ERX vs SCHD
Direxion Daily Energy Bull 2X ETF vs Schwab US Dividend Equity ETF
Which is better, ERX or SCHD?
Trading-Leveraged Equity against Large Cap Value.
SCHD has a lower expense ratio. ERX led over 1Y, 3Y and 5Y, SCHD over the full window.
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 | ERX | SCHD |
|---|---|---|
| Expense Ratio | 0.91% | 0.06%Best |
| AUM | $215M | $119.9B |
| Dividend Yield | 1.08% | 2.96% |
| Holdings | 58 | 204 |
| YTD Return | +75.54%Best | +32.38% |
| 1Y Return | +79.79%Best | +38.54% |
| 3Y Return (annualized) | +23.74%Best | +20.13% |
| 5Y Return (annualized) | +29.31%Best | +10.28% |
| Volatility (annualized) | 64.1% | 13.8%Best |
| Max Drawdown | - | -33.4% |
| $10,000 over 5 years | $36,154Best | $16,311 |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Nov 6, 2008 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Nov 10, 2026 (15.1 years).
ERX 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 15.1 years both funds cover.
ERX vs SCHD Performance
Direxion Daily Energy Bull 2X ETF (ERX) 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 ERX returned +79.79% while SCHD returned +38.54%. Year to date, ERX is up 75.54% versus a gain of 32.38% for SCHD.
Over three years, ERX compounded at +23.74% per year against +20.13% for SCHD; over five years the annualized figures are +29.31% and +10.28% respectively. Across the full 15-year window we track, SCHD has the edge at +11.65% annualized vs -8.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ERX has been the more volatile fund, with annualized monthly volatility of 64.1% compared with 13.8% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ERX charges 0.91% per year while SCHD charges 0.06%. On a $10,000 position that is $91 vs $6 annually, a gap of $85 per year that compounds over a long holding period. On income, ERX currently yields 1.08% against 2.96% for SCHD.
Holdings Overlap
At least 15.6% of SCHD's money is in holdings ERX also owns.
Stated as a floor: for ERX, our book for it covers 67.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and ERX share little of their money.
7 positions in common, counted across the 21 positions we hold weights for in ERX and 98 in SCHD, against full books of 58 and 204.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of ERX 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, ERX or SCHD?
ERX has an expense ratio of 0.91% while SCHD charges 0.06%. SCHD is the cheaper option, by $85 a year on a $10,000 investment.
Which performed better, ERX or SCHD?
Over the past year ERX returned +79.79% vs +38.54% for SCHD, so ERX leads on 1-year performance. Over the longest common window we track (15 years), ERX annualized -8.58% vs +11.65% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ERX or SCHD?
ERX has been the more volatile fund at 64.1% annualized versus 13.8% for SCHD.
Should I hold both ERX and SCHD?
ERX and SCHD have a monthly-return correlation of 0.70, 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 ERX and SCHD?
At least 15.6% of SCHD's money is in holdings ERX also owns. Our book for ERX is partial, so the real figure is this or higher. They hold 7 positions in common, counted across the 21 positions we hold weights for in ERX and 98 in SCHD.
Which pays a higher dividend, ERX or SCHD?
ERX yields 1.08% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ERX?
SCHD has a lower expense ratio. ERX led over 1Y, 3Y and 5Y, SCHD over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.