MEXX vs SCHD
Direxion Daily MSCI Mexico Bull 3X ETF vs Schwab US Dividend Equity ETF
Which is better, MEXX or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | MEXX | SCHD |
|---|---|---|
| Expense Ratio | 1.23% | 0.06%Best |
| AUM | $17M | $112.1B |
| Dividend Yield | 1.42% | 3.00% |
| Holdings | 10 | 103 |
| YTD Return | +1.93% | +23.60%Best |
| 1Y Return | +15.65% | +28.29%Best |
| 3Y Return (annualized) | +2.38% | +16.25%Best |
| 5Y Return (annualized) | +9.94% | +10.25%Best |
| Volatility (annualized) | 71.4% | 15.8%Best |
| Max Drawdown | -95.8% | -33.4%Best |
| $10,000 over 5 years | $16,061 | $16,289Best |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | May 3, 2017 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 3, 2017 to Sep 21, 2026 (9.4 years).
MEXX 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 covers the 9.4 years both funds cover.
MEXX vs SCHD Performance
Direxion Daily MSCI Mexico Bull 3X ETF (MEXX) is an ETF from Direxion Shares ETF Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MEXX returned +15.65% while SCHD returned +28.29%. Year to date, MEXX is up 1.93% versus a gain of 23.60% for SCHD.
Over three years, MEXX compounded at +2.38% per year against +16.25% for SCHD; over five years the annualized figures are +9.94% and +10.25% respectively. Across the full 9-year window we track, SCHD has the edge at +11.36% annualized vs -7.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEXX has been the more volatile fund, with annualized monthly volatility of 71.4% compared with 15.8% 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 -95.8% for MEXX 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MEXX charges 1.23% per year while SCHD charges 0.06%. On a $10,000 position that is $123 vs $6 annually, a gap of $117 per year that compounds over a long holding period. On income, MEXX currently yields 1.42% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 4 holdings in MEXX and 100 in SCHD, totalling 101.8% 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 4 positions we hold weights for in MEXX and 100 in SCHD, against full books of 10 and 103.
You are not choosing between two funds in isolation.
Whichever of MEXX 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, MEXX or SCHD?
MEXX has an expense ratio of 1.23% while SCHD charges 0.06%. SCHD is the cheaper option, by $117 a year on a $10,000 investment.
Which performed better, MEXX or SCHD?
Over the past year MEXX returned +15.65% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), MEXX annualized -7.41% vs +11.36% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MEXX or SCHD?
MEXX has been the more volatile fund at 71.4% annualized versus 15.8% for SCHD. Worst drawdown: MEXX -95.8% vs SCHD -33.4%.
Should I hold both MEXX and SCHD?
MEXX and SCHD have a monthly-return correlation of 0.61, 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, MEXX or SCHD?
MEXX yields 1.42% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MEXX?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.