SCHD vs TFNS

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. TFNS offers more diversification with 162 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: TFNS

Side-by-Side Comparison

MetricSCHDTFNSWinner
Expense Ratio0.06%0.44%
AUM$103.7B-
Dividend Yield3.31%-
Holdings104347
YTD Return+24.08%+8.09%
1Y Return+31.88%+17.31%
3Y Return (annualized)+14.92%-
5Y Return (annualized)+9.85%-
Volatility (annualized)13.6%11.9%
Max Drawdown-33.4%-14.0%
Fund FamilyCharles Schwab Asset ManagementT.Rowe Price
CategoryEquityEquity
InceptionOct 20, 2011Jun 11, 2025

SCHD vs TFNS Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and T. Rowe Price Financials ETF (TFNS) is a ETF from T.Rowe Price. Over the past year SCHD returned +31.88% while TFNS returned +17.31%. Year to date, SCHD is up 24.08% versus a gain of 8.09% for TFNS.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.9% for TFNS. 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 -14.0% for TFNS. 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TFNS charges 0.44%. On a $10,000 position that is $6 vs $44 annually, a gap of $38 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

SCHD and TFNS share 0 holdings out of 262 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 TFNS?

SCHD has an expense ratio of 0.06% while TFNS charges 0.44%. SCHD is the cheaper option. On a $10,000 investment, that is $38 per year of difference.

Which performed better, SCHD or TFNS?

Over the past year SCHD returned +31.88% vs +17.31% for TFNS, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.39% vs +17.02% for TFNS. Past performance does not guarantee future results.

Which is riskier, SCHD or TFNS?

SCHD has been the more volatile fund at 13.6% annualized versus 11.9% for TFNS. Worst drawdown: SCHD -33.4% vs TFNS -14.0%.

Should I hold both SCHD and TFNS?

SCHD and TFNS have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TFNS?

SCHD and TFNS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 262 unique securities.

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