BITO vs SCHD
BITO vs SCHD
ProShares Bitcoin 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 | BITO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $1.4B | $103.7B | |
| Dividend Yield | 75.49% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | -29.00% | +24.26% | |
| 1Y Return | -46.83% | +31.38% | |
| 3Y Return (annualized) | +21.51% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 56.1% | 13.6% | |
| Max Drawdown | -77.9% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Oct 18, 2021 | Oct 20, 2011 |
BITO vs SCHD Performance
ProShares Bitcoin ETF (BITO) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BITO returned -46.83% while SCHD returned +31.38%. Year to date, BITO is down 29.00% versus a gain of 24.26% for SCHD.
Over three years, BITO compounded at +21.51% per year against +15.08% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.39% annualized vs -5.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITO has been the more volatile fund, with annualized monthly volatility of 56.1% 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 -77.9% for BITO 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BITO 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, BITO currently yields 75.49% against 3.31% for SCHD.
Holdings Overlap
BITO and SCHD share 0 holdings out of 101 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, BITO or SCHD?
BITO 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, BITO or SCHD?
Over the past year BITO returned -46.83% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), BITO annualized -5.04% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BITO or SCHD?
BITO has been the more volatile fund at 56.1% annualized versus 13.6% for SCHD. Worst drawdown: BITO -77.9% vs SCHD -33.4%.
Should I hold both BITO and SCHD?
BITO and SCHD have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BITO and SCHD?
BITO and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, BITO or SCHD?
BITO yields 75.49% while SCHD yields 3.31%, so BITO currently pays the higher dividend yield.
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