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

MetricCWVXSCHDWinner
Expense Ratio1.30%0.06%
AUM$64M$103.7B
Dividend Yield0.00%3.31%
Holdings8104
YTD Return-31.05%+24.26%
1Y Return-80.90%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)175.5%13.6%
Max Drawdown-94.0%-33.4%
Fund FamilyTradr ETFsCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionJul 10, 2025Oct 20, 2011

CWVX vs SCHD Performance

Tradr 2X Long CRWV Daily ETF (CWVX) is a ETF from Tradr ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CWVX returned -80.90% while SCHD returned +31.38%. Year to date, CWVX is down 31.05% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

CWVX has been the more volatile fund, with annualized monthly volatility of 175.5% 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 -94.0% for CWVX 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 0.02. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CWVX charges 1.30% per year while SCHD charges 0.06%. On a $10,000 position that is $130 vs $6 annually, a gap of $124 per year that compounds over a long holding period. On income, CWVX currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

CWVX and SCHD share 0 holdings out of 101 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, CWVX or SCHD?

CWVX has an expense ratio of 1.30% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $124 per year of difference.

Which performed better, CWVX or SCHD?

Over the past year CWVX returned -80.90% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), CWVX annualized -79.93% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, CWVX or SCHD?

CWVX has been the more volatile fund at 175.5% annualized versus 13.6% for SCHD. Worst drawdown: CWVX -94.0% vs SCHD -33.4%.

Should I hold both CWVX and SCHD?

CWVX and SCHD have a monthly-return correlation of 0.02, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CWVX and SCHD?

CWVX and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, CWVX or SCHD?

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

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