SCHD vs TSMX
Schwab US Dividend Equity ETF vs Direxion Daily TSM Bull 2X ETF
Which is better, SCHD or TSMX?
Large Cap Value against Trading-Leveraged Equity.
SCHD has a lower expense ratio. TSMX led over 1Y 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 | TSMX |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.99% |
| AUM | $112.1B | $559M |
| Dividend Yield | 3.00% | 5.49% |
| Holdings | 103 | 9 |
| YTD Return | +24.23% | +49.89%Best |
| 1Y Return | +27.90% | +107.93%Best |
| 3Y Return (annualized) | +15.55% | - |
| 5Y Return (annualized) | +9.97% | - |
| Volatility (annualized) | 14.1%Best | 71.0% |
| Max Drawdown | -16.1%Best | -63.8% |
| $10,000 over 2 years | $12,930 | $35,374Best |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Trading-Leveraged Equity |
| Inception | Oct 20, 2011 | Oct 3, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Sep 17, 2026 (2 years).
SCHD vs TSMX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs TSMX Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Direxion Daily TSM Bull 2X ETF (TSMX) is an ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +27.90% while TSMX returned +107.93%. Year to date, SCHD is up 24.23% versus a gain of 49.89% for TSMX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMX has been the more volatile fund, with annualized monthly volatility of 71.0% compared with 14.1% 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 -16.1% for SCHD and -63.8% for TSMX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.01. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while TSMX charges 0.99%. On a $10,000 position that is $6 vs $99 annually, a gap of $93 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 5.49% for TSMX.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 4 in TSMX, totalling 100.0% and 100.4% 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 TSMX, against full books of 103 and 9.
You are not choosing between two funds in isolation.
Whichever of SCHD and TSMX 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 TSMX?
SCHD has an expense ratio of 0.06% while TSMX charges 0.99%. SCHD is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, SCHD or TSMX?
Over the past year SCHD returned +27.90% vs +107.93% for TSMX, so TSMX leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +13.71% vs +88.08% for TSMX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TSMX?
TSMX has been the more volatile fund at 71.0% annualized versus 14.1% for SCHD. Worst drawdown: SCHD -16.1% vs TSMX -63.8%.
Should I hold both SCHD and TSMX?
SCHD and TSMX have a monthly-return correlation of -0.01, 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 TSMX?
SCHD yields 3.00% while TSMX yields 5.49%, so TSMX currently pays the higher dividend yield.
Is TSMX better than SCHD?
SCHD has a lower expense ratio. TSMX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.