SCHD vs TSLW
Schwab US Dividend Equity ETF vs Roundhill TSLA WeeklyPay ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | TSLW | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.99% | |
| AUM | $103.7B | $66M | |
| Dividend Yield | 3.31% | 13.00% | |
| Holdings | 104 | 5 | |
| YTD Return | +26.21% | -39.32% | |
| 1Y Return | +29.99% | -19.63% | |
| 3Y Return (annualized) | +15.73% | - | |
| 5Y Return (annualized) | +9.67% | - | |
| Volatility (annualized) | 13.6% | 58.9% | |
| Max Drawdown | -33.4% | -54.3% | |
| Fund Family | Charles Schwab Asset Management | Roundhill Investments | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Feb 19, 2025 |
SCHD vs TSLW Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Roundhill TSLA WeeklyPay ETF (TSLW) is a ETF from Roundhill Investments. Over the past year SCHD returned +29.99% while TSLW returned -19.63%. Year to date, SCHD is up 26.21% versus a loss of 39.32% for TSLW.
Risk: Volatility and Drawdowns
TSLW has been the more volatile fund, with annualized monthly volatility of 58.9% 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 -54.3% for TSLW. 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 -0.31. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSLW charges 0.99%. On a $10,000 position that is $6 vs $99 annually, a gap of $93 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 13.00% for TSLW.
Holdings Overlap
SCHD and TSLW share 0 holdings out of 102 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 TSLW?
SCHD has an expense ratio of 0.06% while TSLW charges 0.99%. SCHD is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, SCHD or TSLW?
Over the past year SCHD returned +29.99% vs -19.63% for TSLW, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.50% vs -8.63% for TSLW. Past performance does not guarantee future results.
Which is riskier, SCHD or TSLW?
TSLW has been the more volatile fund at 58.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSLW -54.3%.
Should I hold both SCHD and TSLW?
SCHD and TSLW have a monthly-return correlation of -0.31, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TSLW?
SCHD and TSLW share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, SCHD or TSLW?
SCHD yields 3.31% while TSLW yields 13.00%, so TSLW currently pays the higher dividend yield.
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