MXE vs SCHD
Mexico Equity and Income Fund, Inc vs Schwab US Dividend Equity ETF
Which is better, MXE or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 58.6%.
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 | MXE | SCHD |
|---|---|---|
| Expense Ratio | 2.32% | 0.06%Best |
| AUM | $73M | $112.2B |
| Dividend Yield | 1.43% | 3.13% |
| Holdings | 30 | 103 |
| YTD Return | +8.52% | +27.56%Best |
| 1Y Return | +23.29% | +30.29%Best |
| 3Y Return (annualized) | +14.01% | +16.37%Best |
| 5Y Return (annualized) | +3.41% | +10.23%Best |
| Volatility (annualized) | 23.5% | 14.1%Best |
| Max Drawdown | -58.9% | -33.4%Best |
| $10,000 over 5 years | $11,825 | $16,274Best |
| Top 10 Weight | 58.6% | 41.5%Best |
| Fund Family | The Mexico Equity and Income Fund, Inc. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 15, 1990 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 25, 2013 to Sep 4, 2026 (13.4 years).
MXE 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 13.4 years both funds cover.
MXE vs SCHD Performance
Mexico Equity and Income Fund, Inc (MXE) is an ETF from The Mexico Equity and Income Fund, Inc. and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MXE returned +23.29% while SCHD returned +30.29%. Year to date, MXE is up 8.52% versus a gain of 27.56% for SCHD.
Over three years, MXE compounded at +14.01% per year against +16.37% for SCHD; over five years the annualized figures are +3.41% and +10.23% respectively. Across the full 13-year window we track, SCHD has the edge at +10.93% 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 23.5% compared with 14.1% 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 what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
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 1.43% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 28 holdings in MXE and 100 in SCHD, totalling 98.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 188 days apart, MXE as of Jan 31, 2026 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 28 positions we hold weights for in MXE and 100 in SCHD, against full books of 30 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for MXE (99.9% of the fund), and 1 for MXE that do not appear in SCHD (0.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of MXE 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, MXE or SCHD?
MXE has an expense ratio of 2.32% while SCHD charges 0.06%. SCHD is the cheaper option, by $226 a year on a $10,000 investment.
Which performed better, MXE or SCHD?
Over the past year MXE returned +23.29% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), MXE annualized +1.66% vs +10.93% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MXE or SCHD?
MXE has been the more volatile fund at 23.5% annualized versus 14.1% 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 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, MXE or SCHD?
MXE yields 1.43% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MXE?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 58.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.