MVPL vs SCHD
Miller Value Partners Leverage ETF vs Schwab US Dividend Equity ETF
Which is better, MVPL or SCHD?
Leverage Strategy against Large Cap Value.
SCHD has a lower expense ratio. MVPL led over the full window, SCHD over 1Y.
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 | MVPL | SCHD |
|---|---|---|
| Expense Ratio | 1.72% | 0.06%Best |
| AUM | $32M | $112.1B |
| Dividend Yield | 0.90% | 3.00% |
| Holdings | 2 | 103 |
| YTD Return | +20.08% | +24.23%Best |
| 1Y Return | +23.79% | +27.90%Best |
| 3Y Return (annualized) | - | +15.55% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 21.4% | 13.2%Best |
| Max Drawdown | -25.7% | -16.1%Best |
| $10,000 over 2.6 years | $18,953Best | $14,486 |
| Fund Family | Miller Value Funds | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Value |
| Inception | Feb 28, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 28, 2024 to Sep 17, 2026 (2.6 years).
MVPL 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.
MVPL vs SCHD Performance
Miller Value Partners Leverage ETF (MVPL) 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 MVPL returned +23.79% while SCHD returned +27.90%. Year to date, MVPL is up 20.08% versus a gain of 24.23% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MVPL has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 13.2% 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 -25.7% for MVPL 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 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MVPL charges 1.72% per year while SCHD charges 0.06%. On a $10,000 position that is $172 vs $6 annually, a gap of $166 per year that compounds over a long holding period. On income, MVPL currently yields 0.90% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1 holding in MVPL and 100 in SCHD, totalling 100.0% 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 1 positions we hold weights for in MVPL and 100 in SCHD, against full books of 2 and 103.
You are not choosing between two funds in isolation.
Whichever of MVPL 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, MVPL or SCHD?
MVPL has an expense ratio of 1.72% while SCHD charges 0.06%. SCHD is the cheaper option, by $166 a year on a $10,000 investment.
Which performed better, MVPL or SCHD?
Over the past year MVPL returned +23.79% vs +27.90% 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, MVPL or SCHD?
MVPL has been the more volatile fund at 21.4% annualized versus 13.2% for SCHD. Worst drawdown: MVPL -25.7% vs SCHD -16.1%.
Should I hold both MVPL and SCHD?
MVPL and SCHD have a monthly-return correlation of 0.41, 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, MVPL or SCHD?
MVPL yields 0.90% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MVPL?
SCHD has a lower expense ratio. MVPL led over the full window, SCHD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.