SCHD vs TOPW
Schwab US Dividend Equity ETF vs Roundhill Top WeeklyPay ETF
Which is better, SCHD or TOPW?
Large Cap Value against Option Writing.
SCHD has a lower expense ratio. SCHD led over 1Y, TOPW over the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 95.9%.
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 | TOPW |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.32% |
| AUM | $112.1B | $143M |
| Dividend Yield | 3.00% | 54.15% |
| Holdings | 103 | 13 |
| YTD Return | +21.99%Best | -0.12% |
| 1Y Return | +25.92%Best | -0.12% |
| 3Y Return (annualized) | +15.66% | - |
| 5Y Return (annualized) | +9.48% | - |
| Volatility (annualized) | 12.7% | - |
| Max Drawdown | -12.7%Best | -45.2% |
| $10,000 over 1.5 years | $12,547 | $92,380Best |
| Top 10 Weight | 41.8%Best | 95.9% |
| Fund Family | Charles Schwab Asset Management | Roundhill Investments |
| Category | Equity | Alternative |
| Style | Large Cap Value | Option Writing |
| Inception | Oct 20, 2011 | Sep 4, 2025 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 2, 2025 to Sep 23, 2026 (1.5 years).
SCHD vs TOPW 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 TOPW Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Roundhill Top WeeklyPay ETF (TOPW) is an ETF from Roundhill Investments. Over the past year SCHD returned +25.92% while TOPW returned -0.12%. Year to date, SCHD is up 21.99% versus a loss of 0.12% for TOPW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -12.7% for SCHD and -45.2% for TOPW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
Fees and Cost Over Time
SCHD charges 0.06% per year while TOPW charges 0.32%. On a $10,000 position that is $6 vs $32 annually, a gap of $26 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 54.15% for TOPW.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 12 in TOPW, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 12 in TOPW, against full books of 103 and 13.
What only one of them owns
Measured across the 100 and 12 positions we hold weights for.
SCHD holds 99 positions TOPW does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of SCHD and TOPW 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 TOPW?
SCHD has an expense ratio of 0.06% while TOPW charges 0.32%. SCHD is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, SCHD or TOPW?
Over the past year SCHD returned +25.92% vs -0.12% for TOPW, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +16.33% vs +340.27% for TOPW. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, SCHD or TOPW?
SCHD yields 3.00% while TOPW yields 54.15%, so TOPW currently pays the higher dividend yield.
Is TOPW better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TOPW over the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 95.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.