SCHD vs SMCZ
Schwab US Dividend Equity ETF vs Defiance Daily Target 2X Short SMCI ETF
Which is better, SCHD or SMCZ?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | SMCZ |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.55% |
| AUM | $108.9B | $4M |
| Dividend Yield | 3.00% | 37.25% |
| Holdings | 206 | 14 |
| YTD Return | +22.89%Best | -95.45% |
| 1Y Return | +29.27%Best | -89.49% |
| 3Y Return (annualized) | +16.56% | - |
| 5Y Return (annualized) | +9.63% | - |
| Volatility (annualized) | 12.9%Best | 165.6% |
| Max Drawdown | -12.7% | - |
| $10,000 over 1.5 years | $12,536Best | $170 |
| Fund Family | Charles Schwab Asset Management | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Mar 31, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Oct 12, 2026 (1.5 years).
SCHD vs SMCZ 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 1.5 years both funds cover.
SCHD vs SMCZ Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Defiance Daily Target 2X Short SMCI ETF (SMCZ) is an ETF from Defiance ETFs, LLC. Over the past year SCHD returned +29.27% while SMCZ returned -89.49%. Year to date, SCHD is up 22.89% versus a loss of 95.45% for SMCZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCZ has been the more volatile fund, with annualized monthly volatility of 165.6% compared with 12.9% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.01. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMCZ charges 1.55%. On a $10,000 position that is $6 vs $155 annually, a gap of $149 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 37.25% for SMCZ.
Holdings Overlap
We hold position weights for 99 holdings in SCHD and 1 in SMCZ, totalling 100.0% and 9.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 99 positions we hold weights for in SCHD and 1 in SMCZ, against full books of 206 and 14.
You are not choosing between two funds in isolation.
Whichever of SCHD and SMCZ 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 SMCZ?
SCHD has an expense ratio of 0.06% while SMCZ charges 1.55%. SCHD is the cheaper option, by $149 a year on a $10,000 investment.
Which performed better, SCHD or SMCZ?
Over the past year SCHD returned +29.27% vs -89.49% for SMCZ, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +16.26% vs -93.40% for SMCZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SMCZ?
SMCZ has been the more volatile fund at 165.6% annualized versus 12.9% for SCHD.
Should I hold both SCHD and SMCZ?
SCHD and SMCZ have a monthly-return correlation of 0.01, 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 SMCZ?
SCHD yields 3.00% while SMCZ yields 37.25%, so SMCZ currently pays the higher dividend yield.
Is SMCZ better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.