MDLV vs SCHD
Morgan Dempsey Large Cap Value ETF vs Schwab US Dividend Equity ETF
Which is better, MDLV or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. MDLV is less concentrated, with 34.2% 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 | MDLV | SCHD |
|---|---|---|
| Expense Ratio | 0.58% | 0.06%Best |
| AUM | $46M | $112.1B |
| Dividend Yield | 2.67% | 3.00% |
| Holdings | 38 | 103 |
| YTD Return | +8.14% | +23.68%Best |
| 1Y Return | +11.29% | +28.36%Best |
| 3Y Return (annualized) | +12.20% | +16.20%Best |
| 5Y Return (annualized) | - | +10.07% |
| Volatility (annualized) | 10.4%Best | 13.5% |
| Max Drawdown | -16.6% | -16.1%Best |
| $10,000 over 3.4 years | $12,555 | $16,031Best |
| Top 10 Weight | 34.2%Best | 41.8% |
| Fund Family | Morgan Dempsey | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Apr 26, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 26, 2023 to Sep 22, 2026 (3.4 years).
MDLV 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 3.4 years both funds cover.
MDLV vs SCHD Performance
Morgan Dempsey Large Cap Value ETF (MDLV) is an ETF from Morgan Dempsey and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MDLV returned +11.29% while SCHD returned +28.36%. Year to date, MDLV is up 8.14% versus a gain of 23.68% for SCHD.
Over three years, MDLV compounded at +12.20% per year against +16.20% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 10.4% 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 -16.1% 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 0.80. 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 2.67% against 3.00% for SCHD.
Holdings Overlap
24.1% of MDLV's money is in holdings SCHD also owns. 29.9% of SCHD's money is in holdings MDLV also owns.
SCHD and MDLV share little of their money.
9 positions in common, counted across the 38 positions we hold weights for in MDLV and 100 in SCHD, against full books of 38 and 103.
What only one of them owns
Our book lists 90 positions for SCHD that do not appear in our book for MDLV (70.1% of the fund), and 27 for MDLV that do not appear in SCHD (71.5%).
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 MDLV | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 2.86% | 4.77% | 1.91% |
| CVXChevron Corp | 3.43% | 4.02% | 0.59% |
| KOCoca Cola Co. | 3.03% | 4.17% | 1.14% |
| VZVerizon Communic | 2.57% | 3.97% | 1.40% |
| PEPPepsico Inc. | 2.36% | 3.64% | 1.28% |
| LMTLockheed Martin Corp | 2.74% | 2.78% | 0.04% |
| UPSUnited Parcel Service, Inc | 2.80% | 1.90% | 0.90% |
| TXNTexas Instrument Inc | 1.48% | 3.13% | 1.65% |
| OKEOneok Inc. | 2.86% | 1.47% | 1.39% |
29.9% of SCHD is already inside MDLV.
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, MDLV or SCHD?
MDLV 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, MDLV or SCHD?
Over the past year MDLV returned +11.29% vs +28.36% 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, MDLV or SCHD?
SCHD has been the more volatile fund at 13.5% annualized versus 10.4% for MDLV. Worst drawdown: MDLV -16.6% vs SCHD -16.1%.
Should I hold both MDLV and SCHD?
MDLV and SCHD have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MDLV and SCHD?
29.9% of SCHD's money is in holdings MDLV also owns. 29.9% of SCHD's is in holdings MDLV also owns. They hold 9 positions in common, counted across the 38 positions we hold weights for in MDLV and 100 in SCHD.
Which pays a higher dividend, MDLV or SCHD?
MDLV yields 2.67% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MDLV?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. MDLV is less concentrated, with 34.2% 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.