CLIX vs SCHD
ProShares Long Online/Short Stores ETF vs Schwab US Dividend Equity ETF
Which is better, CLIX or SCHD?
Long-Short Strategy against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | CLIX | SCHD |
|---|---|---|
| Expense Ratio | 0.65% | 0.06%Best |
| AUM | $6M | $111.6B |
| Dividend Yield | 0.50% | 3.24% |
| Holdings | 30 | 206 |
| Volatility (annualized) | 24.4% | 16.2%Best |
| Max Drawdown | -73.2% | -33.4%Best |
| $10,000 over 8.9 years | $14,770 | $24,852Best |
| Fund Family | ProShares | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Long-Short Strategy | Large Cap Value |
| Inception | Nov 14, 2017 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 10 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. CLIX has data through Oct 12, 2026 and SCHD through Oct 22, 2026.
Volatility and max drawdown, and the $10,000 over 8.9 years row, are measured over the window both funds cover: Nov 16, 2017 to Oct 12, 2026 (8.9 years).
Risk: Volatility and Drawdowns
CLIX has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 16.2% 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 -73.2% for CLIX and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CLIX charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, CLIX currently yields 0.50% against 3.24% for SCHD.
Holdings Overlap
We hold position weights for 22 holdings in CLIX and 98 in SCHD, totalling 83.2% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 22 positions we hold weights for in CLIX and 98 in SCHD, against full books of 30 and 206.
You are not choosing between two funds in isolation.
Whichever of CLIX 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, CLIX or SCHD?
CLIX has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which is riskier, CLIX or SCHD?
CLIX has been the more volatile fund at 24.4% annualized versus 16.2% for SCHD. Worst drawdown: CLIX -73.2% vs SCHD -33.4%.
Should I hold both CLIX and SCHD?
CLIX and SCHD have a monthly-return correlation of 0.31, 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, CLIX or SCHD?
CLIX yields 0.50% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CLIX?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.