MRNY vs SCHD
YieldMax MRNA Option Income Strategy ETF vs Schwab US Dividend Equity ETF
Which is better, MRNY or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. MRNY led over 1Y, SCHD over 3Y 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 | MRNY | SCHD |
|---|---|---|
| Expense Ratio | 1.00% | 0.06%Best |
| AUM | $140M | $112.1B |
| Dividend Yield | 45.54% | 3.00% |
| Holdings | 16 | 103 |
| YTD Return | +255.51%Best | +24.59% |
| 1Y Return | +307.13%Best | +28.14% |
| 3Y Return (annualized) | +5.10% | +15.58%Best |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 98.8% | 13.1%Best |
| Max Drawdown | -82.2% | -16.1%Best |
| $10,000 over 2.9 years | $11,552 | $16,344Best |
| Fund Family | YieldMax ETF | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Oct 23, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 24, 2023 to Sep 10, 2026 (2.9 years).
MRNY 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 2.9 years both funds cover.
MRNY vs SCHD Performance
YieldMax MRNA Option Income Strategy ETF (MRNY) is an ETF from YieldMax ETF and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MRNY returned +307.13% while SCHD returned +28.14%. Year to date, MRNY is up 255.51% versus a gain of 24.59% for SCHD.
Over three years, MRNY compounded at +5.10% per year against +15.58% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MRNY has been the more volatile fund, with annualized monthly volatility of 98.8% compared with 13.1% 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 -82.2% for MRNY 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 0.16. They move largely independently of each other.
Fees and Cost Over Time
MRNY charges 1.00% per year while SCHD charges 0.06%. On a $10,000 position that is $100 vs $6 annually, a gap of $94 per year that compounds over a long holding period. On income, MRNY currently yields 45.54% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1 holding in MRNY and 100 in SCHD, totalling 6.1% 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 1 positions we hold weights for in MRNY and 100 in SCHD, against full books of 16 and 103.
You are not choosing between two funds in isolation.
Whichever of MRNY 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, MRNY or SCHD?
MRNY has an expense ratio of 1.00% while SCHD charges 0.06%. SCHD is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, MRNY or SCHD?
Over the past year MRNY returned +307.13% vs +28.14% for SCHD, so MRNY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MRNY or SCHD?
MRNY has been the more volatile fund at 98.8% annualized versus 13.1% for SCHD. Worst drawdown: MRNY -82.2% vs SCHD -16.1%.
Should I hold both MRNY and SCHD?
MRNY and SCHD have a monthly-return correlation of 0.16, 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, MRNY or SCHD?
MRNY yields 45.54% while SCHD yields 3.00%, so MRNY currently pays the higher dividend yield.
Is SCHD better than MRNY?
SCHD has a lower expense ratio. MRNY led over 1Y, SCHD over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.