BERZ vs SCHD
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN vs Schwab US Dividend Equity ETF
Which is better, BERZ or SCHD?
Trading-Inverse Equity against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 68.3%.
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 | BERZ | SCHD |
|---|---|---|
| Expense Ratio | 0.95% | 0.06%Best |
| AUM | $6M | $111.6B |
| Dividend Yield | 0.00% | 3.24% |
| Holdings | 15 | 206 |
| YTD Return | -67.77% | +24.55%Best |
| 1Y Return | -72.86% | +29.85%Best |
| 3Y Return (annualized) | -76.11% | +16.64%Best |
| 5Y Return (annualized) | -66.66% | +9.54%Best |
| Volatility (annualized) | 82.1% | 15.0%Best |
| Max Drawdown | - | -16.9% |
| $10,000 over 5 years | $41 | $15,771Best |
| Top 10 Weight | 68.3% | 41.6%Best |
| Fund Family | BMO Capital Markets | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Value |
| Inception | Aug 17, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Aug 18, 2021 to Oct 14, 2026 (5.2 years).
BERZ vs SCHD 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 5.2 years both funds cover.
BERZ vs SCHD Performance
MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ) is an ETF from BMO Capital Markets and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BERZ returned -72.86% while SCHD returned +29.85%. Year to date, BERZ is down 67.77% versus a gain of 24.55% for SCHD.
Over three years, BERZ compounded at -76.11% per year against +16.64% for SCHD; over five years the annualized figures are -66.66% and +9.54% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BERZ has been the more volatile fund, with annualized monthly volatility of 82.1% compared with 15.0% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BERZ 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, BERZ currently yields 0.00% against 3.24% for SCHD.
Holdings Overlap
We hold position weights for 15 holdings in BERZ and 98 in SCHD, totalling 100.0% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 15 positions we hold weights for in BERZ and 98 in SCHD, against full books of 15 and 206.
What only one of them owns
Measured across the 15 and 98 positions we hold weights for.
SCHD holds 97 positions BERZ does not, 99.8% of the fund.
Largest: TXN 4.89%, QCOM 4.61%, PG 4.16%, CVX 4.14%, KO 4.12%
You are not choosing between two funds in isolation.
Whichever of BERZ and SCHD 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, BERZ or SCHD?
BERZ has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, BERZ or SCHD?
Over the past year BERZ returned -72.86% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BERZ or SCHD?
BERZ has been the more volatile fund at 82.1% annualized versus 15.0% for SCHD.
Should I hold both BERZ and SCHD?
BERZ and SCHD have a monthly-return correlation of -0.37, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BERZ or SCHD?
BERZ yields 0.00% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BERZ?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 68.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.