BHV vs SCHD
BlackRock Virginia Municipal Bond Trust vs Schwab US Dividend Equity ETF
Which is better, BHV or SCHD?
Municipal Virginia against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y 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 | BHV | SCHD |
|---|---|---|
| Expense Ratio | 2.60% | 0.06%Best |
| AUM | $18M | $112.1B |
| Dividend Yield | 5.11% | 3.00% |
| Holdings | 43 | 103 |
| YTD Return | +22.78% | +24.59%Best |
| 1Y Return | +24.97% | +28.14%Best |
| 3Y Return (annualized) | +13.12% | +15.58%Best |
| 5Y Return (annualized) | -2.49% | +9.90%Best |
| Volatility (annualized) | 17.8% | 13.6%Best |
| Max Drawdown | -57.4% | -33.4%Best |
| $10,000 over 5 years | $8,815 | $16,032Best |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management |
| Category | Tax Preferred | Equity |
| Style | Municipal Virginia | Large Cap Value |
| Inception | Apr 30, 2002 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
BHV 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 14.9 years both funds cover.
BHV vs SCHD Performance
BlackRock Virginia Municipal Bond Trust (BHV) is an ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BHV returned +24.97% while SCHD returned +28.14%. Year to date, BHV is up 22.78% versus a gain of 24.59% for SCHD.
Over three years, BHV compounded at +13.12% per year against +15.58% for SCHD; over five years the annualized figures are -2.49% and +9.90% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs -1.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BHV has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 13.6% 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 -57.4% for BHV and -33.4% 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 0.22. They move largely independently of each other.
Fees and Cost Over Time
BHV charges 2.60% per year while SCHD charges 0.06%. On a $10,000 position that is $260 vs $6 annually, a gap of $254 per year that compounds over a long holding period. On income, BHV currently yields 5.11% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 18 holdings in BHV and 100 in SCHD, totalling 63.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 212 days apart, BHV as of Jan 31, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 18 positions we hold weights for in BHV and 100 in SCHD, against full books of 43 and 103.
You are not choosing between two funds in isolation.
Whichever of BHV 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, BHV or SCHD?
BHV has an expense ratio of 2.60% while SCHD charges 0.06%. SCHD is the cheaper option, by $254 a year on a $10,000 investment.
Which performed better, BHV or SCHD?
Over the past year BHV returned +24.97% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), BHV annualized -1.22% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BHV or SCHD?
BHV has been the more volatile fund at 17.8% annualized versus 13.6% for SCHD. Worst drawdown: BHV -57.4% vs SCHD -33.4%.
Should I hold both BHV and SCHD?
BHV and SCHD have a monthly-return correlation of 0.22, 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, BHV or SCHD?
BHV yields 5.11% while SCHD yields 3.00%, so BHV currently pays the higher dividend yield.
Is SCHD better than BHV?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.