AVLV vs SCHD
Avantis US Large Cap Value ETF vs Schwab US Dividend Equity ETF
Which is better, AVLV or SCHD?
AVLV has been ahead.
SCHD has a lower expense ratio. AVLV led over 1Y, 3Y, 5Y and the full window. AVLV is less concentrated, with 25.6% 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 | AVLV | SCHD |
|---|---|---|
| Expense Ratio | 0.15% | 0.06%Best |
| AUM | $21.5B | $112.1B |
| Dividend Yield | 1.04% | 3.00% |
| Holdings | 274 | 103 |
| YTD Return | +20.74% | +23.46%Best |
| 1Y Return | +28.51%Best | +27.20% |
| 3Y Return (annualized) | +21.41%Best | +15.41% |
| 5Y Return (annualized) | +14.30%Best | +10.16% |
| Volatility (annualized) | 16.6% | 14.9%Best |
| Max Drawdown | -19.5% | -16.9%Best |
| $10,000 over 5 years | $19,509Best | $16,223 |
| Top 10 Weight | 25.6%Best | 41.8% |
| Fund Family | Avantis Investors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 21, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Sep 23, 2021 to Sep 18, 2026 (5 years).
AVLV 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 5 years both funds cover.
AVLV vs SCHD Performance
Avantis US Large Cap Value ETF (AVLV) 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 AVLV returned +28.51% while SCHD returned +27.20%. Year to date, AVLV is up 20.74% versus a gain of 23.46% for SCHD.
Over three years, AVLV compounded at +21.41% per year against +15.41% for SCHD; over five years the annualized figures are +14.30% and +10.16% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVLV has been the more volatile fund, with annualized monthly volatility of 16.6% 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 -19.5% for AVLV and -16.9% 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
AVLV charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, AVLV currently yields 1.04% against 3.00% for SCHD.
Holdings Overlap
12.2% of AVLV's money is in holdings SCHD also owns. 41.2% of SCHD's money is in holdings AVLV also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 299 positions we hold weights for in AVLV and 100 in SCHD, against full books of 274 and 103.
What only one of them owns
Our book lists 68 positions for SCHD that do not appear in our book for AVLV (58.7% of the fund), and 244 for AVLV that do not appear in SCHD (86.8%).
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 AVLV | Weight in SCHD | Difference |
|---|---|---|---|
| VZVerizon Communic | 1.70% | 3.97% | 2.27% |
| MRKMerck & Company Inc | 0.53% | 4.77% | 4.24% |
| COPConocophillips Common Stock USD 0.01 | 1.20% | 3.94% | 2.74% |
| CVXChevron Corp | 0.78% | 4.02% | 3.24% |
| QCOMQualcomm Inc. | 0.87% | 2.52% | 1.65% |
| ADPAutomatic Data Processing, Inc. | 0.23% | 2.79% | 2.56% |
| CMCSAComcast Corp-class A Cmcsa | 0.59% | 2.31% | 1.72% |
| TGTTarget Corp Common Stock Usd.0833 | 1.04% | 1.78% | 0.74% |
| EOGEog Resources Inc | 0.88% | 1.88% | 1.00% |
| UPSUnited Parcel Service, Inc | 0.68% | 1.90% | 1.22% |
41.2% of SCHD is already inside AVLV.
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, AVLV or SCHD?
AVLV has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, AVLV or SCHD?
Over the past year AVLV returned +28.51% vs +27.20% for SCHD, so AVLV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVLV or SCHD?
AVLV has been the more volatile fund at 16.6% annualized versus 14.9% for SCHD. Worst drawdown: AVLV -19.5% vs SCHD -16.9%.
Should I hold both AVLV and SCHD?
AVLV 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 AVLV and SCHD?
41.2% of SCHD's money is in holdings AVLV also owns. 41.2% of SCHD's is in holdings AVLV also owns. They hold 31 positions in common, counted across the 299 positions we hold weights for in AVLV and 100 in SCHD.
Which pays a higher dividend, AVLV or SCHD?
AVLV yields 1.04% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AVLV?
SCHD has a lower expense ratio. AVLV led over 1Y, 3Y, 5Y and the full window. AVLV is less concentrated, with 25.6% 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.