays a higher dividend, SCHD or TNXT?
SCHD yields 3.13% while TNXT yields 0.00%, so SCHD currently pays the higher dividend yield.
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