SCHD vs TFNS
Schwab US Dividend Equity ETF vs T. Rowe Price Financials ETF
Which is better, SCHD or TFNS?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 52.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SCHD | TFNS |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.44% |
| AUM | $111.6B | $18M |
| Dividend Yield | 3.24% | 0.49% |
| Holdings | 206 | 83 |
| YTD Return | +24.55%Best | +1.08% |
| 1Y Return | +29.85%Best | +6.27% |
| 3Y Return (annualized) | +16.64% | - |
| 5Y Return (annualized) | +9.54% | - |
| Volatility (annualized) | 13.8% | 13.4%Best |
| Max Drawdown | -6.9%Best | -14.0% |
| $10,000 over 1.3 years | $13,060Best | $11,157 |
| Top 10 Weight | 41.6%Best | 52.0% |
| Fund Family | Charles Schwab Asset Management | T.Rowe Price |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Jun 11, 2025 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 12, 2025 to Oct 14, 2026 (1.3 years).
SCHD vs TFNS growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.3 years both funds cover.
SCHD vs TFNS Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and T. Rowe Price Financials ETF (TFNS) is an ETF from T.Rowe Price. Over the past year SCHD returned +29.85% while TFNS returned +6.27%. Year to date, SCHD is up 24.55% versus a gain of 1.08% for TFNS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 13.4% 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 -6.9% for SCHD and -14.0% for TFNS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.42. They move together some of the time, and apart the rest.
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. On income, SCHD currently yields 3.24% against 0.49% for TFNS.
Holdings Overlap
3.0% of SCHD's money is in holdings TFNS also owns. 1.2% of TFNS's money is in holdings SCHD also owns.
SCHD and TFNS share little of their money.
3 positions in common, counted across the 98 positions we hold weights for in SCHD and 81 in TFNS, against full books of 206 and 83.
What only one of them owns
Our book lists 71 positions for TFNS that do not appear in our book for SCHD (92.1% of the fund), and 94 for SCHD that do not appear in TFNS (96.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of SCHD and TFNS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $38 a year on a $10,000 investment.
Which performed better, SCHD or TFNS?
Over the past year SCHD returned +29.85% vs +6.27% for TFNS, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +22.80% vs +8.79% for TFNS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TFNS?
SCHD has been the more volatile fund at 13.8% annualized versus 13.4% for TFNS. Worst drawdown: SCHD -6.9% vs TFNS -14.0%.
Should I hold both SCHD and TFNS?
SCHD and TFNS have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and TFNS?
3.0% of SCHD's money is in holdings TFNS also owns. 1.2% of TFNS's is in holdings SCHD also owns. They hold 3 positions in common, counted across the 98 positions we hold weights for in SCHD and 81 in TFNS.
Which pays a higher dividend, SCHD or TFNS?
SCHD yields 3.24% while TFNS yields 0.49%, so SCHD currently pays the higher dividend yield.
Is TFNS better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 52.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.