MLPA vs SCHD
Global X MLP ETF vs Schwab US Dividend Equity ETF
Which is better, MLPA or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. MLPA led over 3Y and 5Y, SCHD 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 | MLPA | SCHD |
|---|---|---|
| Expense Ratio | 0.77% | 0.06%Best |
| AUM | $2.4B | $112.1B |
| Dividend Yield | 7.04% | 3.00% |
| Holdings | 22 | 103 |
| YTD Return | +24.78%Best | +24.59% |
| 1Y Return | +26.55% | +28.14%Best |
| 3Y Return (annualized) | +18.23%Best | +15.58% |
| 5Y Return (annualized) | +19.67%Best | +9.90% |
| Volatility (annualized) | 26.3% | 13.8%Best |
| Max Drawdown | -86.2% | -33.4%Best |
| $10,000 over 5 years | $24,543Best | $16,032 |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 18, 2012 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 19, 2012 to Sep 10, 2026 (14.4 years).
MLPA 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 14.4 years both funds cover.
MLPA vs SCHD Performance
Global X MLP ETF (MLPA) is an ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MLPA returned +26.55% while SCHD returned +28.14%. Year to date, MLPA is up 24.78% versus a gain of 24.59% for SCHD.
Over three years, MLPA compounded at +18.23% per year against +15.58% for SCHD; over five years the annualized figures are +19.67% and +9.90% respectively. Across the full 14-year window we track, SCHD has the edge at +11.01% annualized vs -0.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MLPA has been the more volatile fund, with annualized monthly volatility of 26.3% compared with 13.8% 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 -86.2% for MLPA and -33.4% 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MLPA charges 0.77% per year while SCHD charges 0.06%. On a $10,000 position that is $77 vs $6 annually, a gap of $71 per year that compounds over a long holding period. On income, MLPA currently yields 7.04% against 3.00% for SCHD.
Holdings Overlap
At least 1.5% of SCHD's money is in holdings MLPA also owns.
Only one direction is shown: for MLPA, our book for it lists positions totalling 109.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and MLPA share little of their money.
1 positions in common, counted across the 20 positions we hold weights for in MLPA and 100 in SCHD, against full books of 22 and 103.
Top Shared Holdings
| Stock | Weight in MLPA | Weight in SCHD | Difference |
|---|---|---|---|
| OKEOneok Inc. | 0.00% | 1.47% | 1.47% |
You are not choosing between two funds in isolation.
Whichever of MLPA 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, MLPA or SCHD?
MLPA has an expense ratio of 0.77% while SCHD charges 0.06%. SCHD is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, MLPA or SCHD?
Over the past year MLPA returned +26.55% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), MLPA annualized -0.22% vs +11.01% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPA or SCHD?
MLPA has been the more volatile fund at 26.3% annualized versus 13.8% for SCHD. Worst drawdown: MLPA -86.2% vs SCHD -33.4%.
Should I hold both MLPA and SCHD?
MLPA and SCHD have a monthly-return correlation of 0.64, 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 MLPA and SCHD?
At least 1.5% of SCHD's money is in holdings MLPA also owns. Our book for MLPA is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 20 positions we hold weights for in MLPA and 100 in SCHD.
Which pays a higher dividend, MLPA or SCHD?
MLPA yields 7.04% while SCHD yields 3.00%, so MLPA currently pays the higher dividend yield.
Is SCHD better than MLPA?
SCHD has a lower expense ratio. MLPA led over 3Y and 5Y, SCHD over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.