MVPA vs SCHD
Miller Value Partners Appreciation ETF vs Schwab US Dividend Equity ETF
Which is better, MVPA or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. MVPA led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 48.4%.
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 | MVPA | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $73M | $112.1B |
| Dividend Yield | 0.50% | 3.00% |
| Holdings | 38 | 103 |
| YTD Return | +8.38% | +25.84%Best |
| 1Y Return | +1.76% | +30.18%Best |
| 3Y Return (annualized) | - | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 21.3% | 12.9%Best |
| Max Drawdown | -25.9% | -16.1%Best |
| $10,000 over 2.6 years | $14,851Best | $14,749 |
| Top 10 Weight | 48.4% | 41.8%Best |
| Fund Family | Miller Value Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 30, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 31, 2024 to Sep 15, 2026 (2.6 years).
MVPA 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 2.6 years both funds cover.
MVPA vs SCHD Performance
Miller Value Partners Appreciation ETF (MVPA) is an ETF from Miller Value Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MVPA returned +1.76% while SCHD returned +30.18%. Year to date, MVPA is up 8.38% versus a gain of 25.84% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPA has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 12.9% 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 -25.9% for MVPA 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MVPA charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, MVPA currently yields 0.50% against 3.00% for SCHD.
Holdings Overlap
4.1% of MVPA's money is in holdings SCHD also owns. 1.9% of SCHD's money is in holdings MVPA also owns.
MVPA and SCHD share little of their money.
1 positions in common, counted across the 36 positions we hold weights for in MVPA and 100 in SCHD, against full books of 38 and 103.
What only one of them owns
Measured across the 36 and 100 positions we hold weights for.
SCHD holds 98 positions MVPA does not, 98.0% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
Top Shared Holdings
| Stock | Weight in MVPA | Weight in SCHD | Difference |
|---|---|---|---|
| UPSUnited Parcel Service, Inc | 4.11% | 1.90% | 2.21% |
You are not choosing between two funds in isolation.
Whichever of MVPA 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, MVPA or SCHD?
MVPA has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, MVPA or SCHD?
Over the past year MVPA returned +1.76% vs +30.18% 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, MVPA or SCHD?
MVPA has been the more volatile fund at 21.3% annualized versus 12.9% for SCHD. Worst drawdown: MVPA -25.9% vs SCHD -16.1%.
Should I hold both MVPA and SCHD?
MVPA and SCHD have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MVPA and SCHD?
4.1% of MVPA's money is in holdings SCHD also owns. 1.9% of SCHD's is in holdings MVPA also owns. They hold 1 positions in common, counted across the 36 positions we hold weights for in MVPA and 100 in SCHD.
Which pays a higher dividend, MVPA or SCHD?
MVPA yields 0.50% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MVPA?
SCHD has a lower expense ratio. MVPA led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 48.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.