SCHD vs TPAY

SCHD vs TPAY

Which is better, SCHD or TPAY?

Large Cap Value against Option Writing.

SCHD has a lower expense ratio. SCHD led over 1Y, 5Y and the full window.

Lower Fees: SCHDHigher Returns: SCHD

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

MetricSCHDTPAY
Expense Ratio0.06%Best0.49%
AUM$112.1B$2M
Dividend Yield3.00%4.67%
Holdings1034
YTD Return+23.60%Best+6.57%
1Y Return+28.29%Best+6.57%
3Y Return (annualized)+16.25%-
5Y Return (annualized)+10.25%Best+3.81%
Volatility (annualized)16.3%Best55.9%
Max Drawdown-33.4%Best-49.6%
$10,000 over 5 years$16,289Best$12,056
Fund FamilyCharles Schwab Asset ManagementRoundhill Investments
CategoryEquityAlternative
StyleLarge Cap ValueOption Writing
InceptionOct 20, 2011Feb 18, 2026

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Feb 1, 2019 to Sep 21, 2026 (7.6 years).

SCHD vs TPAY 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 7.6 years both funds cover.

SCHD vs TPAY Performance

Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Roundhill S&P 500 Target 10 Managed Distribution ETF (TPAY) is an ETF from Roundhill Investments. Over the past year SCHD returned +28.29% while TPAY returned +6.57%. Year to date, SCHD is up 23.60% versus a gain of 6.57% for TPAY.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TPAY has been the more volatile fund, with annualized monthly volatility of 55.9% compared with 16.3% for SCHD. 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 -49.6% for TPAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.48. They move together some of the time, and apart the rest.

Fees and Cost Over Time

SCHD charges 0.06% per year while TPAY 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 3.00% against 4.67% for TPAY.

You are not choosing between two funds in isolation.

Whichever of SCHD and TPAY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

SCHDTPAY

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Frequently Asked Questions

Which is cheaper, SCHD or TPAY?

SCHD has an expense ratio of 0.06% while TPAY charges 0.49%. SCHD is the cheaper option, by $43 a year on a $10,000 investment.

Which performed better, SCHD or TPAY?

Over the past year SCHD returned +28.29% vs +6.57% for TPAY, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), SCHD annualized +12.49% vs +10.91% for TPAY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, SCHD or TPAY?

TPAY has been the more volatile fund at 55.9% annualized versus 16.3% for SCHD. Worst drawdown: SCHD -33.4% vs TPAY -49.6%.

Should I hold both SCHD and TPAY?

SCHD and TPAY have a monthly-return correlation of 0.48, 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 TPAY?

SCHD yields 3.00% while TPAY yields 4.67%, so TPAY currently pays the higher dividend yield.

Is TPAY better than SCHD?

SCHD has a lower expense ratio. SCHD led over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.