IDVO vs SCHD
Amplify International Enhanced Dividend Income ETF vs Schwab US Dividend Equity ETF
Which is better, IDVO or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. IDVO led over 3Y and the full window, SCHD over 1Y. IDVO is less concentrated, with 32.1% of the fund in its ten largest positions against 41.5%.
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 | IDVO | SCHD |
|---|---|---|
| Expense Ratio | 0.65% | 0.06%Best |
| AUM | $1.4B | $112.2B |
| Dividend Yield | 6.17% | 3.13% |
| Holdings | 199 | 103 |
| YTD Return | +14.44% | +27.56%Best |
| 1Y Return | +28.25% | +30.29%Best |
| 3Y Return (annualized) | +23.19%Best | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 13.0%Best | 14.1% |
| Max Drawdown | -15.5%Best | -16.1% |
| $10,000 over 4 years | $21,764Best | $16,484 |
| Top 10 Weight | 32.1%Best | 41.5% |
| Fund Family | Amplify ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 8, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 8, 2022 to Sep 4, 2026 (4 years).
IDVO 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 covers the 4 years both funds cover.
IDVO vs SCHD Performance
Amplify International Enhanced Dividend Income ETF (IDVO) is an ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IDVO returned +28.25% while SCHD returned +30.29%. Year to date, IDVO is up 14.44% versus a gain of 27.56% for SCHD.
Over three years, IDVO compounded at +23.19% per year against +16.37% for SCHD. Across the full 4-year window we track, IDVO has the edge at +21.46% annualized vs +13.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.0% for IDVO. 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 -15.5% for IDVO and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IDVO charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, IDVO currently yields 6.17% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 58 holdings in IDVO and 100 in SCHD, totalling 99.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 58 positions we hold weights for in IDVO and 100 in SCHD, against full books of 199 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for IDVO (99.9% of the fund), and 19 for IDVO that do not appear in SCHD (33.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of IDVO 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, IDVO or SCHD?
IDVO has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, IDVO or SCHD?
Over the past year IDVO returned +28.25% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), IDVO annualized +21.46% vs +13.31% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IDVO or SCHD?
SCHD has been the more volatile fund at 14.1% annualized versus 13.0% for IDVO. Worst drawdown: IDVO -15.5% vs SCHD -16.1%.
Should I hold both IDVO and SCHD?
IDVO and SCHD have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IDVO or SCHD?
IDVO yields 6.17% while SCHD yields 3.13%, so IDVO currently pays the higher dividend yield.
Is SCHD better than IDVO?
SCHD has a lower expense ratio. IDVO led over 3Y and the full window, SCHD over 1Y. IDVO is less concentrated, with 32.1% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.