MYMG vs SCHD
State Street My2027 Municipal Bond ETF 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 | MYMG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.06% | |
| AUM | $9M | $103.7B | |
| Dividend Yield | 2.88% | 3.31% | |
| Holdings | 82 | 104 | |
| YTD Return | +0.96% | +26.21% | |
| 1Y Return | +2.32% | +29.99% | |
| 3Y Return (annualized) | - | +15.73% | |
| 5Y Return (annualized) | - | +9.67% | |
| Volatility (annualized) | 1.6% | 13.6% | |
| Max Drawdown | -2.3% | -33.4% | |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management | |
| Category | Tax Preferred | Equity | |
| Inception | Sep 23, 2024 | Oct 20, 2011 |
MYMG vs SCHD Performance
State Street My2027 Municipal Bond ETF (MYMG) is a ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MYMG returned +2.32% while SCHD returned +29.99%. Year to date, MYMG is up 0.96% versus a gain of 26.21% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.6% for MYMG. 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 -2.3% for MYMG 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MYMG charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, MYMG currently yields 2.88% against 3.31% for SCHD.
Holdings Overlap
MYMG and SCHD share 0 holdings out of 164 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, MYMG or SCHD?
MYMG has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, MYMG or SCHD?
Over the past year MYMG returned +2.32% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), MYMG annualized +1.99% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, MYMG or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 1.6% for MYMG. Worst drawdown: MYMG -2.3% vs SCHD -33.4%.
Should I hold both MYMG and SCHD?
MYMG and SCHD have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MYMG and SCHD?
MYMG and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 164 unique securities.
Which pays a higher dividend, MYMG or SCHD?
MYMG yields 2.88% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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