DDM vs SCHD

Quick Verdict

SCHD has a lower expense ratio. DDM delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: DDMMore Diversified: SCHD

Side-by-Side Comparison

MetricDDMSCHDWinner
Expense Ratio0.95%0.06%
AUM$527M$103.7B
Dividend Yield0.93%3.31%
Holdings43104
YTD Return+22.88%+23.31%
1Y Return+45.60%+30.42%
3Y Return (annualized)+26.59%+14.66%
5Y Return (annualized)+14.47%+9.59%
Volatility (annualized)30.1%13.6%
Max Drawdown-82.8%-33.4%
Fund FamilyProSharesCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionJun 19, 2006Oct 20, 2011

DDM vs SCHD Performance

ProShares Ultra Dow30 (DDM) is a ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DDM returned +45.60% while SCHD returned +30.42%. Year to date, DDM is up 22.88% versus a gain of 23.31% for SCHD.

Over three years, DDM compounded at +26.59% per year against +14.66% for SCHD; over five years the annualized figures are +14.47% and +9.59% respectively. Across the full 15-year window we track, DDM has the edge at +13.24% annualized vs +11.34%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DDM has been the more volatile fund, with annualized monthly volatility of 30.1% 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 -82.8% for DDM and -33.4% for SCHD. 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

DDM charges 0.95% per year while SCHD charges 0.06%. On a $10,000 position that is $95 vs $6 annually, a gap of $89 per year that compounds over a long holding period. On income, DDM currently yields 0.93% against 3.31% for SCHD.

Holdings Overlap

11.6%overlap

DDM and SCHD share 6 holdings out of 125 unique holdings combined, representing a 11.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in DDMWeight in SCHDDifference
UNH3.19%4.54%1.35%
AMGN2.80%4.25%1.45%
HD2.68%4.16%1.48%
MRKProProPro
CVXProProPro
KOProProPro
See all 6 holdings DDM shares with SCHD
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, DDM or SCHD?

DDM has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $89 per year of difference.

Which performed better, DDM or SCHD?

Over the past year DDM returned +45.60% vs +30.42% for SCHD, so DDM leads on 1-year performance. Over the longest common window we track (15 years), DDM annualized +13.24% vs +11.34% for SCHD. Past performance does not guarantee future results.

Which is riskier, DDM or SCHD?

DDM has been the more volatile fund at 30.1% annualized versus 13.6% for SCHD. Worst drawdown: DDM -82.8% vs SCHD -33.4%.

Should I hold both DDM and SCHD?

DDM and SCHD have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between DDM and SCHD?

DDM and SCHD share 6 common holdings with a 11.6% weight overlap. Combined, they hold 125 unique securities.

Which pays a higher dividend, DDM or SCHD?

DDM yields 0.93% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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