MLPX vs SCHD
Global X MLP & Energy Infrastructure ETF vs Schwab US Dividend Equity ETF
Which is better, MLPX or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. MLPX led over 3Y and 5Y, SCHD over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 66.1%.
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 | MLPX | SCHD |
|---|---|---|
| Expense Ratio | 0.45% | 0.06%Best |
| AUM | $3.6B | $112.2B |
| Dividend Yield | 4.04% | 3.13% |
| Holdings | 31 | 103 |
| YTD Return | +27.63%Best | +27.56% |
| 1Y Return | +29.98% | +30.29%Best |
| 3Y Return (annualized) | +26.80%Best | +16.37% |
| 5Y Return (annualized) | +23.13%Best | +10.23% |
| Volatility (annualized) | 24.7% | 14.2%Best |
| Max Drawdown | -77.5% | -33.4%Best |
| $10,000 over 5 years | $28,302Best | $16,274 |
| Top 10 Weight | 66.1% | 41.5%Best |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Aug 6, 2013 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Aug 7, 2013 to Sep 4, 2026 (13.1 years).
MLPX 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 13.1 years both funds cover.
MLPX vs SCHD Performance
Global X MLP & Energy Infrastructure ETF (MLPX) 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 MLPX returned +29.98% while SCHD returned +30.29%. Year to date, MLPX is up 27.63% versus a gain of 27.56% for SCHD.
Over three years, MLPX compounded at +26.80% per year against +16.37% for SCHD; over five years the annualized figures are +23.13% and +10.23% respectively. Across the full 13-year window we track, SCHD has the edge at +10.50% annualized vs +6.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MLPX has been the more volatile fund, with annualized monthly volatility of 24.7% compared with 14.2% 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 -77.5% for MLPX 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MLPX charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, MLPX currently yields 4.04% against 3.13% for SCHD.
Holdings Overlap
6.9% of MLPX's money is in holdings SCHD also owns. 1.4% of SCHD's money is in holdings MLPX also owns.
MLPX and SCHD share little of their money.
1 positions in common, counted across the 29 positions we hold weights for in MLPX and 100 in SCHD, against full books of 31 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for MLPX (98.5% of the fund), and 25 for MLPX that do not appear in SCHD (72.7%).
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.
Top Shared Holdings
| Stock | Weight in MLPX | Weight in SCHD | Difference |
|---|---|---|---|
| OKEOneok Inc. | 6.88% | 1.36% | 5.52% |
You are not choosing between two funds in isolation.
Whichever of MLPX 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, MLPX or SCHD?
MLPX has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, MLPX or SCHD?
Over the past year MLPX returned +29.98% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), MLPX annualized +6.37% vs +10.50% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPX or SCHD?
MLPX has been the more volatile fund at 24.7% annualized versus 14.2% for SCHD. Worst drawdown: MLPX -77.5% vs SCHD -33.4%.
Should I hold both MLPX and SCHD?
MLPX and SCHD have a monthly-return correlation of 0.70, 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 MLPX and SCHD?
6.9% of MLPX's money is in holdings SCHD also owns. 1.4% of SCHD's is in holdings MLPX also owns. They hold 1 positions in common, counted across the 29 positions we hold weights for in MLPX and 100 in SCHD.
Which pays a higher dividend, MLPX or SCHD?
MLPX yields 4.04% while SCHD yields 3.13%, so MLPX currently pays the higher dividend yield.
Is SCHD better than MLPX?
SCHD has a lower expense ratio. MLPX led over 3Y and 5Y, SCHD over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 66.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.