CNAV vs SCHD
Mohr Company Nav ETF vs Schwab US Dividend Equity ETF
Which is better, CNAV or SCHD?
Tactical Allocation against Large Cap Value.
SCHD has a lower expense ratio. CNAV led over 1Y and the full window. CNAV is less concentrated, with 40.9% of the fund in its ten largest positions against 41.6%.
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 | CNAV | SCHD |
|---|---|---|
| Expense Ratio | 1.31% | 0.06%Best |
| AUM | $57M | $111.6B |
| Dividend Yield | 0.00% | 3.24% |
| Holdings | 62 | 206 |
| YTD Return | +32.05%Best | +24.55% |
| 1Y Return | +34.95%Best | +29.85% |
| 3Y Return (annualized) | - | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 31.8% | 14.5%Best |
| Max Drawdown | -30.1% | -16.1%Best |
| $10,000 over 2 years | $16,456Best | $12,810 |
| Top 10 Weight | 40.9%Best | 41.6% |
| Fund Family | Mohr Funds | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Tactical Allocation | Large Cap Value |
| Inception | Oct 1, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Oct 14, 2026 (2 years).
CNAV 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 covers the 2 years both funds cover.
CNAV vs SCHD Performance
Mohr Company Nav ETF (CNAV) is an ETF from Mohr Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CNAV returned +34.95% while SCHD returned +29.85%. Year to date, CNAV is up 32.05% versus a gain of 24.55% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CNAV has been the more volatile fund, with annualized monthly volatility of 31.8% compared with 14.5% 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 -30.1% for CNAV and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.09. They move largely independently of each other.
Fees and Cost Over Time
CNAV charges 1.31% per year while SCHD charges 0.06%. On a $10,000 position that is $131 vs $6 annually, a gap of $125 per year that compounds over a long holding period. On income, CNAV currently yields 0.00% against 3.24% for SCHD.
Holdings Overlap
9.2% of CNAV's money is in holdings SCHD also owns. 4.8% of SCHD's money is in holdings CNAV also owns.
CNAV and SCHD share little of their money.
3 positions in common, counted across the 30 positions we hold weights for in CNAV and 98 in SCHD, against full books of 62 and 206.
What only one of them owns
Our book lists 94 positions for SCHD that do not appear in our book for CNAV (95.0% of the fund), and 26 for CNAV that do not appear in SCHD (87.8%).
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.
You are not choosing between two funds in isolation.
Whichever of CNAV 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, CNAV or SCHD?
CNAV has an expense ratio of 1.31% while SCHD charges 0.06%. SCHD is the cheaper option, by $125 a year on a $10,000 investment.
Which performed better, CNAV or SCHD?
Over the past year CNAV returned +34.95% vs +29.85% for SCHD, so CNAV leads on 1-year performance. Over the longest common window we track (2 years), CNAV annualized +28.28% vs +13.18% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CNAV or SCHD?
CNAV has been the more volatile fund at 31.8% annualized versus 14.5% for SCHD. Worst drawdown: CNAV -30.1% vs SCHD -16.1%.
Should I hold both CNAV and SCHD?
CNAV and SCHD have a monthly-return correlation of 0.09, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CNAV and SCHD?
9.2% of CNAV's money is in holdings SCHD also owns. 4.8% of SCHD's is in holdings CNAV also owns. They hold 3 positions in common, counted across the 30 positions we hold weights for in CNAV and 98 in SCHD.
Which pays a higher dividend, CNAV or SCHD?
CNAV yields 0.00% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CNAV?
SCHD has a lower expense ratio. CNAV led over 1Y and the full window. CNAV is less concentrated, with 40.9% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.