SCHD vs THRO
SCHD vs THRO
Schwab US Dividend Equity ETF vs iShares US Thematic Rotation Active ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. THRO offers more diversification with 241 holdings.
Side-by-Side Comparison
| Metric | SCHD | THRO | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.57% | |
| AUM | $103.7B | $6.4B | |
| Dividend Yield | 3.31% | 0.25% | |
| Holdings | 104 | 245 | |
| YTD Return | +24.26% | +14.67% | |
| 1Y Return | +31.38% | +22.54% | |
| 3Y Return (annualized) | +15.08% | +22.97% | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 17.8% | |
| Max Drawdown | -33.4% | -26.5% | |
| Fund Family | Charles Schwab Asset Management | BlackRock, Inc. (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Dec 14, 2021 |
SCHD vs THRO Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares US Thematic Rotation Active ETF (THRO) is a ETF from BlackRock, Inc. (US). Over the past year SCHD returned +31.38% while THRO returned +22.54%. Year to date, SCHD is up 24.26% versus a gain of 14.67% for THRO.
Over three years, SCHD compounded at +15.08% per year against +22.97% for THRO. Across the full 5-year window we track, THRO has the edge at +13.80% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THRO has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 13.6% for SCHD. 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 -26.5% for THRO. 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while THRO charges 0.57%. On a $10,000 position that is $6 vs $57 annually, a gap of $51 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.25% for THRO.
Holdings Overlap
SCHD and THRO share 22 holdings out of 319 unique holdings combined, representing a 6.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in THRO | Difference |
|---|---|---|---|
| UNH | 4.54% | 1.12% | 3.42% |
| PG | 4.15% | 1.16% | 2.99% |
| HD | 4.16% | 0.36% | 3.80% |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
See all 10 holdings SCHD shares with THRO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or THRO?
SCHD has an expense ratio of 0.06% while THRO charges 0.57%. SCHD is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, SCHD or THRO?
Over the past year SCHD returned +31.38% vs +22.54% for THRO, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.39% vs +13.80% for THRO. Past performance does not guarantee future results.
Which is riskier, SCHD or THRO?
THRO has been the more volatile fund at 17.8% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs THRO -26.5%.
Should I hold both SCHD and THRO?
SCHD and THRO have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and THRO?
SCHD and THRO share 22 common holdings with a 6.2% weight overlap. Combined, they hold 319 unique securities.
Which pays a higher dividend, SCHD or THRO?
SCHD yields 3.31% while THRO yields 0.25%, so SCHD currently pays the higher dividend yield.
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