BMAX 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

MetricBMAXSCHDWinner
Expense Ratio1.14%0.06%
AUM$6M$103.7B
Dividend Yield0.00%3.31%
Holdings15104
YTD Return+3.22%+24.26%
1Y Return-8.11%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)22.4%13.6%
Max Drawdown-31.3%-33.4%
Fund FamilyREX SharesCharles Schwab Asset Management
CategoryConvertibleEquity
InceptionMar 14, 2025Oct 20, 2011

BMAX vs SCHD Performance

REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) is a ETF from REX Shares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BMAX returned -8.11% while SCHD returned +31.38%. Year to date, BMAX is up 3.22% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

BMAX has been the more volatile fund, with annualized monthly volatility of 22.4% 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 -31.3% for BMAX 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

BMAX charges 1.14% per year while SCHD charges 0.06%. On a $10,000 position that is $114 vs $6 annually, a gap of $108 per year that compounds over a long holding period. On income, BMAX currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

BMAX and SCHD share 0 holdings out of 108 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, BMAX or SCHD?

BMAX has an expense ratio of 1.14% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $108 per year of difference.

Which performed better, BMAX or SCHD?

Over the past year BMAX returned -8.11% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), BMAX annualized -8.86% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, BMAX or SCHD?

BMAX has been the more volatile fund at 22.4% annualized versus 13.6% for SCHD. Worst drawdown: BMAX -31.3% vs SCHD -33.4%.

Should I hold both BMAX and SCHD?

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

What is the holdings overlap between BMAX and SCHD?

BMAX and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.

Which pays a higher dividend, BMAX or SCHD?

BMAX yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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