MKTN vs SCHD
Federated Hermes MDT Market Neutral ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. MKTN offers more diversification with 387 holdings.
Side-by-Side Comparison
| Metric | MKTN | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 2.10% | 0.06% | |
| AUM | $121M | $108.7B | |
| Dividend Yield | 0.48% | 3.13% | |
| Holdings | 387 | 104 | |
| YTD Return | +8.94% | +28.63% | |
| 1Y Return | +12.07% | +32.53% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +10.47% | |
| Volatility (annualized) | - | 13.7% | |
| Max Drawdown | -4.1% | -33.4% | |
| Fund Family | Federated Hermes | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Sep 24, 2025 | Oct 20, 2011 |
MKTN vs SCHD Performance
Federated Hermes MDT Market Neutral ETF (MKTN) is a ETF from Federated Hermes and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MKTN returned +12.07% while SCHD returned +32.53%. Year to date, MKTN is up 8.94% versus a gain of 28.63% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -4.1% for MKTN and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
MKTN charges 2.10% per year while SCHD charges 0.06%. On a $10,000 position that is $210 vs $6 annually, a gap of $204 per year that compounds over a long holding period. On income, MKTN currently yields 0.48% against 3.13% for SCHD.
Holdings Overlap
MKTN and SCHD share 20 holdings out of 464 unique holdings combined, representing a 3.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MKTN or SCHD?
MKTN has an expense ratio of 2.10% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $204 per year of difference.
Which performed better, MKTN or SCHD?
Over the past year MKTN returned +12.07% vs +32.53% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between MKTN and SCHD?
MKTN and SCHD share 20 common holdings with a 3.8% weight overlap. Combined, they hold 464 unique securities.
Which pays a higher dividend, MKTN or SCHD?
MKTN yields 0.48% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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