NVDL vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricNVDLSCHDWinner
Expense Ratio1.05%0.06%
AUM$3.2B$103.7B
Dividend Yield0.00%3.31%
Holdings2104
YTD Return+21.26%+25.58%
1Y Return+17.78%+31.06%
3Y Return (annualized)+103.26%+15.55%
5Y Return (annualized)-+9.61%
Volatility (annualized)79.6%13.6%
Max Drawdown-67.5%-33.4%
Fund FamilyGraniteSharesCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionDec 13, 2022Oct 20, 2011

NVDL vs SCHD Performance

GraniteShares 2x Long NVDA Daily ETF (NVDL) is a ETF from GraniteShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NVDL returned +17.78% while SCHD returned +31.06%. Year to date, NVDL is up 21.26% versus a gain of 25.58% for SCHD.

Over three years, NVDL compounded at +103.26% per year against +15.55% for SCHD. Across the full 4-year window we track, NVDL has the edge at +148.03% annualized vs +11.46%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

NVDL has been the more volatile fund, with annualized monthly volatility of 79.6% 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 -67.5% for NVDL 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 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

NVDL charges 1.05% per year while SCHD charges 0.06%. On a $10,000 position that is $105 vs $6 annually, a gap of $99 per year that compounds over a long holding period. On income, NVDL currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

NVDL and SCHD share 0 holdings out of 101 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, NVDL or SCHD?

NVDL has an expense ratio of 1.05% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $99 per year of difference.

Which performed better, NVDL or SCHD?

Over the past year NVDL returned +17.78% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), NVDL annualized +148.03% vs +11.46% for SCHD. Past performance does not guarantee future results.

Which is riskier, NVDL or SCHD?

NVDL has been the more volatile fund at 79.6% annualized versus 13.6% for SCHD. Worst drawdown: NVDL -67.5% vs SCHD -33.4%.

Should I hold both NVDL and SCHD?

NVDL and SCHD have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between NVDL and SCHD?

NVDL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, NVDL or SCHD?

NVDL yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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