FNGO vs SCHD
MicroSectors FANG+ Index 2X Leveraged ETN 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 104 holdings.
Side-by-Side Comparison
| Metric | FNGO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $772M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 10 | 104 | |
| YTD Return | +29.43% | +28.63% | |
| 1Y Return | +31.55% | +32.53% | |
| 3Y Return (annualized) | +60.40% | +16.97% | |
| 5Y Return (annualized) | +28.80% | +10.47% | |
| Volatility (annualized) | 56.2% | 13.7% | |
| Max Drawdown | -78.4% | -33.4% | |
| Fund Family | BMO Capital Markets | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 1, 2018 | Oct 20, 2011 |
FNGO vs SCHD Performance
MicroSectors FANG+ Index 2X Leveraged ETN (FNGO) is a ETF from BMO Capital Markets and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FNGO returned +31.55% while SCHD returned +32.53%. Year to date, FNGO is up 29.43% versus a gain of 28.63% for SCHD.
Over three years, FNGO compounded at +60.40% per year against +16.97% for SCHD; over five years the annualized figures are +28.80% and +10.47% respectively. Across the full 8-year window we track, FNGO has the edge at +39.10% annualized vs +11.63%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNGO has been the more volatile fund, with annualized monthly volatility of 56.2% compared with 13.7% 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 worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
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 3.13% for SCHD.
Holdings Overlap
FNGO and SCHD share 0 holdings out of 110 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, FNGO or SCHD?
FNGO 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, FNGO or SCHD?
Over the past year FNGO returned +31.55% vs +32.53% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), FNGO annualized +39.10% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, FNGO or SCHD?
FNGO has been the more volatile fund at 56.2% annualized versus 13.7% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FNGO and SCHD?
FNGO and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 110 unique securities.
Which pays a higher dividend, FNGO or SCHD?
FNGO yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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