MYMK vs SCHD
State Street My2031 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 103 holdings.
Side-by-Side Comparison
| Metric | MYMK | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.06% | |
| AUM | $11M | $112.2B | |
| Dividend Yield | 2.07% | 3.13% | |
| Holdings | 84 | 103 | |
| YTD Return | +0.10% | +27.60% | |
| 1Y Return | +0.91% | +29.63% | |
| 3Y Return (annualized) | - | +16.43% | |
| 5Y Return (annualized) | - | +10.05% | |
| Volatility (annualized) | 3.1% | 13.6% | |
| Max Drawdown | -2.2% | -33.4% | |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 16, 2025 | Oct 20, 2011 |
MYMK vs SCHD Performance
State Street My2031 Municipal Bond ETF (MYMK) 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 MYMK returned +0.91% while SCHD returned +29.63%. Year to date, MYMK is up 0.10% versus a gain of 27.60% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 3.1% for MYMK. 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 -2.2% for MYMK 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MYMK 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, MYMK currently yields 2.07% against 3.13% for SCHD.
Holdings Overlap
MYMK and SCHD share 0 holdings out of 101 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, MYMK or SCHD?
MYMK 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, MYMK or SCHD?
Over the past year MYMK returned +0.91% vs +29.63% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
Which is riskier, MYMK or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 3.1% for MYMK. Worst drawdown: MYMK -2.2% vs SCHD -33.4%.
Should I hold both MYMK and SCHD?
MYMK and SCHD have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MYMK and SCHD?
MYMK and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, MYMK or SCHD?
MYMK yields 2.07% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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