IGM vs SCHD

Quick Verdict

SCHD has a lower expense ratio. IGM delivered stronger 1-year returns. IGM offers more diversification with 271 holdings.

Lower Fees: SCHDHigher Returns: IGMMore Diversified: IGM

Side-by-Side Comparison

MetricIGMSCHDWinner
Expense Ratio0.39%0.06%
AUM$9.9B$103.7B
Dividend Yield0.13%3.31%
Holdings301104
YTD Return+26.65%+24.26%
1Y Return+40.69%+31.38%
3Y Return (annualized)+35.79%+15.08%
5Y Return (annualized)+19.11%+9.72%
Volatility (annualized)22.6%13.6%
Max Drawdown-65.6%-33.4%
Fund FamilyiShares by BlackRock (US)Charles Schwab Asset Management
CategoryEquityEquity
InceptionMar 13, 2001Oct 20, 2011

IGM vs SCHD Performance

iShares Expanded Tech Sector ETF (IGM) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IGM returned +40.69% while SCHD returned +31.38%. Year to date, IGM is up 26.65% versus a gain of 24.26% for SCHD.

Over three years, IGM compounded at +35.79% per year against +15.08% for SCHD; over five years the annualized figures are +19.11% and +9.72% respectively. Across the full 15-year window we track, IGM has the edge at +12.24% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IGM has been the more volatile fund, with annualized monthly volatility of 22.6% 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 -65.6% for IGM and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IGM charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, IGM currently yields 0.13% against 3.31% for SCHD.

Holdings Overlap

2.5%overlap

IGM and SCHD share 4 holdings out of 367 unique holdings combined, representing a 2.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IGMWeight in SCHDDifference
TXN1.23%3.70%2.47%
QCOM0.88%2.72%1.84%
ACN0.38%2.24%1.86%
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Frequently Asked Questions

Which is cheaper, IGM or SCHD?

IGM has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.

Which performed better, IGM or SCHD?

Over the past year IGM returned +40.69% vs +31.38% for SCHD, so IGM leads on 1-year performance. Over the longest common window we track (15 years), IGM annualized +12.24% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, IGM or SCHD?

IGM has been the more volatile fund at 22.6% annualized versus 13.6% for SCHD. Worst drawdown: IGM -65.6% vs SCHD -33.4%.

Should I hold both IGM and SCHD?

IGM and SCHD have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IGM and SCHD?

IGM and SCHD share 4 common holdings with a 2.5% weight overlap. Combined, they hold 367 unique securities.

Which pays a higher dividend, IGM or SCHD?

IGM yields 0.13% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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