AIVC vs SCHD
Amplify Bloomberg AI Equal Weight ETF vs Schwab US Dividend Equity ETF
Which is better, AIVC or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. AIVC led over 1Y, 3Y, 5Y and the full window. AIVC is less concentrated, with 27.8% of the fund in its ten largest positions against 41.8%.
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 | AIVC | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $131M | $112.1B |
| Dividend Yield | 0.10% | 3.00% |
| Holdings | 100 | 103 |
| YTD Return | +60.98%Best | +25.07% |
| 1Y Return | +81.62%Best | +27.61% |
| 3Y Return (annualized) | +45.20%Best | +15.74% |
| 5Y Return (annualized) | +15.56%Best | +9.89% |
| Volatility (annualized) | 25.7% | 14.9%Best |
| Max Drawdown | -56.1% | -33.4%Best |
| $10,000 over 5 years | $20,608Best | $16,025 |
| Top 10 Weight | 27.8%Best | 41.8% |
| Fund Family | Amplify ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 8, 2016 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 9, 2016 to Sep 11, 2026 (10.5 years).
AIVC 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 10.5 years both funds cover.
AIVC vs SCHD Performance
Amplify Bloomberg AI Equal Weight ETF (AIVC) is an ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year AIVC returned +81.62% while SCHD returned +27.61%. Year to date, AIVC is up 60.98% versus a gain of 25.07% for SCHD.
Over three years, AIVC compounded at +45.20% per year against +15.74% for SCHD; over five years the annualized figures are +15.56% and +9.89% respectively. Across the full 11-year window we track, AIVC has the edge at +15.62% annualized vs +11.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVC has been the more volatile fund, with annualized monthly volatility of 25.7% 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 -56.1% for AIVC 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 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AIVC charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, AIVC currently yields 0.10% against 3.00% for SCHD.
Holdings Overlap
2.1% of AIVC's money is in holdings SCHD also owns. 2.5% of SCHD's money is in holdings AIVC also owns.
SCHD and AIVC share little of their money.
1 positions in common, counted across the 46 positions we hold weights for in AIVC and 100 in SCHD, against full books of 100 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for AIVC (97.4% of the fund), and 32 for AIVC that do not appear in SCHD (69.8%).
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.
Top Shared Holdings
| Stock | Weight in AIVC | Weight in SCHD | Difference |
|---|---|---|---|
| QCOMQualcomm Inc. | 2.06% | 2.52% | 0.46% |
You are not choosing between two funds in isolation.
Whichever of AIVC 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, AIVC or SCHD?
AIVC has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, AIVC or SCHD?
Over the past year AIVC returned +81.62% vs +27.61% for SCHD, so AIVC leads on 1-year performance. Over the longest common window we track (11 years), AIVC annualized +15.62% vs +11.58% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVC or SCHD?
AIVC has been the more volatile fund at 25.7% annualized versus 14.9% for SCHD. Worst drawdown: AIVC -56.1% vs SCHD -33.4%.
Should I hold both AIVC and SCHD?
AIVC and SCHD have a monthly-return correlation of 0.47, 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 AIVC and SCHD?
2.5% of SCHD's money is in holdings AIVC also owns. 2.5% of SCHD's is in holdings AIVC also owns. They hold 1 positions in common, counted across the 46 positions we hold weights for in AIVC and 100 in SCHD.
Which pays a higher dividend, AIVC or SCHD?
AIVC yields 0.10% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AIVC?
SCHD has a lower expense ratio. AIVC led over 1Y, 3Y, 5Y and the full window. AIVC is less concentrated, with 27.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.