IGEB vs SCHD
iShares Investment Grade Systematic Bond ETF vs Schwab US Dividend Equity ETF
Which is better, IGEB or SCHD?
Long Term Mid Quality against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | IGEB | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $1.5B | $112.2B |
| Dividend Yield | 5.14% | 3.13% |
| Holdings | 458 | 103 |
| YTD Return | -3.74% | +27.56%Best |
| 1Y Return | -2.71% | +30.29%Best |
| 3Y Return (annualized) | +4.49% | +16.37%Best |
| 5Y Return (annualized) | -0.26% | +10.23%Best |
| Volatility (annualized) | 7.3%Best | 15.8% |
| Max Drawdown | -21.1%Best | -33.4% |
| $10,000 over 5 years | $9,871 | $16,274Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Value |
| Inception | Jul 11, 2017 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2017 to Sep 4, 2026 (9.1 years).
IGEB 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 9.1 years both funds cover.
IGEB vs SCHD Performance
iShares Investment Grade Systematic Bond ETF (IGEB) 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 IGEB returned -2.71% while SCHD returned +30.29%. Year to date, IGEB is down 3.74% versus a gain of 27.56% for SCHD.
Over three years, IGEB compounded at +4.49% per year against +16.37% for SCHD; over five years the annualized figures are -0.26% and +10.23% respectively. Across the full 9-year window we track, SCHD has the edge at +11.89% annualized vs +2.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 7.3% for IGEB. 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 -21.1% for IGEB 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IGEB 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, IGEB currently yields 5.14% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 374 holdings in IGEB and 100 in SCHD, totalling 84.7% 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 374 positions we hold weights for in IGEB and 100 in SCHD, against full books of 458 and 103.
You are not choosing between two funds in isolation.
Whichever of IGEB 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, IGEB or SCHD?
IGEB 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 performed better, IGEB or SCHD?
Over the past year IGEB returned -2.71% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), IGEB annualized +2.50% vs +11.89% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGEB or SCHD?
SCHD has been the more volatile fund at 15.8% annualized versus 7.3% for IGEB. Worst drawdown: IGEB -21.1% vs SCHD -33.4%.
Should I hold both IGEB and SCHD?
IGEB and SCHD have a monthly-return correlation of 0.52, 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, IGEB or SCHD?
IGEB yields 5.14% while SCHD yields 3.13%, so IGEB currently pays the higher dividend yield.
Is SCHD better than IGEB?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.