SCHD vs TOTL
SCHD vs TOTL
Schwab US Dividend Equity ETF vs State Street DoubleLine Total Return Tactical ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. TOTL offers more diversification with 137 holdings.
Side-by-Side Comparison
| Metric | SCHD | TOTL | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.55% | |
| AUM | $103.7B | $4.1B | |
| Dividend Yield | 3.31% | 5.27% | |
| Holdings | 104 | 1,529 | |
| YTD Return | +22.69% | -1.29% | |
| 1Y Return | +30.94% | +2.33% | |
| 3Y Return (annualized) | +14.20% | +3.97% | |
| 5Y Return (annualized) | +9.59% | +0.18% | |
| Volatility (annualized) | 13.7% | 4.5% | |
| Max Drawdown | -33.4% | -18.0% | |
| Fund Family | Charles Schwab Asset Management | State Street Investment Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Feb 23, 2015 |
SCHD vs TOTL Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and State Street DoubleLine Total Return Tactical ETF (TOTL) is a ETF from State Street Investment Management. Over the past year SCHD returned +30.94% while TOTL returned +2.33%. Year to date, SCHD is up 22.69% versus a loss of 1.29% for TOTL.
Over three years, SCHD compounded at +14.20% per year against +3.97% for TOTL; over five years the annualized figures are +9.59% and +0.18% respectively. Across the full 11-year window we track, SCHD has the edge at +11.31% annualized vs -0.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 4.5% for TOTL. 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 -18.0% for TOTL. 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TOTL 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 5.27% for TOTL.
Holdings Overlap
SCHD and TOTL share 0 holdings out of 237 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 TOTL?
SCHD has an expense ratio of 0.06% while TOTL charges 0.55%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, SCHD or TOTL?
Over the past year SCHD returned +30.94% vs +2.33% for TOTL, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), SCHD annualized +11.31% vs -0.08% for TOTL. Past performance does not guarantee future results.
Which is riskier, SCHD or TOTL?
SCHD has been the more volatile fund at 13.7% annualized versus 4.5% for TOTL. Worst drawdown: SCHD -33.4% vs TOTL -18.0%.
Should I hold both SCHD and TOTL?
SCHD and TOTL have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TOTL?
SCHD and TOTL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 237 unique securities.
Which pays a higher dividend, SCHD or TOTL?
SCHD yields 3.31% while TOTL yields 5.27%, so TOTL currently pays the higher dividend yield.
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