MORT vs SCHD
VanEck Mortgage REIT Income ETF vs Schwab US Dividend Equity ETF
Which is better, MORT or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 71.5%.
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 | MORT | SCHD |
|---|---|---|
| Expense Ratio | 0.43% | 0.06%Best |
| AUM | $312M | $111.6B |
| Dividend Yield | 17.67% | 3.24% |
| Holdings | 50 | 206 |
| YTD Return | -20.28% | +24.55%Best |
| 1Y Return | -15.77% | +29.85%Best |
| 3Y Return (annualized) | +1.38% | +16.64%Best |
| 5Y Return (annualized) | -6.18% | +9.54%Best |
| Volatility (annualized) | 24.3% | 13.7%Best |
| Max Drawdown | -75.0% | -33.4%Best |
| $10,000 over 5 years | $7,269 | $15,771Best |
| Top 10 Weight | 71.5% | 41.6%Best |
| Fund Family | VanEck | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Aug 16, 2011 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Oct 14, 2026 (15 years).
MORT 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 15 years both funds cover.
MORT vs SCHD Performance
VanEck Mortgage REIT Income ETF (MORT) is an ETF from VanEck and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MORT returned -15.77% while SCHD returned +29.85%. Year to date, MORT is down 20.28% versus a gain of 24.55% for SCHD.
Over three years, MORT compounded at +1.38% per year against +16.64% for SCHD; over five years the annualized figures are -6.18% and +9.54% respectively. Across the full 15-year window we track, SCHD has the edge at +11.26% annualized vs -2.64%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MORT has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 13.7% 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 -75.0% for MORT and -33.4% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MORT charges 0.43% per year while SCHD charges 0.06%. On a $10,000 position that is $43 vs $6 annually, a gap of $37 per year that compounds over a long holding period. On income, MORT currently yields 17.67% against 3.24% for SCHD.
Holdings Overlap
We hold position weights for 25 holdings in MORT and 98 in SCHD, totalling 99.7% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 25 positions we hold weights for in MORT and 98 in SCHD, against full books of 50 and 206.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for MORT (99.8% of the fund), and 25 for MORT that do not appear in SCHD (99.7%).
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 MORT 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, MORT or SCHD?
MORT has an expense ratio of 0.43% while SCHD charges 0.06%. SCHD is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, MORT or SCHD?
Over the past year MORT returned -15.77% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), MORT annualized -2.64% vs +11.26% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MORT or SCHD?
MORT has been the more volatile fund at 24.3% annualized versus 13.7% for SCHD. Worst drawdown: MORT -75.0% vs SCHD -33.4%.
Should I hold both MORT and SCHD?
MORT and SCHD have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MORT or SCHD?
MORT yields 17.67% while SCHD yields 3.24%, so MORT currently pays the higher dividend yield.
Is SCHD better than MORT?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 71.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.