IBIE vs SCHD
iShares iBonds Oct 2028 Term TIPS 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 104 holdings.
Side-by-Side Comparison
| Metric | IBIE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.06% | |
| AUM | $157M | $103.7B | |
| Dividend Yield | 3.27% | 3.31% | |
| Holdings | 8 | 104 | |
| YTD Return | +2.03% | +26.21% | |
| 1Y Return | +2.94% | +29.99% | |
| 3Y Return (annualized) | +5.32% | +15.73% | |
| 5Y Return (annualized) | - | +9.67% | |
| Volatility (annualized) | 2.5% | 13.6% | |
| Max Drawdown | -1.7% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 13, 2023 | Oct 20, 2011 |
IBIE vs SCHD Performance
iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 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 IBIE returned +2.94% while SCHD returned +29.99%. Year to date, IBIE is up 2.03% versus a gain of 26.21% for SCHD.
Over three years, IBIE compounded at +5.32% per year against +15.73% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.50% annualized vs +5.32%. 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 2.5% for IBIE. 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 -1.7% for IBIE 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IBIE 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, IBIE currently yields 3.27% against 3.31% for SCHD.
Holdings Overlap
IBIE and SCHD share 0 holdings out of 107 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, IBIE or SCHD?
IBIE 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, IBIE or SCHD?
Over the past year IBIE returned +2.94% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), IBIE annualized +5.32% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, IBIE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 2.5% for IBIE. Worst drawdown: IBIE -1.7% vs SCHD -33.4%.
Should I hold both IBIE and SCHD?
IBIE and SCHD have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IBIE and SCHD?
IBIE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, IBIE or SCHD?
IBIE yields 3.27% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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