MUU vs SCHD
Direxion Daily MU Bull 2X ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. MUU delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | MUU | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.06% | |
| AUM | $4.2B | $108.7B | |
| Dividend Yield | 1.43% | 3.13% | |
| Holdings | 12 | 104 | |
| YTD Return | +435.09% | +26.54% | |
| 1Y Return | +2717.01% | +30.90% | |
| 3Y Return (annualized) | - | +16.29% | |
| 5Y Return (annualized) | - | +9.65% | |
| Volatility (annualized) | 222.1% | 13.6% | |
| Max Drawdown | -75.1% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Oct 10, 2024 | Oct 20, 2011 |
MUU vs SCHD Performance
Direxion Daily MU Bull 2X ETF (MUU) 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 MUU returned +2717.01% while SCHD returned +30.90%. Year to date, MUU is up 435.09% versus a gain of 26.54% for SCHD.
Risk: Volatility and Drawdowns
MUU has been the more volatile fund, with annualized monthly volatility of 222.1% 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 -75.1% for MUU 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MUU charges 1.01% per year while SCHD charges 0.06%. On a $10,000 position that is $101 vs $6 annually, a gap of $95 per year that compounds over a long holding period. On income, MUU currently yields 1.43% against 3.13% for SCHD.
Holdings Overlap
MUU and SCHD share 0 holdings out of 105 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, MUU or SCHD?
MUU has an expense ratio of 1.01% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, MUU or SCHD?
Over the past year MUU returned +2717.01% vs +30.90% for SCHD, so MUU leads on 1-year performance. Over the longest common window we track (2 years), MUU annualized +482.67% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, MUU or SCHD?
MUU has been the more volatile fund at 222.1% annualized versus 13.6% for SCHD. Worst drawdown: MUU -75.1% vs SCHD -33.4%.
Should I hold both MUU and SCHD?
MUU and SCHD have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MUU and SCHD?
MUU and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, MUU or SCHD?
MUU yields 1.43% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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