BLCV vs SCHD
iShares Large Cap Value Active ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | BLCV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.06% | |
| AUM | $337M | $103.7B | |
| Dividend Yield | 1.26% | 3.31% | |
| Holdings | 61 | 104 | |
| YTD Return | +0.62% | +25.62% | |
| 1Y Return | +23.61% | +32.62% | |
| 3Y Return (annualized) | +17.32% | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 12.2% | 13.6% | |
| Max Drawdown | -13.4% | -33.4% | |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 19, 2023 | Oct 20, 2011 |
BLCV vs SCHD Performance
iShares Large Cap Value Active ETF (BLCV) is a ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BLCV returned +23.61% while SCHD returned +32.62%. Year to date, BLCV is up 0.62% versus a gain of 25.62% for SCHD.
Over three years, BLCV compounded at +17.32% per year against +15.58% for SCHD. Across the full 3-year window we track, BLCV has the edge at +17.32% annualized vs +11.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.2% for BLCV. 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 -13.4% for BLCV and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCV charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, BLCV currently yields 1.26% against 3.31% for SCHD.
Holdings Overlap
BLCV and SCHD share 7 holdings out of 149 unique holdings combined, representing a 10.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BLCV or SCHD?
BLCV has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, BLCV or SCHD?
Over the past year BLCV returned +23.61% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), BLCV annualized +17.32% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, BLCV or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.2% for BLCV. Worst drawdown: BLCV -13.4% vs SCHD -33.4%.
Should I hold both BLCV and SCHD?
BLCV and SCHD have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BLCV and SCHD?
BLCV and SCHD share 7 common holdings with a 10.7% weight overlap. Combined, they hold 149 unique securities.
Which pays a higher dividend, BLCV or SCHD?
BLCV yields 1.26% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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