IGPT vs SCHD
Invesco AI and Next Gen Software ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. IGPT delivered stronger 1-year returns. IGPT offers more diversification with 116 holdings.
Side-by-Side Comparison
| Metric | IGPT | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.56% | 0.06% | |
| AUM | $1.2B | $112.2B | |
| Dividend Yield | 0.01% | 3.13% | |
| Holdings | 116 | 103 | |
| YTD Return | +50.84% | +27.89% | |
| 1Y Return | +82.65% | +29.93% | |
| 3Y Return (annualized) | +38.93% | +16.13% | |
| 5Y Return (annualized) | +14.09% | +10.00% | |
| Volatility (annualized) | 21.8% | 13.6% | |
| Max Drawdown | -50.1% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 23, 2005 | Oct 20, 2011 |
IGPT vs SCHD Performance
Invesco AI and Next Gen Software ETF (IGPT) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IGPT returned +82.65% while SCHD returned +29.93%. Year to date, IGPT is up 50.84% versus a gain of 27.89% for SCHD.
Over three years, IGPT compounded at +38.93% per year against +16.13% for SCHD; over five years the annualized figures are +14.09% and +10.00% respectively. Across the full 15-year window we track, IGPT has the edge at +15.10% annualized vs +11.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGPT has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -50.1% for IGPT 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGPT charges 0.56% per year while SCHD charges 0.06%. On a $10,000 position that is $56 vs $6 annually, a gap of $50 per year that compounds over a long holding period. On income, IGPT currently yields 0.01% against 3.13% for SCHD.
Holdings Overlap
IGPT and SCHD share 1 holdings out of 201 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IGPT | Weight in SCHD | Difference |
|---|---|---|---|
| QCOM | 2.05% | 2.55% | 0.50% |
Frequently Asked Questions
Which is cheaper, IGPT or SCHD?
IGPT has an expense ratio of 0.56% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, IGPT or SCHD?
Over the past year IGPT returned +82.65% vs +29.93% for SCHD, so IGPT leads on 1-year performance. Over the longest common window we track (15 years), IGPT annualized +15.10% vs +11.56% for SCHD. Past performance does not guarantee future results.
Which is riskier, IGPT or SCHD?
IGPT has been the more volatile fund at 21.8% annualized versus 13.6% for SCHD. Worst drawdown: IGPT -50.1% vs SCHD -33.4%.
Should I hold both IGPT and SCHD?
IGPT and SCHD have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGPT and SCHD?
IGPT and SCHD share 1 common holdings with a 2.0% weight overlap. Combined, they hold 201 unique securities.
Which pays a higher dividend, IGPT or SCHD?
IGPT yields 0.01% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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