MAGS vs SCHD
Roundhill Magnificent Seven ETF vs Schwab US Dividend Equity ETF
Which is better, MAGS or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. MAGS led over 3Y and the full window, SCHD over 1Y.
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 | MAGS | SCHD |
|---|---|---|
| Expense Ratio | 0.30% | 0.06%Best |
| AUM | $4.3B | $112.2B |
| Dividend Yield | 1.48% | 3.13% |
| Holdings | 25 | 103 |
| YTD Return | +6.26% | +27.56%Best |
| 1Y Return | +13.22% | +30.29%Best |
| 3Y Return (annualized) | +31.21%Best | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 21.3% | 13.3%Best |
| Max Drawdown | -29.4% | -16.1%Best |
| $10,000 over 3.4 years | $28,955Best | $15,998 |
| Fund Family | Roundhill Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 11, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 11, 2023 to Sep 4, 2026 (3.4 years).
MAGS 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 3.4 years both funds cover.
MAGS vs SCHD Performance
Roundhill Magnificent Seven ETF (MAGS) is an ETF from Roundhill Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MAGS returned +13.22% while SCHD returned +30.29%. Year to date, MAGS is up 6.26% versus a gain of 27.56% for SCHD.
Over three years, MAGS compounded at +31.21% per year against +16.37% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAGS has been the more volatile fund, with annualized monthly volatility of 21.3% 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 -29.4% for MAGS 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
MAGS charges 0.30% per year while SCHD charges 0.06%. On a $10,000 position that is $30 vs $6 annually, a gap of $24 per year that compounds over a long holding period. On income, MAGS currently yields 1.48% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 9 holdings in MAGS and 100 in SCHD, totalling 44.3% 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 9 positions we hold weights for in MAGS and 100 in SCHD, against full books of 25 and 103.
You are not choosing between two funds in isolation.
Whichever of MAGS 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, MAGS or SCHD?
MAGS has an expense ratio of 0.30% while SCHD charges 0.06%. SCHD is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, MAGS or SCHD?
Over the past year MAGS returned +13.22% 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, MAGS or SCHD?
MAGS has been the more volatile fund at 21.3% annualized versus 13.3% for SCHD. Worst drawdown: MAGS -29.4% vs SCHD -16.1%.
Should I hold both MAGS and SCHD?
MAGS and SCHD have a monthly-return correlation of 0.17, 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, MAGS or SCHD?
MAGS yields 1.48% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MAGS?
SCHD has a lower expense ratio. MAGS led over 3Y and the full window, SCHD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.