AVMV vs SCHD
Avantis US Mid Cap Value ETF vs Schwab US Dividend Equity ETF
Which is better, AVMV or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. AVMV led over the full window, SCHD over 1Y. AVMV is less concentrated, with 12.2% 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 | AVMV | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $776M | $112.1B |
| Dividend Yield | 1.04% | 3.00% |
| Holdings | 288 | 103 |
| YTD Return | +10.83% | +25.84%Best |
| 1Y Return | +16.76% | +30.18%Best |
| 3Y Return (annualized) | - | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 15.0% | 12.9%Best |
| Max Drawdown | -24.2% | -16.1%Best |
| $10,000 over 2.9 years | $17,182Best | $16,723 |
| Top 10 Weight | 12.2%Best | 41.8% |
| 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 2.9 years row, are measured over the window both funds cover: Nov 9, 2023 to Sep 15, 2026 (2.9 years).
AVMV 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 2.9 years both funds cover.
AVMV vs SCHD Performance
Avantis US Mid Cap Value ETF (AVMV) 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 AVMV returned +16.76% while SCHD returned +30.18%. Year to date, AVMV is up 10.83% versus a gain of 25.84% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVMV has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 12.9% 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 -24.2% for AVMV 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVMV charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, AVMV currently yields 1.04% against 3.00% for SCHD.
Holdings Overlap
11.5% of AVMV's money is in holdings SCHD also owns. 14.2% of SCHD's money is in holdings AVMV also owns.
SCHD and AVMV share little of their money.
25 positions in common, counted across the 298 positions we hold weights for in AVMV and 100 in SCHD, against full books of 288 and 103.
What only one of them owns
Our book lists 74 positions for SCHD that do not appear in our book for AVMV (85.7% of the fund), and 253 for AVMV that do not appear in SCHD (86.3%).
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 AVMV | Weight in SCHD | Difference |
|---|---|---|---|
| DVNDevon Energy Corporation | 1.63% | 1.36% | 0.27% |
| TGTTarget Corp Common Stock Usd.0833 | 1.07% | 1.78% | 0.71% |
| FASTFastenal Co. | 1.13% | 1.38% | 0.25% |
| OKEOneok Inc. | 0.75% | 1.47% | 0.72% |
| KMBKimberly-Clark Corp. | 0.49% | 0.87% | 0.38% |
| HSYHershey Co. | 0.58% | 0.64% | 0.06% |
| DRIDarden Restaurants Inc. | 0.61% | 0.60% | 0.01% |
| PFGPrincipalfinancialgroupinc. | 0.64% | 0.53% | 0.11% |
| TROWT Rowe Price Grp | 0.58% | 0.58% | 0.00% |
| RFRegions Financial Corp. | 0.37% | 0.62% | 0.25% |
You are not choosing between two funds in isolation.
Whichever of AVMV 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, AVMV or SCHD?
AVMV has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, AVMV or SCHD?
Over the past year AVMV returned +16.76% vs +30.18% 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, AVMV or SCHD?
AVMV has been the more volatile fund at 15.0% annualized versus 12.9% for SCHD. Worst drawdown: AVMV -24.2% vs SCHD -16.1%.
Should I hold both AVMV and SCHD?
AVMV and SCHD have a monthly-return correlation of 0.73, 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 AVMV and SCHD?
14.2% of SCHD's money is in holdings AVMV also owns. 14.2% of SCHD's is in holdings AVMV also owns. They hold 25 positions in common, counted across the 298 positions we hold weights for in AVMV and 100 in SCHD.
Which pays a higher dividend, AVMV or SCHD?
AVMV yields 1.04% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AVMV?
SCHD has a lower expense ratio. AVMV led over the full window, SCHD over 1Y. AVMV is less concentrated, with 12.2% 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.