SCHD vs TLT — 14-Year Performance Comparison
Dividend Growth vs Long-Term Treasuries — backtested 2011–2024
SCHD wins$55,862 vs $13,525 on $10,000 over 14 years
SCHDDividend Growth
Final value$55,862
CAGR+13.1%
Max drawdown-5.9%
Best year+33% (2013)
Years won10 of 14
TLTLong-Term Treasuries
Final value$13,525
CAGR+2.2%
Max drawdown-38.0%
Best year+34% (2011)
Years won4 of 14
Growth of $10,000
2011–2024SCHDTLT
SCHD$55,862
TLT$13,525
50/50 mix$29,824
50/50 blend: $29,824 (+8.1%/yr CAGR)
Splitting equally between SCHD and TLT would have landed between the two — slightly lower CAGR than SCHD but less volatility. Try a custom split →
Year-by-year: SCHD vs TLT
| Year | SCHD | TLT | Winner |
|---|---|---|---|
| 2024 | +25.3% | -8.1% | SCHD |
| 2023 | +6.8% | +2.8% | SCHD |
| 2022 | -3.2% | -31.2% | SCHD |
| 2021 | +29.5% | -4.6% | SCHD |
| 2020 | +11.6% | +18.1% | TLT |
| 2019 | +28.4% | +14.1% | SCHD |
| 2018 | -5.9% | -1.6% | TLT |
| 2017 | +20.1% | +9.2% | SCHD |
| 2016 | +18.8% | +1.2% | SCHD |
| 2015 | +0.3% | -1.8% | SCHD |
| 2014 | +14.7% | +27.3% | TLT |
| 2013 | +33.0% | -13.4% | SCHD |
| 2012 | +14.1% | +2.6% | SCHD |
| 2011 | -0.5% | +34.0% | TLT |
More comparisons
Build your portfolio
Mix SCHD + TLT with custom allocations
Try a 70/30 or 40/60 split — or add up to 3 more ETFs. See exactly how your custom portfolio would have performed.
Open Portfolio Builder →Past performance does not guarantee future results.