MBOX vs SCHD
Freedom Day Dividend ETF vs Schwab US Dividend Equity ETF
Which is better, MBOX or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. MBOX led over 3Y, 5Y and the full window, SCHD over 1Y. The two have moved almost in lockstep, correlation 0.93. MBOX is less concentrated, with 26.0% 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 | MBOX | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $153M | $112.1B |
| Dividend Yield | 1.81% | 3.00% |
| Holdings | 48 | 103 |
| YTD Return | +16.42% | +21.99%Best |
| 1Y Return | +17.54% | +25.92%Best |
| 3Y Return (annualized) | +18.15%Best | +15.66% |
| 5Y Return (annualized) | +12.27%Best | +9.48% |
| Volatility (annualized) | 14.4%Best | 14.7% |
| Max Drawdown | -16.7%Best | -16.9% |
| $10,000 over 5 years | $17,837Best | $15,728 |
| Top 10 Weight | 26.0%Best | 41.8% |
| Fund Family | Freedom Day Dividend | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 4, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: May 5, 2021 to Sep 23, 2026 (5.4 years).
MBOX 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 5.4 years both funds cover.
MBOX vs SCHD Performance
Freedom Day Dividend ETF (MBOX) is an ETF from Freedom Day Dividend and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MBOX returned +17.54% while SCHD returned +25.92%. Year to date, MBOX is up 16.42% versus a gain of 21.99% for SCHD.
Over three years, MBOX compounded at +18.15% per year against +15.66% for SCHD; over five years the annualized figures are +12.27% and +9.48% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 14.4% for MBOX. 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 -16.7% for MBOX 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MBOX charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, MBOX currently yields 1.81% against 3.00% for SCHD.
Holdings Overlap
21.8% of MBOX's money is in holdings SCHD also owns. 27.2% of SCHD's money is in holdings MBOX also owns.
SCHD and MBOX share little of their money.
10 positions in common, counted across the 50 positions we hold weights for in MBOX and 100 in SCHD, against full books of 48 and 103.
What only one of them owns
Our book lists 89 positions for SCHD that do not appear in our book for MBOX (72.7% of the fund), and 32 for MBOX that do not appear in SCHD (67.6%).
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 MBOX | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 2.66% | 4.70% | 2.04% |
| MRKMerck & Company Inc | 2.35% | 4.77% | 2.42% |
| UNHUnitedhealth Group Incorporated | 2.33% | 3.82% | 1.49% |
| VZVerizon Communic | 1.92% | 3.97% | 2.05% |
| ADPAutomatic Data Processing, Inc. | 2.42% | 2.79% | 0.37% |
| MOAltria Group Inc | 2.03% | 2.79% | 0.76% |
| SLBSchlumberger Nv. | 2.12% | 2.19% | 0.07% |
| PAYXPaychex, Inc. | 2.30% | 1.00% | 1.30% |
| CINFCincinnati Financial Corp. | 1.85% | 0.64% | 1.21% |
| PFGPrincipalfinancialgroupinc. | 1.84% | 0.53% | 1.31% |
27.2% of SCHD is already inside MBOX.
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, MBOX or SCHD?
MBOX has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, MBOX or SCHD?
Over the past year MBOX returned +17.54% vs +25.92% 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, MBOX or SCHD?
SCHD has been the more volatile fund at 14.7% annualized versus 14.4% for MBOX. Worst drawdown: MBOX -16.7% vs SCHD -16.9%.
Should I hold both MBOX and SCHD?
MBOX and SCHD have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between MBOX and SCHD?
27.2% of SCHD's money is in holdings MBOX also owns. 27.2% of SCHD's is in holdings MBOX also owns. They hold 10 positions in common, counted across the 50 positions we hold weights for in MBOX and 100 in SCHD.
Which pays a higher dividend, MBOX or SCHD?
MBOX yields 1.81% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MBOX?
SCHD has a lower expense ratio. MBOX led over 3Y, 5Y and the full window, SCHD over 1Y. The two have moved almost in lockstep, correlation 0.93. MBOX is less concentrated, with 26.0% 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.