IONX vs SCHD
Defiance Daily Target 2X Long IONQ ETF 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 100 holdings.
Side-by-Side Comparison
| Metric | IONX | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.29% | 0.06% | |
| AUM | $110M | $103.7B | |
| Dividend Yield | 1.09% | 3.31% | |
| Holdings | 11 | 104 | |
| YTD Return | -57.60% | +25.62% | |
| 1Y Return | -71.04% | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 210.1% | 13.6% | |
| Max Drawdown | -94.0% | -33.4% | |
| Fund Family | Defiance ETFs, LLC | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Mar 11, 2025 | Oct 20, 2011 |
IONX vs SCHD Performance
Defiance Daily Target 2X Long IONQ ETF (IONX) is a ETF from Defiance ETFs, LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IONX returned -71.04% while SCHD returned +32.62%. Year to date, IONX is down 57.60% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
IONX has been the more volatile fund, with annualized monthly volatility of 210.1% 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 -94.0% for IONX 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 -0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IONX charges 1.29% per year while SCHD charges 0.06%. On a $10,000 position that is $129 vs $6 annually, a gap of $123 per year that compounds over a long holding period. On income, IONX currently yields 1.09% against 3.31% for SCHD.
Holdings Overlap
IONX and SCHD share 0 holdings out of 101 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, IONX or SCHD?
IONX has an expense ratio of 1.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $123 per year of difference.
Which performed better, IONX or SCHD?
Over the past year IONX returned -71.04% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), IONX annualized -17.27% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, IONX or SCHD?
IONX has been the more volatile fund at 210.1% annualized versus 13.6% for SCHD. Worst drawdown: IONX -94.0% vs SCHD -33.4%.
Should I hold both IONX and SCHD?
IONX and SCHD have a monthly-return correlation of -0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IONX and SCHD?
IONX and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, IONX or SCHD?
IONX yields 1.09% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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