SCHY vs. SCDL
SCHY (Schwab International Dividend Equity ETF) and SCDL (ETRACS 2x Leveraged U.S. Dividend Factor TR ETN) are both exchange-traded funds - SCHY is a Dividend fund tracking the Dow Jones International Dividend 100 Index, while SCDL is a Leveraged Equities fund tracking the Dow Jones U.S. Dividend 100 (200%). Both are passively managed. Over the past 5 years, SCHY returned 7.96%/yr vs 9.40%/yr for SCDL. A 0.65 correlation means they provide meaningful diversification when combined. SCHY charges 0.08%/yr vs 0.95%/yr for SCDL.
Performance
SCHY vs. SCDL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHY achieves a 7.94% return, which is significantly lower than SCDL's 37.06% return.
SCHY
- 1D
- -0.93%
- 1M
- 0.50%
- YTD
- 7.94%
- 6M
- 10.00%
- 1Y
- 22.39%
- 3Y*
- 15.09%
- 5Y*
- 7.96%
- 10Y*
- —
SCDL
- 1D
- 0.51%
- 1M
- 5.01%
- YTD
- 37.06%
- 6M
- 35.80%
- 1Y
- 50.97%
- 3Y*
- 22.79%
- 5Y*
- 9.40%
- 10Y*
- —
SCHY vs. SCDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCHY Schwab International Dividend Equity ETF | 7.94% | 33.98% | -1.79% | 14.27% | -9.43% | 4.08% |
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | 37.06% | 2.05% | 14.99% | 0.18% | -13.06% | 19.78% |
Correlation
The correlation between SCHY and SCDL is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2021 | 0.65 |
The correlation between SCHY and SCDL shifts across timeframes, from 0.50 (1 year) to 0.65 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHY vs. SCDL — Risk / Return Rank
SCHY
SCDL
SCHY vs. SCDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| SCHY | SCDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.39 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 5.03 | -2.56 |
| Martin ratioReturn relative to average drawdown | 7.90 | 12.65 | -4.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SCHY | SCDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 2.37 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.33 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.53 | +0.13 |
Drawdowns
SCHY vs. SCDL - Drawdown Comparison
The maximum SCHY drawdown since its inception was -24.04%, smaller than the maximum SCDL drawdown of -34.87%. Use the drawdown chart below to compare losses from any high point for SCHY and SCDL.
Loading charts...
Drawdown Indicators
| SCHY | SCDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.04% | -34.87% | +10.83% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -10.19% | +1.08% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -32.79% | +20.63% |
Max Drawdown (5Y)Largest decline over 5 years | -24.04% | -34.87% | +10.83% |
Current DrawdownCurrent decline from peak | -5.13% | -2.79% | -2.34% |
Average DrawdownAverage peak-to-trough decline | -4.97% | -11.96% | +6.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 4.04% | -1.20% |
Volatility
SCHY vs. SCDL - Volatility Comparison
The current volatility for Schwab International Dividend Equity ETF (SCHY) is 3.41%, while ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) has a volatility of 5.20%. This indicates that SCHY experiences smaller price fluctuations and is considered to be less risky than SCDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCHY | SCDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 5.20% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 9.79% | 14.82% | -5.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.90% | 21.66% | -9.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.25% | 29.02% | -15.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.23% | 28.89% | -15.66% |
SCHY vs. SCDL - Expense Ratio Comparison
SCHY has a 0.08% expense ratio, which is lower than SCDL's 0.95% expense ratio.
Dividends
SCHY vs. SCDL - Dividend Comparison
SCHY's dividend yield for the trailing twelve months is around 3.44%, while SCDL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHY Schwab International Dividend Equity ETF | 3.44% | 3.55% | 4.64% | 3.97% | 3.67% | 1.73% |
Frequently Asked Questions
SCHY and SCDL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCDL has higher volatility (5.20%) compared to SCHY (3.41%). In terms of maximum drawdown, SCHY dropped -24.04% vs SCDL's -34.87%.
On 5-year performance, SCDL leads with 9.40% vs 7.96% for SCHY. On fees, SCHY is cheaper at 0.08% per year. On volatility, SCHY has been the lower-risk option at 3.41%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCDL has performed better with a 9.40% return vs 7.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHY is cheaper with a 0.08% expense ratio, compared with 0.95% for SCDL.
SCHY has the higher dividend yield at 3.44%, compared with 0.00% for SCDL.
SCHY is categorized as Dividend, while SCDL is Leveraged Equities. SCHY tracks Dow Jones International Dividend 100 Index, while SCDL tracks Dow Jones U.S. Dividend 100 (200%). They also come from different issuers: Charles Schwab and UBS. Their fees differ too: 0.08% for SCHY and 0.95% for SCDL.
SCDL currently has the higher Sharpe Ratio (2.37 vs 1.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SCHY and SCDL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer