SCHD vs SHPD

Quick Verdict

SCHD has a lower expense ratio. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: TiedMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDSHPDWinner
Expense Ratio0.06%1.03%
AUM$103.7B$3M
Dividend Yield3.31%1.59%
Holdings1048
YTD Return+25.33%+29.65%
1Y Return+32.31%-
3Y Return (annualized)+15.40%-
5Y Return (annualized)+9.70%-
Volatility (annualized)13.6%-
Max Drawdown-33.4%-25.2%
Fund FamilyCharles Schwab Asset ManagementDirexion Shares ETF Trust
CategoryEquityAlternative
InceptionOct 20, 2011Aug 6, 2025

SCHD vs SHPD Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Direxion Daily SHOP Bear 1X ETF (SHPD) is a ETF from Direxion Shares ETF Trust. Year to date, SCHD is up 25.33% versus a gain of 29.65% for SHPD.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -33.4% for SCHD and -25.2% for SHPD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SCHD charges 0.06% per year while SHPD charges 1.03%. On a $10,000 position that is $6 vs $103 annually, a gap of $97 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 1.59% for SHPD.

Holdings Overlap

0.0%overlap

SCHD and SHPD share 0 holdings out of 104 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, SCHD or SHPD?

SCHD has an expense ratio of 0.06% while SHPD charges 1.03%. SCHD is the cheaper option. On a $10,000 investment, that is $97 per year of difference.

What is the holdings overlap between SCHD and SHPD?

SCHD and SHPD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, SCHD or SHPD?

SCHD yields 3.31% while SHPD yields 1.59%, so SCHD currently pays the higher dividend yield.

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