MAKX vs SCHD
Proshares S&P Kensho Smart Factories ETF vs Schwab US Dividend Equity ETF
Which is better, MAKX or SCHD?
MAKX has been ahead.
SCHD has a lower expense ratio. MAKX led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.1%.
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 | MAKX | SCHD |
|---|---|---|
| Expense Ratio | 0.58% | 0.06%Best |
| AUM | $5M | $112.1B |
| Dividend Yield | 0.14% | 3.00% |
| Holdings | 25 | 103 |
| YTD Return | +33.21%Best | +19.24% |
| 1Y Return | +33.20%Best | +22.36% |
| 3Y Return (annualized) | +27.63%Best | +15.49% |
| 5Y Return (annualized) | +11.54%Best | +9.29% |
| Volatility (annualized) | 29.0% | 15.2%Best |
| Max Drawdown | -40.3% | -16.9%Best |
| $10,000 over 5 years | $17,264Best | $15,592 |
| Top 10 Weight | 59.1% | 41.8%Best |
| Fund Family | ProShares | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 29, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 30, 2021 to Sep 30, 2026 (5 years).
MAKX 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 5 years both funds cover.
MAKX vs SCHD Performance
Proshares S&P Kensho Smart Factories ETF (MAKX) is an ETF from ProShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MAKX returned +33.20% while SCHD returned +22.36%. Year to date, MAKX is up 33.21% versus a gain of 19.24% for SCHD.
Over three years, MAKX compounded at +27.63% per year against +15.49% for SCHD; over five years the annualized figures are +11.54% and +9.29% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAKX has been the more volatile fund, with annualized monthly volatility of 29.0% compared with 15.2% 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 -40.3% for MAKX and -16.9% 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 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MAKX charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, MAKX currently yields 0.14% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 24 holdings in MAKX and 100 in SCHD, totalling 99.8% 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 24 positions we hold weights for in MAKX and 100 in SCHD, against full books of 25 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for MAKX (99.9% of the fund), and 21 for MAKX that do not appear in SCHD (91.9%).
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.
You are not choosing between two funds in isolation.
Whichever of MAKX 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, MAKX or SCHD?
MAKX has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, MAKX or SCHD?
Over the past year MAKX returned +33.20% vs +22.36% for SCHD, so MAKX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAKX or SCHD?
MAKX has been the more volatile fund at 29.0% annualized versus 15.2% for SCHD. Worst drawdown: MAKX -40.3% vs SCHD -16.9%.
Should I hold both MAKX and SCHD?
MAKX and SCHD have a monthly-return correlation of 0.55, 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, MAKX or SCHD?
MAKX yields 0.14% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MAKX?
SCHD has a lower expense ratio. MAKX led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.