BOED vs SCHD
Direxion Daily BA Bear 1X ETF vs Schwab US Dividend Equity ETF
Which is better, BOED or SCHD?
Trading-Inverse Equity against Large Cap Value.
SCHD has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BOED | SCHD |
|---|---|---|
| Expense Ratio | 1.01% | 0.06%Best |
| AUM | $1M | $112.1B |
| Dividend Yield | 3.08% | 3.00% |
| Holdings | 6 | 103 |
| Volatility (annualized) | 30.3% | 12.3%Best |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Value |
| Inception | Apr 23, 2025 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 151 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BOED has data through Apr 10, 2026 and SCHD through Sep 8, 2026.
Risk: Volatility and Drawdowns
BOED has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 12.3% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BOED charges 1.01% per year while SCHD charges 0.06%. On a $10,000 position that is $101 vs $6 annually, a gap of $95 per year that compounds over a long holding period. On income, BOED currently yields 3.08% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in BOED and 100 in SCHD, totalling 102.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 243 days apart, BOED as of Dec 31, 2025 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 2 positions we hold weights for in BOED and 100 in SCHD, against full books of 6 and 103.
You are not choosing between two funds in isolation.
Whichever of BOED and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BOED or SCHD?
BOED has an expense ratio of 1.01% while SCHD charges 0.06%. SCHD is the cheaper option, by $95 a year on a $10,000 investment.
Which is riskier, BOED or SCHD?
BOED has been the more volatile fund at 30.3% annualized versus 12.3% for SCHD.
Should I hold both BOED and SCHD?
BOED and SCHD have a monthly-return correlation of -0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BOED or SCHD?
BOED yields 3.08% while SCHD yields 3.00%, so BOED currently pays the higher dividend yield.
Is SCHD better than BOED?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.