MFSB vs SCHD
MFSB vs SCHD
MFS Active Core Plus Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. MFSB offers more diversification with 176 holdings.
Side-by-Side Comparison
| Metric | MFSB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.34% | 0.06% | |
| AUM | $527M | $103.7B | |
| Dividend Yield | 4.24% | 3.31% | |
| Holdings | 362 | 104 | |
| YTD Return | +0.24% | +24.08% | |
| 1Y Return | +2.75% | +31.88% | |
| 3Y Return (annualized) | - | +14.92% | |
| 5Y Return (annualized) | - | +9.85% | |
| Volatility (annualized) | 3.4% | 13.6% | |
| Max Drawdown | -3.2% | -33.4% | |
| Fund Family | MFS Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Dec 5, 2024 | Oct 20, 2011 |
MFSB vs SCHD Performance
MFS Active Core Plus Bond ETF (MFSB) is a ETF from MFS Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MFSB returned +2.75% while SCHD returned +31.88%. Year to date, MFSB is up 0.24% versus a gain of 24.08% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 3.4% for MFSB. 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 -3.2% for MFSB 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MFSB charges 0.34% per year while SCHD charges 0.06%. On a $10,000 position that is $34 vs $6 annually, a gap of $28 per year that compounds over a long holding period. On income, MFSB currently yields 4.24% against 3.31% for SCHD.
Holdings Overlap
MFSB and SCHD share 1 holdings out of 275 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MFSB | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXX | 3.21% | 0.04% | 3.17% |
Frequently Asked Questions
Which is cheaper, MFSB or SCHD?
MFSB has an expense ratio of 0.34% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, MFSB or SCHD?
Over the past year MFSB returned +2.75% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), MFSB annualized +3.29% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, MFSB or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 3.4% for MFSB. Worst drawdown: MFSB -3.2% vs SCHD -33.4%.
Should I hold both MFSB and SCHD?
MFSB and SCHD have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MFSB and SCHD?
MFSB and SCHD share 1 common holdings with a 0.0% weight overlap. Combined, they hold 275 unique securities.
Which pays a higher dividend, MFSB or SCHD?
MFSB yields 4.24% while SCHD yields 3.31%, so MFSB currently pays the higher dividend yield.
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