ISVL vs SCHD
iShares International Developed Small Cap Value Factor ETF vs Schwab US Dividend Equity ETF
Which is better, ISVL or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. ISVL led over 3Y, 5Y and the full window, SCHD over 1Y. ISVL is less concentrated, with 9.6% 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 | ISVL | SCHD |
|---|---|---|
| Expense Ratio | 0.31% | 0.06%Best |
| AUM | $334M | $108.9B |
| Dividend Yield | 2.94% | 3.00% |
| Holdings | 533 | 206 |
| YTD Return | +11.76% | +20.89%Best |
| 1Y Return | +19.78% | +23.87%Best |
| 3Y Return (annualized) | +25.25%Best | +16.42% |
| 5Y Return (annualized) | +11.99%Best | +9.40% |
| Volatility (annualized) | 16.4% | 14.5%Best |
| Max Drawdown | -30.5% | -16.9%Best |
| $10,000 over 5 years | $17,616Best | $15,671 |
| Top 10 Weight | 9.6%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Mar 23, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Mar 25, 2021 to Oct 2, 2026 (5.5 years).
ISVL 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 5.5 years both funds cover.
ISVL vs SCHD Performance
iShares International Developed Small Cap Value Factor ETF (ISVL) 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 ISVL returned +19.78% while SCHD returned +23.87%. Year to date, ISVL is up 11.76% versus a gain of 20.89% for SCHD.
Over three years, ISVL compounded at +25.25% per year against +16.42% for SCHD; over five years the annualized figures are +11.99% and +9.40% respectively. Across the full 6-year window we track, ISVL has the edge at +11.59% annualized vs +9.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ISVL has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 14.5% 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 -30.5% for ISVL and -16.9% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ISVL charges 0.31% per year while SCHD charges 0.06%. On a $10,000 position that is $31 vs $6 annually, a gap of $25 per year that compounds over a long holding period. On income, ISVL currently yields 2.94% against 3.00% for SCHD.
Holdings Overlap
0.3% of ISVL's money is in holdings SCHD also owns. 0.6% of SCHD's money is in holdings ISVL also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 509 positions we hold weights for in ISVL and 99 in SCHD, against full books of 533 and 206.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for ISVL (99.3% of the fund), and 4 for ISVL that do not appear in SCHD (0.6%).
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 ISVL | Weight in SCHD | Difference |
|---|---|---|---|
| RFRegions Financia | 0.28% | 0.64% | 0.36% |
You are not choosing between two funds in isolation.
Whichever of ISVL 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, ISVL or SCHD?
ISVL has an expense ratio of 0.31% while SCHD charges 0.06%. SCHD is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, ISVL or SCHD?
Over the past year ISVL returned +19.78% vs +23.87% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), ISVL annualized +11.59% vs +9.55% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ISVL or SCHD?
ISVL has been the more volatile fund at 16.4% annualized versus 14.5% for SCHD. Worst drawdown: ISVL -30.5% vs SCHD -16.9%.
Should I hold both ISVL and SCHD?
ISVL and SCHD have a monthly-return correlation of 0.77, 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, ISVL or SCHD?
ISVL yields 2.94% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ISVL?
SCHD has a lower expense ratio. ISVL led over 3Y, 5Y and the full window, SCHD over 1Y. ISVL is less concentrated, with 9.6% 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.