MKAM vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricMKAMSCHDWinner
Expense Ratio0.53%0.06%
AUM$13M$103.7B
Dividend Yield2.68%3.31%
Holdings5104
YTD Return+6.83%+25.33%
1Y Return+11.99%+32.31%
3Y Return (annualized)+10.21%+15.40%
5Y Return (annualized)-+9.70%
Volatility (annualized)5.7%13.6%
Max Drawdown-5.0%-33.4%
Fund FamilyMKAM ETF, LLCCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionApr 12, 2023Oct 20, 2011

MKAM vs SCHD Performance

MKAM ETF (MKAM) is a ETF from MKAM ETF, LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MKAM returned +11.99% while SCHD returned +32.31%. Year to date, MKAM is up 6.83% versus a gain of 25.33% for SCHD.

Over three years, MKAM compounded at +10.21% per year against +15.40% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.45% annualized vs +10.79%. 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 5.7% for MKAM. 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 -5.0% for MKAM 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MKAM charges 0.53% per year while SCHD charges 0.06%. On a $10,000 position that is $53 vs $6 annually, a gap of $47 per year that compounds over a long holding period. On income, MKAM currently yields 2.68% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

MKAM and SCHD share 0 holdings out of 104 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, MKAM or SCHD?

MKAM has an expense ratio of 0.53% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $47 per year of difference.

Which performed better, MKAM or SCHD?

Over the past year MKAM returned +11.99% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), MKAM annualized +10.79% vs +11.45% for SCHD. Past performance does not guarantee future results.

Which is riskier, MKAM or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 5.7% for MKAM. Worst drawdown: MKAM -5.0% vs SCHD -33.4%.

Should I hold both MKAM and SCHD?

MKAM and SCHD have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MKAM and SCHD?

MKAM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, MKAM or SCHD?

MKAM yields 2.68% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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