IPKW vs SCHD
Invesco International BuyBack Achievers ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IPKW offers more diversification with 159 holdings.
Side-by-Side Comparison
| Metric | IPKW | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.06% | |
| AUM | $539M | $103.7B | |
| Dividend Yield | 3.62% | 3.31% | |
| Holdings | 178 | 104 | |
| YTD Return | +12.03% | +24.26% | |
| 1Y Return | +26.47% | +31.38% | |
| 3Y Return (annualized) | +25.24% | +15.08% | |
| 5Y Return (annualized) | +11.70% | +9.72% | |
| Volatility (annualized) | 16.5% | 13.6% | |
| Max Drawdown | -50.3% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 24, 2014 | Oct 20, 2011 |
IPKW vs SCHD Performance
Invesco International BuyBack Achievers ETF (IPKW) 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 IPKW returned +26.47% while SCHD returned +31.38%. Year to date, IPKW is up 12.03% versus a gain of 24.26% for SCHD.
Over three years, IPKW compounded at +25.24% per year against +15.08% for SCHD; over five years the annualized figures are +11.70% and +9.72% respectively. Across the full 12-year window we track, SCHD has the edge at +11.39% annualized vs +9.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IPKW has been the more volatile fund, with annualized monthly volatility of 16.5% 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 -50.3% for IPKW 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IPKW charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, IPKW currently yields 3.62% against 3.31% for SCHD.
Holdings Overlap
IPKW and SCHD share 0 holdings out of 259 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, IPKW or SCHD?
IPKW has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, IPKW or SCHD?
Over the past year IPKW returned +26.47% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), IPKW annualized +9.55% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, IPKW or SCHD?
IPKW has been the more volatile fund at 16.5% annualized versus 13.6% for SCHD. Worst drawdown: IPKW -50.3% vs SCHD -33.4%.
Should I hold both IPKW and SCHD?
IPKW and SCHD have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IPKW and SCHD?
IPKW and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 259 unique securities.
Which pays a higher dividend, IPKW or SCHD?
IPKW yields 3.62% while SCHD yields 3.31%, so IPKW currently pays the higher dividend yield.
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