SCHD vs XMPT
Schwab US Dividend Equity ETF vs VanEck CEF Municipal Income ETF
Which is better, SCHD or XMPT?
Large Cap Value against Municipal Bond.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.5%.
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 | SCHD | XMPT |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.97% |
| AUM | $112.1B | $219M |
| Dividend Yield | 3.00% | 6.45% |
| Holdings | 103 | 39 |
| YTD Return | +24.23%Best | -6.72% |
| 1Y Return | +27.90%Best | -5.36% |
| 3Y Return (annualized) | +15.55%Best | +5.23% |
| 5Y Return (annualized) | +9.97%Best | -3.69% |
| Volatility (annualized) | 13.6%Best | 42.4% |
| Max Drawdown | -33.4%Best | -56.3% |
| $10,000 over 5 years | $16,083Best | $8,286 |
| Top 10 Weight | 41.8%Best | 59.5% |
| Fund Family | Charles Schwab Asset Management | VanEck |
| Category | Equity | Tax Preferred |
| Style | Large Cap Value | Municipal Bond |
| Inception | Oct 20, 2011 | Jul 12, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 17, 2026 (14.9 years).
SCHD vs XMPT 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 14.9 years both funds cover.
SCHD vs XMPT Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and VanEck CEF Municipal Income ETF (XMPT) is an ETF from VanEck. Over the past year SCHD returned +27.90% while XMPT returned -5.36%. Year to date, SCHD is up 24.23% versus a loss of 6.72% for XMPT.
Over three years, SCHD compounded at +15.55% per year against +5.23% for XMPT; over five years the annualized figures are +9.97% and -3.69% respectively. Across the full 15-year window we track, SCHD has the edge at +11.30% annualized vs +3.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMPT has been the more volatile fund, with annualized monthly volatility of 42.4% 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 -33.4% for SCHD and -56.3% for XMPT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.03. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while XMPT charges 1.97%. On a $10,000 position that is $6 vs $197 annually, a gap of $191 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 6.45% for XMPT.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 37 in XMPT, totalling 100.0% and 100.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 37 in XMPT, against full books of 103 and 39.
What only one of them owns
Measured across the 100 and 37 positions we hold weights for.
SCHD holds 99 positions XMPT does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of SCHD and XMPT 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, SCHD or XMPT?
SCHD has an expense ratio of 0.06% while XMPT charges 1.97%. SCHD is the cheaper option, by $191 a year on a $10,000 investment.
Which performed better, SCHD or XMPT?
Over the past year SCHD returned +27.90% vs -5.36% for XMPT, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.30% vs +3.22% for XMPT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XMPT?
XMPT has been the more volatile fund at 42.4% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs XMPT -56.3%.
Should I hold both SCHD and XMPT?
SCHD and XMPT have a monthly-return correlation of 0.03, 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, SCHD or XMPT?
SCHD yields 3.00% while XMPT yields 6.45%, so XMPT currently pays the higher dividend yield.
Is XMPT better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.