MHY vs SCHD
Man Active High Yield ETF vs Schwab US Dividend Equity ETF
Which is better, MHY or SCHD?
High Yield Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y.
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 | MHY | SCHD |
|---|---|---|
| Expense Ratio | 0.69% | 0.06%Best |
| AUM | $32M | $112.2B |
| Dividend Yield | 5.24% | 3.13% |
| Holdings | 103 | 103 |
| YTD Return | +7.26% | +28.59%Best |
| 1Y Return | +9.23% | +31.77%Best |
| 3Y Return (annualized) | - | +16.70% |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 2.5%Best | 12.6% |
| Fund Family | Man Solutions LLC | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Sep 16, 2025 | Oct 20, 2011 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
MHY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MHY vs SCHD Performance
Man Active High Yield ETF (MHY) is an ETF from Man Solutions LLC and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MHY returned +9.23% while SCHD returned +31.77%. Year to date, MHY is up 7.26% versus a gain of 28.59% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 2.5% for MHY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.29. They move largely independently of each other.
Fees and Cost Over Time
MHY charges 0.69% per year while SCHD charges 0.06%. On a $10,000 position that is $69 vs $6 annually, a gap of $63 per year that compounds over a long holding period. On income, MHY currently yields 5.24% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 10 holdings in MHY and 100 in SCHD, totalling 5.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 10 positions we hold weights for in MHY and 100 in SCHD, against full books of 103 and 103.
You are not choosing between two funds in isolation.
Whichever of MHY 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, MHY or SCHD?
MHY has an expense ratio of 0.69% while SCHD charges 0.06%. SCHD is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, MHY or SCHD?
Over the past year MHY returned +9.23% vs +31.77% 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, MHY or SCHD?
SCHD has been the more volatile fund at 12.6% annualized versus 2.5% for MHY.
Should I hold both MHY and SCHD?
MHY and SCHD have a monthly-return correlation of 0.29, 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, MHY or SCHD?
MHY yields 5.24% while SCHD yields 3.13%, so MHY currently pays the higher dividend yield.
Is SCHD better than MHY?
SCHD has a lower expense ratio. SCHD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.