SCHD vs TSLG

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

MetricSCHDTSLGWinner
Expense Ratio0.06%0.80%
AUM$103.7B$35M
Dividend Yield3.31%8.66%
Holdings1043
YTD Return+26.21%-51.42%
1Y Return+29.99%-28.88%
3Y Return (annualized)+15.73%-
5Y Return (annualized)+9.67%-
Volatility (annualized)13.6%99.8%
Max Drawdown-33.4%-82.9%
Fund FamilyCharles Schwab Asset ManagementLeverage Shares
CategoryEquityAlternative
InceptionOct 20, 2011Dec 13, 2024

SCHD vs TSLG Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Leverage Shares 2X Long TSLA Daily ETF (TSLG) is a ETF from Leverage Shares. Over the past year SCHD returned +29.99% while TSLG returned -28.88%. Year to date, SCHD is up 26.21% versus a loss of 51.42% for TSLG.

Risk: Volatility and Drawdowns

TSLG has been the more volatile fund, with annualized monthly volatility of 99.8% 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 -82.9% for TSLG. 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 -0.22. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TSLG charges 0.80%. On a $10,000 position that is $6 vs $80 annually, a gap of $74 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 8.66% for TSLG.

Holdings Overlap

0.0%overlap

SCHD and TSLG 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 TSLG?

SCHD has an expense ratio of 0.06% while TSLG charges 0.80%. SCHD is the cheaper option. On a $10,000 investment, that is $74 per year of difference.

Which performed better, SCHD or TSLG?

Over the past year SCHD returned +29.99% vs -28.88% for TSLG, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.50% vs -53.38% for TSLG. Past performance does not guarantee future results.

Which is riskier, SCHD or TSLG?

TSLG has been the more volatile fund at 99.8% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSLG -82.9%.

Should I hold both SCHD and TSLG?

SCHD and TSLG have a monthly-return correlation of -0.22, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TSLG?

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

Which pays a higher dividend, SCHD or TSLG?

SCHD yields 3.31% while TSLG yields 8.66%, so TSLG currently pays the higher dividend yield.

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