Quick Verdict

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

Lower Fees: SCHDHigher Returns: SNOUMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDSNOUWinner
Expense Ratio0.06%1.50%
AUM$103.7B$27M
Dividend Yield3.31%6.08%
Holdings1043
YTD Return+24.26%+66.67%
1Y Return+31.38%+48.72%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%208.5%
Max Drawdown-33.4%-85.0%
Fund FamilyCharles Schwab Asset ManagementREX Shares
CategoryEquityAlternative
InceptionOct 20, 2011Apr 25, 2025

SCHD vs SNOU Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and T-REX 2X Long SNOW Daily Target ETF (SNOU) is a ETF from REX Shares. Over the past year SCHD returned +31.38% while SNOU returned +48.72%. Year to date, SCHD is up 24.26% versus a gain of 66.67% for SNOU.

Risk: Volatility and Drawdowns

SNOU has been the more volatile fund, with annualized monthly volatility of 208.5% 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 -85.0% for SNOU. 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 -0.14. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while SNOU 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 6.08% for SNOU.

Holdings Overlap

0.0%overlap

SCHD and SNOU 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 SNOU?

SCHD has an expense ratio of 0.06% while SNOU 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 SNOU?

Over the past year SCHD returned +31.38% vs +48.72% for SNOU, so SNOU leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.39% vs +93.21% for SNOU. Past performance does not guarantee future results.

Which is riskier, SCHD or SNOU?

SNOU has been the more volatile fund at 208.5% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SNOU -85.0%.

Should I hold both SCHD and SNOU?

SCHD and SNOU have a monthly-return correlation of -0.14, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and SNOU?

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

Which pays a higher dividend, SCHD or SNOU?

SCHD yields 3.31% while SNOU yields 6.08%, so SNOU currently pays the higher dividend yield.

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