IMCB vs SCHD

Quick Verdict

IMCB has a lower expense ratio. SCHD delivered stronger 1-year returns. IMCB offers more diversification with 396 holdings.

Lower Fees: IMCBHigher Returns: SCHDMore Diversified: IMCB

Side-by-Side Comparison

MetricIMCBSCHDWinner
Expense Ratio0.04%0.06%
AUM$1.7B$103.7B
Dividend Yield1.22%3.31%
Holdings399104
YTD Return+20.03%+24.26%
1Y Return+25.79%+31.38%
3Y Return (annualized)+17.72%+15.08%
5Y Return (annualized)+9.58%+9.72%
Volatility (annualized)17.2%13.6%
Max Drawdown-59.6%-33.4%
Fund FamilyiShares by BlackRock (US)Charles Schwab Asset Management
CategoryEquityEquity
InceptionJun 28, 2004Oct 20, 2011

IMCB vs SCHD Performance

iShares Morningstar Mid-Cap ETF (IMCB) 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 IMCB returned +25.79% while SCHD returned +31.38%. Year to date, IMCB is up 20.03% versus a gain of 24.26% for SCHD.

Over three years, IMCB compounded at +17.72% per year against +15.08% for SCHD; over five years the annualized figures are +9.58% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +9.37%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

IMCB has been the more volatile fund, with annualized monthly volatility of 17.2% 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 -59.6% for IMCB 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 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

IMCB charges 0.04% per year while SCHD charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, IMCB currently yields 1.22% against 3.31% for SCHD.

Holdings Overlap

7.0%overlap

IMCB and SCHD share 26 holdings out of 470 unique holdings combined, representing a 7.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IMCBWeight in SCHDDifference
ADP0.66%2.54%1.88%
UPS0.57%2.25%1.68%
EOG0.47%1.98%1.51%
SLB:CWProProPro
TGTProProPro
OKEProProPro
FProProPro
FASTProProPro
FITBProProPro
DVNProProPro
See all 10 holdings IMCB 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, IMCB or SCHD?

IMCB has an expense ratio of 0.04% while SCHD charges 0.06%. IMCB is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which performed better, IMCB or SCHD?

Over the past year IMCB returned +25.79% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IMCB annualized +9.37% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, IMCB or SCHD?

IMCB has been the more volatile fund at 17.2% annualized versus 13.6% for SCHD. Worst drawdown: IMCB -59.6% vs SCHD -33.4%.

Should I hold both IMCB and SCHD?

IMCB and SCHD have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IMCB and SCHD?

IMCB and SCHD share 26 common holdings with a 7.0% weight overlap. Combined, they hold 470 unique securities.

Which pays a higher dividend, IMCB or SCHD?

IMCB yields 1.22% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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