SCHD vs TMV
Schwab US Dividend Equity ETF vs Direxion Daily 20+ Year Treasury Bear 3X ETF
Which is better, SCHD or TMV?
Large Cap Value against Trading-Inverse Debt.
SCHD has a lower expense ratio. SCHD led over 3Y and the full window, TMV over 1Y and 5Y.
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 | TMV |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.97% |
| AUM | $112.1B | $203M |
| Dividend Yield | 3.00% | 2.28% |
| Holdings | 103 | 9 |
| YTD Return | +24.23%Best | +17.55% |
| 1Y Return | +27.90% | +29.42%Best |
| 3Y Return (annualized) | +15.55%Best | +7.82% |
| 5Y Return (annualized) | +9.97% | +27.94%Best |
| Volatility (annualized) | 13.6%Best | 38.9% |
| Max Drawdown | -33.4%Best | -95.5% |
| $10,000 over 5 years | $16,083 | $34,279Best |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Trading-Inverse Debt |
| Inception | Oct 20, 2011 | Apr 16, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 17, 2026 (14.9 years).
SCHD vs TMV 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 14.9 years both funds cover.
SCHD vs TMV Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) is an ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +27.90% while TMV returned +29.42%. Year to date, SCHD is up 24.23% versus a gain of 17.55% for TMV.
Over three years, SCHD compounded at +15.55% per year against +7.82% for TMV; over five years the annualized figures are +9.97% and +27.94% respectively. Across the full 15-year window we track, SCHD has the edge at +11.30% annualized vs -9.69%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TMV has been the more volatile fund, with annualized monthly volatility of 38.9% 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 -95.5% for TMV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while TMV charges 0.97%. On a $10,000 position that is $6 vs $97 annually, a gap of $91 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 2.28% for TMV.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 3 in TMV, totalling 100.0% and 98.5% 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 100 positions we hold weights for in SCHD and 3 in TMV, against full books of 103 and 9.
You are not choosing between two funds in isolation.
Whichever of SCHD and TMV 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 TMV?
SCHD has an expense ratio of 0.06% while TMV charges 0.97%. SCHD is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, SCHD or TMV?
Over the past year SCHD returned +27.90% vs +29.42% for TMV, so TMV leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.30% vs -9.69% for TMV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TMV?
TMV has been the more volatile fund at 38.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TMV -95.5%.
Should I hold both SCHD and TMV?
SCHD and TMV have a monthly-return correlation of 0.00, 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 TMV?
SCHD yields 3.00% while TMV yields 2.28%, so SCHD currently pays the higher dividend yield.
Is TMV better than SCHD?
SCHD has a lower expense ratio. SCHD led over 3Y and the full window, TMV over 1Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.