IVSS vs SCHD
Applied Finance IVS US SMID ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. IVSS offers more diversification with 355 holdings.
Side-by-Side Comparison
| Metric | IVSS | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.06% | |
| AUM | $29M | $108.7B | |
| Dividend Yield | 0.06% | 3.13% | |
| Holdings | 355 | 104 | |
| YTD Return | +21.00% | +28.63% | |
| 1Y Return | - | +32.53% | |
| 3Y Return (annualized) | - | +16.97% | |
| 5Y Return (annualized) | - | +10.47% | |
| Volatility (annualized) | - | 13.7% | |
| Max Drawdown | -8.3% | -33.4% | |
| Fund Family | Applied Finance Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 3, 2025 | Oct 20, 2011 |
IVSS vs SCHD Performance
Applied Finance IVS US SMID ETF (IVSS) is a ETF from Applied Finance Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, IVSS is up 21.00% versus a gain of 28.63% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -8.3% for IVSS and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
IVSS charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, IVSS currently yields 0.06% against 3.13% for SCHD.
Holdings Overlap
IVSS and SCHD share 6 holdings out of 459 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVSS or SCHD?
IVSS has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
What is the holdings overlap between IVSS and SCHD?
IVSS and SCHD share 6 common holdings with a 0.3% weight overlap. Combined, they hold 459 unique securities.
Which pays a higher dividend, IVSS or SCHD?
IVSS yields 0.06% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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