MDST vs SCHM
Westwood Salient Enhanced Midstream Income ETF vs Schwab US Mid Cap ETF
Which is better, MDST or SCHM?
MDST has been ahead.
SCHM has a lower expense ratio. MDST led over 1Y and the full window. SCHM is less concentrated, with 5.0% of the fund in its ten largest positions against 63.7%.
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 | MDST | SCHM |
|---|---|---|
| Expense Ratio | 0.80% | 0.03%Best |
| AUM | $305M | $14.6B |
| Dividend Yield | 10.69% | 1.31% |
| Holdings | 110 | 495 |
| YTD Return | +15.57%Best | +12.80% |
| 1Y Return | +21.87%Best | +16.12% |
| 3Y Return (annualized) | - | +16.61% |
| 5Y Return (annualized) | - | +6.70% |
| Volatility (annualized) | 11.9%Best | 14.8% |
| Max Drawdown | -14.2%Best | -23.3% |
| $10,000 over 2.5 years | $14,630Best | $13,142 |
| Top 10 Weight | 63.7% | 5.0%Best |
| Fund Family | Westwood Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Apr 8, 2024 | Jan 13, 2011 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 9, 2024 to Oct 14, 2026 (2.5 years).
MDST vs SCHM 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 2.5 years both funds cover.
MDST vs SCHM Performance
Westwood Salient Enhanced Midstream Income ETF (MDST) is an ETF from Westwood Funds and Schwab US Mid Cap ETF (SCHM) is an ETF from Charles Schwab Asset Management. Over the past year MDST returned +21.87% while SCHM returned +16.12%. Year to date, MDST is up 15.57% versus a gain of 12.80% for SCHM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHM has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 11.9% for MDST. 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 -14.2% for MDST and -23.3% for SCHM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MDST charges 0.80% per year while SCHM charges 0.03%. On a $10,000 position that is $80 vs $3 annually, a gap of $77 per year that compounds over a long holding period. On income, MDST currently yields 10.69% against 1.31% for SCHM.
Holdings Overlap
12.3% of MDST's money is in holdings SCHM also owns. 0.5% of SCHM's money is in holdings MDST also owns.
MDST and SCHM share little of their money.
3 positions in common, counted across the 25 positions we hold weights for in MDST and 502 in SCHM, against full books of 110 and 495.
What only one of them owns
Our book lists 491 positions for SCHM that do not appear in our book for MDST (98.1% of the fund), and 18 for MDST that do not appear in SCHM (65.6%).
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 MDST and SCHM 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, MDST or SCHM?
MDST has an expense ratio of 0.80% while SCHM charges 0.03%. SCHM is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, MDST or SCHM?
Over the past year MDST returned +21.87% vs +16.12% for SCHM, so MDST leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MDST or SCHM?
SCHM has been the more volatile fund at 14.8% annualized versus 11.9% for MDST. Worst drawdown: MDST -14.2% vs SCHM -23.3%.
Should I hold both MDST and SCHM?
MDST and SCHM have a monthly-return correlation of 0.50, 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 MDST and SCHM?
12.3% of MDST's money is in holdings SCHM also owns. 0.5% of SCHM's is in holdings MDST also owns. They hold 3 positions in common, counted across the 25 positions we hold weights for in MDST and 502 in SCHM.
Which pays a higher dividend, MDST or SCHM?
MDST yields 10.69% while SCHM yields 1.31%, so MDST currently pays the higher dividend yield.
Is SCHM better than MDST?
SCHM has a lower expense ratio. MDST led over 1Y and the full window. SCHM is less concentrated, with 5.0% of the fund in its ten largest positions against 63.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.