SCHD vs SDP
Schwab US Dividend Equity ETF vs ProShares UltraShort Utilities
Which is better, SCHD or SDP?
Large Cap Value against Trading-Inverse Equity.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | SCHD | SDP |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.95% |
| AUM | $112.1B | $4M |
| Dividend Yield | 3.00% | 3.68% |
| Holdings | 103 | 4 |
| YTD Return | +23.46%Best | +8.78% |
| 1Y Return | +27.20%Best | +3.28% |
| 3Y Return (annualized) | +15.41%Best | -17.25% |
| 5Y Return (annualized) | +10.16%Best | -13.84% |
| Volatility (annualized) | 13.7%Best | 28.4% |
| Max Drawdown | -33.4%Best | -98.7% |
| $10,000 over 5 years | $16,223Best | $4,748 |
| Fund Family | Charles Schwab Asset Management | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Value | Trading-Inverse Equity |
| Inception | Oct 20, 2011 | Jan 30, 2007 |
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 18, 2026 (14.9 years).
SCHD vs SDP 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.
SCHD vs SDP Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and ProShares UltraShort Utilities (SDP) is an ETF from ProShares. Over the past year SCHD returned +27.20% while SDP returned +3.28%. Year to date, SCHD is up 23.46% versus a gain of 8.78% for SDP.
Over three years, SCHD compounded at +15.41% per year against -17.25% for SDP; over five years the annualized figures are +10.16% and -13.84% respectively. Across the full 15-year window we track, SCHD has the edge at +11.25% annualized vs -21.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SDP has been the more volatile fund, with annualized monthly volatility of 28.4% compared with 13.7% 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 -33.4% for SCHD and -98.7% for SDP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SDP charges 0.95%. On a $10,000 position that is $6 vs $95 annually, a gap of $89 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 3.68% for SDP.
You are not choosing between two funds in isolation.
Whichever of SCHD and SDP 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, SCHD or SDP?
SCHD has an expense ratio of 0.06% while SDP charges 0.95%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, SCHD or SDP?
Over the past year SCHD returned +27.20% vs +3.28% for SDP, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.25% vs -21.87% for SDP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SDP?
SDP has been the more volatile fund at 28.4% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs SDP -98.7%.
Should I hold both SCHD and SDP?
SCHD and SDP have a monthly-return correlation of -0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or SDP?
SCHD yields 3.00% while SDP yields 3.68%, so SDP currently pays the higher dividend yield.
Is SDP better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.