AAPD vs SCHD
Direxion Daily AAPL Bear 1X ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | AAPD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.06% | |
| AUM | $33M | $103.7B | |
| Dividend Yield | 3.27% | 3.31% | |
| Holdings | 9 | 104 | |
| YTD Return | -14.73% | +24.26% | |
| 1Y Return | -30.17% | +31.38% | |
| 3Y Return (annualized) | -17.24% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 22.9% | 13.6% | |
| Max Drawdown | -63.0% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 9, 2022 | Oct 20, 2011 |
AAPD vs SCHD Performance
Direxion Daily AAPL Bear 1X ETF (AAPD) is a ETF from Direxion Shares ETF Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AAPD returned -30.17% while SCHD returned +31.38%. Year to date, AAPD is down 14.73% versus a gain of 24.26% for SCHD.
Over three years, AAPD compounded at -17.24% per year against +15.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs -15.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPD has been the more volatile fund, with annualized monthly volatility of 22.9% compared with 13.6% for SCHD. 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 -63.0% for AAPD and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPD charges 0.96% per year while SCHD charges 0.06%. On a $10,000 position that is $96 vs $6 annually, a gap of $90 per year that compounds over a long holding period. On income, AAPD currently yields 3.27% against 3.31% for SCHD.
Holdings Overlap
AAPD and SCHD share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AAPD or SCHD?
AAPD has an expense ratio of 0.96% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $90 per year of difference.
Which performed better, AAPD or SCHD?
Over the past year AAPD returned -30.17% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), AAPD annualized -15.77% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, AAPD or SCHD?
AAPD has been the more volatile fund at 22.9% annualized versus 13.6% for SCHD. Worst drawdown: AAPD -63.0% vs SCHD -33.4%.
Should I hold both AAPD and SCHD?
AAPD and SCHD have a monthly-return correlation of -0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AAPD and SCHD?
AAPD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, AAPD or SCHD?
AAPD yields 3.27% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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