MMID vs SCHD
MFS Active Mid Cap ETF vs Schwab US Dividend Equity ETF
Which is better, MMID or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. MMID is less concentrated, with 16.0% 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 | MMID | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $34M | $108.9B |
| Dividend Yield | 0.68% | 3.00% |
| Holdings | 106 | 206 |
| YTD Return | +3.80% | +20.67%Best |
| 1Y Return | +4.45% | +22.79%Best |
| 3Y Return (annualized) | - | +15.93% |
| 5Y Return (annualized) | - | +9.26% |
| Volatility (annualized) | 10.4%Best | 14.5% |
| Max Drawdown | -7.9% | -6.9%Best |
| $10,000 over 1 years | $10,510 | $12,397Best |
| Top 10 Weight | 16.0%Best | 41.8% |
| Fund Family | MFS Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Sep 24, 2025 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 24, 2025 to Oct 1, 2026 (1 years).
MMID 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 1 years both funds cover.
MMID vs SCHD Performance
MFS Active Mid Cap ETF (MMID) is an ETF from MFS Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MMID returned +4.45% while SCHD returned +22.79%. Year to date, MMID is up 3.80% versus a gain of 20.67% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 10.4% for MMID. 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 -7.9% for MMID and -6.9% 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MMID charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, MMID currently yields 0.68% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 104 holdings in MMID and 99 in SCHD, totalling 99.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 104 positions we hold weights for in MMID and 99 in SCHD, against full books of 106 and 206.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for MMID (99.9% of the fund), and 92 for MMID that do not appear in SCHD (88.5%).
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.
You are not choosing between two funds in isolation.
Whichever of MMID 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, MMID or SCHD?
MMID has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, MMID or SCHD?
Over the past year MMID returned +4.45% vs +22.79% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), MMID annualized +5.10% vs +23.97% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MMID or SCHD?
SCHD has been the more volatile fund at 14.5% annualized versus 10.4% for MMID. Worst drawdown: MMID -7.9% vs SCHD -6.9%.
Should I hold both MMID and SCHD?
MMID and SCHD have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MMID or SCHD?
MMID yields 0.68% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MMID?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. MMID is less concentrated, with 16.0% 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.