RNMN vs SCHD
RiverNorth Market Neutral ETF vs Schwab US Dividend Equity ETF
Which is better, RNMN or SCHD?
Small Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y. RNMN is less concentrated, with 23.8% of the fund in its ten largest positions against 41.8%.
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 | RNMN | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $7M | $112.1B |
| Dividend Yield | 9.66% | 3.00% |
| Holdings | 177 | 103 |
| YTD Return | -0.04% | +20.41%Best |
| 1Y Return | - | +24.48% |
| 3Y Return (annualized) | - | +15.88% |
| 5Y Return (annualized) | - | +9.16% |
| Top 10 Weight | 23.8%Best | 41.8% |
| Fund Family | TrueShares | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Value |
| Inception | Jul 11, 2022 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
RNMN 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
RNMN vs SCHD Performance
RiverNorth Market Neutral ETF (RNMN) is an ETF from TrueShares and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, RNMN is down 0.04% versus a gain of 20.41% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
RNMN charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, RNMN currently yields 9.66% against 3.00% for SCHD.
Holdings Overlap
4.9% of RNMN's money is in holdings SCHD also owns. 0.1% of SCHD's money is in holdings RNMN also owns.
RNMN and SCHD share little of their money.
1 positions in common, counted across the 90 positions we hold weights for in RNMN and 100 in SCHD, against full books of 177 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for RNMN (99.9% of the fund), and 56 for RNMN that do not appear in SCHD (57.9%).
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.
Top Shared Holdings
| Stock | Weight in RNMN | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXXState Street Institutional US Government Money Market Fund | 4.94% | 0.06% | 4.88% |
You are not choosing between two funds in isolation.
Whichever of RNMN 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, RNMN or SCHD?
RNMN has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option, by $53 a year on a $10,000 investment.
What is the holdings overlap between RNMN and SCHD?
4.9% of RNMN's money is in holdings SCHD also owns. 0.1% of SCHD's is in holdings RNMN also owns. They hold 1 positions in common, counted across the 90 positions we hold weights for in RNMN and 100 in SCHD.
Which pays a higher dividend, RNMN or SCHD?
RNMN yields 9.66% while SCHD yields 3.00%, so RNMN currently pays the higher dividend yield.
Is SCHD better than RNMN?
SCHD has a lower expense ratio. SCHD led over 1Y. RNMN is less concentrated, with 23.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.