MLPX vs SCHD
Global X MLP & Energy Infrastructure ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | MLPX | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.06% | |
| AUM | $3.6B | $103.7B | |
| Dividend Yield | 4.13% | 3.31% | |
| Holdings | 30 | 104 | |
| YTD Return | +24.17% | +25.58% | |
| 1Y Return | +27.97% | +31.06% | |
| 3Y Return (annualized) | +25.87% | +15.55% | |
| 5Y Return (annualized) | +22.35% | +9.61% | |
| Volatility (annualized) | 24.7% | 13.6% | |
| Max Drawdown | -77.5% | -33.4% | |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Aug 6, 2013 | Oct 20, 2011 |
MLPX vs SCHD Performance
Global X MLP & Energy Infrastructure ETF (MLPX) 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 MLPX returned +27.97% while SCHD returned +31.06%. Year to date, MLPX is up 24.17% versus a gain of 25.58% for SCHD.
Over three years, MLPX compounded at +25.87% per year against +15.55% for SCHD; over five years the annualized figures are +22.35% and +9.61% respectively. Across the full 13-year window we track, SCHD has the edge at +11.46% annualized vs +6.18%. 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 13.6% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 4.13% against 3.31% for SCHD.
Holdings Overlap
MLPX and SCHD share 1 holdings out of 127 unique holdings combined, representing a 1.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MLPX | Weight in SCHD | Difference |
|---|---|---|---|
| OKE | 6.74% | 1.50% | 5.24% |
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. On a $10,000 investment, that is $39 per year of difference.
Which performed better, MLPX or SCHD?
Over the past year MLPX returned +27.97% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), MLPX annualized +6.18% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, MLPX or SCHD?
MLPX has been the more volatile fund at 24.7% annualized versus 13.6% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MLPX and SCHD?
MLPX and SCHD share 1 common holdings with a 1.5% weight overlap. Combined, they hold 127 unique securities.
Which pays a higher dividend, MLPX or SCHD?
MLPX yields 4.13% while SCHD yields 3.31%, so MLPX currently pays the higher dividend yield.
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