SCHD vs SPUU
Schwab US Dividend Equity ETF vs Direxion Daily S&P 500 Bull 2X ETF
Which is better, SCHD or SPUU?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y, SPUU over 3Y, 5Y 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 | SPUU |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.60% |
| AUM | $119.9B | $283M |
| Dividend Yield | 2.96% | 1.34% |
| Holdings | 204 | 1,026 |
| YTD Return | +29.95%Best | +10.80% |
| 1Y Return | +37.26%Best | +14.66% |
| 3Y Return (annualized) | +19.10% | +33.91%Best |
| 5Y Return (annualized) | +9.87% | +13.51%Best |
| Volatility (annualized) | 14.8%Best | 30.2% |
| Max Drawdown | -33.4%Best | -59.4% |
| $10,000 over 5 years | $16,010 | $18,844Best |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | May 28, 2014 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 28, 2014 to Nov 6, 2026 (12.4 years).
SCHD vs SPUU 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 12.4 years both funds cover.
SCHD vs SPUU Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Direxion Daily S&P 500 Bull 2X ETF (SPUU) is an ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +37.26% while SPUU returned +14.66%. Year to date, SCHD is up 29.95% versus a gain of 10.80% for SPUU.
Over three years, SCHD compounded at +19.10% per year against +33.91% for SPUU; over five years the annualized figures are +9.87% and +13.51% respectively. Across the full 12-year window we track, SPUU has the edge at +17.39% annualized vs +10.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPUU has been the more volatile fund, with annualized monthly volatility of 30.2% compared with 14.8% 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 -59.4% for SPUU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPUU charges 0.60%. On a $10,000 position that is $6 vs $60 annually, a gap of $54 per year that compounds over a long holding period. On income, SCHD currently yields 2.96% against 1.34% for SPUU.
Holdings Overlap
At least 94.8% of SCHD's money is in holdings SPUU also owns.
Stated as a floor: for SPUU, our book for it covers 90.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of SCHD is already inside SPUU. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 98 positions we hold weights for in SCHD and 505 in SPUU, against full books of 204 and 1,026.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SPUU | Difference |
|---|---|---|---|
| CVXChevron Corp | 4.32% | 0.59% | 3.73% |
| TXNTexas Instrument Inc | 4.53% | 0.35% | 4.18% |
| PGProcter & Gamble Company | 4.36% | 0.49% | 3.87% |
| KOCoca Cola Co. | 4.28% | 0.48% | 3.80% |
| UNHUnitedhealth Group Incorporated | 4.07% | 0.49% | 3.58% |
| COPConocophillips Common Stock USD 0.01 | 4.27% | 0.23% | 4.04% |
| MRKMerck & Company Inc | 4.00% | 0.49% | 3.51% |
| QCOMQualcomm Inc. | 4.18% | 0.26% | 3.92% |
| AMGNAmgen Inc. | 3.96% | 0.32% | 3.64% |
| HDHome Depot Inc | 3.82% | 0.42% | 3.40% |
94.8% of SCHD is already inside SPUU.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or SPUU?
SCHD has an expense ratio of 0.06% while SPUU charges 0.60%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, SCHD or SPUU?
Over the past year SCHD returned +37.26% vs +14.66% for SPUU, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), SCHD annualized +10.39% vs +17.39% for SPUU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPUU?
SPUU has been the more volatile fund at 30.2% annualized versus 14.8% for SCHD. Worst drawdown: SCHD -33.4% vs SPUU -59.4%.
Should I hold both SCHD and SPUU?
SCHD and SPUU have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and SPUU?
At least 94.8% of SCHD's money is in holdings SPUU also owns. Our book for SPUU is partial, so the real figure is this or higher. They hold 45 positions in common, counted across the 98 positions we hold weights for in SCHD and 505 in SPUU.
Which pays a higher dividend, SCHD or SPUU?
SCHD yields 2.96% while SPUU yields 1.34%, so SCHD currently pays the higher dividend yield.
Is SPUU better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, SPUU over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.