SCHD vs WANT
Schwab US Dividend Equity ETF vs Direxion Daily Consumer Discretionary Bull 3X ETF
Which is better, SCHD or WANT?
Large Cap Value against Trading-Leveraged Equity.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 76.5%.
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 | WANT |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.00% |
| AUM | $112.1B | $19M |
| Dividend Yield | 3.00% | 0.54% |
| Holdings | 103 | 54 |
| YTD Return | +25.88%Best | -24.91% |
| 1Y Return | +30.22%Best | -31.98% |
| 3Y Return (annualized) | +16.05%Best | +5.11% |
| 5Y Return (annualized) | +10.17%Best | -11.69% |
| Volatility (annualized) | 16.5%Best | 69.7% |
| Max Drawdown | -33.4%Best | -85.9% |
| $10,000 over 5 years | $16,230Best | $5,371 |
| Top 10 Weight | 41.8%Best | 76.5% |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Trading-Leveraged Equity |
| Inception | Oct 20, 2011 | Nov 29, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Nov 29, 2018 to Sep 14, 2026 (7.8 years).
SCHD vs WANT 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 covers the 7.8 years both funds cover.
SCHD vs WANT Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) is an ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +30.22% while WANT returned -31.98%. Year to date, SCHD is up 25.88% versus a loss of 24.91% for WANT.
Over three years, SCHD compounded at +16.05% per year against +5.11% for WANT; over five years the annualized figures are +10.17% and -11.69% respectively. Across the full 8-year window we track, SCHD has the edge at +12.18% annualized vs +5.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WANT has been the more volatile fund, with annualized monthly volatility of 69.7% compared with 16.5% 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 -85.9% for WANT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while WANT charges 1.00%. On a $10,000 position that is $6 vs $100 annually, a gap of $94 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.54% for WANT.
Holdings Overlap
6.2% of SCHD's money is in holdings WANT also owns. 5.9% of WANT's money is in holdings SCHD also owns.
SCHD and WANT share little of their money.
4 positions in common, counted across the 100 positions we hold weights for in SCHD and 49 in WANT, against full books of 103 and 54.
What only one of them owns
Measured across the 100 and 49 positions we hold weights for.
SCHD holds 95 positions WANT does not, 93.7% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of SCHD and WANT 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 WANT?
SCHD has an expense ratio of 0.06% while WANT charges 1.00%. SCHD is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, SCHD or WANT?
Over the past year SCHD returned +30.22% vs -31.98% for WANT, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), SCHD annualized +12.18% vs +5.39% for WANT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or WANT?
WANT has been the more volatile fund at 69.7% annualized versus 16.5% for SCHD. Worst drawdown: SCHD -33.4% vs WANT -85.9%.
Should I hold both SCHD and WANT?
SCHD and WANT have a monthly-return correlation of 0.65, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and WANT?
6.2% of SCHD's money is in holdings WANT also owns. 5.9% of WANT's is in holdings SCHD also owns. They hold 4 positions in common, counted across the 100 positions we hold weights for in SCHD and 49 in WANT.
Which pays a higher dividend, SCHD or WANT?
SCHD yields 3.00% while WANT yields 0.54%, so SCHD currently pays the higher dividend yield.
Is WANT better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 76.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.