SCHD vs UPV
Schwab US Dividend Equity ETF vs ProShares Ultra FTSE Europe
Quick Verdict
SCHD has a lower expense ratio. UPV delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | UPV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.95% | |
| AUM | $103.7B | $16M | |
| Dividend Yield | 3.31% | 2.24% | |
| Holdings | 104 | 7 | |
| YTD Return | +24.26% | +17.30% | |
| 1Y Return | +31.38% | +40.01% | |
| 3Y Return (annualized) | +15.08% | +27.14% | |
| 5Y Return (annualized) | +9.72% | +9.80% | |
| Volatility (annualized) | 13.6% | 35.9% | |
| Max Drawdown | -33.4% | -68.7% | |
| Fund Family | Charles Schwab Asset Management | ProShares | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Apr 27, 2010 |
SCHD vs UPV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and ProShares Ultra FTSE Europe (UPV) is a ETF from ProShares. Over the past year SCHD returned +31.38% while UPV returned +40.01%. Year to date, SCHD is up 24.26% versus a gain of 17.30% for UPV.
Over three years, SCHD compounded at +15.08% per year against +27.14% for UPV; over five years the annualized figures are +9.72% and +9.80% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +8.45%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPV has been the more volatile fund, with annualized monthly volatility of 35.9% 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 -68.7% for UPV. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while UPV 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 2.24% for UPV.
Holdings Overlap
SCHD and UPV 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 UPV?
SCHD has an expense ratio of 0.06% while UPV 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 UPV?
Over the past year SCHD returned +31.38% vs +40.01% for UPV, so UPV leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.39% vs +8.45% for UPV. Past performance does not guarantee future results.
Which is riskier, SCHD or UPV?
UPV has been the more volatile fund at 35.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs UPV -68.7%.
Should I hold both SCHD and UPV?
SCHD and UPV have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and UPV?
SCHD and UPV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or UPV?
SCHD yields 3.31% while UPV yields 2.24%, so SCHD currently pays the higher dividend yield.
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