MFSV vs SCHD
MFS Active 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 | MFSV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.06% | |
| AUM | $562M | $103.7B | |
| Dividend Yield | 1.37% | 3.31% | |
| Holdings | 62 | 104 | |
| YTD Return | +12.71% | +25.33% | |
| 1Y Return | +21.08% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 8.9% | 13.6% | |
| Max Drawdown | -12.7% | -33.4% | |
| Fund Family | MFS Investment Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 5, 2024 | Oct 20, 2011 |
MFSV vs SCHD Performance
MFS Active Value ETF (MFSV) is a ETF from MFS Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MFSV returned +21.08% while SCHD returned +32.31%. Year to date, MFSV is up 12.71% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.9% for MFSV. 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 -12.7% for MFSV 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MFSV charges 0.44% per year while SCHD charges 0.06%. On a $10,000 position that is $44 vs $6 annually, a gap of $38 per year that compounds over a long holding period. On income, MFSV currently yields 1.37% against 3.31% for SCHD.
Holdings Overlap
MFSV and SCHD share 9 holdings out of 154 unique holdings combined, representing a 11.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MFSV or SCHD?
MFSV has an expense ratio of 0.44% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $38 per year of difference.
Which performed better, MFSV or SCHD?
Over the past year MFSV returned +21.08% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), MFSV annualized +13.21% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, MFSV or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 8.9% for MFSV. Worst drawdown: MFSV -12.7% vs SCHD -33.4%.
Should I hold both MFSV and SCHD?
MFSV and SCHD have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MFSV and SCHD?
MFSV and SCHD share 9 common holdings with a 11.4% weight overlap. Combined, they hold 154 unique securities.
Which pays a higher dividend, MFSV or SCHD?
MFSV yields 1.37% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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