DBMF vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricDBMFSCHDWinner
Expense Ratio0.85%0.06%
AUM$2.1B$103.7B
Dividend Yield5.16%3.31%
Holdings12104
YTD Return+10.87%+24.26%
1Y Return+26.89%+31.38%
3Y Return (annualized)+9.16%+15.08%
5Y Return (annualized)+9.08%+9.72%
Volatility (annualized)11.6%13.6%
Max Drawdown-20.4%-33.4%
Fund FamilyiMGP FundsCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionMay 7, 2019Oct 20, 2011

DBMF vs SCHD Performance

iMGP DBi Managed Futures Strategy ETF (DBMF) is a ETF from iMGP Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DBMF returned +26.89% while SCHD returned +31.38%. Year to date, DBMF is up 10.87% versus a gain of 24.26% for SCHD.

Over three years, DBMF compounded at +9.16% per year against +15.08% for SCHD; over five years the annualized figures are +9.08% and +9.72% respectively. Across the full 7-year window we track, SCHD has the edge at +11.39% annualized vs +7.71%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.6% for DBMF. 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 -20.4% for DBMF and -33.4% for SCHD. 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 -0.04. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

DBMF charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, DBMF currently yields 5.16% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

DBMF and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, DBMF or SCHD?

DBMF has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $79 per year of difference.

Which performed better, DBMF or SCHD?

Over the past year DBMF returned +26.89% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), DBMF annualized +7.71% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, DBMF or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 11.6% for DBMF. Worst drawdown: DBMF -20.4% vs SCHD -33.4%.

Should I hold both DBMF and SCHD?

DBMF and SCHD have a monthly-return correlation of -0.04, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between DBMF and SCHD?

DBMF and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, DBMF or SCHD?

DBMF yields 5.16% while SCHD yields 3.31%, so DBMF currently pays the higher dividend yield.

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