CRCA vs SCHD
ProShares Ultra CRCL 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 104 holdings.
Side-by-Side Comparison
| Metric | CRCA | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $112M | $108.7B | |
| Dividend Yield | 4.14% | 3.13% | |
| Holdings | 9 | 104 | |
| YTD Return | -50.33% | +27.93% | |
| 1Y Return | -85.68% | +30.06% | |
| 3Y Return (annualized) | - | +16.25% | |
| 5Y Return (annualized) | - | +10.03% | |
| Volatility (annualized) | 156.4% | 13.6% | |
| Max Drawdown | -95.5% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 6, 2025 | Oct 20, 2011 |
CRCA vs SCHD Performance
ProShares Ultra CRCL (CRCA) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CRCA returned -85.68% while SCHD returned +30.06%. Year to date, CRCA is down 50.33% versus a gain of 27.93% for SCHD.
Risk: Volatility and Drawdowns
CRCA has been the more volatile fund, with annualized monthly volatility of 156.4% 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 -95.5% for CRCA 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CRCA 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, CRCA currently yields 4.14% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, CRCA or SCHD?
CRCA 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, CRCA or SCHD?
Over the past year CRCA returned -85.68% vs +30.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), CRCA annualized -88.78% vs +11.56% for SCHD. Past performance does not guarantee future results.
Which is riskier, CRCA or SCHD?
CRCA has been the more volatile fund at 156.4% annualized versus 13.6% for SCHD. Worst drawdown: CRCA -95.5% vs SCHD -33.4%.
Should I hold both CRCA and SCHD?
CRCA and SCHD have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, CRCA or SCHD?
CRCA yields 4.14% while SCHD yields 3.13%, so CRCA currently pays the higher dividend yield.
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