IGTR vs SCHD
Innovator Gradient Tactical Rotation Strategy ETF vs Schwab US Dividend Equity ETF
Which is better, IGTR or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. IGTR led over 1Y, SCHD over the full window. IGTR is less concentrated, with 17.4% of the fund in its ten largest positions against 41.8%.
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 | IGTR | SCHD |
|---|---|---|
| Expense Ratio | 0.80% | 0.06%Best |
| AUM | $20M | $112.1B |
| Dividend Yield | 0.67% | 3.00% |
| Holdings | 110 | 103 |
| Volatility (annualized) | 15.1% | 13.0%Best |
| Max Drawdown | -20.1% | -16.1%Best |
| $10,000 over 3.6 years | $13,832 | $14,518Best |
| Top 10 Weight | 17.4%Best | 41.8% |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 17, 2022 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 69 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IGTR has data through Jul 10, 2026 and SCHD through Sep 17, 2026.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Nov 17, 2022 to Jul 10, 2026 (3.6 years).
Risk: Volatility and Drawdowns
IGTR has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.0% 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 -16.1% 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 0.56. They move together some of the time, and apart the rest.
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 3.00% for SCHD.
Holdings Overlap
6.8% of IGTR's money is in holdings SCHD also owns. 10.0% of SCHD's money is in holdings IGTR also owns.
SCHD and IGTR share little of their money.
The two holdings books were reported 123 days apart, IGTR as of Apr 30, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
7 positions in common, counted across the 101 positions we hold weights for in IGTR and 100 in SCHD, against full books of 110 and 103.
What only one of them owns
Our book lists 92 positions for SCHD that do not appear in our book for IGTR (90.0% of the fund), and 90 for IGTR that do not appear in SCHD (90.5%).
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 IGTR | Weight in SCHD | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 0.94% | 3.13% | 2.19% |
| QCOMQualcomm Inc. | 1.12% | 2.52% | 1.40% |
| BXBlackstone Group Inc. Class A | 0.79% | 2.59% | 1.80% |
| APAApa Corp | 1.32% | 0.37% | 0.95% |
| ARESAres Management Corp A | 0.83% | 0.74% | 0.09% |
| SWKSSkyworks Solutions Inc. | 1.11% | 0.25% | 0.86% |
| BBYBest Buy Co. Inc. | 0.70% | 0.38% | 0.32% |
You are not choosing between two funds in isolation.
Whichever of IGTR 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, IGTR or SCHD?
IGTR has an expense ratio of 0.80% while SCHD charges 0.06%. SCHD is the cheaper option, by $74 a year on a $10,000 investment.
Which is riskier, IGTR or SCHD?
IGTR has been the more volatile fund at 15.1% annualized versus 13.0% for SCHD. Worst drawdown: IGTR -20.1% vs SCHD -16.1%.
Should I hold both IGTR and SCHD?
IGTR and SCHD have a monthly-return correlation of 0.56, 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 IGTR and SCHD?
10.0% of SCHD's money is in holdings IGTR also owns. 10.0% of SCHD's is in holdings IGTR also owns. They hold 7 positions in common, counted across the 101 positions we hold weights for in IGTR and 100 in SCHD.
Which pays a higher dividend, IGTR or SCHD?
IGTR yields 0.67% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IGTR?
SCHD has a lower expense ratio. IGTR led over 1Y, SCHD over the full window. IGTR is less concentrated, with 17.4% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.