SCHD vs TSLS
SCHD vs TSLS
Schwab US Dividend Equity ETF vs Direxion Daily TSLA Bear 1X ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | TSLS | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.95% | |
| AUM | $103.7B | $84M | |
| Dividend Yield | 3.31% | 3.08% | |
| Holdings | 104 | 9 | |
| YTD Return | +24.26% | +22.54% | |
| 1Y Return | +31.38% | -14.10% | |
| 3Y Return (annualized) | +15.08% | -29.91% | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 59.9% | |
| Max Drawdown | -33.4% | -90.7% | |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Aug 9, 2022 |
SCHD vs TSLS Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Direxion Daily TSLA Bear 1X ETF (TSLS) is a ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +31.38% while TSLS returned -14.10%. Year to date, SCHD is up 24.26% versus a gain of 22.54% for TSLS.
Over three years, SCHD compounded at +15.08% per year against -29.91% for TSLS. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs -26.60%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLS has been the more volatile fund, with annualized monthly volatility of 59.9% 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 -90.7% for TSLS. 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 0.04. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSLS 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 3.08% for TSLS.
Holdings Overlap
SCHD and TSLS share 0 holdings out of 104 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 TSLS?
SCHD has an expense ratio of 0.06% while TSLS 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 TSLS?
Over the past year SCHD returned +31.38% vs -14.10% for TSLS, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.39% vs -26.60% for TSLS. Past performance does not guarantee future results.
Which is riskier, SCHD or TSLS?
TSLS has been the more volatile fund at 59.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSLS -90.7%.
Should I hold both SCHD and TSLS?
SCHD and TSLS have a monthly-return correlation of 0.04, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TSLS?
SCHD and TSLS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, SCHD or TSLS?
SCHD yields 3.31% while TSLS yields 3.08%, so SCHD currently pays the higher dividend yield.
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