Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricMBCCSCHDWinner
Expense Ratio1.14%0.06%
AUM$184M$103.7B
Dividend Yield0.35%3.31%
Holdings26104
YTD Return+7.90%+24.26%
1Y Return+13.18%+31.38%
3Y Return (annualized)+15.61%+15.08%
5Y Return (annualized)+8.49%+9.72%
Volatility (annualized)16.5%13.6%
Max Drawdown-30.6%-33.4%
Fund FamilyMonarch FundsCharles Schwab Asset Management
CategoryEquityEquity
InceptionMar 23, 2021Oct 20, 2011

MBCC vs SCHD Performance

Monarch Blue Chips Core Index ETF (MBCC) is a ETF from Monarch Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MBCC returned +13.18% while SCHD returned +31.38%. Year to date, MBCC is up 7.90% versus a gain of 24.26% for SCHD.

Over three years, MBCC compounded at +15.61% per year against +15.08% for SCHD; over five years the annualized figures are +8.49% and +9.72% respectively. Across the full 5-year window we track, SCHD has the edge at +11.39% annualized vs +9.79%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MBCC has been the more volatile fund, with annualized monthly volatility of 16.5% 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 -30.6% for MBCC 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MBCC charges 1.14% per year while SCHD charges 0.06%. On a $10,000 position that is $114 vs $6 annually, a gap of $108 per year that compounds over a long holding period. On income, MBCC currently yields 0.35% against 3.31% for SCHD.

Holdings Overlap

7.6%overlap

MBCC and SCHD share 2 holdings out of 122 unique holdings combined, representing a 7.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in MBCCWeight in SCHDDifference
AMGN3.89%4.25%0.36%
TXN4.15%3.70%0.45%

Frequently Asked Questions

Which is cheaper, MBCC or SCHD?

MBCC has an expense ratio of 1.14% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $108 per year of difference.

Which performed better, MBCC or SCHD?

Over the past year MBCC returned +13.18% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), MBCC annualized +9.79% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, MBCC or SCHD?

MBCC has been the more volatile fund at 16.5% annualized versus 13.6% for SCHD. Worst drawdown: MBCC -30.6% vs SCHD -33.4%.

Should I hold both MBCC and SCHD?

MBCC and SCHD have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MBCC and SCHD?

MBCC and SCHD share 2 common holdings with a 7.6% weight overlap. Combined, they hold 122 unique securities.

Which pays a higher dividend, MBCC or SCHD?

MBCC yields 0.35% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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