SCHD vs TNA
Schwab US Dividend Equity ETF vs Direxion Daily Small Cap Bull 3X ETF
Which is better, SCHD or TNA?
Large Cap Value against Trading-Leveraged Equity.
SCHD has a lower expense ratio. SCHD led over 5Y, TNA over 1Y, 3Y 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 | TNA |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.05% |
| AUM | $112.1B | $1.2B |
| Dividend Yield | 3.00% | 0.31% |
| Holdings | 103 | 12 |
| YTD Return | +21.33% | +28.49%Best |
| 1Y Return | +25.15% | +33.61%Best |
| 3Y Return (annualized) | +15.43% | +28.85%Best |
| 5Y Return (annualized) | +9.32%Best | -6.69% |
| Volatility (annualized) | 13.7%Best | 57.0% |
| Max Drawdown | -33.4%Best | -88.2% |
| $10,000 over 5 years | $15,613Best | $7,074 |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Trading-Leveraged Equity |
| Inception | Oct 20, 2011 | Nov 5, 2008 |
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 24, 2026 (14.9 years).
SCHD vs TNA 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 TNA Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Direxion Daily Small Cap Bull 3X ETF (TNA) is an ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +25.15% while TNA returned +33.61%. Year to date, SCHD is up 21.33% versus a gain of 28.49% for TNA.
Over three years, SCHD compounded at +15.43% per year against +28.85% for TNA; over five years the annualized figures are +9.32% and -6.69% respectively. Across the full 15-year window we track, TNA has the edge at +13.01% annualized vs +11.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TNA has been the more volatile fund, with annualized monthly volatility of 57.0% compared with 13.7% 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 -88.2% for TNA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while TNA charges 1.05%. On a $10,000 position that is $6 vs $105 annually, a gap of $99 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.31% for TNA.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 4 in TNA, totalling 100.0% and 91.6% 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 4 in TNA, against full books of 103 and 12.
You are not choosing between two funds in isolation.
Whichever of SCHD and TNA 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 TNA?
SCHD has an expense ratio of 0.06% while TNA charges 1.05%. SCHD is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, SCHD or TNA?
Over the past year SCHD returned +25.15% vs +33.61% for TNA, so TNA leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.11% vs +13.01% for TNA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TNA?
TNA has been the more volatile fund at 57.0% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs TNA -88.2%.
Should I hold both SCHD and TNA?
SCHD and TNA have a monthly-return correlation of 0.77, 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 TNA?
SCHD yields 3.00% while TNA yields 0.31%, so SCHD currently pays the higher dividend yield.
Is TNA better than SCHD?
SCHD has a lower expense ratio. SCHD led over 5Y, TNA over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.