MGRO vs. SCHX
Compare and contrast key facts about VanEck Morningstar Wide Moat Growth ETF (MGRO) and Schwab U.S. Large-Cap ETF (SCHX).
MGRO and SCHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGRO is a passively managed fund by VanEck that tracks the performance of the Morningstar US Broad Growth Wide Moat Focus Index - Benchmark TR Gross. It was launched on Mar 26, 2024. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009. Both MGRO and SCHX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGRO or SCHX.
Correlation
The correlation between MGRO and SCHX is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
MGRO vs. SCHX - Performance Comparison
Key characteristics
MGRO:
0.11
SCHX:
0.79
MGRO:
0.30
SCHX:
1.20
MGRO:
1.04
SCHX:
1.18
MGRO:
0.10
SCHX:
0.81
MGRO:
0.33
SCHX:
3.16
MGRO:
6.85%
SCHX:
4.87%
MGRO:
20.57%
SCHX:
19.46%
MGRO:
-23.81%
SCHX:
-34.33%
MGRO:
-11.47%
SCHX:
-8.05%
Returns By Period
In the year-to-date period, MGRO achieves a -6.03% return, which is significantly lower than SCHX's -3.69% return.
MGRO
-6.03%
13.16%
-5.01%
1.22%
N/A
N/A
SCHX
-3.69%
11.58%
-0.49%
12.94%
17.29%
13.64%
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MGRO vs. SCHX - Expense Ratio Comparison
MGRO has a 0.49% expense ratio, which is higher than SCHX's 0.03% expense ratio.
Risk-Adjusted Performance
MGRO vs. SCHX — Risk-Adjusted Performance Rank
MGRO
SCHX
MGRO vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Growth ETF (MGRO) and Schwab U.S. Large-Cap ETF (SCHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MGRO vs. SCHX - Dividend Comparison
MGRO's dividend yield for the trailing twelve months is around 0.36%, less than SCHX's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRO VanEck Morningstar Wide Moat Growth ETF | 0.36% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHX Schwab U.S. Large-Cap ETF | 1.27% | 1.22% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 1.93% | 2.04% | 1.76% |
Drawdowns
MGRO vs. SCHX - Drawdown Comparison
The maximum MGRO drawdown since its inception was -23.81%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for MGRO and SCHX. For additional features, visit the drawdowns tool.
Volatility
MGRO vs. SCHX - Volatility Comparison
VanEck Morningstar Wide Moat Growth ETF (MGRO) has a higher volatility of 13.84% compared to Schwab U.S. Large-Cap ETF (SCHX) at 13.00%. This indicates that MGRO's price experiences larger fluctuations and is considered to be riskier than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.