AMDD vs SCHD
Direxion Daily AMD 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 | AMDD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.03% | 0.06% | |
| AUM | $20M | $103.7B | |
| Dividend Yield | 15.06% | 3.31% | |
| Holdings | 8 | 104 | |
| YTD Return | -66.29% | +24.26% | |
| 1Y Return | -77.41% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 63.3% | 13.6% | |
| Max Drawdown | -91.8% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Feb 12, 2025 | Oct 20, 2011 |
AMDD vs SCHD Performance
Direxion Daily AMD Bear 1X ETF (AMDD) 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 AMDD returned -77.41% while SCHD returned +31.38%. Year to date, AMDD is down 66.29% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
AMDD has been the more volatile fund, with annualized monthly volatility of 63.3% 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 -91.8% for AMDD 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 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMDD charges 1.03% per year while SCHD charges 0.06%. On a $10,000 position that is $103 vs $6 annually, a gap of $97 per year that compounds over a long holding period. On income, AMDD currently yields 15.06% against 3.31% for SCHD.
Holdings Overlap
AMDD and SCHD share 0 holdings out of 105 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, AMDD or SCHD?
AMDD has an expense ratio of 1.03% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, AMDD or SCHD?
Over the past year AMDD returned -77.41% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), AMDD annualized -75.08% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, AMDD or SCHD?
AMDD has been the more volatile fund at 63.3% annualized versus 13.6% for SCHD. Worst drawdown: AMDD -91.8% vs SCHD -33.4%.
Should I hold both AMDD and SCHD?
AMDD and SCHD have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMDD and SCHD?
AMDD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, AMDD or SCHD?
AMDD yields 15.06% while SCHD yields 3.31%, so AMDD currently pays the higher dividend yield.
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