IJR vs SCHD
iShares Core S&P Small-Cap ETF vs Schwab US Dividend Equity ETF
Which is better, IJR or SCHD?
Small Cap Blend against Large Cap Value.
SCHD led over 1Y, 3Y, 5Y and the full window. IJR is less concentrated, with 6.9% 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 | IJR | SCHD |
|---|---|---|
| Expense Ratio | 0.06%Tie | 0.06%Tie |
| AUM | $108.0B | $112.1B |
| Dividend Yield | 1.14% | 3.00% |
| Holdings | 662 | 103 |
| YTD Return | +17.07% | +24.59%Best |
| 1Y Return | +21.82% | +28.14%Best |
| 3Y Return (annualized) | +15.04% | +15.58%Best |
| 5Y Return (annualized) | +6.98% | +9.90%Best |
| Volatility (annualized) | 18.6% | 13.6%Best |
| Max Drawdown | -45.6% | -33.4%Best |
| $10,000 over 5 years | $14,012 | $16,032Best |
| Top 10 Weight | 6.9%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | May 22, 2000 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
IJR vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
IJR vs SCHD Performance
iShares Core S&P Small-Cap ETF (IJR) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IJR returned +21.82% while SCHD returned +28.14%. Year to date, IJR is up 17.07% versus a gain of 24.59% for SCHD.
Over three years, IJR compounded at +15.04% per year against +15.58% for SCHD; over five years the annualized figures are +6.98% and +9.90% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs +11.20%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IJR has been the more volatile fund, with annualized monthly volatility of 18.6% 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 -45.6% for IJR and -33.4% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IJR charges 0.06% per year while SCHD charges 0.06%. On a $10,000 position that is $6 vs $6 annually. On income, IJR currently yields 1.14% against 3.00% for SCHD.
Holdings Overlap
2.9% of IJR's money is in holdings SCHD also owns. 1.3% of SCHD's money is in holdings IJR also owns.
IJR and SCHD share little of their money.
24 positions in common, counted across the 593 positions we hold weights for in IJR and 100 in SCHD, against full books of 662 and 103.
What only one of them owns
Our book lists 76 positions for SCHD that do not appear in our book for IJR (98.7% of the fund), and 550 for IJR that do not appear in SCHD (93.3%).
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 IJR | Weight in SCHD | Difference |
|---|---|---|---|
| KFYKorn Ferry | 0.25% | 0.11% | 0.14% |
| RHIRobert Half International Inc. | 0.25% | 0.11% | 0.14% |
| MCMoelis & Co | 0.23% | 0.12% | 0.11% |
| CWENClearway Energy Inc | 0.22% | 0.09% | 0.13% |
| CVBFCvb Financial Corp | 0.20% | 0.09% | 0.11% |
| APAMArtisan Partners Asset Management, Inc. | 0.17% | 0.07% | 0.10% |
| BANRBanner Corp | 0.13% | 0.06% | 0.07% |
| CNSCohen & Steers Inc | 0.12% | 0.05% | 0.07% |
| IPARInter Parfums Inc | 0.12% | 0.05% | 0.07% |
| OFG:PROfg Bancorp | 0.12% | 0.05% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of IJR 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, IJR or SCHD?
IJR has an expense ratio of 0.06% while SCHD charges 0.06%. At the precision these are quoted to, they cost the same.
Which performed better, IJR or SCHD?
Over the past year IJR returned +21.82% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IJR annualized +11.20% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IJR or SCHD?
IJR has been the more volatile fund at 18.6% annualized versus 13.6% for SCHD. Worst drawdown: IJR -45.6% vs SCHD -33.4%.
Should I hold both IJR and SCHD?
IJR and SCHD have a monthly-return correlation of 0.81, 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 IJR and SCHD?
2.9% of IJR's money is in holdings SCHD also owns. 1.3% of SCHD's is in holdings IJR also owns. They hold 24 positions in common, counted across the 593 positions we hold weights for in IJR and 100 in SCHD.
Which pays a higher dividend, IJR or SCHD?
IJR yields 1.14% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IJR?
SCHD led over 1Y, 3Y, 5Y and the full window. IJR is less concentrated, with 6.9% 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.