SCHD vs SMCZ
Schwab US Dividend Equity ETF vs Defiance Daily Target 2X Short SMCI ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | SMCZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.29% | |
| AUM | $103.7B | $47,364.34 | |
| Dividend Yield | 3.31% | 0.00% | |
| Holdings | 104 | 8 | |
| YTD Return | +26.21% | -94.00% | |
| 1Y Return | +29.99% | -91.46% | |
| 3Y Return (annualized) | +15.73% | - | |
| 5Y Return (annualized) | +9.67% | - | |
| Volatility (annualized) | 13.6% | 175.6% | |
| Max Drawdown | -33.4% | -98.5% | |
| Fund Family | Charles Schwab Asset Management | Defiance ETFs, LLC | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Mar 31, 2025 |
SCHD vs SMCZ Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Defiance Daily Target 2X Short SMCI ETF (SMCZ) is a ETF from Defiance ETFs, LLC. Over the past year SCHD returned +29.99% while SMCZ returned -91.46%. Year to date, SCHD is up 26.21% versus a loss of 94.00% for SMCZ.
Risk: Volatility and Drawdowns
SMCZ has been the more volatile fund, with annualized monthly volatility of 175.6% 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 -98.5% for SMCZ. 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMCZ charges 1.29%. On a $10,000 position that is $6 vs $129 annually, a gap of $123 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for SMCZ.
Holdings Overlap
SCHD and SMCZ share 0 holdings out of 101 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 SMCZ?
SCHD has an expense ratio of 0.06% while SMCZ charges 1.29%. SCHD is the cheaper option. On a $10,000 investment, that is $123 per year of difference.
Which performed better, SCHD or SMCZ?
Over the past year SCHD returned +29.99% vs -91.46% for SMCZ, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.50% vs -94.18% for SMCZ. Past performance does not guarantee future results.
Which is riskier, SCHD or SMCZ?
SMCZ has been the more volatile fund at 175.6% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SMCZ -98.5%.
Should I hold both SCHD and SMCZ?
SCHD and SMCZ have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SMCZ?
SCHD and SMCZ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or SMCZ?
SCHD yields 3.31% while SMCZ yields 0.00%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.