PST vs SCHD
ProShares UltraShort 7-10 Year Treasury 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 100 holdings.
Side-by-Side Comparison
| Metric | PST | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $10M | $103.7B | |
| Dividend Yield | 2.89% | 3.31% | |
| Holdings | 7 | 104 | |
| YTD Return | +6.95% | +24.26% | |
| 1Y Return | +6.68% | +31.38% | |
| 3Y Return (annualized) | +4.11% | +15.08% | |
| 5Y Return (annualized) | +10.29% | +9.72% | |
| Volatility (annualized) | 13.3% | 13.6% | |
| Max Drawdown | -79.8% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Apr 29, 2008 | Oct 20, 2011 |
PST vs SCHD Performance
ProShares UltraShort 7-10 Year Treasury (PST) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PST returned +6.68% while SCHD returned +31.38%. Year to date, PST is up 6.95% versus a gain of 24.26% for SCHD.
Over three years, PST compounded at +4.11% per year against +15.08% for SCHD; over five years the annualized figures are +10.29% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs -5.25%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.3% for PST. 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 -79.8% for PST 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 -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PST charges 0.95% per year while SCHD charges 0.06%. On a $10,000 position that is $95 vs $6 annually, a gap of $89 per year that compounds over a long holding period. On income, PST currently yields 2.89% against 3.31% for SCHD.
Holdings Overlap
PST 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, PST or SCHD?
PST has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, PST or SCHD?
Over the past year PST returned +6.68% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PST annualized -5.25% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, PST or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 13.3% for PST. Worst drawdown: PST -79.8% vs SCHD -33.4%.
Should I hold both PST and SCHD?
PST and SCHD have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PST and SCHD?
PST and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, PST or SCHD?
PST yields 2.89% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.