AVL vs SCHD
Direxion Daily AVGO Bull 2X 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 104 holdings.
Side-by-Side Comparison
| Metric | AVL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.06% | |
| AUM | $186M | $108.7B | |
| Dividend Yield | 28.25% | 3.13% | |
| Holdings | 10 | 104 | |
| YTD Return | -1.90% | +26.50% | |
| 1Y Return | +12.11% | +31.25% | |
| 3Y Return (annualized) | - | +16.34% | |
| 5Y Return (annualized) | - | +10.10% | |
| Volatility (annualized) | 112.9% | 13.6% | |
| Max Drawdown | -70.6% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Oct 10, 2024 | Oct 20, 2011 |
AVL vs SCHD Performance
Direxion Daily AVGO Bull 2X ETF (AVL) 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 AVL returned +12.11% while SCHD returned +31.25%. Year to date, AVL is down 1.90% versus a gain of 26.50% for SCHD.
Risk: Volatility and Drawdowns
AVL has been the more volatile fund, with annualized monthly volatility of 112.9% 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 -70.6% for AVL 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 -0.25. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVL charges 1.00% per year while SCHD charges 0.06%. On a $10,000 position that is $100 vs $6 annually, a gap of $94 per year that compounds over a long holding period. On income, AVL currently yields 28.25% against 3.13% for SCHD.
Holdings Overlap
AVL 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, AVL or SCHD?
AVL has an expense ratio of 1.00% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $94 per year of difference.
Which performed better, AVL or SCHD?
Over the past year AVL returned +12.11% vs +31.25% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), AVL annualized +50.64% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, AVL or SCHD?
AVL has been the more volatile fund at 112.9% annualized versus 13.6% for SCHD. Worst drawdown: AVL -70.6% vs SCHD -33.4%.
Should I hold both AVL and SCHD?
AVL and SCHD have a monthly-return correlation of -0.25, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVL and SCHD?
AVL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, AVL or SCHD?
AVL yields 28.25% while SCHD yields 3.13%, so AVL currently pays the higher dividend yield.
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