MKTN vs SCHD
Federated Hermes MDT Market Neutral ETF vs Schwab US Dividend Equity ETF
Which is better, MKTN or SCHD?
Market Neutral Strategy against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | MKTN | SCHD |
|---|---|---|
| Expense Ratio | 1.94% | 0.06%Best |
| AUM | $142M | $108.9B |
| Dividend Yield | 0.48% | 3.00% |
| Holdings | 802 | 206 |
| YTD Return | +9.73% | +20.67%Best |
| 1Y Return | +14.11% | +22.79%Best |
| 3Y Return (annualized) | - | +15.93% |
| 5Y Return (annualized) | - | +9.26% |
| Volatility (annualized) | 5.7%Best | 14.5% |
| Max Drawdown | -4.1%Best | -6.9% |
| $10,000 over 1 years | $11,267 | $12,481Best |
| Fund Family | Federated Hermes | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Market Neutral Strategy | Large Cap Value |
| Inception | Sep 24, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 25, 2025 to Oct 1, 2026 (1 years).
MKTN 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 1 years both funds cover.
MKTN vs SCHD Performance
Federated Hermes MDT Market Neutral ETF (MKTN) is an ETF from Federated Hermes and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MKTN returned +14.11% while SCHD returned +22.79%. Year to date, MKTN is up 9.73% versus a gain of 20.67% 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 14.5% compared with 5.7% for MKTN. 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 -4.1% for MKTN and -6.9% 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 0.01. They move largely independently of each other.
Fees and Cost Over Time
MKTN charges 1.94% per year while SCHD charges 0.06%. On a $10,000 position that is $194 vs $6 annually, a gap of $188 per year that compounds over a long holding period. On income, MKTN currently yields 0.48% against 3.00% for SCHD.
Holdings Overlap
At least 41.4% of SCHD's money is in holdings MKTN also owns.
Stated as a floor: for MKTN, our book for it covers 89.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
21 positions in common, counted across the 398 positions we hold weights for in MKTN and 99 in SCHD, against full books of 802 and 206.
Top Shared Holdings
| Stock | Weight in MKTN | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.30% | 4.24% | 3.94% |
| UNHUnitedhealth Group Incorporated | 0.37% | 3.82% | 3.45% |
| ABTAbbott Laboratories | -0.39% | 4.44% | 4.83% |
| HDHome Depot Inc/The | -0.29% | 3.75% | 4.04% |
| BMYBristol-Myers Squibb Co. | 0.05% | 3.25% | 3.20% |
| MOAltria Group Inc. | 0.11% | 2.88% | 2.77% |
| ADPAutomatic Data Processing, Inc. | 0.14% | 2.68% | 2.54% |
| CMCSAComcast Corp-class A Cmcsa | -0.12% | 2.25% | 2.37% |
| ACNAccenture Plc | -0.71% | 2.83% | 3.54% |
| EOGEog Resources Inc | 0.07% | 1.96% | 1.89% |
41.4% of SCHD is already inside MKTN.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MKTN or SCHD?
MKTN has an expense ratio of 1.94% while SCHD charges 0.06%. SCHD is the cheaper option, by $188 a year on a $10,000 investment.
Which performed better, MKTN or SCHD?
Over the past year MKTN returned +14.11% vs +22.79% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), MKTN annualized +12.67% vs +24.81% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MKTN or SCHD?
SCHD has been the more volatile fund at 14.5% annualized versus 5.7% for MKTN. Worst drawdown: MKTN -4.1% vs SCHD -6.9%.
Should I hold both MKTN and SCHD?
MKTN and SCHD have a monthly-return correlation of 0.01, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MKTN and SCHD?
At least 41.4% of SCHD's money is in holdings MKTN also owns. Our book for MKTN is partial, so the real figure is this or higher. They hold 21 positions in common, counted across the 398 positions we hold weights for in MKTN and 99 in SCHD.
Which pays a higher dividend, MKTN or SCHD?
MKTN yields 0.48% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MKTN?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.