AIVL vs SCHD
WisdomTree US AI Enhanced Value Fund vs Schwab US Dividend Equity ETF
Which is better, AIVL or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. AIVL is less concentrated, with 31.7% 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 | AIVL | SCHD |
|---|---|---|
| Expense Ratio | 0.38% | 0.06%Best |
| AUM | $424M | $112.1B |
| Dividend Yield | 1.45% | 3.00% |
| Holdings | 106 | 103 |
| YTD Return | +14.26% | +24.59%Best |
| 1Y Return | +16.91% | +28.14%Best |
| 3Y Return (annualized) | +14.12% | +15.58%Best |
| 5Y Return (annualized) | +8.29% | +9.90%Best |
| Volatility (annualized) | 14.2% | 13.6%Best |
| Max Drawdown | -41.3% | -33.4%Best |
| $10,000 over 5 years | $14,892 | $16,032Best |
| Top 10 Weight | 31.7%Best | 41.8% |
| Fund Family | WisdomTree Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 16, 2006 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
AIVL 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 14.9 years both funds cover.
AIVL vs SCHD Performance
WisdomTree US AI Enhanced Value Fund (AIVL) is an ETF from WisdomTree Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year AIVL returned +16.91% while SCHD returned +28.14%. Year to date, AIVL is up 14.26% versus a gain of 24.59% for SCHD.
Over three years, AIVL compounded at +14.12% per year against +15.58% for SCHD; over five years the annualized figures are +8.29% and +9.90% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs +7.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIVL has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 13.6% 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 -41.3% for AIVL 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIVL charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, AIVL currently yields 1.45% against 3.00% for SCHD.
Holdings Overlap
10.5% of AIVL's money is in holdings SCHD also owns. 16.6% of SCHD's money is in holdings AIVL also owns.
SCHD and AIVL share little of their money.
6 positions in common, counted across the 100 positions we hold weights for in AIVL and 100 in SCHD, against full books of 106 and 103.
What only one of them owns
Our book lists 93 positions for SCHD that do not appear in our book for AIVL (83.3% of the fund), and 92 for AIVL that do not appear in SCHD (87.1%).
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
You are not choosing between two funds in isolation.
Whichever of AIVL 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, AIVL or SCHD?
AIVL has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, AIVL or SCHD?
Over the past year AIVL returned +16.91% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), AIVL annualized +7.55% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIVL or SCHD?
AIVL has been the more volatile fund at 14.2% annualized versus 13.6% for SCHD. Worst drawdown: AIVL -41.3% vs SCHD -33.4%.
Should I hold both AIVL and SCHD?
AIVL and SCHD have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AIVL and SCHD?
16.6% of SCHD's money is in holdings AIVL also owns. 16.6% of SCHD's is in holdings AIVL also owns. They hold 6 positions in common, counted across the 100 positions we hold weights for in AIVL and 100 in SCHD.
Which pays a higher dividend, AIVL or SCHD?
AIVL yields 1.45% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AIVL?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. AIVL is less concentrated, with 31.7% 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.