SCHD vs SMUP

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

MetricSCHDSMUPWinner
Expense Ratio0.06%1.50%
AUM$103.7B$9M
Dividend Yield3.31%3.20%
Holdings1043
YTD Return+25.33%+315.77%
1Y Return+32.31%-62.06%
3Y Return (annualized)+15.40%-
5Y Return (annualized)+9.70%-
Volatility (annualized)13.6%2754.7%
Max Drawdown-33.4%-98.8%
Fund FamilyCharles Schwab Asset ManagementREX Shares
CategoryEquityAlternative
InceptionOct 20, 2011Jul 25, 2025

SCHD vs SMUP Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and T-REX 2X Long SMR Daily Target ETF (SMUP) is a ETF from REX Shares. Over the past year SCHD returned +32.31% while SMUP returned -62.06%. Year to date, SCHD is up 25.33% versus a gain of 315.77% for SMUP.

Risk: Volatility and Drawdowns

SMUP has been the more volatile fund, with annualized monthly volatility of 2754.7% 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 -98.8% for SMUP. 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while SMUP charges 1.50%. On a $10,000 position that is $6 vs $150 annually, a gap of $144 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.20% for SMUP.

Holdings Overlap

0.0%overlap

SCHD and SMUP 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 SMUP?

SCHD has an expense ratio of 0.06% while SMUP charges 1.50%. SCHD is the cheaper option. On a $10,000 investment, that is $144 per year of difference.

Which performed better, SCHD or SMUP?

Over the past year SCHD returned +32.31% vs -62.06% for SMUP, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.45% vs -79.08% for SMUP. Past performance does not guarantee future results.

Which is riskier, SCHD or SMUP?

SMUP has been the more volatile fund at 2754.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SMUP -98.8%.

Should I hold both SCHD and SMUP?

SCHD and SMUP have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and SMUP?

SCHD and SMUP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, SCHD or SMUP?

SCHD yields 3.31% while SMUP yields 3.20%, so SCHD currently pays the higher dividend yield.

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