BDVL vs SCHD
iShares Disciplined Volatility Equity Active ETF vs Schwab US Dividend Equity ETF
Which is better, BDVL or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | BDVL | SCHD |
|---|---|---|
| Expense Ratio | 0.40% | 0.06%Best |
| AUM | $1.8B | $112.1B |
| Dividend Yield | 3.43% | 3.00% |
| Holdings | 613 | 103 |
| YTD Return | +7.13% | +21.33%Best |
| 1Y Return | +9.86% | +25.15%Best |
| 3Y Return (annualized) | - | +15.43% |
| 5Y Return (annualized) | - | +9.32% |
| Volatility (annualized) | 8.8%Best | 14.6% |
| Max Drawdown | -7.7% | -6.0%Best |
| $10,000 over 1 years | $10,891 | $12,485Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Sep 12, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 15, 2025 to Sep 24, 2026 (1 years).
BDVL 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 1 years both funds cover.
BDVL vs SCHD Performance
iShares Disciplined Volatility Equity Active ETF (BDVL) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BDVL returned +9.86% while SCHD returned +25.15%. Year to date, BDVL is up 7.13% versus a gain of 21.33% 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 14.6% compared with 8.8% for BDVL. 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 -7.7% for BDVL and -6.0% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BDVL charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, BDVL currently yields 3.43% against 3.00% for SCHD.
Holdings Overlap
At least 54.6% of SCHD's money is in holdings BDVL also owns.
Only one direction is shown: for BDVL, our book for it lists positions totalling 114.7% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
19 positions in common, counted across the 494 positions we hold weights for in BDVL and 100 in SCHD, against full books of 613 and 103.
Top Shared Holdings
| Stock | Weight in BDVL | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.38% | 4.77% | 4.39% |
| KOCoca Cola Co. | 0.93% | 4.17% | 3.24% |
| AMGNAmgen Inc. | 0.25% | 4.70% | 4.45% |
| PGProcter & Gamble Company | 0.73% | 3.83% | 3.10% |
| VZVerizon Communic | 0.56% | 3.97% | 3.41% |
| COPConocophillips Common Stock USD 0.01 | 0.27% | 3.94% | 3.67% |
| PEPPepsico Inc. | 0.43% | 3.64% | 3.21% |
| UNHUnitedhealth Group Incorporated | 0.17% | 3.82% | 3.65% |
| BMYBristol-Myers Squibb Co. | 0.25% | 3.33% | 3.08% |
| LMTLockheed Martin Corp | 0.26% | 2.78% | 2.52% |
54.6% of SCHD is already inside BDVL.
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, BDVL or SCHD?
BDVL has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, BDVL or SCHD?
Over the past year BDVL returned +9.86% vs +25.15% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), BDVL annualized +8.91% vs +24.85% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BDVL or SCHD?
SCHD has been the more volatile fund at 14.6% annualized versus 8.8% for BDVL. Worst drawdown: BDVL -7.7% vs SCHD -6.0%.
Should I hold both BDVL and SCHD?
BDVL and SCHD have a monthly-return correlation of 0.69, 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 BDVL and SCHD?
At least 54.6% of SCHD's money is in holdings BDVL also owns. Our book for BDVL is partial, so the real figure is this or higher. They hold 19 positions in common, counted across the 494 positions we hold weights for in BDVL and 100 in SCHD.
Which pays a higher dividend, BDVL or SCHD?
BDVL yields 3.43% while SCHD yields 3.00%, so BDVL currently pays the higher dividend yield.
Is SCHD better than BDVL?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.