DPST vs SCHD
Direxion Daily Regional Banks Bull 3X ETF vs Schwab US Dividend Equity ETF
Which is better, DPST or SCHD?
Trading-Leveraged Equity against Large Cap Value.
SCHD has a lower expense ratio. DPST led over 3Y, SCHD over 1Y, 5Y and the full window. DPST is less concentrated, with 38.5% of the fund in its ten largest positions against 41.5%.
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 | DPST | SCHD |
|---|---|---|
| Expense Ratio | 0.92% | 0.06%Best |
| AUM | $339M | $112.2B |
| Dividend Yield | 1.50% | 3.13% |
| Holdings | 172 | 103 |
| YTD Return | +34.45%Best | +28.59% |
| 1Y Return | +27.75% | +31.77%Best |
| 3Y Return (annualized) | +30.24%Best | +16.70% |
| 5Y Return (annualized) | -17.88% | +10.09%Best |
| Volatility (annualized) | 82.1% | 14.8%Best |
| Max Drawdown | -97.8% | -33.4%Best |
| $10,000 over 5 years | $3,735 | $16,171Best |
| Top 10 Weight | 38.5%Best | 41.5% |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Aug 19, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Aug 19, 2015 to Sep 3, 2026 (11 years).
DPST 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 11 years both funds cover.
DPST vs SCHD Performance
Direxion Daily Regional Banks Bull 3X ETF (DPST) 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 DPST returned +27.75% while SCHD returned +31.77%. Year to date, DPST is up 34.45% versus a gain of 28.59% for SCHD.
Over three years, DPST compounded at +30.24% per year against +16.70% for SCHD; over five years the annualized figures are -17.88% and +10.09% respectively. Across the full 11-year window we track, SCHD has the edge at +11.54% annualized vs -13.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DPST has been the more volatile fund, with annualized monthly volatility of 82.1% compared with 14.8% 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 -97.8% for DPST 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DPST charges 0.92% per year while SCHD charges 0.06%. On a $10,000 position that is $92 vs $6 annually, a gap of $86 per year that compounds over a long holding period. On income, DPST currently yields 1.50% against 3.13% for SCHD.
Holdings Overlap
7.0% of DPST's money is in holdings SCHD also owns. 2.1% of SCHD's money is in holdings DPST also owns.
DPST and SCHD share little of their money.
19 positions in common, counted across the 162 positions we hold weights for in DPST and 100 in SCHD, against full books of 172 and 103.
What only one of them owns
Our book lists 81 positions for SCHD that do not appear in our book for DPST (97.9% of the fund), and 140 for DPST that do not appear in SCHD (88.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DPST | Weight in SCHD | Difference |
|---|---|---|---|
| RFEurazeo | 0.88% | 0.67% | 0.21% |
| EWBCEast West Bancorp, Inc. | 0.82% | 0.45% | 0.37% |
| COLBColumbia Banking System Inc Common Stock | 0.82% | 0.23% | 0.59% |
| OZKBank Ozk | 0.80% | 0.13% | 0.67% |
| CVBFCvb Financial Corp. | 0.70% | 0.09% | 0.61% |
| BANRBanner Corp_None_0 | 0.37% | 0.06% | 0.31% |
| NBHCNational Bank Holdings Corp Class A | 0.33% | 0.05% | 0.28% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.32% | 0.05% | 0.27% |
| OFG:PROfg Bancorp Common Stock | 0.27% | 0.06% | 0.21% |
| STBAS&T Bancorp Inc | 0.25% | 0.05% | 0.20% |
You are not choosing between two funds in isolation.
Whichever of DPST 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, DPST or SCHD?
DPST has an expense ratio of 0.92% while SCHD charges 0.06%. SCHD is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, DPST or SCHD?
Over the past year DPST returned +27.75% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), DPST annualized -13.67% vs +11.54% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DPST or SCHD?
DPST has been the more volatile fund at 82.1% annualized versus 14.8% for SCHD. Worst drawdown: DPST -97.8% vs SCHD -33.4%.
Should I hold both DPST and SCHD?
DPST and SCHD have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DPST and SCHD?
7.0% of DPST's money is in holdings SCHD also owns. 2.1% of SCHD's is in holdings DPST also owns. They hold 19 positions in common, counted across the 162 positions we hold weights for in DPST and 100 in SCHD.
Which pays a higher dividend, DPST or SCHD?
DPST yields 1.50% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DPST?
SCHD has a lower expense ratio. DPST led over 3Y, SCHD over 1Y, 5Y and the full window. DPST is less concentrated, with 38.5% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.