MGMT vs SCHD
Ballast Small/Mid Cap 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 104 holdings.
Side-by-Side Comparison
| Metric | MGMT | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.10% | 0.06% | |
| AUM | $176M | $108.7B | |
| Dividend Yield | 0.30% | 3.13% | |
| Holdings | 55 | 104 | |
| YTD Return | +17.36% | +26.54% | |
| 1Y Return | +21.78% | +30.90% | |
| 3Y Return (annualized) | +14.85% | +16.29% | |
| 5Y Return (annualized) | +8.25% | +9.65% | |
| Volatility (annualized) | 18.1% | 13.6% | |
| Max Drawdown | -24.9% | -33.4% | |
| Fund Family | Ballast Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 2, 2020 | Oct 20, 2011 |
MGMT vs SCHD Performance
Ballast Small/Mid Cap ETF (MGMT) is a ETF from Ballast Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MGMT returned +21.78% while SCHD returned +30.90%. Year to date, MGMT is up 17.36% versus a gain of 26.54% for SCHD.
Over three years, MGMT compounded at +14.85% per year against +16.29% for SCHD; over five years the annualized figures are +8.25% and +9.65% respectively. Across the full 6-year window we track, MGMT has the edge at +14.18% annualized vs +11.51%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGMT has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.6% 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 -24.9% for MGMT 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MGMT charges 1.10% per year while SCHD charges 0.06%. On a $10,000 position that is $110 vs $6 annually, a gap of $104 per year that compounds over a long holding period. On income, MGMT currently yields 0.30% against 3.13% for SCHD.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, MGMT or SCHD?
MGMT has an expense ratio of 1.10% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $104 per year of difference.
Which performed better, MGMT or SCHD?
Over the past year MGMT returned +21.78% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), MGMT annualized +14.18% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, MGMT or SCHD?
MGMT has been the more volatile fund at 18.1% annualized versus 13.6% for SCHD. Worst drawdown: MGMT -24.9% vs SCHD -33.4%.
Should I hold both MGMT and SCHD?
MGMT and SCHD have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MGMT and SCHD?
MGMT and SCHD share 2 common holdings with a 0.2% weight overlap. Combined, they hold 153 unique securities.
Which pays a higher dividend, MGMT or SCHD?
MGMT yields 0.30% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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