MGNR vs SCHD
American Beacon GLG Natural Resources ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. MGNR delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | MGNR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.06% | |
| AUM | $198M | $103.7B | |
| Dividend Yield | 0.74% | 3.31% | |
| Holdings | 50 | 104 | |
| YTD Return | +18.63% | +25.58% | |
| 1Y Return | +54.10% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 21.5% | 13.6% | |
| Max Drawdown | -22.1% | -33.4% | |
| Fund Family | American Beacon Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 5, 2024 | Oct 20, 2011 |
MGNR vs SCHD Performance
American Beacon GLG Natural Resources ETF (MGNR) is a ETF from American Beacon Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MGNR returned +54.10% while SCHD returned +31.06%. Year to date, MGNR is up 18.63% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
MGNR has been the more volatile fund, with annualized monthly volatility of 21.5% 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 -22.1% for MGNR 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MGNR charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, MGNR currently yields 0.74% against 3.31% for SCHD.
Holdings Overlap
MGNR and SCHD share 0 holdings out of 142 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MGNR or SCHD?
MGNR has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.
Which performed better, MGNR or SCHD?
Over the past year MGNR returned +54.10% vs +31.06% for SCHD, so MGNR leads on 1-year performance. Over the longest common window we track (3 years), MGNR annualized +37.45% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, MGNR or SCHD?
MGNR has been the more volatile fund at 21.5% annualized versus 13.6% for SCHD. Worst drawdown: MGNR -22.1% vs SCHD -33.4%.
Should I hold both MGNR and SCHD?
MGNR and SCHD have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MGNR and SCHD?
MGNR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 142 unique securities.
Which pays a higher dividend, MGNR or SCHD?
MGNR yields 0.74% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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