MGV vs SCHD: Differences, Returns & Fees
MGV and SCHD hold 20% of their weight in the same names, and SCHD returned +26.6% over the year. Net assets: $13.5bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Value ETF, and $94.9bn on May 31, 2026 for Schwab U.S. Dividend Equity ETF.
MGV costs 0.01 points a year less; their one-year returns differ by 5.1 points; SCHD is 7.5 times larger.
| MGV | SCHD | |
|---|---|---|
| Expense ratio | 0.05% | 0.06% |
| Net assets, as of May 31, 2026 | $12.7bn | $94.9bn |
| Total return, 1 year | +21.5% | +26.6% |
| What it tracks | CRSP U.S. Mega Cap Value Index | Dow Jones U.S. Dividend 100 Index |
| Holdings in common | 20% | |
| Top ten holdings, share of the fund | 28.5% | 43.6% |
| Below its high | 5.4%, high on Aug 24, 2026 | |
Holdings in common uses holdings dated May 31, 2026 and Aug 31, 2026.
What they hold in common
By the books each fund has filed, MGV and SCHD hold 20% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Aug 31, 2026.
half
20% in common
On the same fields
MGV and SCHD on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About MGV
MGV tracks an index. Over the year to Oct 9, 2026 it returned +21.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Aug 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 123 positions, with the top ten at 28.5%.
About SCHD
SCHD tracks an index of US dividend. Over the year to Oct 9, 2026 it returned +26.6% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.6%. It sat 5.4% below its high of Aug 24, 2026 on Oct 9, 2026.
Questions people ask
- Which returned more over the last year, MGV or SCHD?
- In the year to Oct 9, 2026, with distributions reinvested, MGV returned +21.5% and SCHD +26.6%.
- Which is cheaper, MGV or SCHD?
- MGV is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, MGV against SCHD, data as of Oct 9, 2026. https://etfiq.com/compare/any/mgv-vs-schd
ETFIQ. (Oct 9, 2026). MGV against SCHD. Retrieved from https://etfiq.com/compare/any/mgv-vs-schd
[MGV against SCHD (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/mgv-vs-schd)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.