BETE vs SCHD
ProShares Bitcoin & Ether Equal Weight 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 | BETE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $7M | $108.7B | |
| Dividend Yield | 79.50% | 3.13% | |
| Holdings | 3 | 104 | |
| YTD Return | -23.85% | +27.67% | |
| 1Y Return | -43.48% | +31.26% | |
| 3Y Return (annualized) | +18.48% | +16.66% | |
| 5Y Return (annualized) | - | +10.18% | |
| Volatility (annualized) | 60.2% | 13.6% | |
| Max Drawdown | -61.8% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Oct 2, 2023 | Oct 20, 2011 |
BETE vs SCHD Performance
ProShares Bitcoin & Ether Equal Weight ETF (BETE) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BETE returned -43.48% while SCHD returned +31.26%. Year to date, BETE is down 23.85% versus a gain of 27.67% for SCHD.
Over three years, BETE compounded at +18.48% per year against +16.66% for SCHD. Across the full 3-year window we track, BETE has the edge at +18.48% annualized vs +11.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BETE has been the more volatile fund, with annualized monthly volatility of 60.2% 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 -61.8% for BETE 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BETE charges 0.95% per year while SCHD charges 0.06%. On a $10,000 position that is $95 vs $6 annually, a gap of $89 per year that compounds over a long holding period. On income, BETE currently yields 79.50% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, BETE or SCHD?
BETE has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, BETE or SCHD?
Over the past year BETE returned -43.48% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), BETE annualized +18.48% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, BETE or SCHD?
BETE has been the more volatile fund at 60.2% annualized versus 13.6% for SCHD. Worst drawdown: BETE -61.8% vs SCHD -33.4%.
Should I hold both BETE and SCHD?
BETE and SCHD have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BETE or SCHD?
BETE yields 79.50% while SCHD yields 3.13%, so BETE currently pays the higher dividend yield.
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