MAGC vs SCHD
Roundhill China Magnificent Seven ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | MAGC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.06% | |
| AUM | $14M | $103.7B | |
| Dividend Yield | 5.74% | 3.31% | |
| Holdings | 17 | 104 | |
| YTD Return | -19.90% | +25.58% | |
| 1Y Return | -22.26% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 28.2% | 13.6% | |
| Max Drawdown | -44.3% | -33.4% | |
| Fund Family | Roundhill Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 3, 2024 | Oct 20, 2011 |
MAGC vs SCHD Performance
Roundhill China Magnificent Seven ETF (MAGC) is a ETF from Roundhill Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MAGC returned -22.26% while SCHD returned +31.06%. Year to date, MAGC is down 19.90% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
MAGC has been the more volatile fund, with annualized monthly volatility of 28.2% compared with 13.6% 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 -44.3% for MAGC 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MAGC charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, MAGC currently yields 5.74% against 3.31% for SCHD.
Holdings Overlap
MAGC and SCHD share 0 holdings out of 108 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, MAGC or SCHD?
MAGC has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, MAGC or SCHD?
Over the past year MAGC returned -22.26% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), MAGC annualized -11.90% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, MAGC or SCHD?
MAGC has been the more volatile fund at 28.2% annualized versus 13.6% for SCHD. Worst drawdown: MAGC -44.3% vs SCHD -33.4%.
Should I hold both MAGC and SCHD?
MAGC and SCHD have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MAGC and SCHD?
MAGC and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, MAGC or SCHD?
MAGC yields 5.74% while SCHD yields 3.31%, so MAGC currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.