IGV vs SCHD
iShares Expanded Tech-Software Sector ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IGV offers more diversification with 113 holdings.
Side-by-Side Comparison
| Metric | IGV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.06% | |
| AUM | $14.3B | $108.7B | |
| Dividend Yield | 0.02% | 3.13% | |
| Holdings | 113 | 104 | |
| YTD Return | +1.42% | +26.54% | |
| 1Y Return | -3.93% | +30.90% | |
| 3Y Return (annualized) | +14.98% | +16.29% | |
| 5Y Return (annualized) | +5.10% | +9.65% | |
| Volatility (annualized) | 23.8% | 13.6% | |
| Max Drawdown | -63.5% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 10, 2001 | Oct 20, 2011 |
IGV vs SCHD Performance
iShares Expanded Tech-Software Sector ETF (IGV) 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 IGV returned -3.93% while SCHD returned +30.90%. Year to date, IGV is up 1.42% versus a gain of 26.54% for SCHD.
Over three years, IGV compounded at +14.98% per year against +16.29% for SCHD; over five years the annualized figures are +5.10% and +9.65% respectively. Across the full 15-year window we track, SCHD has the edge at +11.51% annualized vs +9.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGV has been the more volatile fund, with annualized monthly volatility of 23.8% 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 -63.5% for IGV 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGV charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, IGV currently yields 0.02% against 3.13% for SCHD.
Holdings Overlap
IGV and SCHD share 0 holdings out of 209 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IGV or SCHD?
IGV has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IGV or SCHD?
Over the past year IGV returned -3.93% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IGV annualized +9.74% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, IGV or SCHD?
IGV has been the more volatile fund at 23.8% annualized versus 13.6% for SCHD. Worst drawdown: IGV -63.5% vs SCHD -33.4%.
Should I hold both IGV and SCHD?
IGV and SCHD have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGV and SCHD?
IGV and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 209 unique securities.
Which pays a higher dividend, IGV or SCHD?
IGV yields 0.02% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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