MPRO vs SCHD
Monarch ProCap Index ETF vs Schwab US Dividend Equity ETF
Which is better, MPRO or SCHD?
Allocation/Balanced against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | MPRO | SCHD |
|---|---|---|
| Expense Ratio | 1.03% | 0.06%Best |
| AUM | $254M | $112.1B |
| Dividend Yield | 1.95% | 3.00% |
| Holdings | 8 | 103 |
| YTD Return | +4.25% | +25.88%Best |
| 1Y Return | +4.87% | +30.22%Best |
| 3Y Return (annualized) | +9.41% | +16.05%Best |
| 5Y Return (annualized) | +4.88% | +10.17%Best |
| Volatility (annualized) | 9.7%Best | 14.3% |
| Max Drawdown | -14.5%Best | -16.9% |
| $10,000 over 5 years | $12,690 | $16,230Best |
| Top 10 Weight | - | 41.8% |
| Fund Family | Monarch Funds | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Mar 23, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 24, 2021 to Sep 14, 2026 (5.5 years).
MPRO 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 5.5 years both funds cover.
MPRO vs SCHD Performance
Monarch ProCap Index ETF (MPRO) is an ETF from Monarch Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MPRO returned +4.87% while SCHD returned +30.22%. Year to date, MPRO is up 4.25% versus a gain of 25.88% for SCHD.
Over three years, MPRO compounded at +9.41% per year against +16.05% for SCHD; over five years the annualized figures are +4.88% and +10.17% respectively. Across the full 6-year window we track, SCHD has the edge at +10.70% annualized vs +5.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 9.7% for MPRO. 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 -14.5% for MPRO and -16.9% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MPRO charges 1.03% per year while SCHD charges 0.06%. On a $10,000 position that is $103 vs $6 annually, a gap of $97 per year that compounds over a long holding period. On income, MPRO currently yields 1.95% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 9 holdings in MPRO and 100 in SCHD, totalling 99.9% 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 9 positions we hold weights for in MPRO and 100 in SCHD, against full books of 8 and 103.
What only one of them owns
Measured across the 9 and 100 positions we hold weights for.
SCHD holds 99 positions MPRO does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of MPRO 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, MPRO or SCHD?
MPRO has an expense ratio of 1.03% while SCHD charges 0.06%. SCHD is the cheaper option, by $97 a year on a $10,000 investment.
Which performed better, MPRO or SCHD?
Over the past year MPRO returned +4.87% vs +30.22% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), MPRO annualized +5.93% vs +10.70% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MPRO or SCHD?
SCHD has been the more volatile fund at 14.3% annualized versus 9.7% for MPRO. Worst drawdown: MPRO -14.5% vs SCHD -16.9%.
Should I hold both MPRO and SCHD?
MPRO and SCHD have a monthly-return correlation of 0.79, 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, MPRO or SCHD?
MPRO yields 1.95% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MPRO?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.