SCHD vs TOAK
Schwab US Dividend Equity ETF vs Twin Oak Short Horizon Absolute Return ETF
Which is better, SCHD or TOAK?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | TOAK |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.25% |
| AUM | $112.1B | $105M |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 3 |
| YTD Return | +24.23%Best | +2.27% |
| 1Y Return | +27.90%Best | +3.46% |
| 3Y Return (annualized) | +15.55% | - |
| 5Y Return (annualized) | +9.97% | - |
| Volatility (annualized) | 13.5% | 0.4%Best |
| Max Drawdown | -16.1% | -1.8%Best |
| $10,000 over 2.1 years | $13,348Best | $10,839 |
| Fund Family | Charles Schwab Asset Management | Twin Oak |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Aug 19, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 20, 2024 to Sep 17, 2026 (2.1 years).
SCHD vs TOAK 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 2.1 years both funds cover.
SCHD vs TOAK Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Twin Oak Short Horizon Absolute Return ETF (TOAK) is an ETF from Twin Oak. Over the past year SCHD returned +27.90% while TOAK returned +3.46%. Year to date, SCHD is up 24.23% versus a gain of 2.27% for TOAK.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 0.4% for TOAK. 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 -16.1% for SCHD and -1.8% for TOAK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while TOAK charges 0.25%. On a $10,000 position that is $6 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.00% for TOAK.
You are not choosing between two funds in isolation.
Whichever of SCHD and TOAK 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 TOAK?
SCHD has an expense ratio of 0.06% while TOAK charges 0.25%. SCHD is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, SCHD or TOAK?
Over the past year SCHD returned +27.90% vs +3.46% for TOAK, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +14.74% vs +3.91% for TOAK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TOAK?
SCHD has been the more volatile fund at 13.5% annualized versus 0.4% for TOAK. Worst drawdown: SCHD -16.1% vs TOAK -1.8%.
Should I hold both SCHD and TOAK?
SCHD and TOAK have a monthly-return correlation of 0.00, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or TOAK?
SCHD yields 3.00% while TOAK yields 0.00%, so SCHD currently pays the higher dividend yield.
Is TOAK better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.