SCHD vs TSME
Schwab US Dividend Equity ETF vs Thrivent Small-Mid Cap Equity ETF
Which is better, SCHD or TSME?
Large Cap Value against Mid Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, TSME over 3Y and the full window. TSME is less concentrated, with 23.7% of the fund in its ten largest positions against 41.8%.
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 | TSME |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.65% |
| AUM | $112.1B | $869M |
| Dividend Yield | 3.00% | 0.15% |
| Holdings | 103 | 68 |
| YTD Return | +23.68%Best | +9.55% |
| 1Y Return | +28.36%Best | +9.71% |
| 3Y Return (annualized) | +16.20% | +18.75%Best |
| 5Y Return (annualized) | +10.07% | - |
| Volatility (annualized) | 13.4%Best | 21.3% |
| Max Drawdown | -16.1%Best | -26.6% |
| $10,000 over 4 years | $16,695 | $18,320Best |
| Top 10 Weight | 41.8% | 23.7%Best |
| Fund Family | Charles Schwab Asset Management | Thrivent Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Growth |
| Inception | Oct 20, 2011 | Oct 5, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 5, 2022 to Sep 22, 2026 (4 years).
SCHD vs TSME 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 covers the 4 years both funds cover.
SCHD vs TSME Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Thrivent Small-Mid Cap Equity ETF (TSME) is an ETF from Thrivent Funds. Over the past year SCHD returned +28.36% while TSME returned +9.71%. Year to date, SCHD is up 23.68% versus a gain of 9.55% for TSME.
Over three years, SCHD compounded at +16.20% per year against +18.75% for TSME. Across the full 4-year window we track, TSME has the edge at +16.34% annualized vs +13.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSME has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 13.4% 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 -16.1% for SCHD and -26.6% for TSME. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSME charges 0.65%. On a $10,000 position that is $6 vs $65 annually, a gap of $59 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.15% for TSME.
Holdings Overlap
0.1% of SCHD's money is in holdings TSME also owns. 2.1% of TSME's money is in holdings SCHD also owns.
TSME and SCHD share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 71 in TSME, against full books of 103 and 68.
What only one of them owns
Our book lists 64 positions for TSME that do not appear in our book for SCHD (88.5% of the fund), and 98 for SCHD that do not appear in TSME (99.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in TSME | Difference |
|---|---|---|---|
| AGMFederal Agricultural Mortgage Corp | 0.05% | 2.14% | 2.09% |
You are not choosing between two funds in isolation.
Whichever of SCHD and TSME 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 TSME?
SCHD has an expense ratio of 0.06% while TSME charges 0.65%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, SCHD or TSME?
Over the past year SCHD returned +28.36% vs +9.71% for TSME, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +13.67% vs +16.34% for TSME. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TSME?
TSME has been the more volatile fund at 21.3% annualized versus 13.4% for SCHD. Worst drawdown: SCHD -16.1% vs TSME -26.6%.
Should I hold both SCHD and TSME?
SCHD and TSME have a monthly-return correlation of 0.63, 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 TSME?
2.1% of TSME's money is in holdings SCHD also owns. 2.1% of TSME's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in SCHD and 71 in TSME.
Which pays a higher dividend, SCHD or TSME?
SCHD yields 3.00% while TSME yields 0.15%, so SCHD currently pays the higher dividend yield.
Is TSME better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TSME over 3Y and the full window. TSME is less concentrated, with 23.7% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.