ACV vs SCHD
Virtus Diversified Income & Convertible Fund vs Schwab US Dividend Equity ETF
Which is better, ACV or SCHD?
Debt-oriented balanced against Large Cap Value.
SCHD has a lower expense ratio. ACV led over 3Y, SCHD over 1Y, 5Y and the full window.
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 | ACV | SCHD |
|---|---|---|
| Expense Ratio | 2.55% | 0.06%Best |
| AUM | $275M | $112.1B |
| Dividend Yield | 9.52% | 3.00% |
| Holdings | 308 | 103 |
| YTD Return | +3.46% | +24.23%Best |
| 1Y Return | +17.14% | +27.90%Best |
| 3Y Return (annualized) | +21.72%Best | +15.55% |
| 5Y Return (annualized) | +7.06% | +9.97%Best |
| Volatility (annualized) | 24.9% | 14.9%Best |
| Max Drawdown | -54.0% | -33.4%Best |
| $10,000 over 5 years | $14,065 | $16,083Best |
| Fund Family | Virtus Investment Partners | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Debt-oriented balanced | Large Cap Value |
| Inception | May 26, 2015 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 22, 2015 to Sep 17, 2026 (11.3 years).
ACV 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 11.3 years both funds cover.
ACV vs SCHD Performance
Virtus Diversified Income & Convertible Fund (ACV) is an ETF from Virtus Investment Partners and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ACV returned +17.14% while SCHD returned +27.90%. Year to date, ACV is up 3.46% versus a gain of 24.23% for SCHD.
Over three years, ACV compounded at +21.72% per year against +15.55% for SCHD; over five years the annualized figures are +7.06% and +9.97% respectively. Across the full 11-year window we track, SCHD has the edge at +10.40% annualized vs +6.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACV has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 14.9% 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 -54.0% for ACV 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACV charges 2.55% per year while SCHD charges 0.06%. On a $10,000 position that is $255 vs $6 annually, a gap of $249 per year that compounds over a long holding period. On income, ACV currently yields 9.52% against 3.00% for SCHD.
Holdings Overlap
At least 18.8% of SCHD's money is in holdings ACV also owns.
Stated as a floor: for ACV, our book for it covers 80.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and ACV share little of their money.
The two holdings books were reported 185 days apart, ACV as of Feb 27, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 161 positions we hold weights for in ACV and 100 in SCHD, against full books of 308 and 103.
You are not choosing between two funds in isolation.
Whichever of ACV 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, ACV or SCHD?
ACV has an expense ratio of 2.55% while SCHD charges 0.06%. SCHD is the cheaper option, by $249 a year on a $10,000 investment.
Which performed better, ACV or SCHD?
Over the past year ACV returned +17.14% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), ACV annualized +6.70% vs +10.40% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACV or SCHD?
ACV has been the more volatile fund at 24.9% annualized versus 14.9% for SCHD. Worst drawdown: ACV -54.0% vs SCHD -33.4%.
Should I hold both ACV and SCHD?
ACV and SCHD have a monthly-return correlation of 0.71, 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 ACV and SCHD?
At least 18.8% of SCHD's money is in holdings ACV also owns. Our book for ACV is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 161 positions we hold weights for in ACV and 100 in SCHD.
Which pays a higher dividend, ACV or SCHD?
ACV yields 9.52% while SCHD yields 3.00%, so ACV currently pays the higher dividend yield.
Is SCHD better than ACV?
SCHD has a lower expense ratio. ACV led over 3Y, SCHD over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.