CWEB vs SCHD
Direxion Daily CSI China Internet Index Bull 2X ETF vs Schwab US Dividend Equity ETF
Which is better, CWEB or SCHD?
Trading-Leveraged Equity against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y 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 | CWEB | SCHD |
|---|---|---|
| Expense Ratio | 1.27% | 0.06%Best |
| AUM | $206M | $112.2B |
| Dividend Yield | 5.67% | 3.13% |
| Holdings | 9 | 103 |
| YTD Return | -51.62% | +27.56%Best |
| 1Y Return | -54.10% | +30.29%Best |
| 3Y Return (annualized) | -17.21% | +16.37%Best |
| 5Y Return (annualized) | -38.86% | +10.23%Best |
| Volatility (annualized) | 71.9% | 15.3%Best |
| Max Drawdown | -98.2% | -33.4%Best |
| $10,000 over 5 years | $854 | $16,274Best |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Nov 2, 2016 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 2, 2016 to Sep 4, 2026 (9.8 years).
CWEB vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.8 years both funds cover.
CWEB vs SCHD Performance
Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB) is an ETF from Direxion Shares ETF Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CWEB returned -54.10% while SCHD returned +30.29%. Year to date, CWEB is down 51.62% versus a gain of 27.56% for SCHD.
Over three years, CWEB compounded at -17.21% per year against +16.37% for SCHD; over five years the annualized figures are -38.86% and +10.23% respectively. Across the full 10-year window we track, SCHD has the edge at +12.08% annualized vs -21.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CWEB has been the more volatile fund, with annualized monthly volatility of 71.9% compared with 15.3% 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 -98.2% for CWEB 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 0.24. They move largely independently of each other.
Fees and Cost Over Time
CWEB charges 1.27% per year while SCHD charges 0.06%. On a $10,000 position that is $127 vs $6 annually, a gap of $121 per year that compounds over a long holding period. On income, CWEB currently yields 5.67% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 4 holdings in CWEB and 100 in SCHD, totalling 106.6% and 100.0% 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 4 positions we hold weights for in CWEB and 100 in SCHD, against full books of 9 and 103.
You are not choosing between two funds in isolation.
Whichever of CWEB 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, CWEB or SCHD?
CWEB has an expense ratio of 1.27% while SCHD charges 0.06%. SCHD is the cheaper option, by $121 a year on a $10,000 investment.
Which performed better, CWEB or SCHD?
Over the past year CWEB returned -54.10% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), CWEB annualized -21.45% vs +12.08% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CWEB or SCHD?
CWEB has been the more volatile fund at 71.9% annualized versus 15.3% for SCHD. Worst drawdown: CWEB -98.2% vs SCHD -33.4%.
Should I hold both CWEB and SCHD?
CWEB and SCHD have a monthly-return correlation of 0.24, 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, CWEB or SCHD?
CWEB yields 5.67% while SCHD yields 3.13%, so CWEB currently pays the higher dividend yield.
Is SCHD better than CWEB?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.