SCHD vs TMVE

Quick Verdict

SCHD has a lower expense ratio. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: TiedMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDTMVEWinner
Expense Ratio0.06%0.55%
AUM$103.7B$302M
Dividend Yield3.31%0.10%
Holdings10484
YTD Return+24.26%+18.61%
1Y Return+31.38%-
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%-
Max Drawdown-33.4%-8.2%
Fund FamilyCharles Schwab Asset ManagementThrivent Funds
CategoryEquityEquity
InceptionOct 20, 2011Nov 17, 2025

SCHD vs TMVE Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Thrivent Mid Cap Value ETF (TMVE) is a ETF from Thrivent Funds. Year to date, SCHD is up 24.26% versus a gain of 18.61% for TMVE.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -33.4% for SCHD and -8.2% for TMVE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SCHD charges 0.06% per year while TMVE charges 0.55%. On a $10,000 position that is $6 vs $55 annually, a gap of $49 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.10% for TMVE.

Holdings Overlap

3.7%overlap

SCHD and TMVE share 5 holdings out of 179 unique holdings combined, representing a 3.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in TMVEDifference
UNH4.54%0.60%3.94%
QCOM2.72%1.23%1.49%
DVN1.31%1.42%0.11%
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See all 5 holdings SCHD shares with TMVE
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Frequently Asked Questions

Which is cheaper, SCHD or TMVE?

SCHD has an expense ratio of 0.06% while TMVE charges 0.55%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.

What is the holdings overlap between SCHD and TMVE?

SCHD and TMVE share 5 common holdings with a 3.7% weight overlap. Combined, they hold 179 unique securities.

Which pays a higher dividend, SCHD or TMVE?

SCHD yields 3.31% while TMVE yields 0.10%, so SCHD currently pays the higher dividend yield.

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