IAE vs SCHD
Voya Asia Pacific High Dividend Equity Income Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. IAE delivered stronger 1-year returns. IAE offers more diversification with 484 holdings.
Side-by-Side Comparison
| Metric | IAE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.21% | 0.06% | |
| AUM | $78M | $108.7B | |
| Dividend Yield | 8.99% | 3.13% | |
| Holdings | 484 | 104 | |
| YTD Return | +25.55% | +26.54% | |
| 1Y Return | +37.44% | +30.90% | |
| 3Y Return (annualized) | +27.83% | +16.29% | |
| 5Y Return (annualized) | +12.47% | +9.65% | |
| Volatility (annualized) | 21.8% | 13.6% | |
| Max Drawdown | -78.5% | -33.4% | |
| Fund Family | Voya Investment Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Mar 27, 2007 | Oct 20, 2011 |
IAE vs SCHD Performance
Voya Asia Pacific High Dividend Equity Income Fund (IAE) is a ETF from Voya Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IAE returned +37.44% while SCHD returned +30.90%. Year to date, IAE is up 25.55% versus a gain of 26.54% for SCHD.
Over three years, IAE compounded at +27.83% per year against +16.29% for SCHD; over five years the annualized figures are +12.47% and +9.65% respectively. Across the full 15-year window we track, SCHD has the edge at +11.51% annualized vs -2.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IAE has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -78.5% for IAE 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IAE charges 1.21% per year while SCHD charges 0.06%. On a $10,000 position that is $121 vs $6 annually, a gap of $115 per year that compounds over a long holding period. On income, IAE currently yields 8.99% against 3.13% for SCHD.
Holdings Overlap
IAE and SCHD share 1 holdings out of 332 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IAE | Weight in SCHD | Difference |
|---|---|---|---|
| ACN | 0.33% | 2.70% | 2.37% |
Frequently Asked Questions
Which is cheaper, IAE or SCHD?
IAE has an expense ratio of 1.21% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $115 per year of difference.
Which performed better, IAE or SCHD?
Over the past year IAE returned +37.44% vs +30.90% for SCHD, so IAE leads on 1-year performance. Over the longest common window we track (15 years), IAE annualized -2.15% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, IAE or SCHD?
IAE has been the more volatile fund at 21.8% annualized versus 13.6% for SCHD. Worst drawdown: IAE -78.5% vs SCHD -33.4%.
Should I hold both IAE and SCHD?
IAE and SCHD have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IAE and SCHD?
IAE and SCHD share 1 common holdings with a 0.3% weight overlap. Combined, they hold 332 unique securities.
Which pays a higher dividend, IAE or SCHD?
IAE yields 8.99% while SCHD yields 3.13%, so IAE currently pays the higher dividend yield.
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