SCHD vs TYD
SCHD vs TYD
Schwab US Dividend Equity ETF vs Direxion Daily 7-10 Year Treasury Bull 3X ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | TYD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.07% | |
| AUM | $103.7B | $32M | |
| Dividend Yield | 3.31% | 3.25% | |
| Holdings | 104 | 8 | |
| YTD Return | +24.26% | -8.49% | |
| 1Y Return | +31.38% | -7.03% | |
| 3Y Return (annualized) | +15.08% | -3.94% | |
| 5Y Return (annualized) | +9.72% | -14.47% | |
| Volatility (annualized) | 13.6% | 20.0% | |
| Max Drawdown | -33.4% | -67.5% | |
| Fund Family | Charles Schwab Asset Management | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Apr 16, 2009 |
SCHD vs TYD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Direxion Daily 7-10 Year Treasury Bull 3X ETF (TYD) is a ETF from Direxion Shares ETF Trust. Over the past year SCHD returned +31.38% while TYD returned -7.03%. Year to date, SCHD is up 24.26% versus a loss of 8.49% for TYD.
Over three years, SCHD compounded at +15.08% per year against -3.94% for TYD; over five years the annualized figures are +9.72% and -14.47% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs -0.95%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TYD has been the more volatile fund, with annualized monthly volatility of 20.0% 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 -67.5% for TYD. 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 0.00. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while TYD charges 1.07%. On a $10,000 position that is $6 vs $107 annually, a gap of $101 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.25% for TYD.
Holdings Overlap
SCHD and TYD share 0 holdings out of 104 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 TYD?
SCHD has an expense ratio of 0.06% while TYD charges 1.07%. SCHD is the cheaper option. On a $10,000 investment, that is $101 per year of difference.
Which performed better, SCHD or TYD?
Over the past year SCHD returned +31.38% vs -7.03% for TYD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.39% vs -0.95% for TYD. Past performance does not guarantee future results.
Which is riskier, SCHD or TYD?
TYD has been the more volatile fund at 20.0% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs TYD -67.5%.
Should I hold both SCHD and TYD?
SCHD and TYD have a monthly-return correlation of 0.00, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and TYD?
SCHD and TYD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, SCHD or TYD?
SCHD yields 3.31% while TYD yields 3.25%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.