SCHY vs. SCDL

Last updated Apr 2, 2026

Compare and contrast key facts about Schwab International Dividend Equity ETF (SCHY) and ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL).

SCHY and SCDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHY is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones International Dividend 100 Index. It was launched on Apr 29, 2021. SCDL is a passively managed fund by UBS that tracks the performance of the Dow Jones U.S. Dividend 100 (200%). It was launched on Feb 4, 2021. Both SCHY and SCDL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SCHY vs. SCDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Dividend Equity ETF (SCHY) and ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL). The values are adjusted to include any dividend payments, if applicable.

SCHY vs. SCDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCHY Schwab International Dividend Equity ETF	7.07%	33.98%	-1.79%	14.27%	-9.43%	4.08%
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	23.50%	2.05%	14.99%	0.18%	-13.06%	19.78%

Returns By Period

In the year-to-date period, SCHY achieves a 7.07% return, which is significantly lower than SCDL's 23.50% return.

SCHY

• 1D: 0.25%
• 1M: -4.32%
• YTD: 7.07%
• 6M: 14.73%
• 1Y: 29.70%
• 3Y*: 15.16%
• 5Y*: —
• 10Y*: —

SCDL

• 1D: -0.77%
• 1M: -6.53%
• YTD: 23.50%
• 6M: 23.61%
• 1Y: 20.82%
• 3Y*: 16.00%
• 5Y*: 9.45%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHY vs. SCDL - Expense Ratio Comparison

SCHY has a 0.14% expense ratio, which is lower than SCDL's 0.95% expense ratio.

SCDL

ETRACS 2x Leveraged U.S. Dividend Factor TR ETN

SCHY

Schwab International Dividend Equity ETF

Return for Risk

SCHY vs. SCDL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SCHY

SCHY Risk / Return Rank: 91
SCHY Sharpe Ratio Rank: 92
SCHY Sortino Ratio Rank: 93
SCHY Omega Ratio Rank: 91
SCHY Calmar Ratio Rank: 91
SCHY Martin Ratio Rank: 90

SCDL

SCDL Risk / Return Rank: 32
SCDL Sharpe Ratio Rank: 32
SCDL Sortino Ratio Rank: 36
SCDL Omega Ratio Rank: 36
SCDL Calmar Ratio Rank: 29
SCDL Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 ratio Return per unit of total volatility	2.14	0.64	+1.50
Sortino ratio Return per unit of downside risk	2.83	1.10	+1.73
Omega ratio Gain probability vs. loss probability	1.41	1.16	+0.25
Calmar ratio Return relative to maximum drawdown	3.29	0.77	+2.52
Martin ratio Return relative to average drawdown	12.05	2.37	+9.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHY vs. SCDL - Sharpe Ratio Comparison

The current SCHY Sharpe Ratio is 2.14, which is higher than the SCDL Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of SCHY and SCDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SCHY	SCDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.14	0.64	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.47	+0.20

Correlation

The correlation between SCHY and SCDL is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SCHY vs. SCDL - Dividend Comparison

SCHY's dividend yield for the trailing twelve months is around 3.47%, while SCDL has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
SCHY Schwab International Dividend Equity ETF	3.47%	3.55%	4.64%	3.97%	3.67%	1.73%
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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.

Drawdown Indicators

	SCHY	SCDL	Difference
Max Drawdown Largest peak-to-trough decline	-24.04%	-34.87%	+10.83%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-25.74%	+16.63%
Max Drawdown (5Y) Largest decline over 5 years	—	-34.87%	—
Current Drawdown Current decline from peak	-5.90%	-6.53%	+0.63%
Average Drawdown Average peak-to-trough decline	-5.00%	-12.26%	+7.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	8.31%	-5.82%

Volatility

SCHY vs. SCDL - Volatility Comparison

Schwab International Dividend Equity ETF (SCHY) has a higher volatility of 5.39% compared to ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) at 4.46%. This indicates that SCHY's price experiences larger fluctuations and is considered to be riskier than SCDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHY	SCDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.39%	4.46%	+0.93%
Volatility (6M) Calculated over the trailing 6-month period	9.04%	15.47%	-6.43%
Volatility (1Y) Calculated over the trailing 1-year period	13.95%	32.56%	-18.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.24%	29.06%	-15.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.24%	29.11%	-15.87%