RWM vs SCHD
ProShares Short Russell2000 vs Schwab US Dividend Equity ETF
Which is better, RWM or SCHD?
Opposite sides of the same exposure.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.78, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RWM | SCHD |
|---|---|---|
| Expense Ratio | 0.95% | 0.06%Best |
| AUM | $123M | $112.1B |
| Dividend Yield | 3.76% | 3.00% |
| Holdings | 10 | 103 |
| YTD Return | -12.76% | +25.07%Best |
| 1Y Return | -15.22% | +27.61%Best |
| 3Y Return (annualized) | -12.54% | +15.74%Best |
| 5Y Return (annualized) | -5.56% | +9.89%Best |
| Volatility (annualized) | 18.1% | 13.6%Best |
| Max Drawdown | -88.7% | -33.4%Best |
| $10,000 over 5 years | $7,512 | $16,025Best |
| Fund Family | ProShares | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Value |
| Inception | Jan 23, 2007 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 11, 2026 (14.9 years).
RWM vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
RWM vs SCHD Performance
ProShares Short Russell2000 (RWM) is an ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RWM returned -15.22% while SCHD returned +27.61%. Year to date, RWM is down 12.76% versus a gain of 25.07% for SCHD.
Over three years, RWM compounded at -12.54% per year against +15.74% for SCHD; over five years the annualized figures are -5.56% and +9.89% respectively. Across the full 15-year window we track, SCHD has the edge at +11.36% annualized vs -13.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RWM has been the more volatile fund, with annualized monthly volatility of 18.1% 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 -88.7% for RWM and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.78. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
RWM 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, RWM currently yields 3.76% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1 holding in RWM and 100 in SCHD, totalling 84.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in RWM and 100 in SCHD, against full books of 10 and 103.
You are not choosing between two funds in isolation.
Whichever of RWM and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RWM or SCHD?
RWM has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, RWM or SCHD?
Over the past year RWM returned -15.22% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), RWM annualized -13.13% vs +11.36% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RWM or SCHD?
RWM has been the more volatile fund at 18.1% annualized versus 13.6% for SCHD. Worst drawdown: RWM -88.7% vs SCHD -33.4%.
Should I hold both RWM and SCHD?
RWM and SCHD have a monthly-return correlation of -0.78, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, RWM or SCHD?
RWM yields 3.76% while SCHD yields 3.00%, so RWM currently pays the higher dividend yield.
Is SCHD better than RWM?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.78, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.