SCHD vs TSYW
Schwab US Dividend Equity ETF vs Roundhill Treasury Bond WeeklyPay ETF
Which is better, SCHD or TSYW?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y.
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 | TSYW |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.99% |
| AUM | $119.9B | $3M |
| Dividend Yield | 2.96% | 13.49% |
| Holdings | 204 | 9 |
| YTD Return | +32.75%Best | -15.65% |
| 1Y Return | +36.78%Best | -18.04% |
| 3Y Return (annualized) | +20.20% | - |
| 5Y Return (annualized) | +10.24% | - |
| Volatility (annualized) | 16.6% | 13.9%Best |
| Fund Family | Charles Schwab Asset Management | Roundhill Investments |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Nov 13, 2025 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
SCHD vs TSYW 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 TSYW Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Roundhill Treasury Bond WeeklyPay ETF (TSYW) is an ETF from Roundhill Investments. Over the past year SCHD returned +36.78% while TSYW returned -18.04%. Year to date, SCHD is up 32.75% versus a loss of 15.65% for TSYW.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 13.9% for TSYW. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSYW 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 2.96% against 13.49% for TSYW.
Holdings Overlap
We hold position weights for 98 holdings in SCHD and 1 in TSYW, totalling 99.8% and 39.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 98 positions we hold weights for in SCHD and 1 in TSYW, against full books of 204 and 9.
You are not choosing between two funds in isolation.
Whichever of SCHD and TSYW 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 TSYW?
SCHD has an expense ratio of 0.06% while TSYW charges 0.99%. SCHD is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, SCHD or TSYW?
Over the past year SCHD returned +36.78% vs -18.04% for TSYW, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TSYW?
SCHD has been the more volatile fund at 16.6% annualized versus 13.9% for TSYW.
Should I hold both SCHD and TSYW?
SCHD and TSYW have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or TSYW?
SCHD yields 2.96% while TSYW yields 13.49%, so TSYW currently pays the higher dividend yield.
Is TSYW better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.