EQRR vs SCHD
ProShares Equities for Rising Rates ETF vs Schwab US Dividend Equity ETF
Which is better, EQRR or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. EQRR led over 3Y and 5Y, SCHD over 1Y and the full window. EQRR is less concentrated, with 33.0% of the fund in its ten largest positions against 41.8%.
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 | EQRR | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $33M | $119.9B |
| Dividend Yield | 1.02% | 2.96% |
| Holdings | 151 | 204 |
| YTD Return | +22.25% | +29.95%Best |
| 1Y Return | +27.62% | +37.26%Best |
| 3Y Return (annualized) | +19.83%Best | +19.10% |
| 5Y Return (annualized) | +10.61%Best | +9.87% |
| Volatility (annualized) | 25.1% | 16.1%Best |
| Max Drawdown | -59.5% | -33.4%Best |
| $10,000 over 5 years | $16,557Best | $16,010 |
| Top 10 Weight | 33.0%Best | 41.8% |
| Fund Family | ProShares | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 24, 2017 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 25, 2017 to Nov 6, 2026 (9.3 years).
EQRR 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 9.3 years both funds cover.
EQRR vs SCHD Performance
ProShares Equities for Rising Rates ETF (EQRR) is an ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EQRR returned +27.62% while SCHD returned +37.26%. Year to date, EQRR is up 22.25% versus a gain of 29.95% for SCHD.
Over three years, EQRR compounded at +19.83% per year against +19.10% for SCHD; over five years the annualized figures are +10.61% and +9.87% respectively. Across the full 9-year window we track, SCHD has the edge at +11.87% annualized vs +8.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQRR has been the more volatile fund, with annualized monthly volatility of 25.1% compared with 16.1% 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 -59.5% for EQRR 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EQRR charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, EQRR currently yields 1.02% against 2.96% for SCHD.
Holdings Overlap
16.5% of EQRR's money is in holdings SCHD also owns. 16.3% of SCHD's money is in holdings EQRR also owns.
EQRR and SCHD share little of their money.
6 positions in common, counted across the 47 positions we hold weights for in EQRR and 98 in SCHD, against full books of 151 and 204.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for EQRR (83.5% of the fund), and 41 for EQRR that do not appear in SCHD (79.0%).
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
You are not choosing between two funds in isolation.
Whichever of EQRR 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, EQRR or SCHD?
EQRR has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, EQRR or SCHD?
Over the past year EQRR returned +27.62% vs +37.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), EQRR annualized +8.80% vs +11.87% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQRR or SCHD?
EQRR has been the more volatile fund at 25.1% annualized versus 16.1% for SCHD. Worst drawdown: EQRR -59.5% vs SCHD -33.4%.
Should I hold both EQRR and SCHD?
EQRR and SCHD have a monthly-return correlation of 0.83, 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 EQRR and SCHD?
16.5% of EQRR's money is in holdings SCHD also owns. 16.3% of SCHD's is in holdings EQRR also owns. They hold 6 positions in common, counted across the 47 positions we hold weights for in EQRR and 98 in SCHD.
Which pays a higher dividend, EQRR or SCHD?
EQRR yields 1.02% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EQRR?
SCHD has a lower expense ratio. EQRR led over 3Y and 5Y, SCHD over 1Y and the full window. EQRR is less concentrated, with 33.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.