SCHD vs TSLL

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

MetricSCHDTSLLWinner
Expense Ratio0.06%0.83%
AUM$103.7B$3.0B
Dividend Yield3.31%6.94%
Holdings10413
YTD Return+24.26%-54.54%
1Y Return+31.38%-26.22%
3Y Return (annualized)+15.08%-16.21%
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%104.1%
Max Drawdown-33.4%-82.9%
Fund FamilyCharles Schwab Asset ManagementDirexion Shares ETF Trust
CategoryEquityAlternative
InceptionOct 20, 2011Aug 9, 2022

SCHD vs TSLL Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Direxion Daily TSLA Bull 2X ETF (TSLL) is a ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +31.38% while TSLL returned -26.22%. Year to date, SCHD is up 24.26% versus a loss of 54.54% for TSLL.

Over three years, SCHD compounded at +15.08% per year against -16.21% for TSLL. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs -20.75%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

TSLL has been the more volatile fund, with annualized monthly volatility of 104.1% 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 TSLL. 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while TSLL charges 0.83%. On a $10,000 position that is $6 vs $83 annually, a gap of $77 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 6.94% for TSLL.

Holdings Overlap

0.0%overlap

SCHD and TSLL share 0 holdings out of 105 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 TSLL?

SCHD has an expense ratio of 0.06% while TSLL charges 0.83%. SCHD is the cheaper option. On a $10,000 investment, that is $77 per year of difference.

Which performed better, SCHD or TSLL?

Over the past year SCHD returned +31.38% vs -26.22% for TSLL, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.39% vs -20.75% for TSLL. Past performance does not guarantee future results.

Which is riskier, SCHD or TSLL?

TSLL has been the more volatile fund at 104.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSLL -82.9%.

Should I hold both SCHD and TSLL?

SCHD and TSLL have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and TSLL?

SCHD and TSLL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.

Which pays a higher dividend, SCHD or TSLL?

SCHD yields 3.31% while TSLL yields 6.94%, so TSLL currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

X-ray your whole portfolio
$99/yr7-day refund. ETFs, mutual funds, 401(k)s.
Get Pro →