IMCB vs SCHD
iShares Morningstar Mid-Cap ETF vs Schwab US Dividend Equity ETF
Which is better, IMCB or SCHD?
Mid Cap Blend against Large Cap Value.
IMCB has a lower expense ratio. IMCB led over 3Y and the full window, SCHD over 1Y and 5Y. IMCB is less concentrated, with 7.4% 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 | IMCB | SCHD |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.06% |
| AUM | $1.7B | $112.1B |
| Dividend Yield | 1.19% | 3.00% |
| Holdings | 399 | 103 |
| YTD Return | +15.93% | +23.46%Best |
| 1Y Return | +17.38% | +27.20%Best |
| 3Y Return (annualized) | +17.76%Best | +15.41% |
| 5Y Return (annualized) | +9.16% | +10.16%Best |
| Volatility (annualized) | 15.5% | 13.7%Best |
| Max Drawdown | -41.0% | -33.4%Best |
| $10,000 over 5 years | $15,499 | $16,223Best |
| Top 10 Weight | 7.4%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid 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 18, 2026 (14.9 years).
IMCB 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.
IMCB vs SCHD Performance
iShares Morningstar Mid-Cap ETF (IMCB) 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 IMCB returned +17.38% while SCHD returned +27.20%. Year to date, IMCB is up 15.93% versus a gain of 23.46% for SCHD.
Over three years, IMCB compounded at +17.76% per year against +15.41% for SCHD; over five years the annualized figures are +9.16% and +10.16% respectively. Across the full 15-year window we track, IMCB has the edge at +11.71% annualized vs +11.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IMCB has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.7% 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 -41.0% for IMCB 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 0.87. 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 1.19% against 3.00% for SCHD.
Holdings Overlap
7.4% of IMCB's money is in holdings SCHD also owns. 27.0% of SCHD's money is in holdings IMCB also owns.
SCHD and IMCB share little of their money.
26 positions in common, counted across the 388 positions we hold weights for in IMCB and 100 in SCHD, against full books of 399 and 103.
What only one of them owns
Our book lists 73 positions for SCHD that do not appear in our book for IMCB (73.0% of the fund), and 350 for IMCB that do not appear in SCHD (89.4%).
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 IMCB | Weight in SCHD | Difference |
|---|---|---|---|
| ADPAutomatic Data Processing, Inc. | 0.78% | 2.79% | 2.01% |
| SLBSchlumberger Nv. | 0.61% | 2.19% | 1.58% |
| UPSUnited Parcel Service, Inc | 0.53% | 1.90% | 1.37% |
| EOGEog Resources Inc | 0.53% | 1.88% | 1.35% |
| TGTTarget Corp Common Stock Usd.0833 | 0.50% | 1.78% | 1.28% |
| OKEOneok Inc. | 0.41% | 1.47% | 1.06% |
| FASTFastenal Co. | 0.37% | 1.38% | 1.01% |
| DVNDevon Energy Corporation | 0.35% | 1.36% | 1.01% |
| FFord Motor Credit | 0.37% | 1.33% | 0.96% |
| FITBFifth Third Bancorp | 0.33% | 1.19% | 0.86% |
27.0% of SCHD is already inside IMCB.
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, IMCB or SCHD?
IMCB has an expense ratio of 0.04% while SCHD charges 0.06%. IMCB is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, IMCB or SCHD?
Over the past year IMCB returned +17.38% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IMCB annualized +11.71% vs +11.25% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IMCB or SCHD?
IMCB has been the more volatile fund at 15.5% annualized versus 13.7% for SCHD. Worst drawdown: IMCB -41.0% vs SCHD -33.4%.
Should I hold both IMCB and SCHD?
IMCB and SCHD have a monthly-return correlation of 0.87, 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 IMCB and SCHD?
27.0% of SCHD's money is in holdings IMCB also owns. 27.0% of SCHD's is in holdings IMCB also owns. They hold 26 positions in common, counted across the 388 positions we hold weights for in IMCB and 100 in SCHD.
Which pays a higher dividend, IMCB or SCHD?
IMCB yields 1.19% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IMCB?
IMCB has a lower expense ratio. IMCB led over 3Y and the full window, SCHD over 1Y and 5Y. IMCB is less concentrated, with 7.4% 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.