Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IBDV offers more diversification with 660 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: IBDV

Side-by-Side Comparison

MetricIBDVSCHDWinner
Expense Ratio0.10%0.06%
AUM$3.3B$103.7B
Dividend Yield4.59%3.31%
Holdings731104
YTD Return+0.21%+24.26%
1Y Return+2.52%+31.38%
3Y Return (annualized)+5.53%+15.08%
5Y Return (annualized)+0.48%+9.72%
Volatility (annualized)7.1%13.6%
Max Drawdown-22.0%-33.4%
Fund FamilyiShares by BlackRock (US)Charles Schwab Asset Management
CategoryFixed IncomeEquity
InceptionJun 23, 2020Oct 20, 2011

IBDV vs SCHD Performance

iShares iBonds Dec 2030 Term Corporate ETF (IBDV) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IBDV returned +2.52% while SCHD returned +31.38%. Year to date, IBDV is up 0.21% versus a gain of 24.26% for SCHD.

Over three years, IBDV compounded at +5.53% per year against +15.08% for SCHD; over five years the annualized figures are +0.48% and +9.72% respectively. Across the full 6-year window we track, SCHD has the edge at +11.39% annualized vs +0.79%. 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 7.1% for IBDV. 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 -22.0% for IBDV 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IBDV charges 0.10% per year while SCHD charges 0.06%. On a $10,000 position that is $10 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, IBDV currently yields 4.59% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

IBDV and SCHD share 0 holdings out of 760 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, IBDV or SCHD?

IBDV has an expense ratio of 0.10% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

Which performed better, IBDV or SCHD?

Over the past year IBDV returned +2.52% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), IBDV annualized +0.79% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, IBDV or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 7.1% for IBDV. Worst drawdown: IBDV -22.0% vs SCHD -33.4%.

Should I hold both IBDV and SCHD?

IBDV and SCHD have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IBDV and SCHD?

IBDV and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 760 unique securities.

Which pays a higher dividend, IBDV or SCHD?

IBDV yields 4.59% while SCHD yields 3.31%, so IBDV currently pays the higher dividend yield.

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