FNGO vs SCHD
MicroSectors FANG+ Index 2X Leveraged ETN vs Schwab US Dividend Equity ETF
Which is better, FNGO or SCHD?
Trading-Leveraged Equity against Large Cap Value.
SCHD has a lower expense ratio. FNGO led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 100.0%.
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 | FNGO | SCHD |
|---|---|---|
| Expense Ratio | 0.95% | 0.06%Best |
| AUM | $769M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 10 | 103 |
| YTD Return | +32.41%Best | +24.96% |
| 1Y Return | +22.80% | +28.75%Best |
| 3Y Return (annualized) | +56.14%Best | +15.71% |
| 5Y Return (annualized) | +25.30%Best | +9.86% |
| Volatility (annualized) | 56.0% | 16.5%Best |
| Max Drawdown | -78.4% | -33.4%Best |
| $10,000 over 5 years | $30,886Best | $16,003 |
| Top 10 Weight | 100.0% | 41.8%Best |
| Fund Family | BMO Capital Markets | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Aug 1, 2018 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Aug 2, 2018 to Sep 9, 2026 (8.1 years).
FNGO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FNGO vs SCHD Performance
MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) is an ETF from BMO Capital Markets and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FNGO returned +22.80% while SCHD returned +28.75%. Year to date, FNGO is up 32.41% versus a gain of 24.96% for SCHD.
Over three years, FNGO compounded at +56.14% per year against +15.71% for SCHD; over five years the annualized figures are +25.30% and +9.86% respectively. Across the full 8-year window we track, FNGO has the edge at +39.17% annualized vs +11.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGO has been the more volatile fund, with annualized monthly volatility of 56.0% compared with 16.5% 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 -78.4% for FNGO 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FNGO 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, FNGO currently yields 0.00% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 10 holdings in FNGO and 100 in SCHD, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 10 positions we hold weights for in FNGO and 100 in SCHD, against full books of 10 and 103.
What only one of them owns
Measured across the 10 and 100 positions we hold weights for.
SCHD holds 99 positions FNGO does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of FNGO 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, FNGO or SCHD?
FNGO has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, FNGO or SCHD?
Over the past year FNGO returned +22.80% vs +28.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), FNGO annualized +39.17% vs +11.49% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNGO or SCHD?
FNGO has been the more volatile fund at 56.0% annualized versus 16.5% for SCHD. Worst drawdown: FNGO -78.4% vs SCHD -33.4%.
Should I hold both FNGO and SCHD?
FNGO and SCHD have a monthly-return correlation of 0.44, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FNGO or SCHD?
FNGO yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FNGO?
SCHD has a lower expense ratio. FNGO led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 100.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.