MDLV vs SCHD
Morgan Dempsey Large Cap Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | MDLV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.58% | 0.06% | |
| AUM | $43M | $103.7B | |
| Dividend Yield | 2.76% | 3.31% | |
| Holdings | 38 | 104 | |
| YTD Return | +10.91% | +25.33% | |
| 1Y Return | +16.84% | +32.31% | |
| 3Y Return (annualized) | +11.99% | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 10.3% | 13.6% | |
| Max Drawdown | -16.6% | -33.4% | |
| Fund Family | Morgan Dempsey | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Apr 26, 2023 | Oct 20, 2011 |
MDLV vs SCHD Performance
Morgan Dempsey Large Cap Value ETF (MDLV) is a ETF from Morgan Dempsey and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MDLV returned +16.84% while SCHD returned +32.31%. Year to date, MDLV is up 10.91% versus a gain of 25.33% for SCHD.
Over three years, MDLV compounded at +11.99% per year against +15.40% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.45% annualized vs +8.00%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.3% for MDLV. 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 -16.6% for MDLV 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MDLV 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, MDLV currently yields 2.76% against 3.31% for SCHD.
Holdings Overlap
MDLV and SCHD share 1 holdings out of 104 unique holdings combined, representing a 2.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MDLV | Weight in SCHD | Difference |
|---|---|---|---|
| CVX | 2.82% | 3.95% | 1.13% |
Frequently Asked Questions
Which is cheaper, MDLV or SCHD?
MDLV has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, MDLV or SCHD?
Over the past year MDLV returned +16.84% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), MDLV annualized +8.00% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, MDLV or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.3% for MDLV. Worst drawdown: MDLV -16.6% vs SCHD -33.4%.
Should I hold both MDLV and SCHD?
MDLV and SCHD have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MDLV and SCHD?
MDLV and SCHD share 1 common holdings with a 2.8% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, MDLV or SCHD?
MDLV yields 2.76% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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