INKM vs SCHD
State Street Income Allocation ETF vs Schwab US Dividend Equity ETF
Which is better, INKM or SCHD?
Allocation/Balanced against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 86.5%.
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 | INKM | SCHD |
|---|---|---|
| Expense Ratio | 0.50% | 0.06%Best |
| AUM | $80M | $112.1B |
| Dividend Yield | 4.75% | 3.00% |
| Holdings | 16 | 103 |
| YTD Return | +6.15% | +24.96%Best |
| 1Y Return | +8.61% | +28.75%Best |
| 3Y Return (annualized) | +10.17% | +15.71%Best |
| 5Y Return (annualized) | +4.04% | +9.86%Best |
| Volatility (annualized) | 9.4%Best | 13.8% |
| Max Drawdown | -28.6%Best | -33.4% |
| $10,000 over 5 years | $12,190 | $16,003Best |
| Top 10 Weight | 86.5% | 41.8%Best |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | Apr 25, 2012 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Apr 26, 2012 to Sep 9, 2026 (14.4 years).
INKM 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 14.4 years both funds cover.
INKM vs SCHD Performance
State Street Income Allocation ETF (INKM) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year INKM returned +8.61% while SCHD returned +28.75%. Year to date, INKM is up 6.15% versus a gain of 24.96% for SCHD.
Over three years, INKM compounded at +10.17% per year against +15.71% for SCHD; over five years the annualized figures are +4.04% and +9.86% respectively. Across the full 14-year window we track, SCHD has the edge at +10.94% annualized vs +2.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 9.4% for INKM. 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 -28.6% for INKM 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
INKM charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, INKM currently yields 4.75% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 16 holdings in INKM and 100 in SCHD, totalling 99.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 16 positions we hold weights for in INKM and 100 in SCHD, against full books of 16 and 103.
What only one of them owns
Measured across the 16 and 100 positions we hold weights for.
SCHD holds 99 positions INKM does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of INKM 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, INKM or SCHD?
INKM has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, INKM or SCHD?
Over the past year INKM returned +8.61% vs +28.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), INKM annualized +2.76% vs +10.94% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INKM or SCHD?
SCHD has been the more volatile fund at 13.8% annualized versus 9.4% for INKM. Worst drawdown: INKM -28.6% vs SCHD -33.4%.
Should I hold both INKM and SCHD?
INKM 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.
Which pays a higher dividend, INKM or SCHD?
INKM yields 4.75% while SCHD yields 3.00%, so INKM currently pays the higher dividend yield.
Is SCHD better than INKM?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 86.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.