MGF vs SCHD
MGF vs SCHD
Aberdeen Government Markets Income Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD delivered stronger 1-year returns. MGF offers more diversification with 178 holdings.
Side-by-Side Comparison
| Metric | MGF | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.06% | |
| AUM | $99M | $103.7B | |
| Dividend Yield | 7.50% | 3.31% | |
| Holdings | 456 | 104 | |
| YTD Return | -1.94% | +23.31% | |
| 1Y Return | -1.27% | +30.42% | |
| 3Y Return (annualized) | +3.71% | +14.66% | |
| 5Y Return (annualized) | -1.30% | +9.59% | |
| Volatility (annualized) | 8.1% | 13.6% | |
| Max Drawdown | -55.5% | -33.4% | |
| Fund Family | Aberdeen Asset Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | May 28, 1987 | Oct 20, 2011 |
MGF vs SCHD Performance
Aberdeen Government Markets Income Fund (MGF) is a ETF from Aberdeen Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MGF returned -1.27% while SCHD returned +30.42%. Year to date, MGF is down 1.94% versus a gain of 23.31% for SCHD.
Over three years, MGF compounded at +3.71% per year against +14.66% for SCHD; over five years the annualized figures are -1.30% and +9.59% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs -1.30%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.1% for MGF. 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 -55.5% for MGF 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
MGF and SCHD share 0 holdings out of 278 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, MGF or SCHD?
Over the past year MGF returned -1.27% vs +30.42% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), MGF annualized -1.30% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, MGF or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 8.1% for MGF. Worst drawdown: MGF -55.5% vs SCHD -33.4%.
Should I hold both MGF and SCHD?
MGF and SCHD have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MGF and SCHD?
MGF and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 278 unique securities.
Which pays a higher dividend, MGF or SCHD?
MGF yields 7.50% while SCHD yields 3.31%, so MGF currently pays the higher dividend yield.
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