MSSS vs SCHD
Monarch Select Subsector Index ETF vs Schwab US Dividend Equity ETF
Which is better, MSSS or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 99.9%.
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 | MSSS | SCHD |
|---|---|---|
| Expense Ratio | 1.42% | 0.06%Best |
| AUM | $152M | $112.2B |
| Dividend Yield | 0.28% | 3.13% |
| Holdings | 12 | 103 |
| YTD Return | +16.52% | +26.13%Best |
| 1Y Return | +15.25% | +30.01%Best |
| 3Y Return (annualized) | - | +16.09% |
| 5Y Return (annualized) | - | +9.95% |
| Volatility (annualized) | 15.6% | 13.1%Best |
| Max Drawdown | -19.1% | -16.1%Best |
| $10,000 over 2.5 years | $14,087 | $14,349Best |
| Top 10 Weight | 99.9% | 41.5%Best |
| Fund Family | Monarch Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 12, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 7, 2024 to Sep 8, 2026 (2.5 years).
MSSS 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 2.5 years both funds cover.
MSSS vs SCHD Performance
Monarch Select Subsector Index ETF (MSSS) 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 MSSS returned +15.25% while SCHD returned +30.01%. Year to date, MSSS is up 16.52% versus a gain of 26.13% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MSSS has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -19.1% for MSSS 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MSSS charges 1.42% per year while SCHD charges 0.06%. On a $10,000 position that is $142 vs $6 annually, a gap of $136 per year that compounds over a long holding period. On income, MSSS currently yields 0.28% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 10 holdings in MSSS 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 10 positions we hold weights for in MSSS and 100 in SCHD, against full books of 12 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for MSSS (99.7% of the fund), and 10 for MSSS that do not appear in SCHD (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of MSSS 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, MSSS or SCHD?
MSSS has an expense ratio of 1.42% while SCHD charges 0.06%. SCHD is the cheaper option, by $136 a year on a $10,000 investment.
Which performed better, MSSS or SCHD?
Over the past year MSSS returned +15.25% vs +30.01% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MSSS or SCHD?
MSSS has been the more volatile fund at 15.6% annualized versus 13.1% for SCHD. Worst drawdown: MSSS -19.1% vs SCHD -16.1%.
Should I hold both MSSS and SCHD?
MSSS and SCHD have a monthly-return correlation of 0.66, 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, MSSS or SCHD?
MSSS yields 0.28% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MSSS?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 99.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.