MGF vs SCHD
Aberdeen Government Markets Income Fund vs Schwab US Dividend Equity ETF
Which is better, MGF or SCHD?
Long Term High Quality against Large Cap Value.
SCHD led over 1Y, 3Y, 5Y 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 | MGF | SCHD |
|---|---|---|
| Expense Ratio | - | 0.06% |
| AUM | $99M | $112.1B |
| Dividend Yield | 7.74% | 3.00% |
| Holdings | 465 | 103 |
| YTD Return | -4.03% | +24.04%Best |
| 1Y Return | -5.34% | +27.95%Best |
| 3Y Return (annualized) | +3.50% | +15.51%Best |
| 5Y Return (annualized) | -1.79% | +9.80%Best |
| Volatility (annualized) | 7.8%Best | 13.6% |
| Max Drawdown | -51.8% | -33.4%Best |
| $10,000 over 5 years | $9,136 | $15,959Best |
| Fund Family | Aberdeen Asset Management | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Value |
| Inception | May 28, 1987 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 16, 2026 (14.9 years).
MGF 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 14.9 years both funds cover.
MGF vs SCHD Performance
Aberdeen Government Markets Income Fund (MGF) is an ETF from Aberdeen Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MGF returned -5.34% while SCHD returned +27.95%. Year to date, MGF is down 4.03% versus a gain of 24.04% for SCHD.
Over three years, MGF compounded at +3.50% per year against +15.51% for SCHD; over five years the annualized figures are -1.79% and +9.80% respectively. Across the full 15-year window we track, SCHD has the edge at +11.29% annualized vs -3.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.8% for MGF. 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 -51.8% for MGF and -33.4% 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 0.34. They move together some of the time, and apart the rest.
Holdings Overlap
We hold position weights for 176 holdings in MGF and 100 in SCHD, totalling 68.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 92 days apart, MGF as of May 31, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 176 positions we hold weights for in MGF and 100 in SCHD, against full books of 465 and 103.
You are not choosing between two funds in isolation.
Whichever of MGF 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 performed better, MGF or SCHD?
Over the past year MGF returned -5.34% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), MGF annualized -3.06% vs +11.29% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MGF or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 7.8% for MGF. Worst drawdown: MGF -51.8% vs SCHD -33.4%.
Should I hold both MGF and SCHD?
MGF and SCHD have a monthly-return correlation of 0.34, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MGF or SCHD?
MGF yields 7.74% while SCHD yields 3.00%, so MGF currently pays the higher dividend yield.
Is SCHD better than MGF?
SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.