METD vs SCHD
Direxion Daily META Bear 1X 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 | METD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.06% | |
| AUM | $9M | $112.2B | |
| Dividend Yield | 2.51% | 3.13% | |
| Holdings | 8 | 103 | |
| YTD Return | +3.83% | +27.60% | |
| 1Y Return | +16.55% | +29.63% | |
| 3Y Return (annualized) | - | +16.43% | |
| 5Y Return (annualized) | - | +10.05% | |
| Volatility (annualized) | 29.1% | 13.6% | |
| Max Drawdown | -46.0% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 5, 2024 | Oct 20, 2011 |
METD vs SCHD Performance
Direxion Daily META Bear 1X ETF (METD) 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 METD returned +16.55% while SCHD returned +29.63%. Year to date, METD is up 3.83% versus a gain of 27.60% for SCHD.
Risk: Volatility and Drawdowns
METD has been the more volatile fund, with annualized monthly volatility of 29.1% 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 -46.0% for METD 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 -0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
METD charges 1.02% per year while SCHD charges 0.06%. On a $10,000 position that is $102 vs $6 annually, a gap of $96 per year that compounds over a long holding period. On income, METD currently yields 2.51% against 3.13% for SCHD.
Holdings Overlap
METD and SCHD share 0 holdings out of 103 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, METD or SCHD?
METD has an expense ratio of 1.02% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $96 per year of difference.
Which performed better, METD or SCHD?
Over the past year METD returned +16.55% vs +29.63% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), METD annualized -12.93% vs +11.54% for SCHD. Past performance does not guarantee future results.
Which is riskier, METD or SCHD?
METD has been the more volatile fund at 29.1% annualized versus 13.6% for SCHD. Worst drawdown: METD -46.0% vs SCHD -33.4%.
Should I hold both METD and SCHD?
METD and SCHD have a monthly-return correlation of -0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between METD and SCHD?
METD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, METD or SCHD?
METD yields 2.51% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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