SCHD vs SKRE

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDSKREWinner
Expense Ratio0.06%0.75%
AUM$103.7B$5M
Dividend Yield3.31%0.37%
Holdings1042
YTD Return+25.58%-35.09%
1Y Return+31.06%-46.21%
3Y Return (annualized)+15.55%-
5Y Return (annualized)+9.61%-
Volatility (annualized)13.6%41.7%
Max Drawdown-33.4%-78.7%
Fund FamilyCharles Schwab Asset ManagementTuttle Funds
CategoryEquityAlternative
InceptionOct 20, 2011Jan 4, 2024

SCHD vs SKRE Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) is a ETF from Tuttle Funds. Over the past year SCHD returned +31.06% while SKRE returned -46.21%. Year to date, SCHD is up 25.58% versus a loss of 35.09% for SKRE.

Risk: Volatility and Drawdowns

SKRE has been the more volatile fund, with annualized monthly volatility of 41.7% 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 -78.7% for SKRE. 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 -0.63. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while SKRE charges 0.75%. On a $10,000 position that is $6 vs $75 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.37% for SKRE.

Frequently Asked Questions

Which is cheaper, SCHD or SKRE?

SCHD has an expense ratio of 0.06% while SKRE charges 0.75%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.

Which performed better, SCHD or SKRE?

Over the past year SCHD returned +31.06% vs -46.21% for SKRE, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.46% vs -41.06% for SKRE. Past performance does not guarantee future results.

Which is riskier, SCHD or SKRE?

SKRE has been the more volatile fund at 41.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SKRE -78.7%.

Should I hold both SCHD and SKRE?

SCHD and SKRE have a monthly-return correlation of -0.63, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SCHD or SKRE?

SCHD yields 3.31% while SKRE yields 0.37%, so SCHD currently pays the higher dividend yield.

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