MEGI vs SCHD
NYLI CBRE Global Infrastructure Megatrends Term Fund vs Schwab US Dividend Equity ETF
Which is better, MEGI or SCHD?
All Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window.
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 | MEGI | SCHD |
|---|---|---|
| Expense Ratio | 1.87% | 0.06%Best |
| AUM | $842M | $112.2B |
| Dividend Yield | 8.98% | 3.13% |
| Holdings | 64 | 103 |
| YTD Return | +12.44% | +27.56%Best |
| 1Y Return | +13.75% | +30.29%Best |
| 3Y Return (annualized) | +16.09% | +16.37%Best |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 22.8% | 14.8%Best |
| Max Drawdown | -39.5% | -16.9%Best |
| $10,000 over 4.9 years | $11,719 | $16,167Best |
| Fund Family | New York Life Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Oct 27, 2021 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Oct 27, 2021 to Sep 4, 2026 (4.9 years).
MEGI 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 4.9 years both funds cover.
MEGI vs SCHD Performance
NYLI CBRE Global Infrastructure Megatrends Term Fund (MEGI) is an ETF from New York Life Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MEGI returned +13.75% while SCHD returned +30.29%. Year to date, MEGI is up 12.44% versus a gain of 27.56% for SCHD.
Over three years, MEGI compounded at +16.09% per year against +16.37% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MEGI has been the more volatile fund, with annualized monthly volatility of 22.8% compared with 14.8% 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 -39.5% for MEGI and -16.9% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MEGI charges 1.87% per year while SCHD charges 0.06%. On a $10,000 position that is $187 vs $6 annually, a gap of $181 per year that compounds over a long holding period. On income, MEGI currently yields 8.98% against 3.13% for SCHD.
Holdings Overlap
At least 1.4% of SCHD's money is in holdings MEGI also owns.
Only one direction is shown: for MEGI, our book for it lists positions totalling 125.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and MEGI share little of their money.
The two holdings books were reported 68 days apart, MEGI as of May 31, 2026 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 67 positions we hold weights for in MEGI and 100 in SCHD, against full books of 64 and 103.
Top Shared Holdings
| Stock | Weight in MEGI | Weight in SCHD | Difference |
|---|---|---|---|
| OKEOneok Inc. | 3.10% | 1.36% | 1.74% |
You are not choosing between two funds in isolation.
Whichever of MEGI 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, MEGI or SCHD?
MEGI has an expense ratio of 1.87% while SCHD charges 0.06%. SCHD is the cheaper option, by $181 a year on a $10,000 investment.
Which performed better, MEGI or SCHD?
Over the past year MEGI returned +13.75% vs +30.29% 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, MEGI or SCHD?
MEGI has been the more volatile fund at 22.8% annualized versus 14.8% for SCHD. Worst drawdown: MEGI -39.5% vs SCHD -16.9%.
Should I hold both MEGI and SCHD?
MEGI and SCHD have a monthly-return correlation of 0.67, 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 MEGI and SCHD?
At least 1.4% of SCHD's money is in holdings MEGI also owns. Our book for MEGI is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 67 positions we hold weights for in MEGI and 100 in SCHD.
Which pays a higher dividend, MEGI or SCHD?
MEGI yields 8.98% while SCHD yields 3.13%, so MEGI currently pays the higher dividend yield.
Is SCHD better than MEGI?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.