NVDD vs SCHD
Direxion Daily NVDA 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 104 holdings.
Side-by-Side Comparison
| Metric | NVDD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.06% | |
| AUM | $19M | $108.7B | |
| Dividend Yield | 2.70% | 3.13% | |
| Holdings | 9 | 104 | |
| YTD Return | -17.78% | +27.93% | |
| 1Y Return | -22.41% | +30.06% | |
| 3Y Return (annualized) | -48.88% | +16.25% | |
| 5Y Return (annualized) | - | +10.03% | |
| Volatility (annualized) | 32.3% | 13.6% | |
| Max Drawdown | -88.3% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Sep 13, 2023 | Oct 20, 2011 |
NVDD vs SCHD Performance
Direxion Daily NVDA Bear 1X ETF (NVDD) 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 NVDD returned -22.41% while SCHD returned +30.06%. Year to date, NVDD is down 17.78% versus a gain of 27.93% for SCHD.
Over three years, NVDD compounded at -48.88% per year against +16.25% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.56% annualized vs -48.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDD has been the more volatile fund, with annualized monthly volatility of 32.3% 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 -88.3% for NVDD 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 -0.11. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVDD 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, NVDD currently yields 2.70% against 3.13% for SCHD.
Holdings Overlap
NVDD and SCHD share 0 holdings out of 104 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, NVDD or SCHD?
NVDD 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, NVDD or SCHD?
Over the past year NVDD returned -22.41% vs +30.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), NVDD annualized -48.88% vs +11.56% for SCHD. Past performance does not guarantee future results.
Which is riskier, NVDD or SCHD?
NVDD has been the more volatile fund at 32.3% annualized versus 13.6% for SCHD. Worst drawdown: NVDD -88.3% vs SCHD -33.4%.
Should I hold both NVDD and SCHD?
NVDD and SCHD have a monthly-return correlation of -0.11, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVDD and SCHD?
NVDD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, NVDD or SCHD?
NVDD yields 2.70% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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