AVMC vs SCHD
Avantis US Mid Cap Equity ETF vs Schwab US Dividend Equity ETF
Which is better, AVMC or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. AVMC led over the full window, SCHD over 1Y. AVMC is less concentrated, with 6.1% 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 | AVMC | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $499M | $112.2B |
| Dividend Yield | 0.95% | 3.13% |
| Holdings | 606 | 103 |
| YTD Return | +12.62% | +27.56%Best |
| 1Y Return | +16.33% | +30.29%Best |
| 3Y Return (annualized) | - | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 14.0% | 12.8%Best |
| Max Drawdown | -21.8% | -16.1%Best |
| $10,000 over 2.8 years | $16,849Best | $16,743 |
| Top 10 Weight | 6.1%Best | 41.5% |
| Fund Family | Avantis Investors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Nov 7, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 9, 2023 to Sep 4, 2026 (2.8 years).
AVMC 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 2.8 years both funds cover.
AVMC vs SCHD Performance
Avantis US Mid Cap Equity ETF (AVMC) 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 AVMC returned +16.33% while SCHD returned +30.29%. Year to date, AVMC is up 12.62% versus a gain of 27.56% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVMC has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 12.8% 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 -21.8% for AVMC 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVMC charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, AVMC currently yields 0.95% against 3.13% for SCHD.
Holdings Overlap
7.8% of AVMC's money is in holdings SCHD also owns. 26.3% of SCHD's money is in holdings AVMC also owns.
SCHD and AVMC share little of their money.
38 positions in common, counted across the 595 positions we hold weights for in AVMC and 100 in SCHD, against full books of 606 and 103.
What only one of them owns
Our book lists 61 positions for SCHD that do not appear in our book for AVMC (73.6% of the fund), and 530 for AVMC that do not appear in SCHD (88.2%).
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 AVMC | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 0.00% | 3.59% | 3.59% |
| TGTTarget Corp-1477 | 0.44% | 1.70% | 1.26% |
| SLBSchlumberger Nv. | 0.04% | 1.89% | 1.85% |
| DVNDevon Energy Corporation | 0.65% | 1.24% | 0.59% |
| FASTFastenal Co. | 0.40% | 1.49% | 1.09% |
| FITBFifth Third Bancorp | 0.53% | 1.30% | 0.77% |
| OKEOneok Inc. | 0.31% | 1.36% | 1.05% |
| FFord Motor Co | 0.28% | 1.37% | 1.09% |
| ADMArcher-Daniels-Midland Co. | 0.43% | 0.92% | 0.49% |
| PAYXPaychex, Inc. | 0.31% | 0.97% | 0.66% |
26.3% of SCHD is already inside AVMC.
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, AVMC or SCHD?
AVMC has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, AVMC or SCHD?
Over the past year AVMC returned +16.33% vs +30.29% 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, AVMC or SCHD?
AVMC has been the more volatile fund at 14.0% annualized versus 12.8% for SCHD. Worst drawdown: AVMC -21.8% vs SCHD -16.1%.
Should I hold both AVMC and SCHD?
AVMC and SCHD have a monthly-return correlation of 0.70, 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 AVMC and SCHD?
26.3% of SCHD's money is in holdings AVMC also owns. 26.3% of SCHD's is in holdings AVMC also owns. They hold 38 positions in common, counted across the 595 positions we hold weights for in AVMC and 100 in SCHD.
Which pays a higher dividend, AVMC or SCHD?
AVMC yields 0.95% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AVMC?
SCHD has a lower expense ratio. AVMC led over the full window, SCHD over 1Y. AVMC is less concentrated, with 6.1% 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.