SCHD vs SHPU
Schwab US Dividend Equity ETF vs Direxion Daily SHOP Bull 2X 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 | SCHD | SHPU | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.09% | |
| AUM | $108.7B | $15M | |
| Dividend Yield | 3.13% | 52.93% | |
| Holdings | 104 | 10 | |
| YTD Return | +26.54% | -28.71% | |
| 1Y Return | +30.90% | -23.42% | |
| 3Y Return (annualized) | +16.29% | - | |
| 5Y Return (annualized) | +9.65% | - | |
| Volatility (annualized) | 13.6% | 93.5% | |
| Max Drawdown | -33.4% | -77.7% | |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Aug 6, 2025 |
SCHD vs SHPU Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Direxion Daily SHOP Bull 2X ETF (SHPU) is a ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +30.90% while SHPU returned -23.42%. Year to date, SCHD is up 26.54% versus a loss of 28.71% for SHPU.
Risk: Volatility and Drawdowns
SHPU has been the more volatile fund, with annualized monthly volatility of 93.5% 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 -33.4% for SCHD and -77.7% for SHPU. 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 -0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SHPU charges 1.09%. On a $10,000 position that is $6 vs $109 annually, a gap of $103 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 52.93% for SHPU.
Holdings Overlap
SCHD and SHPU share 0 holdings out of 105 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 SHPU?
SCHD has an expense ratio of 0.06% while SHPU charges 1.09%. SCHD is the cheaper option. On a $10,000 investment, that is $103 per year of difference.
Which performed better, SCHD or SHPU?
Over the past year SCHD returned +30.90% vs -23.42% for SHPU, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.51% vs -33.25% for SHPU. Past performance does not guarantee future results.
Which is riskier, SCHD or SHPU?
SHPU has been the more volatile fund at 93.5% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SHPU -77.7%.
Should I hold both SCHD and SHPU?
SCHD and SHPU have a monthly-return correlation of -0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SHPU?
SCHD and SHPU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, SCHD or SHPU?
SCHD yields 3.13% while SHPU yields 52.93%, so SHPU currently pays the higher dividend yield.
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