SCHD vs TSLY
Schwab US Dividend Equity ETF vs YieldMax TSLA Option Income Strategy 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 | TSLY | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.04% | |
| AUM | $103.7B | $641M | |
| Dividend Yield | 3.31% | 83.30% | |
| Holdings | 104 | 23 | |
| YTD Return | +24.26% | -20.71% | |
| 1Y Return | +31.38% | +3.87% | |
| 3Y Return (annualized) | +15.08% | +1.64% | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 46.2% | |
| Max Drawdown | -33.4% | -49.5% | |
| Fund Family | Charles Schwab Asset Management | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Nov 22, 2022 |
SCHD vs TSLY Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and YieldMax TSLA Option Income Strategy ETF (TSLY) is a ETF from YieldMax ETF. Over the past year SCHD returned +31.38% while TSLY returned +3.87%. Year to date, SCHD is up 24.26% versus a loss of 20.71% for TSLY.
Over three years, SCHD compounded at +15.08% per year against +1.64% for TSLY. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs +5.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLY has been the more volatile fund, with annualized monthly volatility of 46.2% 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 -49.5% for TSLY. 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 0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSLY charges 1.04%. On a $10,000 position that is $6 vs $104 annually, a gap of $98 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 83.30% for TSLY.
Holdings Overlap
SCHD and TSLY 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 TSLY?
SCHD has an expense ratio of 0.06% while TSLY charges 1.04%. SCHD is the cheaper option. On a $10,000 investment, that is $98 per year of difference.
Which performed better, SCHD or TSLY?
Over the past year SCHD returned +31.38% vs +3.87% for TSLY, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.39% vs +5.91% for TSLY. Past performance does not guarantee future results.
Which is riskier, SCHD or TSLY?
TSLY has been the more volatile fund at 46.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSLY -49.5%.
Should I hold both SCHD and TSLY?
SCHD and TSLY have a monthly-return correlation of 0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TSLY?
SCHD and TSLY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, SCHD or TSLY?
SCHD yields 3.31% while TSLY yields 83.30%, so TSLY currently pays the higher dividend yield.
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