MSDD vs SCHD
GraniteShares 2x Short MSTR Daily ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. MSDD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | MSDD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.50% | 0.06% | |
| AUM | $2M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 1 | 104 | |
| YTD Return | -45.26% | +27.67% | |
| 1Y Return | +70.78% | +29.56% | |
| 3Y Return (annualized) | - | +16.53% | |
| 5Y Return (annualized) | - | +9.95% | |
| Volatility (annualized) | 133.8% | 13.6% | |
| Max Drawdown | -84.9% | -33.4% | |
| Fund Family | GraniteShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 9, 2025 | Oct 20, 2011 |
MSDD vs SCHD Performance
GraniteShares 2x Short MSTR Daily ETF (MSDD) is a ETF from GraniteShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MSDD returned +70.78% while SCHD returned +29.56%. Year to date, MSDD is down 45.26% versus a gain of 27.67% for SCHD.
Risk: Volatility and Drawdowns
MSDD has been the more volatile fund, with annualized monthly volatility of 133.8% 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 -84.9% for MSDD 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 -0.19. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MSDD charges 1.50% per year while SCHD charges 0.06%. On a $10,000 position that is $150 vs $6 annually, a gap of $144 per year that compounds over a long holding period. On income, MSDD currently yields 0.00% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, MSDD or SCHD?
MSDD has an expense ratio of 1.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $144 per year of difference.
Which performed better, MSDD or SCHD?
Over the past year MSDD returned +70.78% vs +29.56% for SCHD, so MSDD leads on 1-year performance. Over the longest common window we track (1 years), MSDD annualized +87.92% vs +11.55% for SCHD. Past performance does not guarantee future results.
Which is riskier, MSDD or SCHD?
MSDD has been the more volatile fund at 133.8% annualized versus 13.6% for SCHD. Worst drawdown: MSDD -84.9% vs SCHD -33.4%.
Should I hold both MSDD and SCHD?
MSDD and SCHD have a monthly-return correlation of -0.19, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, MSDD or SCHD?
MSDD yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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