MLDR 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

MetricMLDRSCHDWinner
Expense Ratio0.12%0.06%
AUM$9M$103.7B
Dividend Yield3.76%3.31%
Holdings63104
YTD Return-1.18%+25.62%
1Y Return+0.97%+32.62%
3Y Return (annualized)-+15.58%
5Y Return (annualized)-+9.63%
Volatility (annualized)3.8%13.6%
Max Drawdown-4.5%-33.4%
Fund FamilyGlobal X by mirae AssetCharles Schwab Asset Management
CategoryFixed IncomeEquity
InceptionSep 9, 2024Oct 20, 2011

MLDR vs SCHD Performance

Global X Intermediate-Term Treasury Ladder ETF (MLDR) is a ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MLDR returned +0.97% while SCHD returned +32.62%. Year to date, MLDR is down 1.18% versus a gain of 25.62% for SCHD.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 3.8% for MLDR. 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 -4.5% for MLDR 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 0.25. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MLDR charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, MLDR currently yields 3.76% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, MLDR or SCHD?

MLDR has an expense ratio of 0.12% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, MLDR or SCHD?

Over the past year MLDR returned +0.97% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), MLDR annualized +0.96% vs +11.47% for SCHD. Past performance does not guarantee future results.

Which is riskier, MLDR or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 3.8% for MLDR. Worst drawdown: MLDR -4.5% vs SCHD -33.4%.

Should I hold both MLDR and SCHD?

MLDR and SCHD have a monthly-return correlation of 0.25, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, MLDR or SCHD?

MLDR yields 3.76% while SCHD yields 3.31%, so MLDR currently pays the higher dividend yield.

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