BIS vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricBISSCHDWinner
Expense Ratio0.95%0.06%
AUM$2M$103.7B
Dividend Yield5.79%3.31%
Holdings6104
YTD Return-32.00%+24.26%
1Y Return-58.62%+31.38%
3Y Return (annualized)-30.49%+15.08%
5Y Return (annualized)-15.08%+9.72%
Volatility (annualized)39.5%13.6%
Max Drawdown-99.9%-33.4%
Fund FamilyProSharesCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionApr 6, 2010Oct 20, 2011

BIS vs SCHD Performance

ProShares UltraShort Nasdaq Biotechnology (BIS) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BIS returned -58.62% while SCHD returned +31.38%. Year to date, BIS is down 32.00% versus a gain of 24.26% for SCHD.

Over three years, BIS compounded at -30.49% per year against +15.08% for SCHD; over five years the annualized figures are -15.08% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs -32.97%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BIS has been the more volatile fund, with annualized monthly volatility of 39.5% 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 -99.9% for BIS 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 -0.46. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BIS 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, BIS currently yields 5.79% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, BIS or SCHD?

BIS 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, BIS or SCHD?

Over the past year BIS returned -58.62% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), BIS annualized -32.97% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, BIS or SCHD?

BIS has been the more volatile fund at 39.5% annualized versus 13.6% for SCHD. Worst drawdown: BIS -99.9% vs SCHD -33.4%.

Should I hold both BIS and SCHD?

BIS and SCHD have a monthly-return correlation of -0.46, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, BIS or SCHD?

BIS yields 5.79% while SCHD yields 3.31%, so BIS currently pays the higher dividend yield.

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