SCHD vs TSMG
Schwab US Dividend Equity ETF vs Leverage Shares 2X Long TSM Daily ETF
Quick Verdict
SCHD has a lower expense ratio. TSMG delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | TSMG | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.76% | |
| AUM | $103.7B | $30M | |
| Dividend Yield | 3.31% | 5.36% | |
| Holdings | 104 | 5 | |
| YTD Return | +25.33% | +43.42% | |
| 1Y Return | +32.31% | +132.75% | |
| 3Y Return (annualized) | +15.40% | - | |
| 5Y Return (annualized) | +9.70% | - | |
| Volatility (annualized) | 13.6% | 77.7% | |
| Max Drawdown | -33.4% | -63.7% | |
| Fund Family | Charles Schwab Asset Management | Leverage Shares | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Jan 14, 2025 |
SCHD vs TSMG Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Leverage Shares 2X Long TSM Daily ETF (TSMG) is a ETF from Leverage Shares. Over the past year SCHD returned +32.31% while TSMG returned +132.75%. Year to date, SCHD is up 25.33% versus a gain of 43.42% for TSMG.
Risk: Volatility and Drawdowns
TSMG has been the more volatile fund, with annualized monthly volatility of 77.7% 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 -63.7% for TSMG. 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 TSMG charges 0.76%. On a $10,000 position that is $6 vs $76 annually, a gap of $70 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 5.36% for TSMG.
Holdings Overlap
SCHD and TSMG 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 TSMG?
SCHD has an expense ratio of 0.06% while TSMG charges 0.76%. SCHD is the cheaper option. On a $10,000 investment, that is $70 per year of difference.
Which performed better, SCHD or TSMG?
Over the past year SCHD returned +32.31% vs +132.75% for TSMG, so TSMG leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.45% vs +92.88% for TSMG. Past performance does not guarantee future results.
Which is riskier, SCHD or TSMG?
TSMG has been the more volatile fund at 77.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TSMG -63.7%.
Should I hold both SCHD and TSMG?
SCHD and TSMG 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 TSMG?
SCHD and TSMG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or TSMG?
SCHD yields 3.31% while TSMG yields 5.36%, so TSMG currently pays the higher dividend yield.
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