MVLL vs SCHD

Quick Verdict

SCHD has a lower expense ratio. MVLL delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: MVLLMore Diversified: SCHD

Side-by-Side Comparison

MetricMVLLSCHDWinner
Expense Ratio1.50%0.06%
AUM$224M$103.7B
Dividend Yield0.00%3.31%
Holdings2104
YTD Return+251.70%+26.21%
1Y Return+258.69%+29.99%
3Y Return (annualized)-+15.73%
5Y Return (annualized)-+9.67%
Volatility (annualized)187.3%13.6%
Max Drawdown-78.9%-33.4%
Fund FamilyGraniteSharesCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionMar 3, 2025Oct 20, 2011

MVLL vs SCHD Performance

GraniteShares 2x Long MRVL Daily ETF (MVLL) is a ETF from GraniteShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MVLL returned +258.69% while SCHD returned +29.99%. Year to date, MVLL is up 251.70% versus a gain of 26.21% for SCHD.

Risk: Volatility and Drawdowns

MVLL has been the more volatile fund, with annualized monthly volatility of 187.3% compared with 13.6% 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 -78.9% for MVLL 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 -0.13. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MVLL charges 1.50% per year while SCHD charges 0.06%. On a $10,000 position that is $150 vs $6 annually, a gap of $144 per year that compounds over a long holding period. On income, MVLL currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

MVLL and SCHD share 0 holdings out of 101 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, MVLL or SCHD?

MVLL has an expense ratio of 1.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $144 per year of difference.

Which performed better, MVLL or SCHD?

Over the past year MVLL returned +258.69% vs +29.99% for SCHD, so MVLL leads on 1-year performance. Over the longest common window we track (1 years), MVLL annualized +138.54% vs +11.50% for SCHD. Past performance does not guarantee future results.

Which is riskier, MVLL or SCHD?

MVLL has been the more volatile fund at 187.3% annualized versus 13.6% for SCHD. Worst drawdown: MVLL -78.9% vs SCHD -33.4%.

Should I hold both MVLL and SCHD?

MVLL and SCHD have a monthly-return correlation of -0.13, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MVLL and SCHD?

MVLL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, MVLL or SCHD?

MVLL yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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