MXE vs SCHD
Mexico Equity and Income Fund, Inc 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 100 holdings.
Side-by-Side Comparison
| Metric | MXE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 2.32% | 0.06% | |
| AUM | $72M | $103.7B | |
| Dividend Yield | 1.44% | 3.31% | |
| Holdings | 30 | 104 | |
| YTD Return | +8.39% | +24.26% | |
| 1Y Return | +26.11% | +31.38% | |
| 3Y Return (annualized) | +12.43% | +15.08% | |
| 5Y Return (annualized) | +3.99% | +9.72% | |
| Volatility (annualized) | 23.6% | 13.6% | |
| Max Drawdown | -58.9% | -33.4% | |
| Fund Family | The Mexico Equity and Income Fund, Inc. | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Aug 15, 1990 | Oct 20, 2011 |
MXE vs SCHD Performance
Mexico Equity and Income Fund, Inc (MXE) is a ETF from The Mexico Equity and Income Fund, Inc. and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MXE returned +26.11% while SCHD returned +31.38%. Year to date, MXE is up 8.39% versus a gain of 24.26% for SCHD.
Over three years, MXE compounded at +12.43% per year against +15.08% for SCHD; over five years the annualized figures are +3.99% and +9.72% respectively. Across the full 13-year window we track, SCHD has the edge at +11.39% annualized vs +1.66%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MXE has been the more volatile fund, with annualized monthly volatility of 23.6% 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 -58.9% for MXE 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MXE charges 2.32% per year while SCHD charges 0.06%. On a $10,000 position that is $232 vs $6 annually, a gap of $226 per year that compounds over a long holding period. On income, MXE currently yields 1.44% against 3.31% for SCHD.
Holdings Overlap
MXE and SCHD share 0 holdings out of 128 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, MXE or SCHD?
MXE has an expense ratio of 2.32% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $226 per year of difference.
Which performed better, MXE or SCHD?
Over the past year MXE returned +26.11% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), MXE annualized +1.66% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, MXE or SCHD?
MXE has been the more volatile fund at 23.6% annualized versus 13.6% for SCHD. Worst drawdown: MXE -58.9% vs SCHD -33.4%.
Should I hold both MXE and SCHD?
MXE and SCHD have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MXE and SCHD?
MXE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 128 unique securities.
Which pays a higher dividend, MXE or SCHD?
MXE yields 1.44% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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