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 103 holdings.
Side-by-Side Comparison
| Metric | DXD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $50M | $112.2B | |
| Dividend Yield | 4.01% | 3.13% | |
| Holdings | 10 | 103 | |
| YTD Return | -16.22% | +27.89% | |
| 1Y Return | -25.23% | +29.93% | |
| 3Y Return (annualized) | -22.23% | +16.13% | |
| 5Y Return (annualized) | -15.54% | +10.00% | |
| Volatility (annualized) | 27.5% | 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 -25.23% while SCHD returned +29.93%. Year to date, DXD is down 16.22% versus a gain of 27.89% for SCHD.
Over three years, DXD compounded at -22.23% per year against +16.13% for SCHD; over five years the annualized figures are -15.54% and +10.00% respectively. Across the full 15-year window we track, SCHD has the edge at +11.56% annualized vs -24.81%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DXD has been the more volatile fund, with annualized monthly volatility of 27.5% 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 -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 3.13% 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 -25.23% vs +29.93% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), DXD annualized -24.81% vs +11.56% for SCHD. Past performance does not guarantee future results.
Which is riskier, DXD or SCHD?
DXD has been the more volatile fund at 27.5% 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 3.13%, so DXD currently pays the higher dividend yield.
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