SCHD vs TRSY

Quick Verdict

SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: TiedHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDTRSYWinner
Expense Ratio0.06%0.06%
AUM$103.7B$80M
Dividend Yield3.31%3.72%
Holdings10488
YTD Return+25.33%+0.28%
1Y Return+32.31%+1.56%
3Y Return (annualized)+15.40%-
5Y Return (annualized)+9.70%-
Volatility (annualized)13.6%0.6%
Max Drawdown-33.4%-0.8%
Fund FamilyCharles Schwab Asset ManagementXtrackers ETFs
CategoryEquityFixed Income
InceptionOct 20, 2011Oct 9, 2024

SCHD vs TRSY Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Xtrackers US 0-1 Year Treasury ETF (TRSY) is a ETF from Xtrackers ETFs. Over the past year SCHD returned +32.31% while TRSY returned +1.56%. Year to date, SCHD is up 25.33% versus a gain of 0.28% for TRSY.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 0.6% for TRSY. 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 -0.8% for TRSY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.22. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TRSY charges 0.06%. On a $10,000 position that is $6 vs $6 annually. On income, SCHD currently yields 3.31% against 3.72% for TRSY.

Holdings Overlap

0.0%overlap

SCHD and TRSY share 0 holdings out of 148 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, SCHD or TRSY?

SCHD has an expense ratio of 0.06% while TRSY charges 0.06%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, SCHD or TRSY?

Over the past year SCHD returned +32.31% vs +1.56% for TRSY, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.45% vs +2.83% for TRSY. Past performance does not guarantee future results.

Which is riskier, SCHD or TRSY?

SCHD has been the more volatile fund at 13.6% annualized versus 0.6% for TRSY. Worst drawdown: SCHD -33.4% vs TRSY -0.8%.

Should I hold both SCHD and TRSY?

SCHD and TRSY have a monthly-return correlation of -0.22, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TRSY?

SCHD and TRSY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 148 unique securities.

Which pays a higher dividend, SCHD or TRSY?

SCHD yields 3.31% while TRSY yields 3.72%, so TRSY currently pays the higher dividend yield.

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