BMEZ vs SCHD
BMEZ vs SCHD
BlackRock Health Sciences Term Trust vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. BMEZ offers more diversification with 140 holdings.
Side-by-Side Comparison
| Metric | BMEZ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.30% | 0.06% | |
| AUM | $1.1B | $103.7B | |
| Dividend Yield | 8.61% | 3.31% | |
| Holdings | 171 | 104 | |
| YTD Return | +11.98% | +24.26% | |
| 1Y Return | +28.15% | +31.38% | |
| 3Y Return (annualized) | +11.28% | +15.08% | |
| 5Y Return (annualized) | -2.09% | +9.72% | |
| Volatility (annualized) | 19.8% | 13.6% | |
| Max Drawdown | -46.0% | -33.4% | |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 29, 2020 | Oct 20, 2011 |
BMEZ vs SCHD Performance
BlackRock Health Sciences Term Trust (BMEZ) 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 BMEZ returned +28.15% while SCHD returned +31.38%. Year to date, BMEZ is up 11.98% versus a gain of 24.26% for SCHD.
Over three years, BMEZ compounded at +11.28% per year against +15.08% for SCHD; over five years the annualized figures are -2.09% and +9.72% respectively. Across the full 7-year window we track, SCHD has the edge at +11.39% annualized vs +5.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BMEZ has been the more volatile fund, with annualized monthly volatility of 19.8% 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 -46.0% for BMEZ 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BMEZ charges 1.30% per year while SCHD charges 0.06%. On a $10,000 position that is $130 vs $6 annually, a gap of $124 per year that compounds over a long holding period. On income, BMEZ currently yields 8.61% against 3.31% for SCHD.
Holdings Overlap
BMEZ and SCHD share 4 holdings out of 236 unique holdings combined, representing a 7.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BMEZ | Weight in SCHD | Difference |
|---|---|---|---|
| MRK | 2.61% | 4.32% | 1.71% |
| ABT | 2.06% | 4.49% | 2.43% |
| AMGN | 1.39% | 4.25% | 2.86% |
| BMY | Pro | Pro | Pro |
See all 4 holdings BMEZ shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, BMEZ or SCHD?
BMEZ has an expense ratio of 1.30% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $124 per year of difference.
Which performed better, BMEZ or SCHD?
Over the past year BMEZ returned +28.15% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), BMEZ annualized +5.08% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BMEZ or SCHD?
BMEZ has been the more volatile fund at 19.8% annualized versus 13.6% for SCHD. Worst drawdown: BMEZ -46.0% vs SCHD -33.4%.
Should I hold both BMEZ and SCHD?
BMEZ and SCHD have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BMEZ and SCHD?
BMEZ and SCHD share 4 common holdings with a 7.0% weight overlap. Combined, they hold 236 unique securities.
Which pays a higher dividend, BMEZ or SCHD?
BMEZ yields 8.61% while SCHD yields 3.31%, so BMEZ currently pays the higher dividend yield.
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