BSMR vs SCHD
Invesco BulletShares 2027 Municipal Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. BSMR offers more diversification with 683 holdings.
Side-by-Side Comparison
| Metric | BSMR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $344M | $103.7B | |
| Dividend Yield | 2.72% | 3.31% | |
| Holdings | 2,405 | 104 | |
| YTD Return | +1.46% | +25.33% | |
| 1Y Return | +2.99% | +32.31% | |
| 3Y Return (annualized) | +3.11% | +15.40% | |
| 5Y Return (annualized) | +0.44% | +9.70% | |
| Volatility (annualized) | 5.0% | 13.6% | |
| Max Drawdown | -13.6% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 25, 2019 | Oct 20, 2011 |
BSMR vs SCHD Performance
Invesco BulletShares 2027 Municipal Bond ETF (BSMR) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BSMR returned +2.99% while SCHD returned +32.31%. Year to date, BSMR is up 1.46% versus a gain of 25.33% for SCHD.
Over three years, BSMR compounded at +3.11% per year against +15.40% for SCHD; over five years the annualized figures are +0.44% and +9.70% respectively. Across the full 7-year window we track, SCHD has the edge at +11.45% annualized vs +0.96%. 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 5.0% for BSMR. 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 -13.6% for BSMR 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BSMR charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, BSMR currently yields 2.72% against 3.31% for SCHD.
Holdings Overlap
BSMR and SCHD share 0 holdings out of 783 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BSMR or SCHD?
BSMR has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, BSMR or SCHD?
Over the past year BSMR returned +2.99% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), BSMR annualized +0.96% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, BSMR or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 5.0% for BSMR. Worst drawdown: BSMR -13.6% vs SCHD -33.4%.
Should I hold both BSMR and SCHD?
BSMR and SCHD have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BSMR and SCHD?
BSMR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 783 unique securities.
Which pays a higher dividend, BSMR or SCHD?
BSMR yields 2.72% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.