MODL vs SCHD

MODL vs SCHD

Which is better, MODL or SCHD?

Large Cap Blend against Large Cap Value.

SCHD has a lower expense ratio. MODL led over 3Y and the full window, SCHD over 1Y. MODL is less concentrated, with 34.1% of the fund in its ten largest positions against 41.8%.

Lower Fees: SCHDHigher Returns: splitLess Concentrated: MODL

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

MetricMODLSCHD
Expense Ratio0.46%0.06%Best
AUM$1.1B$112.1B
Dividend Yield0.66%3.00%
Holdings363103
YTD Return+9.46%+24.04%Best
1Y Return+13.71%+27.95%Best
3Y Return (annualized)+19.86%Best+15.51%
5Y Return (annualized)-+9.80%
Volatility (annualized)12.4%Best13.4%
Max Drawdown-17.6%-16.1%Best
$10,000 over 3.9 years$21,413Best$17,271
Top 10 Weight34.1%Best41.8%
Fund FamilyVictory Capital Management Inc.Charles Schwab Asset Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Value
InceptionOct 11, 2022Oct 20, 2011

Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 12, 2022 to Sep 16, 2026 (3.9 years).

MODL 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 3.9 years both funds cover.

MODL vs SCHD Performance

VictoryShares WestEnd US Sector ETF (MODL) is an ETF from Victory Capital Management Inc. and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MODL returned +13.71% while SCHD returned +27.95%. Year to date, MODL is up 9.46% versus a gain of 24.04% for SCHD.

Over three years, MODL compounded at +19.86% per year against +15.51% for SCHD. Across the full 4-year window we track, MODL has the edge at +21.56% annualized vs +15.04%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 12.4% for MODL. 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 -17.6% for MODL and -16.1% 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 0.54. They move together some of the time, and apart the rest.

Fees and Cost Over Time

MODL charges 0.46% per year while SCHD charges 0.06%. On a $10,000 position that is $46 vs $6 annually, a gap of $40 per year that compounds over a long holding period. On income, MODL currently yields 0.66% against 3.00% for SCHD.

Holdings Overlap

MODL already in SCHD6.1%
SCHD already in MODL51.1%

6.1% of MODL's money is in holdings SCHD also owns. 51.1% of SCHD's money is in holdings MODL also owns.

The two portfolios partly overlap.

22 positions in common, counted across the 361 positions we hold weights for in MODL and 100 in SCHD, against full books of 363 and 103.

What only one of them owns

Our book lists 77 positions for SCHD that do not appear in our book for MODL (48.9% of the fund), and 326 for MODL that do not appear in SCHD (91.9%).

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

StockWeight in MODLWeight in SCHDDifference
AMGNAmgen Inc.1.39%4.70%3.31%
MRKMerck & Company Inc0.78%4.77%3.99%
ABTAbbott Laboratories0.39%4.69%4.30%
UNHUnitedhealth Group Incorporated0.75%3.82%3.07%
VZVerizon Communic0.33%3.97%3.64%
HDHome Depot Inc/The0.27%3.88%3.61%
BMYBristol-Myers Squibb Co.0.29%3.33%3.04%
TXNTexas Instrument Inc0.29%3.13%2.84%
ACNAccenture Plc0.14%2.84%2.70%
BXBlackstone Group Inc. Class A0.24%2.59%2.35%

51.1% of SCHD is already inside MODL.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

MODLSCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, MODL or SCHD?

MODL has an expense ratio of 0.46% while SCHD charges 0.06%. SCHD is the cheaper option, by $40 a year on a $10,000 investment.

Which performed better, MODL or SCHD?

Over the past year MODL returned +13.71% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), MODL annualized +21.56% vs +15.04% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MODL or SCHD?

SCHD has been the more volatile fund at 13.4% annualized versus 12.4% for MODL. Worst drawdown: MODL -17.6% vs SCHD -16.1%.

Should I hold both MODL and SCHD?

MODL and SCHD have a monthly-return correlation of 0.54, 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 MODL and SCHD?

51.1% of SCHD's money is in holdings MODL also owns. 51.1% of SCHD's is in holdings MODL also owns. They hold 22 positions in common, counted across the 361 positions we hold weights for in MODL and 100 in SCHD.

Which pays a higher dividend, MODL or SCHD?

MODL yields 0.66% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.

Is SCHD better than MODL?

SCHD has a lower expense ratio. MODL led over 3Y and the full window, SCHD over 1Y. MODL is less concentrated, with 34.1% 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.