OOTO vs SCHD
Direxion Daily Travel & Vacation Bull 2X vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. OOTO delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | OOTO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.07% | 0.06% | |
| AUM | $6M | $103.7B | |
| Dividend Yield | 1.27% | 3.31% | |
| Holdings | 54 | 104 | |
| YTD Return | +1.71% | +25.62% | |
| 1Y Return | +42.54% | +32.62% | |
| 3Y Return (annualized) | +22.56% | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 51.9% | 13.6% | |
| Max Drawdown | -66.9% | -33.4% | |
| Fund Family | Direxion Shares ETF Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 10, 2021 | Oct 20, 2011 |
OOTO vs SCHD Performance
Direxion Daily Travel & Vacation Bull 2X (OOTO) 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 OOTO returned +42.54% while SCHD returned +32.62%. Year to date, OOTO is up 1.71% versus a gain of 25.62% for SCHD.
Over three years, OOTO compounded at +22.56% per year against +15.58% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.47% annualized vs -6.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OOTO has been the more volatile fund, with annualized monthly volatility of 51.9% 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 -66.9% for OOTO 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OOTO charges 1.07% per year while SCHD charges 0.06%. On a $10,000 position that is $107 vs $6 annually, a gap of $101 per year that compounds over a long holding period. On income, OOTO currently yields 1.27% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, OOTO or SCHD?
OOTO has an expense ratio of 1.07% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $101 per year of difference.
Which performed better, OOTO or SCHD?
Over the past year OOTO returned +42.54% vs +32.62% for SCHD, so OOTO leads on 1-year performance. Over the longest common window we track (4 years), OOTO annualized -6.08% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, OOTO or SCHD?
OOTO has been the more volatile fund at 51.9% annualized versus 13.6% for SCHD. Worst drawdown: OOTO -66.9% vs SCHD -33.4%.
Should I hold both OOTO and SCHD?
OOTO and SCHD have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, OOTO or SCHD?
OOTO yields 1.27% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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