DXD vs SCHD
ProShares UltraShort Dow30 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 100 holdings.
Side-by-Side Comparison
| Metric | DXD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $42M | $103.7B | |
| Dividend Yield | 4.01% | 3.31% | |
| Holdings | 10 | 104 | |
| YTD Return | -19.12% | +24.26% | |
| 1Y Return | -31.85% | +31.38% | |
| 3Y Return (annualized) | -22.40% | +15.08% | |
| 5Y Return (annualized) | -16.49% | +9.72% | |
| Volatility (annualized) | 27.6% | 13.6% | |
| Max Drawdown | -99.8% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jul 11, 2006 | Oct 20, 2011 |
DXD vs SCHD Performance
ProShares UltraShort Dow30 (DXD) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DXD returned -31.85% while SCHD returned +31.38%. Year to date, DXD is down 19.12% versus a gain of 24.26% for SCHD.
Over three years, DXD compounded at -22.40% per year against +15.08% for SCHD; over five years the annualized figures are -16.49% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs -25.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DXD has been the more volatile fund, with annualized monthly volatility of 27.6% 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 -99.8% for DXD 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 -0.87. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DXD 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, DXD currently yields 4.01% against 3.31% for SCHD.
Holdings Overlap
DXD 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, DXD or SCHD?
DXD 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, DXD or SCHD?
Over the past year DXD returned -31.85% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DXD annualized -25.01% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DXD or SCHD?
DXD has been the more volatile fund at 27.6% annualized versus 13.6% for SCHD. Worst drawdown: DXD -99.8% vs SCHD -33.4%.
Should I hold both DXD and SCHD?
DXD and SCHD have a monthly-return correlation of -0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DXD and SCHD?
DXD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, DXD or SCHD?
DXD yields 4.01% while SCHD yields 3.31%, so DXD currently pays the higher dividend yield.
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