MDCP vs SCHD

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

MetricMDCPSCHDWinner
Expense Ratio0.55%0.06%
AUM$1M$103.7B
Dividend Yield0.28%3.31%
Holdings31104
YTD Return-3.33%+25.62%
1Y Return-1.11%+32.62%
3Y Return (annualized)+5.59%+15.58%
5Y Return (annualized)-+9.63%
Volatility (annualized)19.7%13.6%
Max Drawdown-27.5%-33.4%
Fund FamilyVictory Capital Management Inc.Charles Schwab Asset Management
CategoryEquityEquity
InceptionOct 4, 2021Oct 20, 2011

MDCP vs SCHD Performance

VictoryShares THB Mid Cap ETF (MDCP) is a ETF from Victory Capital Management Inc. and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MDCP returned -1.11% while SCHD returned +32.62%. Year to date, MDCP is down 3.33% versus a gain of 25.62% for SCHD.

Over three years, MDCP compounded at +5.59% per year against +15.58% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.47% annualized vs +3.26%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MDCP has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -27.5% for MDCP 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

MDCP charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, MDCP currently yields 0.28% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, MDCP or SCHD?

MDCP has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.

Which performed better, MDCP or SCHD?

Over the past year MDCP returned -1.11% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), MDCP annualized +3.26% vs +11.47% for SCHD. Past performance does not guarantee future results.

Which is riskier, MDCP or SCHD?

MDCP has been the more volatile fund at 19.7% annualized versus 13.6% for SCHD. Worst drawdown: MDCP -27.5% vs SCHD -33.4%.

Should I hold both MDCP and SCHD?

MDCP and SCHD have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, MDCP or SCHD?

MDCP yields 0.28% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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