IBMU vs SCHD
iShares iBonds Dec 2032 Term Muni Bond ETF vs Schwab US Dividend Equity ETF
Which is better, IBMU or SCHD?
SCHD costs less.
SCHD has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IBMU | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $17M | $112.1B |
| Dividend Yield | 0.81% | 3.00% |
| Holdings | 391 | 103 |
| YTD Return | -1.70% | +24.59%Best |
| 1Y Return | - | +28.14% |
| 3Y Return (annualized) | - | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Mar 25, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IBMU vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IBMU vs SCHD Performance
iShares iBonds Dec 2032 Term Muni Bond ETF (IBMU) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, IBMU is down 1.70% versus a gain of 24.59% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
IBMU 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, IBMU currently yields 0.81% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 74 holdings in IBMU and 100 in SCHD, totalling 20.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 62 days apart, IBMU as of Jun 30, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 74 positions we hold weights for in IBMU and 100 in SCHD, against full books of 391 and 103.
You are not choosing between two funds in isolation.
Whichever of IBMU and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IBMU or SCHD?
IBMU has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which pays a higher dividend, IBMU or SCHD?
IBMU yields 0.81% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IBMU?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.