INTM vs SCHD
Invesco Intermediate Municipal ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | INTM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $101M | $103.7B | |
| Dividend Yield | 2.92% | 3.31% | |
| Holdings | 173 | 104 | |
| YTD Return | -0.42% | +24.26% | |
| 1Y Return | +3.64% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 4.2% | 13.6% | |
| Max Drawdown | -2.9% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Jul 23, 2025 | Oct 20, 2011 |
INTM vs SCHD Performance
Invesco Intermediate Municipal ETF (INTM) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year INTM returned +3.64% while SCHD returned +31.38%. Year to date, INTM is down 0.42% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 4.2% for INTM. 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 -2.9% for INTM 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 0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INTM charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, INTM currently yields 2.92% against 3.31% for SCHD.
Holdings Overlap
INTM and SCHD share 0 holdings out of 157 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, INTM or SCHD?
INTM has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, INTM or SCHD?
Over the past year INTM returned +3.64% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), INTM annualized +3.89% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, INTM or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 4.2% for INTM. Worst drawdown: INTM -2.9% vs SCHD -33.4%.
Should I hold both INTM and SCHD?
INTM and SCHD have a monthly-return correlation of 0.01, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INTM and SCHD?
INTM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 157 unique securities.
Which pays a higher dividend, INTM or SCHD?
INTM yields 2.92% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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