GMF vs SCHD
State Street SPDR S&P Emerging Asia Pacific ETF vs Schwab US Dividend Equity ETF
Which is better, GMF or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. GMF led over 3Y, SCHD over 1Y, 5Y and the full window.
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 | GMF | SCHD |
|---|---|---|
| Expense Ratio | 0.49% | 0.06%Best |
| AUM | $436M | $112.1B |
| Dividend Yield | 1.18% | 3.00% |
| Holdings | 1,290 | 103 |
| YTD Return | +11.14% | +21.73%Best |
| 1Y Return | +15.83% | +26.35%Best |
| 3Y Return (annualized) | +19.62%Best | +16.02% |
| 5Y Return (annualized) | +6.84% | +9.26%Best |
| Volatility (annualized) | 15.8% | 13.7%Best |
| Max Drawdown | -40.2% | -33.4%Best |
| $10,000 over 5 years | $13,921 | $15,571Best |
| Fund Family | SPDR State Street Global Advisors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 19, 2007 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 25, 2026 (14.9 years).
GMF 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 14.9 years both funds cover.
GMF vs SCHD Performance
State Street SPDR S&P Emerging Asia Pacific ETF (GMF) is an ETF from SPDR State Street Global Advisors and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GMF returned +15.83% while SCHD returned +26.35%. Year to date, GMF is up 11.14% versus a gain of 21.73% for SCHD.
Over three years, GMF compounded at +19.62% per year against +16.02% for SCHD; over five years the annualized figures are +6.84% and +9.26% respectively. Across the full 15-year window we track, SCHD has the edge at +11.13% annualized vs +6.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GMF has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 13.7% 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 -40.2% for GMF and -33.4% 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
GMF charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, GMF currently yields 1.18% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1,126 holdings in GMF and 100 in SCHD, totalling 78.2% 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 1,126 positions we hold weights for in GMF and 100 in SCHD, against full books of 1,290 and 103.
You are not choosing between two funds in isolation.
Whichever of GMF 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, GMF or SCHD?
GMF has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, GMF or SCHD?
Over the past year GMF returned +15.83% vs +26.35% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), GMF annualized +6.56% vs +11.13% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMF or SCHD?
GMF has been the more volatile fund at 15.8% annualized versus 13.7% for SCHD. Worst drawdown: GMF -40.2% vs SCHD -33.4%.
Should I hold both GMF and SCHD?
GMF 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, GMF or SCHD?
GMF yields 1.18% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GMF?
SCHD has a lower expense ratio. GMF led over 3Y, SCHD over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.