IEUS vs SCHD
iShares MSCI Europe Small-Cap ETF vs Schwab US Dividend Equity ETF
Which is better, IEUS or SCHD?
Small Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. IEUS is less concentrated, with 5.8% of the fund in its ten largest positions against 41.8%.
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 | IEUS | SCHD |
|---|---|---|
| Expense Ratio | 0.41% | 0.06%Best |
| AUM | $179M | $112.1B |
| Dividend Yield | 3.05% | 3.00% |
| Holdings | 859 | 103 |
| YTD Return | +6.48% | +24.59%Best |
| 1Y Return | +11.43% | +28.14%Best |
| 3Y Return (annualized) | +14.73% | +15.58%Best |
| 5Y Return (annualized) | +2.37% | +9.90%Best |
| Volatility (annualized) | 18.5% | 13.6%Best |
| Max Drawdown | -48.1% | -33.4%Best |
| $10,000 over 5 years | $11,243 | $16,032Best |
| Top 10 Weight | 5.8%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Value |
| Inception | Nov 12, 2007 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
IEUS 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 14.9 years both funds cover.
IEUS vs SCHD Performance
iShares MSCI Europe Small-Cap ETF (IEUS) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IEUS returned +11.43% while SCHD returned +28.14%. Year to date, IEUS is up 6.48% versus a gain of 24.59% for SCHD.
Over three years, IEUS compounded at +14.73% per year against +15.58% for SCHD; over five years the annualized figures are +2.37% and +9.90% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs +6.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IEUS has been the more volatile fund, with annualized monthly volatility of 18.5% 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 -48.1% for IEUS and -33.4% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IEUS charges 0.41% per year while SCHD charges 0.06%. On a $10,000 position that is $41 vs $6 annually, a gap of $35 per year that compounds over a long holding period. On income, IEUS currently yields 3.05% against 3.00% for SCHD.
Holdings Overlap
0.1% of IEUS's money is in holdings SCHD also owns. 0.6% of SCHD's money is in holdings IEUS also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 838 positions we hold weights for in IEUS and 100 in SCHD, against full books of 859 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for IEUS (99.3% of the fund), and 10 for IEUS that do not appear in SCHD (0.9%).
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.
Top Shared Holdings
| Stock | Weight in IEUS | Weight in SCHD | Difference |
|---|---|---|---|
| RFRegions Financial Corp. | 0.13% | 0.62% | 0.49% |
You are not choosing between two funds in isolation.
Whichever of IEUS 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, IEUS or SCHD?
IEUS has an expense ratio of 0.41% while SCHD charges 0.06%. SCHD is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, IEUS or SCHD?
Over the past year IEUS returned +11.43% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IEUS annualized +6.62% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IEUS or SCHD?
IEUS has been the more volatile fund at 18.5% annualized versus 13.6% for SCHD. Worst drawdown: IEUS -48.1% vs SCHD -33.4%.
Should I hold both IEUS and SCHD?
IEUS and SCHD have a monthly-return correlation of 0.72, 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, IEUS or SCHD?
IEUS yields 3.05% while SCHD yields 3.00%, so IEUS currently pays the higher dividend yield.
Is SCHD better than IEUS?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. IEUS is less concentrated, with 5.8% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.