SCHD vs TYLD
SCHD vs TYLD
Schwab US Dividend Equity ETF vs Cambria Tactical Yield 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 | TYLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.59% | |
| AUM | $103.7B | $34M | |
| Dividend Yield | 3.31% | 3.74% | |
| Holdings | 104 | 5 | |
| YTD Return | +24.26% | +0.89% | |
| 1Y Return | +31.38% | +2.59% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 0.8% | |
| Max Drawdown | -33.4% | -8.2% | |
| Fund Family | Charles Schwab Asset Management | Cambria Investment Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Jan 4, 2024 |
SCHD vs TYLD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Cambria Tactical Yield ETF (TYLD) is a ETF from Cambria Investment Management. Over the past year SCHD returned +31.38% while TYLD returned +2.59%. Year to date, SCHD is up 24.26% versus a gain of 0.89% for TYLD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 0.8% for TYLD. 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 -8.2% for TYLD. 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 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TYLD charges 0.59%. On a $10,000 position that is $6 vs $59 annually, a gap of $53 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.74% for TYLD.
Holdings Overlap
SCHD and TYLD 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 TYLD?
SCHD has an expense ratio of 0.06% while TYLD charges 0.59%. SCHD is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, SCHD or TYLD?
Over the past year SCHD returned +31.38% vs +2.59% for TYLD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.39% vs +0.49% for TYLD. Past performance does not guarantee future results.
Which is riskier, SCHD or TYLD?
SCHD has been the more volatile fund at 13.6% annualized versus 0.8% for TYLD. Worst drawdown: SCHD -33.4% vs TYLD -8.2%.
Should I hold both SCHD and TYLD?
SCHD and TYLD have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TYLD?
SCHD and TYLD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or TYLD?
SCHD yields 3.31% while TYLD yields 3.74%, so TYLD 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.