IUSV vs SCHD
iShares Core S&P US Value ETF vs Schwab US Dividend Equity ETF
Which is better, IUSV or SCHD?
Each has led over a different period.
IUSV has a lower expense ratio. IUSV led over 5Y, SCHD over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. IUSV is less concentrated, with 22.1% 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 | IUSV | SCHD |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.06% |
| AUM | $27.7B | $112.1B |
| Dividend Yield | 1.66% | 3.00% |
| Holdings | 743 | 103 |
| YTD Return | +10.26% | +23.46%Best |
| 1Y Return | +15.32% | +27.20%Best |
| 3Y Return (annualized) | +15.33% | +15.41%Best |
| 5Y Return (annualized) | +11.90%Best | +10.16% |
| Volatility (annualized) | 14.1% | 13.7%Best |
| Max Drawdown | -66.9% | -33.4%Best |
| $10,000 over 5 years | $17,545Best | $16,223 |
| Top 10 Weight | 22.1%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 24, 2000 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 18, 2026 (14.9 years).
IUSV 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 14.9 years both funds cover.
IUSV vs SCHD Performance
iShares Core S&P US Value ETF (IUSV) 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 IUSV returned +15.32% while SCHD returned +27.20%. Year to date, IUSV is up 10.26% versus a gain of 23.46% for SCHD.
Over three years, IUSV compounded at +15.33% per year against +15.41% for SCHD; over five years the annualized figures are +11.90% and +10.16% respectively. Across the full 15-year window we track, SCHD has the edge at +11.25% annualized vs +10.99%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IUSV has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.7% 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 -66.9% for IUSV 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IUSV charges 0.04% per year while SCHD charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, IUSV currently yields 1.66% against 3.00% for SCHD.
Holdings Overlap
15.9% of IUSV's money is in holdings SCHD also owns. 97.9% of SCHD's money is in holdings IUSV also owns.
Most of SCHD is already inside IUSV. Owning both mostly buys the same companies twice.
61 positions in common, counted across the 715 positions we hold weights for in IUSV and 100 in SCHD, against full books of 743 and 103.
What only one of them owns
Our book lists 38 positions for SCHD that do not appear in our book for IUSV (2.1% of the fund), and 634 for IUSV that do not appear in SCHD (82.9%).
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 IUSV | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 1.14% | 4.77% | 3.63% |
| ABTAbbott Laboratories | 0.60% | 4.69% | 4.09% |
| CVXChevron Corp | 1.21% | 4.02% | 2.81% |
| AMGNAmgen Inc. | 0.23% | 4.70% | 4.47% |
| UNHUnitedhealth Group Incorporated | 1.11% | 3.82% | 2.71% |
| HDHome Depot Inc/The | 1.02% | 3.88% | 2.86% |
| PGProcter & Gamble Company | 1.06% | 3.83% | 2.77% |
| KOCoca Cola Co. | 0.62% | 4.17% | 3.55% |
| VZVerizon Communic | 0.65% | 3.97% | 3.32% |
| COPConocophillips Common Stock USD 0.01 | 0.51% | 3.94% | 3.43% |
97.9% of SCHD is already inside IUSV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IUSV or SCHD?
IUSV has an expense ratio of 0.04% while SCHD charges 0.06%. IUSV is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, IUSV or SCHD?
Over the past year IUSV returned +15.32% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IUSV annualized +10.99% vs +11.25% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IUSV or SCHD?
IUSV has been the more volatile fund at 14.1% annualized versus 13.7% for SCHD. Worst drawdown: IUSV -66.9% vs SCHD -33.4%.
Should I hold both IUSV and SCHD?
IUSV and SCHD have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between IUSV and SCHD?
97.9% of SCHD's money is in holdings IUSV also owns. 97.9% of SCHD's is in holdings IUSV also owns. They hold 61 positions in common, counted across the 715 positions we hold weights for in IUSV and 100 in SCHD.
Which pays a higher dividend, IUSV or SCHD?
IUSV yields 1.66% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IUSV?
IUSV has a lower expense ratio. IUSV led over 5Y, SCHD over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. IUSV is less concentrated, with 22.1% 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.