REK vs SCHD
ProShares Short Real Estate 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 | REK | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $12M | $108.7B | |
| Dividend Yield | 3.28% | 3.13% | |
| Holdings | 8 | 104 | |
| YTD Return | -8.66% | +27.67% | |
| 1Y Return | -4.27% | +29.56% | |
| 3Y Return (annualized) | -5.27% | +16.53% | |
| 5Y Return (annualized) | +0.20% | +9.95% | |
| Volatility (annualized) | 16.0% | 13.6% | |
| Max Drawdown | -84.8% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Mar 16, 2010 | Oct 20, 2011 |
REK vs SCHD Performance
ProShares Short Real Estate (REK) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year REK returned -4.27% while SCHD returned +29.56%. Year to date, REK is down 8.66% versus a gain of 27.67% for SCHD.
Over three years, REK compounded at -5.27% per year against +16.53% for SCHD; over five years the annualized figures are +0.20% and +9.95% respectively. Across the full 15-year window we track, SCHD has the edge at +11.55% annualized vs -9.88%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REK has been the more volatile fund, with annualized monthly volatility of 16.0% 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 -84.8% for REK 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 -0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
REK 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, REK currently yields 3.28% against 3.13% for SCHD.
Holdings Overlap
REK 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, REK or SCHD?
REK 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, REK or SCHD?
Over the past year REK returned -4.27% vs +29.56% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), REK annualized -9.88% vs +11.55% for SCHD. Past performance does not guarantee future results.
Which is riskier, REK or SCHD?
REK has been the more volatile fund at 16.0% annualized versus 13.6% for SCHD. Worst drawdown: REK -84.8% vs SCHD -33.4%.
Should I hold both REK and SCHD?
REK and SCHD have a monthly-return correlation of -0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between REK and SCHD?
REK and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, REK or SCHD?
REK yields 3.28% while SCHD yields 3.13%, so REK currently pays the higher dividend yield.
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