MUND vs SCHD
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF vs Schwab US Dividend Equity ETF
Which is better, MUND or SCHD?
Long Term Municipal Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | MUND | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $4M | $112.1B |
| Dividend Yield | 3.61% | 3.00% |
| Holdings | 99 | 103 |
| YTD Return | -2.37% | +25.88%Best |
| 1Y Return | -0.94% | +30.22%Best |
| 3Y Return (annualized) | - | +16.05% |
| 5Y Return (annualized) | - | +10.17% |
| Volatility (annualized) | 4.9%Best | 13.0% |
| Max Drawdown | -5.6% | -4.6%Best |
| $10,000 over 1.1 years | $10,182 | $13,062Best |
| Fund Family | Northern Trust Asset Management | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Long Term Municipal Bond | Large Cap Value |
| Inception | Mar 1, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 19, 2025 to Sep 14, 2026 (1.1 years).
MUND 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 1.1 years both funds cover.
MUND vs SCHD Performance
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) is an ETF from Northern Trust Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MUND returned -0.94% while SCHD returned +30.22%. Year to date, MUND is down 2.37% versus a gain of 25.88% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 4.9% for MUND. 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 -5.6% for MUND and -4.6% 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 0.13. They move largely independently of each other.
Fees and Cost Over Time
MUND 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, MUND currently yields 3.61% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 33 holdings in MUND and 100 in SCHD, totalling 26.2% 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 33 positions we hold weights for in MUND and 100 in SCHD, against full books of 99 and 103.
You are not choosing between two funds in isolation.
Whichever of MUND 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, MUND or SCHD?
MUND has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, MUND or SCHD?
Over the past year MUND returned -0.94% vs +30.22% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), MUND annualized +1.65% vs +27.49% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MUND or SCHD?
SCHD has been the more volatile fund at 13.0% annualized versus 4.9% for MUND. Worst drawdown: MUND -5.6% vs SCHD -4.6%.
Should I hold both MUND and SCHD?
MUND and SCHD have a monthly-return correlation of 0.13, 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, MUND or SCHD?
MUND yields 3.61% while SCHD yields 3.00%, so MUND currently pays the higher dividend yield.
Is SCHD better than MUND?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.