SCHD vs UDOW
SCHD vs UDOW
Schwab US Dividend Equity ETF vs ProShares UltraPro Dow30
Quick Verdict
SCHD has a lower expense ratio. UDOW delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | UDOW | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.95% | |
| AUM | $103.7B | $827M | |
| Dividend Yield | 3.31% | 1.10% | |
| Holdings | 104 | 42 | |
| YTD Return | +24.08% | +30.68% | |
| 1Y Return | +31.88% | +65.24% | |
| 3Y Return (annualized) | +14.92% | +34.98% | |
| 5Y Return (annualized) | +9.85% | +16.67% | |
| Volatility (annualized) | 13.6% | 43.9% | |
| Max Drawdown | -33.4% | -80.3% | |
| Fund Family | Charles Schwab Asset Management | ProShares | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Feb 9, 2010 |
SCHD vs UDOW Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and ProShares UltraPro Dow30 (UDOW) is a ETF from ProShares. Over the past year SCHD returned +31.88% while UDOW returned +65.24%. Year to date, SCHD is up 24.08% versus a gain of 30.68% for UDOW.
Over three years, SCHD compounded at +14.92% per year against +34.98% for UDOW; over five years the annualized figures are +9.85% and +16.67% respectively. Across the full 15-year window we track, UDOW has the edge at +26.62% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UDOW has been the more volatile fund, with annualized monthly volatility of 43.9% 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 -80.3% for UDOW. 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
SCHD charges 0.06% per year while UDOW 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 1.10% for UDOW.
Holdings Overlap
SCHD and UDOW share 6 holdings out of 125 unique holdings combined, representing a 8.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in UDOW | Difference |
|---|---|---|---|
| UNH | 4.54% | 2.40% | 2.14% |
| AMGN | 4.25% | 2.11% | 2.14% |
| HD | 4.16% | 2.02% | 2.14% |
| MRK | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
See all 6 holdings SCHD shares with UDOW Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or UDOW?
SCHD has an expense ratio of 0.06% while UDOW 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 UDOW?
Over the past year SCHD returned +31.88% vs +65.24% for UDOW, so UDOW leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.39% vs +26.62% for UDOW. Past performance does not guarantee future results.
Which is riskier, SCHD or UDOW?
UDOW has been the more volatile fund at 43.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs UDOW -80.3%.
Should I hold both SCHD and UDOW?
SCHD and UDOW 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 SCHD and UDOW?
SCHD and UDOW share 6 common holdings with a 8.7% weight overlap. Combined, they hold 125 unique securities.
Which pays a higher dividend, SCHD or UDOW?
SCHD yields 3.31% while UDOW yields 1.10%, so SCHD currently pays the higher dividend yield.
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