REW vs SCHD
ProShares UltraShort Technology 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 | REW | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.06% | |
| AUM | $3M | $108.7B | |
| Dividend Yield | 6.74% | 3.13% | |
| Holdings | 9 | 104 | |
| YTD Return | -47.69% | +27.67% | |
| 1Y Return | -56.52% | +29.56% | |
| 3Y Return (annualized) | -46.70% | +16.53% | |
| 5Y Return (annualized) | -36.60% | +9.95% | |
| Volatility (annualized) | 38.4% | 13.6% | |
| Max Drawdown | -100.0% | -33.4% | |
| Fund Family | ProShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 30, 2007 | Oct 20, 2011 |
REW vs SCHD Performance
ProShares UltraShort Technology (REW) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year REW returned -56.52% while SCHD returned +29.56%. Year to date, REW is down 47.69% versus a gain of 27.67% for SCHD.
Over three years, REW compounded at -46.70% per year against +16.53% for SCHD; over five years the annualized figures are -36.60% and +9.95% respectively. Across the full 15-year window we track, SCHD has the edge at +11.55% annualized vs -37.82%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REW has been the more volatile fund, with annualized monthly volatility of 38.4% 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 -100.0% for REW 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 -0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
REW 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, REW currently yields 6.74% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, REW or SCHD?
REW 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, REW or SCHD?
Over the past year REW returned -56.52% vs +29.56% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), REW annualized -37.82% vs +11.55% for SCHD. Past performance does not guarantee future results.
Which is riskier, REW or SCHD?
REW has been the more volatile fund at 38.4% annualized versus 13.6% for SCHD. Worst drawdown: REW -100.0% vs SCHD -33.4%.
Should I hold both REW and SCHD?
REW and SCHD have a monthly-return correlation of -0.55, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, REW or SCHD?
REW yields 6.74% while SCHD yields 3.13%, so REW currently pays the higher dividend yield.
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