SCHD vs TUA
Schwab US Dividend Equity ETF vs Simplify Short Term Treasury Futures 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 | TUA | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.25% | |
| AUM | $103.7B | $695M | |
| Dividend Yield | 3.31% | 3.32% | |
| Holdings | 104 | 7 | |
| YTD Return | +25.62% | -5.82% | |
| 1Y Return | +32.62% | -4.04% | |
| 3Y Return (annualized) | +15.58% | +0.98% | |
| 5Y Return (annualized) | +9.63% | - | |
| Volatility (annualized) | 13.6% | 9.5% | |
| Max Drawdown | -33.4% | -15.8% | |
| Fund Family | Charles Schwab Asset Management | Simplify Exchange Traded Funds | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Nov 14, 2022 |
SCHD vs TUA Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Simplify Short Term Treasury Futures Strategy ETF (TUA) is a ETF from Simplify Exchange Traded Funds. Over the past year SCHD returned +32.62% while TUA returned -4.04%. Year to date, SCHD is up 25.62% versus a loss of 5.82% for TUA.
Over three years, SCHD compounded at +15.58% per year against +0.98% for TUA. Across the full 4-year window we track, SCHD has the edge at +11.47% annualized vs -1.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 9.5% for TUA. 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 -15.8% for TUA. 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TUA charges 0.25%. On a $10,000 position that is $6 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.32% for TUA.
Holdings Overlap
SCHD and TUA 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 TUA?
SCHD has an expense ratio of 0.06% while TUA charges 0.25%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, SCHD or TUA?
Over the past year SCHD returned +32.62% vs -4.04% for TUA, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.47% vs -1.47% for TUA. Past performance does not guarantee future results.
Which is riskier, SCHD or TUA?
SCHD has been the more volatile fund at 13.6% annualized versus 9.5% for TUA. Worst drawdown: SCHD -33.4% vs TUA -15.8%.
Should I hold both SCHD and TUA?
SCHD and TUA have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TUA?
SCHD and TUA share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or TUA?
SCHD yields 3.31% while TUA yields 3.32%, so TUA currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.