CSMD vs SCHD

CSMD vs SCHD

Which is better, CSMD or SCHD?

Mid Cap Growth against Large Cap Value.

SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. CSMD is less concentrated, with 33.4% of the fund in its ten largest positions against 41.5%.

Lower Fees: SCHDHigher Returns: SCHDLess Concentrated: CSMD

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

MetricCSMDSCHD
Expense Ratio0.68%0.06%Best
AUM$477M$112.2B
Dividend Yield0.00%3.13%
Holdings48103
YTD Return+6.56%+27.56%Best
1Y Return+4.48%+30.29%Best
3Y Return (annualized)+10.06%+16.37%Best
5Y Return (annualized)-+10.23%
Volatility (annualized)18.4%13.3%Best
Max Drawdown-22.5%-16.1%Best
$10,000 over 3 years$13,636$15,893Best
Top 10 Weight33.4%Best41.5%
Fund FamilyCongress Asset Management CompanyCharles Schwab Asset Management
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Value
InceptionAug 22, 2023Oct 20, 2011

Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Aug 22, 2023 to Sep 4, 2026 (3 years).

CSMD 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 3 years both funds cover.

CSMD vs SCHD Performance

Congress SMid Growth ETF (CSMD) is an ETF from Congress Asset Management Company and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CSMD returned +4.48% while SCHD returned +30.29%. Year to date, CSMD is up 6.56% versus a gain of 27.56% for SCHD.

Over three years, CSMD compounded at +10.06% per year against +16.37% for SCHD.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CSMD has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 13.3% 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 -22.5% for CSMD and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CSMD charges 0.68% per year while SCHD charges 0.06%. On a $10,000 position that is $68 vs $6 annually, a gap of $62 per year that compounds over a long holding period. On income, CSMD currently yields 0.00% against 3.13% for SCHD.

Holdings Overlap

We hold position weights for 47 holdings in CSMD and 100 in SCHD, totalling 100.1% and 100.0% 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 47 positions we hold weights for in CSMD and 100 in SCHD, against full books of 48 and 103.

What only one of them owns

Our book lists 99 positions for SCHD that do not appear in our book for CSMD (99.9% of the fund), and 45 for CSMD that do not appear in SCHD (94.4%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

You are not choosing between two funds in isolation.

Whichever of CSMD and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CSMDSCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CSMD or SCHD?

CSMD has an expense ratio of 0.68% while SCHD charges 0.06%. SCHD is the cheaper option, by $62 a year on a $10,000 investment.

Which performed better, CSMD or SCHD?

Over the past year CSMD returned +4.48% vs +30.29% 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, CSMD or SCHD?

CSMD has been the more volatile fund at 18.4% annualized versus 13.3% for SCHD. Worst drawdown: CSMD -22.5% vs SCHD -16.1%.

Should I hold both CSMD and SCHD?

CSMD and SCHD have a monthly-return correlation of 0.53, 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, CSMD or SCHD?

CSMD yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.

Is SCHD better than CSMD?

SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. CSMD is less concentrated, with 33.4% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.