SCHD vs TSLP
Schwab US Dividend Equity ETF vs Kurv Yield Premium Strategy Tesla ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | SCHD | TSLP | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.00% | |
| AUM | $108.7B | $16M | |
| Dividend Yield | 3.13% | 38.82% | |
| Holdings | 104 | 11 | |
| YTD Return | +27.93% | -37.89% | |
| 1Y Return | +30.06% | -24.12% | |
| 3Y Return (annualized) | +16.25% | - | |
| 5Y Return (annualized) | +10.03% | - | |
| Volatility (annualized) | 13.6% | 50.0% | |
| Max Drawdown | -33.4% | -67.7% | |
| Fund Family | Charles Schwab Asset Management | Kurv | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Oct 27, 2023 |
SCHD vs TSLP Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Kurv Yield Premium Strategy Tesla ETF (TSLP) is a ETF from Kurv. Over the past year SCHD returned +30.06% while TSLP returned -24.12%. Year to date, SCHD is up 27.93% versus a loss of 37.89% for TSLP.
Risk: Volatility and Drawdowns
TSLP has been the more volatile fund, with annualized monthly volatility of 50.0% compared with 13.6% 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 -67.7% for TSLP. 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 -0.15. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSLP charges 1.00%. On a $10,000 position that is $6 vs $100 annually, a gap of $94 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 38.82% for TSLP.
Holdings Overlap
SCHD and TSLP share 0 holdings out of 101 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 TSLP?
SCHD has an expense ratio of 0.06% while TSLP charges 1.00%. SCHD is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, SCHD or TSLP?
Over the past year SCHD returned +30.06% vs -24.12% for TSLP, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.56% vs -17.46% for TSLP. Past performance does not guarantee future results.
Which is riskier, SCHD or TSLP?
TSLP has been the more volatile fund at 50.0% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSLP -67.7%.
Should I hold both SCHD and TSLP?
SCHD and TSLP have a monthly-return correlation of -0.15, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TSLP?
SCHD and TSLP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or TSLP?
SCHD yields 3.13% while TSLP yields 38.82%, so TSLP currently pays the higher dividend yield.
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