MLPB vs SCHD
ETRACS Alerian MLP Infrastructure Index ETN Series B vs Schwab US Dividend Equity ETF
Which is better, MLPB or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. MLPB led over 5Y, SCHD over 1Y, 3Y and the full window. MLPB is less concentrated, with 35.1% of the fund in its ten largest positions against 41.8%.
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 | MLPB | SCHD |
|---|---|---|
| Expense Ratio | 0.85% | 0.06%Best |
| AUM | $210M | $119.9B |
| Dividend Yield | 5.83% | 2.96% |
| Holdings | 41 | 204 |
| YTD Return | +14.71% | +29.95%Best |
| 1Y Return | +18.59% | +37.26%Best |
| 3Y Return (annualized) | +16.23% | +19.10%Best |
| 5Y Return (annualized) | +18.42%Best | +9.87% |
| Volatility (annualized) | 30.6% | 15.1%Best |
| Max Drawdown | -77.6% | -33.4%Best |
| $10,000 over 5 years | $23,288Best | $16,010 |
| Top 10 Weight | 35.1%Best | 41.8% |
| Fund Family | UBS AG | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Oct 9, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 9, 2015 to Nov 6, 2026 (11.1 years).
MLPB 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 11.1 years both funds cover.
MLPB vs SCHD Performance
ETRACS Alerian MLP Infrastructure Index ETN Series B (MLPB) is an ETF from UBS AG and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MLPB returned +18.59% while SCHD returned +37.26%. Year to date, MLPB is up 14.71% versus a gain of 29.95% for SCHD.
Over three years, MLPB compounded at +16.23% per year against +19.10% for SCHD; over five years the annualized figures are +18.42% and +9.87% respectively. Across the full 11-year window we track, SCHD has the edge at +11.65% annualized vs +2.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MLPB has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.1% 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 -77.6% for MLPB 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MLPB charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, MLPB currently yields 5.83% against 2.96% for SCHD.
Holdings Overlap
12.5% of MLPB's money is in holdings SCHD also owns. 23.0% of SCHD's money is in holdings MLPB also owns.
SCHD and MLPB share little of their money.
6 positions in common, counted across the 40 positions we hold weights for in MLPB and 98 in SCHD, against full books of 41 and 204.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for MLPB (76.8% of the fund), and 28 for MLPB that do not appear in SCHD (72.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
23.0% of SCHD is already inside MLPB.
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, MLPB or SCHD?
MLPB has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, MLPB or SCHD?
Over the past year MLPB returned +18.59% vs +37.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), MLPB annualized +2.44% vs +11.65% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPB or SCHD?
MLPB has been the more volatile fund at 30.6% annualized versus 15.1% for SCHD. Worst drawdown: MLPB -77.6% vs SCHD -33.4%.
Should I hold both MLPB and SCHD?
MLPB and SCHD have a monthly-return correlation of 0.67, 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 MLPB and SCHD?
23.0% of SCHD's money is in holdings MLPB also owns. 23.0% of SCHD's is in holdings MLPB also owns. They hold 6 positions in common, counted across the 40 positions we hold weights for in MLPB and 98 in SCHD.
Which pays a higher dividend, MLPB or SCHD?
MLPB yields 5.83% while SCHD yields 2.96%, so MLPB currently pays the higher dividend yield.
Is SCHD better than MLPB?
SCHD has a lower expense ratio. MLPB led over 5Y, SCHD over 1Y, 3Y and the full window. MLPB is less concentrated, with 35.1% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.