AVIE vs SCHD
Avantis Inflation Focused Equity ETF vs Schwab US Dividend Equity ETF
Which is better, AVIE or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. AVIE led over 1Y, SCHD over 3Y and the full window. AVIE is less concentrated, with 31.5% of the fund in its ten largest positions against 41.5%.
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 | AVIE | SCHD |
|---|---|---|
| Expense Ratio | 0.25% | 0.06%Best |
| AUM | $13M | $112.2B |
| Dividend Yield | 1.40% | 3.13% |
| Holdings | 367 | 103 |
| YTD Return | +23.66% | +27.56%Best |
| 1Y Return | +31.82%Best | +30.29% |
| 3Y Return (annualized) | +14.11% | +16.37%Best |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 13.6%Best | 14.1% |
| Max Drawdown | -12.4%Best | -16.1% |
| $10,000 over 3.9 years | $17,500 | $17,732Best |
| Top 10 Weight | 31.5%Best | 41.5% |
| Fund Family | Avantis Investors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Sep 27, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Sep 29, 2022 to Sep 4, 2026 (3.9 years).
AVIE 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 3.9 years both funds cover.
AVIE vs SCHD Performance
Avantis Inflation Focused Equity ETF (AVIE) is an ETF from Avantis Investors and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year AVIE returned +31.82% while SCHD returned +30.29%. Year to date, AVIE is up 23.66% versus a gain of 27.56% for SCHD.
Over three years, AVIE compounded at +14.11% per year against +16.37% for SCHD. Across the full 4-year window we track, SCHD has the edge at +15.82% annualized vs +15.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.6% for AVIE. 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 -12.4% for AVIE and -16.1% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVIE charges 0.25% per year while SCHD charges 0.06%. On a $10,000 position that is $25 vs $6 annually, a gap of $19 per year that compounds over a long holding period. On income, AVIE currently yields 1.40% against 3.13% for SCHD.
Holdings Overlap
25.2% of AVIE's money is in holdings SCHD also owns. 49.5% of SCHD's money is in holdings AVIE also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 362 positions we hold weights for in AVIE and 100 in SCHD, against full books of 367 and 103.
What only one of them owns
Our book lists 72 positions for SCHD that do not appear in our book for AVIE (50.4% of the fund), and 301 for AVIE that do not appear in SCHD (71.2%).
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 AVIE | Weight in SCHD | Difference |
|---|---|---|---|
| PGProcter & Gamble Company | 3.42% | 3.96% | 0.54% |
| UNHUnitedhealth Group Incorporated | 2.74% | 4.11% | 1.37% |
| CVXChevron Corp | 2.86% | 3.74% | 0.88% |
| KOCoca Cola Co. | 2.21% | 4.20% | 1.99% |
| AMGNAmgen Inc. | 1.32% | 4.62% | 3.30% |
| MRKMerck & Company Inc | 1.66% | 4.26% | 2.60% |
| PEPPepsico Inc. | 1.70% | 3.71% | 2.01% |
| COPConocophillips Common Stock USD 0.01 | 1.65% | 3.59% | 1.94% |
| BMYBristol-Myers Squibb Co. | 0.82% | 3.31% | 2.49% |
| MOAltria Group Inc | 0.73% | 2.86% | 2.13% |
49.5% of SCHD is already inside AVIE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVIE or SCHD?
AVIE has an expense ratio of 0.25% while SCHD charges 0.06%. SCHD is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, AVIE or SCHD?
Over the past year AVIE returned +31.82% vs +30.29% for SCHD, so AVIE leads on 1-year performance. Over the longest common window we track (4 years), AVIE annualized +15.43% vs +15.82% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIE or SCHD?
SCHD has been the more volatile fund at 14.1% annualized versus 13.6% for AVIE. Worst drawdown: AVIE -12.4% vs SCHD -16.1%.
Should I hold both AVIE and SCHD?
AVIE and SCHD have a monthly-return correlation of 0.88, 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 AVIE and SCHD?
49.5% of SCHD's money is in holdings AVIE also owns. 49.5% of SCHD's is in holdings AVIE also owns. They hold 27 positions in common, counted across the 362 positions we hold weights for in AVIE and 100 in SCHD.
Which pays a higher dividend, AVIE or SCHD?
AVIE yields 1.40% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AVIE?
SCHD has a lower expense ratio. AVIE led over 1Y, SCHD over 3Y and the full window. AVIE is less concentrated, with 31.5% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.