AVMA vs SCHD
Avantis Moderate Allocation ETF vs Schwab US Dividend Equity ETF
Which is better, AVMA or SCHD?
Allocation/Balanced against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 92.3%.
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 | AVMA | SCHD |
|---|---|---|
| Expense Ratio | 0.21% | 0.06%Best |
| AUM | $88M | $112.2B |
| Dividend Yield | 2.02% | 3.13% |
| Holdings | 18 | 103 |
| YTD Return | +12.31% | +28.59%Best |
| 1Y Return | +18.97% | +31.77%Best |
| 3Y Return (annualized) | +15.73% | +16.70%Best |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 9.3%Best | 13.1% |
| Max Drawdown | -11.8%Best | -16.1% |
| $10,000 over 3.2 years | $15,736 | $16,369Best |
| Top 10 Weight | 92.3% | 41.5%Best |
| Fund Family | Avantis Investors | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Jun 27, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jun 29, 2023 to Sep 3, 2026 (3.2 years).
AVMA 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 3.2 years both funds cover.
AVMA vs SCHD Performance
Avantis Moderate Allocation ETF (AVMA) 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 AVMA returned +18.97% while SCHD returned +31.77%. Year to date, AVMA is up 12.31% versus a gain of 28.59% for SCHD.
Over three years, AVMA compounded at +15.73% per year against +16.70% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 9.3% for AVMA. 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 -11.8% for AVMA 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVMA charges 0.21% per year while SCHD charges 0.06%. On a $10,000 position that is $21 vs $6 annually, a gap of $15 per year that compounds over a long holding period. On income, AVMA currently yields 2.02% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 18 holdings in AVMA and 100 in SCHD, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 18 positions we hold weights for in AVMA and 100 in SCHD, against full books of 18 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for AVMA (99.9% of the fund), and 17 for AVMA that do not appear in SCHD (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of AVMA 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, AVMA or SCHD?
AVMA has an expense ratio of 0.21% while SCHD charges 0.06%. SCHD is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, AVMA or SCHD?
Over the past year AVMA returned +18.97% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVMA or SCHD?
SCHD has been the more volatile fund at 13.1% annualized versus 9.3% for AVMA. Worst drawdown: AVMA -11.8% vs SCHD -16.1%.
Should I hold both AVMA and SCHD?
AVMA and SCHD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AVMA or SCHD?
AVMA yields 2.02% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AVMA?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 92.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.