IOO vs SCHD
iShares Global 100 ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IOO offers more diversification with 102 holdings.
Side-by-Side Comparison
| Metric | IOO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.06% | |
| AUM | $8.7B | $103.7B | |
| Dividend Yield | 0.85% | 3.31% | |
| Holdings | 117 | 104 | |
| YTD Return | +15.30% | +25.33% | |
| 1Y Return | +29.99% | +32.31% | |
| 3Y Return (annualized) | +26.00% | +15.40% | |
| 5Y Return (annualized) | +16.28% | +9.70% | |
| Volatility (annualized) | 15.8% | 13.6% | |
| Max Drawdown | -57.9% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 5, 2000 | Oct 20, 2011 |
IOO vs SCHD Performance
iShares Global 100 ETF (IOO) 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 IOO returned +29.99% while SCHD returned +32.31%. Year to date, IOO is up 15.30% versus a gain of 25.33% for SCHD.
Over three years, IOO compounded at +26.00% per year against +15.40% for SCHD; over five years the annualized figures are +16.28% and +9.70% respectively. Across the full 15-year window we track, SCHD has the edge at +11.45% annualized vs +5.89%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IOO has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -57.9% for IOO 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IOO charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, IOO currently yields 0.85% against 3.31% for SCHD.
Holdings Overlap
IOO and SCHD share 12 holdings out of 190 unique holdings combined, representing a 6.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IOO or SCHD?
IOO has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $34 per year of difference.
Which performed better, IOO or SCHD?
Over the past year IOO returned +29.99% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IOO annualized +5.89% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, IOO or SCHD?
IOO has been the more volatile fund at 15.8% annualized versus 13.6% for SCHD. Worst drawdown: IOO -57.9% vs SCHD -33.4%.
Should I hold both IOO and SCHD?
IOO and SCHD have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IOO and SCHD?
IOO and SCHD share 12 common holdings with a 6.1% weight overlap. Combined, they hold 190 unique securities.
Which pays a higher dividend, IOO or SCHD?
IOO yields 0.85% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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