TLT vs SCHD — 14-Year Performance Comparison
Long-Term Treasuries vs Dividend Growth — backtested 2011–2024
SCHD wins$55,862 vs $13,525 on $10,000 over 14 years
TLTLong-Term Treasuries
Final value$13,525
CAGR+2.2%
Max drawdown-38.0%
Best year+34% (2011)
Years won4 of 14
SCHDDividend Growth
Final value$55,862
CAGR+13.1%
Max drawdown-5.9%
Best year+33% (2013)
Years won10 of 14
Growth of $10,000
2011–2024TLTSCHD
TLT$13,525
SCHD$55,862
50/50 mix$29,824
50/50 blend: $29,824 (+8.1%/yr CAGR)
Splitting equally between TLT and SCHD would have landed between the two — slightly lower CAGR than SCHD but less volatility. Try a custom split →
Year-by-year: TLT vs SCHD
| Year | TLT | SCHD | Winner |
|---|---|---|---|
| 2024 | -8.1% | +25.3% | SCHD |
| 2023 | +2.8% | +6.8% | SCHD |
| 2022 | -31.2% | -3.2% | SCHD |
| 2021 | -4.6% | +29.5% | SCHD |
| 2020 | +18.1% | +11.6% | TLT |
| 2019 | +14.1% | +28.4% | SCHD |
| 2018 | -1.6% | -5.9% | TLT |
| 2017 | +9.2% | +20.1% | SCHD |
| 2016 | +1.2% | +18.8% | SCHD |
| 2015 | -1.8% | +0.3% | SCHD |
| 2014 | +27.3% | +14.7% | TLT |
| 2013 | -13.4% | +33.0% | SCHD |
| 2012 | +2.6% | +14.1% | SCHD |
| 2011 | +34.0% | -0.5% | TLT |
More comparisons
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