EQRR vs SCHD
ProShares Equities for Rising Rates ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. EQRR delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | EQRR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $32M | $103.7B | |
| Dividend Yield | 1.08% | 3.31% | |
| Holdings | 51 | 104 | |
| YTD Return | +33.32% | +25.62% | |
| 1Y Return | +46.31% | +32.62% | |
| 3Y Return (annualized) | +19.80% | +15.58% | |
| 5Y Return (annualized) | +14.38% | +9.63% | |
| Volatility (annualized) | 25.2% | 13.6% | |
| Max Drawdown | -59.5% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 24, 2017 | Oct 20, 2011 |
EQRR vs SCHD Performance
ProShares Equities for Rising Rates ETF (EQRR) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year EQRR returned +46.31% while SCHD returned +32.62%. Year to date, EQRR is up 33.32% versus a gain of 25.62% for SCHD.
Over three years, EQRR compounded at +19.80% per year against +15.58% for SCHD; over five years the annualized figures are +14.38% and +9.63% respectively. Across the full 9-year window we track, SCHD has the edge at +11.47% annualized vs +10.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQRR has been the more volatile fund, with annualized monthly volatility of 25.2% 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 -59.5% for EQRR 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 0.85. 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 1.08% against 3.31% for SCHD.
Holdings Overlap
EQRR and SCHD share 7 holdings out of 143 unique holdings combined, representing a 12.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $29 per year of difference.
Which performed better, EQRR or SCHD?
Over the past year EQRR returned +46.31% vs +32.62% for SCHD, so EQRR leads on 1-year performance. Over the longest common window we track (9 years), EQRR annualized +10.10% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, EQRR or SCHD?
EQRR has been the more volatile fund at 25.2% annualized versus 13.6% 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 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EQRR and SCHD?
EQRR and SCHD share 7 common holdings with a 12.4% weight overlap. Combined, they hold 143 unique securities.
Which pays a higher dividend, EQRR or SCHD?
EQRR yields 1.08% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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