ILCB vs SCHD
iShares Morningstar US Equity ETF vs Schwab US Dividend Equity ETF
Which is better, ILCB or SCHD?
Large Cap Blend against Large Cap Value.
ILCB has a lower expense ratio. ILCB led over 3Y, 5Y and the full window, SCHD over 1Y. ILCB is less concentrated, with 37.1% 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 | ILCB | SCHD |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.06% |
| AUM | $1.3B | $112.1B |
| Dividend Yield | 0.96% | 3.00% |
| Holdings | 533 | 103 |
| YTD Return | +12.57% | +25.07%Best |
| 1Y Return | +17.29% | +27.61%Best |
| 3Y Return (annualized) | +21.40%Best | +15.74% |
| 5Y Return (annualized) | +12.44%Best | +9.89% |
| Volatility (annualized) | 14.1% | 13.6%Best |
| Max Drawdown | -35.3% | -33.4%Best |
| $10,000 over 5 years | $17,972Best | $16,025 |
| Top 10 Weight | 37.1%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 28, 2004 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 11, 2026 (14.9 years).
ILCB 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.
ILCB vs SCHD Performance
iShares Morningstar US Equity ETF (ILCB) 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 ILCB returned +17.29% while SCHD returned +27.61%. Year to date, ILCB is up 12.57% versus a gain of 25.07% for SCHD.
Over three years, ILCB compounded at +21.40% per year against +15.74% for SCHD; over five years the annualized figures are +12.44% and +9.89% respectively. Across the full 15-year window we track, ILCB has the edge at +13.56% annualized vs +11.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ILCB has been the more volatile fund, with annualized monthly volatility of 14.1% 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 -35.3% for ILCB 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ILCB charges 0.03% per year while SCHD charges 0.06%. On a $10,000 position that is $3 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, ILCB currently yields 0.96% against 3.00% for SCHD.
Holdings Overlap
7.6% of ILCB's money is in holdings SCHD also owns. 94.7% of SCHD's money is in holdings ILCB also owns.
Most of SCHD is already inside ILCB. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 528 positions we hold weights for in ILCB and 100 in SCHD, against full books of 533 and 103.
What only one of them owns
Our book lists 54 positions for SCHD that do not appear in our book for ILCB (5.3% of the fund), and 466 for ILCB that do not appear in SCHD (91.3%).
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 ILCB | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 0.46% | 4.77% | 4.31% |
| AMGNAmgen Inc. | 0.33% | 4.70% | 4.37% |
| ABTAbbott Laboratories | 0.27% | 4.69% | 4.42% |
| KOCoca Cola Co. | 0.50% | 4.17% | 3.67% |
| CVXChevron Corp. | 0.51% | 4.02% | 3.51% |
| HDHome Depot Inc/The | 0.52% | 3.88% | 3.36% |
| UNHUnitedhealth Group Inc. | 0.56% | 3.82% | 3.26% |
| PGProcter & Gamble Company | 0.51% | 3.83% | 3.32% |
| VZVerizon Communications, Inc. | 0.29% | 3.97% | 3.68% |
| COPConocophillips Co | 0.21% | 3.94% | 3.73% |
94.7% of SCHD is already inside ILCB.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ILCB or SCHD?
ILCB has an expense ratio of 0.03% while SCHD charges 0.06%. ILCB is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, ILCB or SCHD?
Over the past year ILCB returned +17.29% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), ILCB annualized +13.56% vs +11.36% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ILCB or SCHD?
ILCB has been the more volatile fund at 14.1% annualized versus 13.6% for SCHD. Worst drawdown: ILCB -35.3% vs SCHD -33.4%.
Should I hold both ILCB and SCHD?
ILCB and SCHD have a monthly-return correlation of 0.83, 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 ILCB and SCHD?
94.7% of SCHD's money is in holdings ILCB also owns. 94.7% of SCHD's is in holdings ILCB also owns. They hold 45 positions in common, counted across the 528 positions we hold weights for in ILCB and 100 in SCHD.
Which pays a higher dividend, ILCB or SCHD?
ILCB yields 0.96% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ILCB?
ILCB has a lower expense ratio. ILCB led over 3Y, 5Y and the full window, SCHD over 1Y. ILCB is less concentrated, with 37.1% 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.