SCHM vs TPLC
Schwab US Mid Cap ETF vs Timothy Plan US Large/Mid Cap Core ETF
Which is better, SCHM or TPLC?
Nearly the same fund. SCHM costs less.
SCHM has a lower expense ratio. SCHM led over 1Y and 3Y, TPLC over 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. SCHM is less concentrated, with 5.0% of the fund in its ten largest positions against 7.0%.
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 | SCHM | TPLC |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.52% |
| AUM | $14.6B | $311M |
| Dividend Yield | 1.31% | 0.86% |
| Holdings | 495 | 542 |
| YTD Return | +12.80%Best | +8.72% |
| 1Y Return | +16.12%Best | +9.22% |
| 3Y Return (annualized) | +16.61%Best | +13.58% |
| 5Y Return (annualized) | +6.70% | +7.65%Best |
| Volatility (annualized) | 20.1% | 17.1%Best |
| Max Drawdown | -42.4% | -38.1%Best |
| $10,000 over 5 years | $13,830 | $14,457Best |
| Top 10 Weight | 5.0%Best | 7.0% |
| Fund Family | Charles Schwab Asset Management | Timothy Plan |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Jan 13, 2011 | May 5, 2019 |
Volatility and max drawdown are measured over the window both funds cover: May 1, 2019 to Oct 14, 2026 (7.5 years).
SCHM vs TPLC 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 7.5 years both funds cover.
SCHM vs TPLC Performance
Schwab US Mid Cap ETF (SCHM) is an ETF from Charles Schwab Asset Management and Timothy Plan US Large/Mid Cap Core ETF (TPLC) is an ETF from Timothy Plan. Over the past year SCHM returned +16.12% while TPLC returned +9.22%. Year to date, SCHM is up 12.80% versus a gain of 8.72% for TPLC.
Over three years, SCHM compounded at +16.61% per year against +13.58% for TPLC; over five years the annualized figures are +6.70% and +7.65% respectively. Across the full 8-year window we track, TPLC has the edge at +10.40% annualized vs +9.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHM has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 17.1% for TPLC. 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 -42.4% for SCHM and -38.1% for TPLC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHM charges 0.03% per year while TPLC charges 0.52%. On a $10,000 position that is $3 vs $52 annually, a gap of $49 per year that compounds over a long holding period. On income, SCHM currently yields 1.31% against 0.86% for TPLC.
Holdings Overlap
24.5% of SCHM's money is in holdings TPLC also owns. 26.7% of TPLC's money is in holdings SCHM also owns.
TPLC and SCHM share little of their money.
79 positions in common, counted across the 502 positions we hold weights for in SCHM and 268 in TPLC, against full books of 495 and 542.
What only one of them owns
Our book lists 182 positions for TPLC that do not appear in our book for SCHM (70.5% of the fund), and 415 for SCHM that do not appear in TPLC (74.1%).
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.
Top Shared Holdings
| Stock | Weight in SCHM | Weight in TPLC | Difference |
|---|---|---|---|
| OKTAOkta Inc. | 0.72% | 0.85% | 0.13% |
| EVRGEvergy Inc Sedol Bfmxgr0 | 0.38% | 0.69% | 0.31% |
| FFIVF5 Networks Inc. | 0.53% | 0.49% | 0.04% |
| SNXSynnex Corp | 0.46% | 0.56% | 0.10% |
| LNTAlliant Energy | 0.34% | 0.64% | 0.30% |
| RSReliance Steel & Aluminum Co. | 0.42% | 0.53% | 0.11% |
| SNASnap-On Inc. | 0.39% | 0.52% | 0.13% |
| PKGPackaging Corp. Of America | 0.42% | 0.48% | 0.06% |
| NINisource Inc. | 0.39% | 0.50% | 0.11% |
| RGAReinsurance Group of America, Incorporated | 0.34% | 0.53% | 0.19% |
26.7% of TPLC is already inside SCHM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHM or TPLC?
SCHM has an expense ratio of 0.03% while TPLC charges 0.52%. SCHM is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, SCHM or TPLC?
Over the past year SCHM returned +16.12% vs +9.22% for TPLC, so SCHM leads on 1-year performance. Over the longest common window we track (8 years), SCHM annualized +9.42% vs +10.40% for TPLC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHM or TPLC?
SCHM has been the more volatile fund at 20.1% annualized versus 17.1% for TPLC. Worst drawdown: SCHM -42.4% vs TPLC -38.1%.
Should I hold both SCHM and TPLC?
SCHM and TPLC have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHM and TPLC?
26.7% of TPLC's money is in holdings SCHM also owns. 26.7% of TPLC's is in holdings SCHM also owns. They hold 79 positions in common, counted across the 502 positions we hold weights for in SCHM and 268 in TPLC.
Which pays a higher dividend, SCHM or TPLC?
SCHM yields 1.31% while TPLC yields 0.86%, so SCHM currently pays the higher dividend yield.
Is TPLC better than SCHM?
SCHM has a lower expense ratio. SCHM led over 1Y and 3Y, TPLC over 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. SCHM is less concentrated, with 5.0% of the fund in its ten largest positions against 7.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.