SCHD vs TCPB
SCHD vs TCPB
Schwab US Dividend Equity ETF vs Thrivent Core Plus Bond ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. TCPB offers more diversification with 245 holdings.
Side-by-Side Comparison
| Metric | SCHD | TCPB | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.39% | |
| AUM | $103.7B | $470M | |
| Dividend Yield | 3.31% | 5.16% | |
| Holdings | 104 | 462 | |
| YTD Return | +23.31% | +0.41% | |
| 1Y Return | +30.42% | +3.14% | |
| 3Y Return (annualized) | +14.66% | - | |
| 5Y Return (annualized) | +9.59% | - | |
| Volatility (annualized) | 13.6% | 3.3% | |
| Max Drawdown | -33.4% | -2.7% | |
| Fund Family | Charles Schwab Asset Management | Thrivent Funds | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Feb 19, 2025 |
SCHD vs TCPB Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Thrivent Core Plus Bond ETF (TCPB) is a ETF from Thrivent Funds. Over the past year SCHD returned +30.42% while TCPB returned +3.14%. Year to date, SCHD is up 23.31% versus a gain of 0.41% for TCPB.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 3.3% for TCPB. 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 -2.7% for TCPB. 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 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TCPB charges 0.39%. On a $10,000 position that is $6 vs $39 annually, a gap of $33 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 5.16% for TCPB.
Holdings Overlap
SCHD and TCPB share 0 holdings out of 345 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 TCPB?
SCHD has an expense ratio of 0.06% while TCPB charges 0.39%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, SCHD or TCPB?
Over the past year SCHD returned +30.42% vs +3.14% for TCPB, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.34% vs +4.58% for TCPB. Past performance does not guarantee future results.
Which is riskier, SCHD or TCPB?
SCHD has been the more volatile fund at 13.6% annualized versus 3.3% for TCPB. Worst drawdown: SCHD -33.4% vs TCPB -2.7%.
Should I hold both SCHD and TCPB?
SCHD and TCPB have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TCPB?
SCHD and TCPB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 345 unique securities.
Which pays a higher dividend, SCHD or TCPB?
SCHD yields 3.31% while TCPB yields 5.16%, so TCPB 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.