MDST vs SCHD
Westwood Salient Enhanced Midstream Income ETF vs Schwab US Dividend Equity ETF
Which is better, MDST or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. MDST led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 63.9%.
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 | MDST | SCHD |
|---|---|---|
| Expense Ratio | 0.80% | 0.06%Best |
| AUM | $287M | $108.9B |
| Dividend Yield | 9.86% | 3.00% |
| Holdings | 110 | 206 |
| YTD Return | +16.82% | +23.29%Best |
| 1Y Return | +22.51% | +29.70%Best |
| 3Y Return (annualized) | - | +16.26% |
| 5Y Return (annualized) | - | +9.65% |
| Volatility (annualized) | 12.0%Best | 13.3% |
| Max Drawdown | -14.2%Best | -16.1% |
| $10,000 over 2.5 years | $14,791Best | $13,773 |
| Top 10 Weight | 63.9% | 41.8%Best |
| Fund Family | Westwood Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Apr 8, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 9, 2024 to Oct 13, 2026 (2.5 years).
MDST 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 2.5 years both funds cover.
MDST vs SCHD Performance
Westwood Salient Enhanced Midstream Income ETF (MDST) is an ETF from Westwood Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MDST returned +22.51% while SCHD returned +29.70%. Year to date, MDST is up 16.82% versus a gain of 23.29% 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 13.3% compared with 12.0% for MDST. 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 -14.2% for MDST 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MDST charges 0.80% per year while SCHD charges 0.06%. On a $10,000 position that is $80 vs $6 annually, a gap of $74 per year that compounds over a long holding period. On income, MDST currently yields 9.86% against 3.00% for SCHD.
Holdings Overlap
5.1% of MDST's money is in holdings SCHD also owns. 1.5% of SCHD's money is in holdings MDST also owns.
MDST and SCHD share little of their money.
1 positions in common, counted across the 24 positions we hold weights for in MDST and 99 in SCHD, against full books of 110 and 206.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for MDST (98.4% of the fund), and 17 for MDST that do not appear in SCHD (65.5%).
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 MDST | Weight in SCHD | Difference |
|---|---|---|---|
| OKEOneok Inc. | 5.08% | 1.52% | 3.56% |
You are not choosing between two funds in isolation.
Whichever of MDST and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MDST or SCHD?
MDST has an expense ratio of 0.80% while SCHD charges 0.06%. SCHD is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, MDST or SCHD?
Over the past year MDST returned +22.51% vs +29.70% 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, MDST or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 12.0% for MDST. Worst drawdown: MDST -14.2% vs SCHD -16.1%.
Should I hold both MDST and SCHD?
MDST and SCHD have a monthly-return correlation of 0.71, 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 MDST and SCHD?
5.1% of MDST's money is in holdings SCHD also owns. 1.5% of SCHD's is in holdings MDST also owns. They hold 1 positions in common, counted across the 24 positions we hold weights for in MDST and 99 in SCHD.
Which pays a higher dividend, MDST or SCHD?
MDST yields 9.86% while SCHD yields 3.00%, so MDST currently pays the higher dividend yield.
Is SCHD better than MDST?
SCHD has a lower expense ratio. MDST led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 63.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.