LMTL vs SCHD
Direxion Daily LMT Bull 2X 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 103 holdings.
Side-by-Side Comparison
| Metric | LMTL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.07% | 0.06% | |
| AUM | $6M | $112.2B | |
| Dividend Yield | 3.47% | 3.13% | |
| Holdings | 9 | 103 | |
| YTD Return | +4.29% | +28.33% | |
| 1Y Return | +21.58% | +30.37% | |
| 3Y Return (annualized) | - | +16.64% | |
| 5Y Return (annualized) | - | +10.04% | |
| Volatility (annualized) | 85.7% | 13.6% | |
| Max Drawdown | -49.3% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 6, 2025 | Oct 20, 2011 |
LMTL vs SCHD Performance
Direxion Daily LMT Bull 2X ETF (LMTL) is a ETF from Direxion Shares ETF Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LMTL returned +21.58% while SCHD returned +30.37%. Year to date, LMTL is up 4.29% versus a gain of 28.33% for SCHD.
Risk: Volatility and Drawdowns
LMTL has been the more volatile fund, with annualized monthly volatility of 85.7% 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 -49.3% for LMTL 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LMTL charges 1.07% per year while SCHD charges 0.06%. On a $10,000 position that is $107 vs $6 annually, a gap of $101 per year that compounds over a long holding period. On income, LMTL currently yields 3.47% against 3.13% for SCHD.
Holdings Overlap
LMTL and SCHD share 1 holdings out of 103 unique holdings combined, representing a 3.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in LMTL | Weight in SCHD | Difference |
|---|---|---|---|
| LMT | 13.47% | 2.99% | 10.48% |
Frequently Asked Questions
Which is cheaper, LMTL or SCHD?
LMTL has an expense ratio of 1.07% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $101 per year of difference.
Which performed better, LMTL or SCHD?
Over the past year LMTL returned +21.58% vs +30.37% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), LMTL annualized +29.62% vs +11.58% for SCHD. Past performance does not guarantee future results.
Which is riskier, LMTL or SCHD?
LMTL has been the more volatile fund at 85.7% annualized versus 13.6% for SCHD. Worst drawdown: LMTL -49.3% vs SCHD -33.4%.
Should I hold both LMTL and SCHD?
LMTL and SCHD have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LMTL and SCHD?
LMTL and SCHD share 1 common holdings with a 3.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, LMTL or SCHD?
LMTL yields 3.47% while SCHD yields 3.13%, so LMTL currently pays the higher dividend yield.
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