IGTR vs SCHD

Quick Verdict

SCHD has a lower expense ratio. IGTR delivered stronger 1-year returns. IGTR offers more diversification with 101 holdings.

Lower Fees: SCHDHigher Returns: IGTRMore Diversified: IGTR

Side-by-Side Comparison

MetricIGTRSCHDWinner
Expense Ratio0.80%0.06%
AUM$20M$103.7B
Dividend Yield0.67%3.31%
Holdings110104
YTD Return+17.33%+24.26%
1Y Return+36.58%+31.38%
3Y Return (annualized)+15.29%+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)15.1%13.6%
Max Drawdown-20.1%-33.4%
Fund FamilyInnovator ETFs TrustCharles Schwab Asset Management
CategoryEquityEquity
InceptionNov 17, 2022Oct 20, 2011

IGTR vs SCHD Performance

Innovator Gradient Tactical Rotation Strategy ETF (IGTR) is a ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IGTR returned +36.58% while SCHD returned +31.38%. Year to date, IGTR is up 17.33% versus a gain of 24.26% for SCHD.

Over three years, IGTR compounded at +15.29% per year against +15.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs +9.43%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IGTR has been the more volatile fund, with annualized monthly volatility of 15.1% 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 -20.1% for IGTR 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IGTR charges 0.80% per year while SCHD charges 0.06%. On a $10,000 position that is $80 vs $6 annually, a gap of $74 per year that compounds over a long holding period. On income, IGTR currently yields 0.67% against 3.31% for SCHD.

Holdings Overlap

4.5%overlap

IGTR and SCHD share 7 holdings out of 194 unique holdings combined, representing a 4.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IGTRWeight in SCHDDifference
TXN0.94%3.70%2.76%
QCOM1.12%2.72%1.60%
BX0.79%2.38%1.59%
APAProProPro
ARESProProPro
SWKSProProPro
BBYProProPro
See all 7 holdings IGTR shares with SCHD
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IGTR or SCHD?

IGTR has an expense ratio of 0.80% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $74 per year of difference.

Which performed better, IGTR or SCHD?

Over the past year IGTR returned +36.58% vs +31.38% for SCHD, so IGTR leads on 1-year performance. Over the longest common window we track (4 years), IGTR annualized +9.43% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, IGTR or SCHD?

IGTR has been the more volatile fund at 15.1% annualized versus 13.6% for SCHD. Worst drawdown: IGTR -20.1% vs SCHD -33.4%.

Should I hold both IGTR and SCHD?

IGTR and SCHD have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IGTR and SCHD?

IGTR and SCHD share 7 common holdings with a 4.5% weight overlap. Combined, they hold 194 unique securities.

Which pays a higher dividend, IGTR or SCHD?

IGTR yields 0.67% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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