MMK vs SCHD
State Street Prime Money Market ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | MMK | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $29M | $108.7B | |
| Dividend Yield | 1.37% | 3.13% | |
| Holdings | 0 | 104 | |
| YTD Return | +1.89% | +28.63% | |
| 1Y Return | - | +32.53% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +10.47% | |
| Volatility (annualized) | - | 13.7% | |
| Max Drawdown | -0.0% | -33.4% | |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management | |
| Category | Money Market | Equity | |
| Inception | Feb 10, 2026 | Oct 20, 2011 |
MMK vs SCHD Performance
State Street Prime Money Market ETF (MMK) is a ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, MMK is up 1.89% versus a gain of 28.63% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -0.0% for MMK and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
MMK charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, MMK currently yields 1.37% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, MMK or SCHD?
MMK has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which pays a higher dividend, MMK or SCHD?
MMK yields 1.37% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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