IVSS vs SCHD
Applied Finance IVS US SMID ETF vs Schwab US Dividend Equity ETF
Which is better, IVSS or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. IVSS is less concentrated, with 15.9% 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 | IVSS | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $28M | $112.1B |
| Dividend Yield | 0.06% | 3.00% |
| Holdings | 366 | 103 |
| YTD Return | +17.13% | +24.59%Best |
| 1Y Return | - | +28.14% |
| 3Y Return (annualized) | - | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Top 10 Weight | 15.9%Best | 41.8% |
| Fund Family | Applied Finance Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 3, 2025 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
IVSS 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IVSS vs SCHD Performance
Applied Finance IVS US SMID ETF (IVSS) is an ETF from Applied Finance Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, IVSS is up 17.13% versus a gain of 24.59% for SCHD.
Past performance does not guarantee future results.
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 3.00% for SCHD.
Holdings Overlap
0.7% of IVSS's money is in holdings SCHD also owns. 0.2% of SCHD's money is in holdings IVSS also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
6 positions in common, counted across the 357 positions we hold weights for in IVSS and 100 in SCHD, against full books of 366 and 103.
What only one of them owns
Our book lists 93 positions for SCHD that do not appear in our book for IVSS (99.7% of the fund), and 330 for IVSS that do not appear in SCHD (95.3%).
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.
You are not choosing between two funds in isolation.
Whichever of IVSS 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, IVSS or SCHD?
IVSS has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option, by $53 a year on a $10,000 investment.
Which pays a higher dividend, IVSS or SCHD?
IVSS yields 0.06% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IVSS?
SCHD has a lower expense ratio. IVSS is less concentrated, with 15.9% 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.