State Street SPDR S&P 1500 Momentum Tilt ETF (MMTM) 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 MMTM returned +14.78% while SCHD returned +30.42%. Year to date, MMTM is up 5.90% versus a gain of 23.31% for SCHD.

Over three years, MMTM compounded at +19.02% per year against +14.66% for SCHD; over five years the annualized figures are +11.81% and +9.59% respectively. Across the full 14-year window we track, MMTM has the edge at +13.14% annualized vs +11.34%. Past performance does not guarantee future results.

MMTM has been the more volatile fund, with annualized monthly volatility of 14.5% 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 -34.2% for MMTM 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 0.78. They usually move together, but the gap leaves some room for diversification.

MMTM charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, MMTM currently yields 0.86% against 3.31% for SCHD.