For all HW ATG 10 I wouldn't think they are favorite against Fury (Wlad or Wilder 2) and Schmeling is not in TOP 10 ATG. The ATG list is not a decisive factor, it is only an example. After all, Schmeling lost to worse opponents than Fury, and Fury hasn't lost yet. I even think that Schmeling would lose to both Wlad and Wilder. Fury wins by knockout.
Logically Fury. Just too damn big and durable. Max can't knock him out and would need to be in perfect shape, firing on all cylinders just to keep up. Fury could either stink up the joint fighting lame and cautious with lots of pawing jabs/grabs/movement etc to frustrate Max, he could go on the front foot and batter him, or he could fight on the backfoot countering him and picking him apart stopping him by the 5th-7th round at the latest. ....That's if he even gets in the ring with him. He'd probably make a video bashing Max claiming the fight wouldn't sell and Max doesn't deserve the payday.
Can you imagine Fury having to go the full fifteen with Max? The last three rounds would be utterly brutal. I don't think Fury sees the final bell, way too much mass to drag around the ring for 45 minutes while coping right hands to the body. Schmeling still outboxes the **** out of him in a 12 rounder but it's a closer fight.
Fury is gonna be a lot more than simply a walking punching bag. Schmeling is no bum, but Tyson is a damn good fighter, and a giant one at that.