MUND vs SCHD
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | MUND | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $4M | $108.7B | |
| Dividend Yield | 3.24% | 3.13% | |
| Holdings | 99 | 104 | |
| YTD Return | +0.28% | +28.70% | |
| 1Y Return | +4.75% | +32.27% | |
| 3Y Return (annualized) | - | +17.27% | |
| 5Y Return (annualized) | - | +10.23% | |
| Volatility (annualized) | 4.3% | 13.7% | |
| Max Drawdown | -4.2% | -33.4% | |
| Fund Family | Northern Trust Asset Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 1, 2025 | Oct 20, 2011 |
MUND vs SCHD Performance
Northern Trust 2055 Tax-Exempt Distributing Ladder ETF (MUND) is a ETF from Northern Trust Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MUND returned +4.75% while SCHD returned +32.27%. Year to date, MUND is up 0.28% versus a gain of 28.70% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 4.3% 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 -4.2% for MUND and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
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 3.24% against 3.13% for SCHD.
Holdings Overlap
MUND and SCHD share 0 holdings out of 133 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $12 per year of difference.
Which performed better, MUND or SCHD?
Over the past year MUND returned +4.75% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), MUND annualized +4.51% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, MUND or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 4.3% for MUND. Worst drawdown: MUND -4.2% vs SCHD -33.4%.
Should I hold both MUND and SCHD?
MUND and SCHD have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MUND and SCHD?
MUND and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 133 unique securities.
Which pays a higher dividend, MUND or SCHD?
MUND yields 3.24% while SCHD yields 3.13%, so MUND currently pays the higher dividend yield.
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