AMZD vs SCHD
Direxion Daily AMZN 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 | AMZD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.06% | |
| AUM | $12M | $103.7B | |
| Dividend Yield | 3.26% | 3.31% | |
| Holdings | 6 | 104 | |
| YTD Return | -19.16% | +25.58% | |
| 1Y Return | -21.65% | +31.06% | |
| 3Y Return (annualized) | -21.95% | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 28.9% | 13.6% | |
| Max Drawdown | -74.8% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Sep 7, 2022 | Oct 20, 2011 |
AMZD vs SCHD Performance
Direxion Daily AMZN Bear 1X ETF (AMZD) 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 AMZD returned -21.65% while SCHD returned +31.06%. Year to date, AMZD is down 19.16% versus a gain of 25.58% for SCHD.
Over three years, AMZD compounded at -21.95% per year against +15.55% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.46% annualized vs -20.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZD has been the more volatile fund, with annualized monthly volatility of 28.9% 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 -74.8% for AMZD 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 -0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMZD charges 1.02% per year while SCHD charges 0.06%. On a $10,000 position that is $102 vs $6 annually, a gap of $96 per year that compounds over a long holding period. On income, AMZD currently yields 3.26% against 3.31% for SCHD.
Holdings Overlap
AMZD and SCHD share 0 holdings out of 103 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, AMZD or SCHD?
AMZD has an expense ratio of 1.02% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $96 per year of difference.
Which performed better, AMZD or SCHD?
Over the past year AMZD returned -21.65% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), AMZD annualized -20.80% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, AMZD or SCHD?
AMZD has been the more volatile fund at 28.9% annualized versus 13.6% for SCHD. Worst drawdown: AMZD -74.8% vs SCHD -33.4%.
Should I hold both AMZD and SCHD?
AMZD and SCHD have a monthly-return correlation of -0.08, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMZD and SCHD?
AMZD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, AMZD or SCHD?
AMZD yields 3.26% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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