GMOV vs SCHD
GMO US Value ETF vs Schwab US Dividend Equity ETF
Which is better, GMOV or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. GMOV led over the full window, SCHD over 1Y. GMOV is less concentrated, with 32.6% of the fund in its ten largest positions against 41.8%.
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 | GMOV | SCHD |
|---|---|---|
| Expense Ratio | 0.50% | 0.06%Best |
| AUM | $107M | $112.1B |
| Dividend Yield | 1.88% | 3.00% |
| Holdings | 166 | 103 |
| YTD Return | +18.98% | +24.59%Best |
| 1Y Return | +26.20% | +28.14%Best |
| 3Y Return (annualized) | - | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 12.3%Best | 14.0% |
| Max Drawdown | -17.0% | -16.1%Best |
| $10,000 over 1.9 years | $13,618Best | $12,964 |
| Top 10 Weight | 32.6%Best | 41.8% |
| Fund Family | GMO | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 28, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 29, 2024 to Sep 10, 2026 (1.9 years).
GMOV 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 1.9 years both funds cover.
GMOV vs SCHD Performance
GMO US Value ETF (GMOV) is an ETF from GMO and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GMOV returned +26.20% while SCHD returned +28.14%. Year to date, GMOV is up 18.98% versus a gain of 24.59% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 12.3% for GMOV. 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 -17.0% for GMOV 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GMOV charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, GMOV currently yields 1.88% against 3.00% for SCHD.
Holdings Overlap
25.3% of GMOV's money is in holdings SCHD also owns. 50.4% of SCHD's money is in holdings GMOV also owns.
The two portfolios partly overlap.
29 positions in common, counted across the 163 positions we hold weights for in GMOV and 100 in SCHD, against full books of 166 and 103.
What only one of them owns
Our book lists 70 positions for SCHD that do not appear in our book for GMOV (49.6% of the fund), and 130 for GMOV that do not appear in SCHD (74.1%).
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.
Top Shared Holdings
| Stock | Weight in GMOV | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 2.90% | 4.77% | 1.87% |
| VZVerizon Communications, Inc. | 2.50% | 3.97% | 1.47% |
| PGProcter & Gamble Company | 1.60% | 3.83% | 2.23% |
| BMYBristol-Myers Squibb Co. | 2.00% | 3.33% | 1.33% |
| CVXChevron Corp. | 0.90% | 4.02% | 3.12% |
| COPConocophillips Co | 0.90% | 3.94% | 3.04% |
| PEPPepsico Inc. | 1.10% | 3.64% | 2.54% |
| QCOMQualcomm Inc. | 1.90% | 2.52% | 0.62% |
| UNHUnitedhealth Group Inc. | 0.40% | 3.82% | 3.42% |
| CMCSAComcast Corp. Class A | 1.00% | 2.31% | 1.31% |
50.4% of SCHD is already inside GMOV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GMOV or SCHD?
GMOV has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, GMOV or SCHD?
Over the past year GMOV returned +26.20% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), GMOV annualized +17.65% vs +14.64% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GMOV or SCHD?
SCHD has been the more volatile fund at 14.0% annualized versus 12.3% for GMOV. Worst drawdown: GMOV -17.0% vs SCHD -16.1%.
Should I hold both GMOV and SCHD?
GMOV and SCHD have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between GMOV and SCHD?
50.4% of SCHD's money is in holdings GMOV also owns. 50.4% of SCHD's is in holdings GMOV also owns. They hold 29 positions in common, counted across the 163 positions we hold weights for in GMOV and 100 in SCHD.
Which pays a higher dividend, GMOV or SCHD?
GMOV yields 1.88% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GMOV?
SCHD has a lower expense ratio. GMOV led over the full window, SCHD over 1Y. GMOV is less concentrated, with 32.6% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.