SCHD vs TSI
Schwab US Dividend Equity ETF vs TCW Strategic Income Fund Inc.
Which is better, SCHD or TSI?
Large Cap Value against Diversified Sectoral Bond.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y 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 | TSI |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.03% |
| AUM | $112.1B | - |
| Dividend Yield | 3.00% | 7.68% |
| Holdings | 103 | 746 |
| YTD Return | +25.88%Best | -9.44% |
| 1Y Return | +30.22%Best | -7.31% |
| 3Y Return (annualized) | +16.05%Best | +4.90% |
| 5Y Return (annualized) | +10.17%Best | +1.37% |
| Volatility (annualized) | 13.6% | 8.9%Best |
| Max Drawdown | -33.4% | -30.0%Best |
| $10,000 over 5 years | $16,230Best | $10,704 |
| Fund Family | Charles Schwab Asset Management | TCW Funds |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | Diversified Sectoral Bond |
| Inception | Oct 20, 2011 | Mar 5, 1987 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 14, 2026 (14.9 years).
SCHD vs TSI 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 TSI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and TCW Strategic Income Fund Inc. (TSI) is an ETF from TCW Funds. Over the past year SCHD returned +30.22% while TSI returned -7.31%. Year to date, SCHD is up 25.88% versus a loss of 9.44% for TSI.
Over three years, SCHD compounded at +16.05% per year against +4.90% for TSI; over five years the annualized figures are +10.17% and +1.37% respectively. Across the full 15-year window we track, SCHD has the edge at +11.41% annualized vs +1.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.9% for TSI. 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 -30.0% for TSI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSI charges 1.03%. On a $10,000 position that is $6 vs $103 annually, a gap of $97 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 7.68% for TSI.
Holdings Overlap
At least 4.0% of SCHD's money is in holdings TSI also owns.
Stated as a floor: for TSI, our book for it covers 24.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and TSI share little of their money.
The two holdings books were reported 153 days apart, SCHD as of Aug 31, 2026 and TSI as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 100 positions we hold weights for in SCHD and 247 in TSI, against full books of 103 and 746.
You are not choosing between two funds in isolation.
Whichever of SCHD and TSI 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 TSI?
SCHD has an expense ratio of 0.06% while TSI charges 1.03%. SCHD is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, SCHD or TSI?
Over the past year SCHD returned +30.22% vs -7.31% for TSI, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.41% vs +1.72% for TSI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TSI?
SCHD has been the more volatile fund at 13.6% annualized versus 8.9% for TSI. Worst drawdown: SCHD -33.4% vs TSI -30.0%.
Should I hold both SCHD and TSI?
SCHD and TSI have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and TSI?
At least 4.0% of SCHD's money is in holdings TSI also owns. Our book for TSI is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 100 positions we hold weights for in SCHD and 247 in TSI.
Which pays a higher dividend, SCHD or TSI?
SCHD yields 3.00% while TSI yields 7.68%, so TSI currently pays the higher dividend yield.
Is TSI better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.