MINV vs SCHD
Matthews Asia Innovators Active ETF vs Schwab US Dividend Equity ETF
Which is better, MINV or SCHD?
MINV has been ahead.
SCHD has a lower expense ratio. MINV led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 41.9%.
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 | MINV | SCHD |
|---|---|---|
| Expense Ratio | 0.79% | 0.06%Best |
| AUM | $165M | $112.1B |
| Dividend Yield | 1.08% | 3.00% |
| Holdings | 67 | 103 |
| YTD Return | +34.88%Best | +21.99% |
| 1Y Return | +35.68%Best | +25.92% |
| 3Y Return (annualized) | +31.34%Best | +15.66% |
| 5Y Return (annualized) | - | +9.48% |
| Volatility (annualized) | 27.2% | 14.8%Best |
| Max Drawdown | -23.5% | -16.1%Best |
| $10,000 over 4.2 years | $20,183Best | $16,333 |
| Top 10 Weight | 41.9% | 41.8%Best |
| Fund Family | Matthews Asia Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 13, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jul 14, 2022 to Sep 23, 2026 (4.2 years).
MINV 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 4.2 years both funds cover.
MINV vs SCHD Performance
Matthews Asia Innovators Active ETF (MINV) is an ETF from Matthews Asia Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MINV returned +35.68% while SCHD returned +25.92%. Year to date, MINV is up 34.88% versus a gain of 21.99% for SCHD.
Over three years, MINV compounded at +31.34% per year against +15.66% for SCHD. Across the full 4-year window we track, MINV has the edge at +18.20% annualized vs +12.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MINV has been the more volatile fund, with annualized monthly volatility of 27.2% compared with 14.8% 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 -23.5% for MINV and -16.1% 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 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MINV charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, MINV currently yields 1.08% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 55 holdings in MINV and 100 in SCHD, totalling 95.1% 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 55 positions we hold weights for in MINV and 100 in SCHD, against full books of 67 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for MINV (99.9% of the fund), and 5 for MINV that do not appear in SCHD (12.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of MINV 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, MINV or SCHD?
MINV has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, MINV or SCHD?
Over the past year MINV returned +35.68% vs +25.92% for SCHD, so MINV leads on 1-year performance. Over the longest common window we track (4 years), MINV annualized +18.20% vs +12.39% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MINV or SCHD?
MINV has been the more volatile fund at 27.2% annualized versus 14.8% for SCHD. Worst drawdown: MINV -23.5% vs SCHD -16.1%.
Should I hold both MINV and SCHD?
MINV and SCHD have a monthly-return correlation of 0.33, 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, MINV or SCHD?
MINV yields 1.08% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MINV?
SCHD has a lower expense ratio. MINV led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.