IGA vs SCHD
Voya Global Advantage and Premium Opportunity Fund vs Schwab US Dividend Equity ETF
Which is better, IGA or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. IGA led over 3Y and 5Y, SCHD over 1Y and the full window. IGA is less concentrated, with 16.0% 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 | IGA | SCHD |
|---|---|---|
| Expense Ratio | 0.97% | 0.06%Best |
| AUM | $157M | $112.2B |
| Dividend Yield | 9.21% | 3.13% |
| Holdings | 251 | 103 |
| YTD Return | +15.74% | +27.56%Best |
| 1Y Return | +17.54% | +30.29%Best |
| 3Y Return (annualized) | +20.07%Best | +16.37% |
| 5Y Return (annualized) | +11.11%Best | +10.23% |
| Volatility (annualized) | 13.3%Best | 13.6% |
| Max Drawdown | -54.4% | -33.4%Best |
| $10,000 over 5 years | $16,934Best | $16,274 |
| Top 10 Weight | 16.0%Best | 41.5% |
| Fund Family | Voya Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 26, 2005 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
IGA 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.
IGA vs SCHD Performance
Voya Global Advantage and Premium Opportunity Fund (IGA) is an ETF from Voya Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IGA returned +17.54% while SCHD returned +30.29%. Year to date, IGA is up 15.74% versus a gain of 27.56% for SCHD.
Over three years, IGA compounded at +20.07% per year against +16.37% for SCHD; over five years the annualized figures are +11.11% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +3.29%.
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 13.3% for IGA. 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 -54.4% for IGA 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IGA charges 0.97% per year while SCHD charges 0.06%. On a $10,000 position that is $97 vs $6 annually, a gap of $91 per year that compounds over a long holding period. On income, IGA currently yields 9.21% against 3.13% for SCHD.
Holdings Overlap
8.6% of IGA's money is in holdings SCHD also owns. 32.1% of SCHD's money is in holdings IGA also owns.
The two portfolios partly overlap.
The two holdings books were reported 68 days apart, IGA as of May 31, 2026 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
14 positions in common, counted across the 241 positions we hold weights for in IGA and 100 in SCHD, against full books of 251 and 103.
What only one of them owns
Our book lists 85 positions for SCHD that do not appear in our book for IGA (67.8% of the fund), and 126 for IGA that do not appear in SCHD (60.0%).
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 IGA | Weight in SCHD | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 1.25% | 4.20% | 2.95% |
| PGProcter & Gamble Company | 0.80% | 3.96% | 3.16% |
| PEPPepsico Inc. | 0.91% | 3.71% | 2.80% |
| VZVerizon Communic | 0.67% | 3.84% | 3.17% |
| BMYBristol-Myers Squibb Co. | 0.74% | 3.31% | 2.57% |
| MOAltria Group Inc | 0.84% | 2.86% | 2.02% |
| QCOMQualcomm Inc. | 0.78% | 2.55% | 1.77% |
| ADPAutomatic Data Processing, Inc. | 0.48% | 2.72% | 2.24% |
| EOGEog Resources Inc | 0.52% | 1.80% | 1.28% |
| OKEOneok Inc. | 0.59% | 1.36% | 0.77% |
32.1% of SCHD is already inside IGA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IGA or SCHD?
IGA has an expense ratio of 0.97% while SCHD charges 0.06%. SCHD is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, IGA or SCHD?
Over the past year IGA returned +17.54% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IGA annualized +3.29% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGA or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 13.3% for IGA. Worst drawdown: IGA -54.4% vs SCHD -33.4%.
Should I hold both IGA and SCHD?
IGA and SCHD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IGA and SCHD?
32.1% of SCHD's money is in holdings IGA also owns. 32.1% of SCHD's is in holdings IGA also owns. They hold 14 positions in common, counted across the 241 positions we hold weights for in IGA and 100 in SCHD.
Which pays a higher dividend, IGA or SCHD?
IGA yields 9.21% while SCHD yields 3.13%, so IGA currently pays the higher dividend yield.
Is SCHD better than IGA?
SCHD has a lower expense ratio. IGA led over 3Y and 5Y, SCHD over 1Y and the full window. IGA is less concentrated, with 16.0% 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.