SCHD vs SZK

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

MetricSCHDSZKWinner
Expense Ratio0.06%0.95%
AUM$103.7B$4M
Dividend Yield3.31%2.66%
Holdings1045
YTD Return+25.58%-17.37%
1Y Return+31.06%-6.37%
3Y Return (annualized)+15.55%-7.10%
5Y Return (annualized)+9.61%-3.72%
Volatility (annualized)13.6%27.5%
Max Drawdown-33.4%-99.5%
Fund FamilyCharles Schwab Asset ManagementProShares
CategoryEquityAlternative
InceptionOct 20, 2011Jan 30, 2007

SCHD vs SZK Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and ProShares UltraShort Consumer Staples (SZK) is a ETF from ProShares. Over the past year SCHD returned +31.06% while SZK returned -6.37%. Year to date, SCHD is up 25.58% versus a loss of 17.37% for SZK.

Over three years, SCHD compounded at +15.55% per year against -7.10% for SZK; over five years the annualized figures are +9.61% and -3.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.46% annualized vs -20.68%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SZK has been the more volatile fund, with annualized monthly volatility of 27.5% 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 -99.5% for SZK. 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 -0.76. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while SZK charges 0.95%. On a $10,000 position that is $6 vs $95 annually, a gap of $89 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 2.66% for SZK.

Frequently Asked Questions

Which is cheaper, SCHD or SZK?

SCHD has an expense ratio of 0.06% while SZK charges 0.95%. SCHD is the cheaper option. On a $10,000 investment, that is $89 per year of difference.

Which performed better, SCHD or SZK?

Over the past year SCHD returned +31.06% vs -6.37% for SZK, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.46% vs -20.68% for SZK. Past performance does not guarantee future results.

Which is riskier, SCHD or SZK?

SZK has been the more volatile fund at 27.5% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SZK -99.5%.

Should I hold both SCHD and SZK?

SCHD and SZK have a monthly-return correlation of -0.76, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SCHD or SZK?

SCHD yields 3.31% while SZK yields 2.66%, so SCHD currently pays the higher dividend yield.

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