RKLX vs SCHD
Defiance Daily Target 2X Long RKLB ETF 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 | RKLX | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.29% | 0.06% | |
| AUM | $158M | $103.7B | |
| Dividend Yield | 13.35% | 3.31% | |
| Holdings | 11 | 104 | |
| YTD Return | -48.40% | +26.21% | |
| 1Y Return | -8.22% | +29.99% | |
| 3Y Return (annualized) | - | +15.73% | |
| 5Y Return (annualized) | - | +9.67% | |
| Volatility (annualized) | 210.9% | 13.6% | |
| Max Drawdown | -88.1% | -33.4% | |
| Fund Family | Defiance ETFs, LLC | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Mar 12, 2025 | Oct 20, 2011 |
RKLX vs SCHD Performance
Defiance Daily Target 2X Long RKLB ETF (RKLX) is a ETF from Defiance ETFs, LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RKLX returned -8.22% while SCHD returned +29.99%. Year to date, RKLX is down 48.40% versus a gain of 26.21% for SCHD.
Risk: Volatility and Drawdowns
RKLX has been the more volatile fund, with annualized monthly volatility of 210.9% 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 -88.1% for RKLX 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 -0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
RKLX charges 1.29% per year while SCHD charges 0.06%. On a $10,000 position that is $129 vs $6 annually, a gap of $123 per year that compounds over a long holding period. On income, RKLX currently yields 13.35% against 3.31% for SCHD.
Holdings Overlap
RKLX and SCHD share 0 holdings out of 102 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, RKLX or SCHD?
RKLX has an expense ratio of 1.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $123 per year of difference.
Which performed better, RKLX or SCHD?
Over the past year RKLX returned -8.22% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), RKLX annualized +161.58% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, RKLX or SCHD?
RKLX has been the more volatile fund at 210.9% annualized versus 13.6% for SCHD. Worst drawdown: RKLX -88.1% vs SCHD -33.4%.
Should I hold both RKLX and SCHD?
RKLX and SCHD have a monthly-return correlation of -0.13, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RKLX and SCHD?
RKLX and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, RKLX or SCHD?
RKLX yields 13.35% while SCHD yields 3.31%, so RKLX currently pays the higher dividend yield.
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