MEDI vs SCHD
Harbor Health Care ETF vs Schwab US Dividend Equity ETF
Which is better, MEDI or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. MEDI led over the full window, SCHD over 1Y and 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.0%.
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 | MEDI | SCHD |
|---|---|---|
| Expense Ratio | 0.80% | 0.06%Best |
| AUM | $42M | $108.9B |
| Dividend Yield | 0.04% | 3.00% |
| Holdings | 90 | 206 |
| YTD Return | +3.17% | +22.89%Best |
| 1Y Return | +9.72% | +29.27%Best |
| 3Y Return (annualized) | +14.72% | +16.56%Best |
| 5Y Return (annualized) | - | +9.63% |
| Volatility (annualized) | 16.2% | 13.4%Best |
| Max Drawdown | -19.2% | -16.1%Best |
| $10,000 over 3.9 years | $16,841Best | $15,092 |
| Top 10 Weight | 59.0% | 41.8%Best |
| Fund Family | Harbor Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Nov 16, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 17, 2022 to Oct 12, 2026 (3.9 years).
MEDI 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 3.9 years both funds cover.
MEDI vs SCHD Performance
Harbor Health Care ETF (MEDI) is an ETF from Harbor Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MEDI returned +9.72% while SCHD returned +29.27%. Year to date, MEDI is up 3.17% versus a gain of 22.89% for SCHD.
Over three years, MEDI compounded at +14.72% per year against +16.56% for SCHD. Across the full 4-year window we track, MEDI has the edge at +14.30% annualized vs +11.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEDI has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 13.4% 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 -19.2% for MEDI 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MEDI 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, MEDI currently yields 0.04% against 3.00% for SCHD.
Holdings Overlap
2.6% of MEDI's money is in holdings SCHD also owns. 8.6% of SCHD's money is in holdings MEDI also owns.
SCHD and MEDI share little of their money.
2 positions in common, counted across the 44 positions we hold weights for in MEDI and 99 in SCHD, against full books of 90 and 206.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for MEDI (91.3% of the fund), and 38 for MEDI that do not appear in SCHD (90.1%).
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.
You are not choosing between two funds in isolation.
Whichever of MEDI 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, MEDI or SCHD?
MEDI 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, MEDI or SCHD?
Over the past year MEDI returned +9.72% vs +29.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), MEDI annualized +14.30% vs +11.13% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MEDI or SCHD?
MEDI has been the more volatile fund at 16.2% annualized versus 13.4% for SCHD. Worst drawdown: MEDI -19.2% vs SCHD -16.1%.
Should I hold both MEDI and SCHD?
MEDI and SCHD have a monthly-return correlation of 0.44, 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 MEDI and SCHD?
8.6% of SCHD's money is in holdings MEDI also owns. 8.6% of SCHD's is in holdings MEDI also owns. They hold 2 positions in common, counted across the 44 positions we hold weights for in MEDI and 99 in SCHD.
Which pays a higher dividend, MEDI or SCHD?
MEDI yields 0.04% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MEDI?
SCHD has a lower expense ratio. MEDI led over the full window, SCHD over 1Y and 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.