SCHD vs TXMD: Correlation
How closely do Schwab US Dividend Equity ETF (SCHD) and TherapeuticsMD, Inc. (TXMD) trade together? Their weekly returns over three years give a correlation of 0.37, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SCHD and TXMD?
On 3 years of weekly data the SCHD/TXMD correlation comes out at 0.37, moderate. The relationship has been stable: the 1-year correlation (0.34) sits close to the 3-year figure. The 5-year figure is 0.05, and annualized covariance runs at 351.0 %².
Within SCHD's tracked universe of 108 assets, TXMD comes in at #92 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months TXMD outperformed by 68.6 percentage points (+29.6% for SCHD against +98.2% for TXMD). Note the risk asymmetry: TXMD runs 5.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
SCHD vs TXMD: side by side
| SCHD (Schwab US Dividend Equity ETF) | TXMD (TherapeuticsMD, Inc.) | |
|---|---|---|
| 1-year return | +29.6% | +98.2% |
| 5-year return | +60.9% | -94.4% |
| Volatility (ann.) | 12.9% | 73.0% |
| Beta vs S&P 500 | 0.52 | 1.30 |
| Max drawdown (3Y) | -16.1% | -81.2% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 3.13% | 0.00% |
| Expense ratio | 0.06% | – |
| Assets under management | $104.2B | – |
| Sector / category | ETF · Dividend | US Listed |
SCHD is a Large Value fund from Schwab ETFs: $104.2B under management, 101 holdings, a 0.06% expense ratio, a 3.13% trailing dividend yield.
Year-by-year returns
| Year | SCHD | TXMD |
|---|---|---|
| 2022 | -3.3% | -68.9% |
| 2023 | +4.5% | -59.7% |
| 2024 | +11.7% | -61.8% |
| 2025 | +4.3% | +89.5% |
| 2026 | +29.1% | +36.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SCHD and TXMD good diversifiers for each other?
Reasonably. At 0.37, SCHD and TXMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SCHD and TXMD?
The SCHD/TXMD correlation stands at 0.37 on a 3-year window (1 year: 0.34, 5 years: 0.05), computed from weekly returns as of 2026-08-27.
Is TXMD a good diversifier for SCHD?
Reasonably. At 0.37, SCHD and TXMD keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/schd-vs-txmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/schd-vs-txmd/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: SCHD correlations · TXMD correlations
