IVV vs SCHF
iShares Core S&P 500 ETF vs Schwab International Equity ETF
Which is better, IVV or SCHF?
Each has led over a different period.
IVV led over 3Y, 5Y and the full window, SCHF over 1Y. SCHF is less concentrated, with 13.8% of the fund in its ten largest positions against 37.8%.
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 | IVV | SCHF |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $69.4B |
| Dividend Yield | 1.06% | 2.98% |
| Holdings | 508 | 1,493 |
| YTD Return | +14.15% | +16.13%Best |
| 1Y Return | +17.31% | +24.84%Best |
| 3Y Return (annualized) | +23.17%Best | +21.38% |
| 5Y Return (annualized) | +13.85%Best | +10.67% |
| Volatility (annualized) | 14.4%Best | 15.6% |
| Max Drawdown | -33.9%Best | -38.6% |
| $10,000 over 5 years | $19,128Best | $16,602 |
| Top 10 Weight | 37.8% | 13.8%Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 15, 2000 | Nov 3, 2009 |
Volatility and max drawdown are measured over the window both funds cover: Nov 3, 2009 to Sep 21, 2026 (16.9 years).
IVV vs SCHF 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 16.9 years both funds cover.
IVV vs SCHF Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Schwab International Equity ETF (SCHF) is an ETF from Charles Schwab Asset Management. Over the past year IVV returned +17.31% while SCHF returned +24.84%. Year to date, IVV is up 14.15% versus a gain of 16.13% for SCHF.
Over three years, IVV compounded at +23.17% per year against +21.38% for SCHF; over five years the annualized figures are +13.85% and +10.67% respectively. Across the full 17-year window we track, IVV has the edge at +13.12% annualized vs +6.03%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHF has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.4% for IVV. 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 -33.9% for IVV and -38.6% for SCHF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHF charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 2.98% for SCHF.
Holdings Overlap
0.1% of IVV's money is in holdings SCHF also owns. 1.1% of SCHF's money is in holdings IVV also owns.
SCHF and IVV share little of their money.
2 positions in common, counted across the 490 positions we hold weights for in IVV and 1,447 in SCHF, against full books of 508 and 1,493.
What only one of them owns
Our book lists 19 positions for SCHF that do not appear in our book for IVV (2.6% of the fund), and 480 for IVV that do not appear in SCHF (98.5%).
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 IVV and SCHF 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, IVV or SCHF?
IVV has an expense ratio of 0.03% while SCHF charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SCHF?
Over the past year IVV returned +17.31% vs +24.84% for SCHF, so SCHF leads on 1-year performance. Over the longest common window we track (17 years), IVV annualized +13.12% vs +6.03% for SCHF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SCHF?
SCHF has been the more volatile fund at 15.6% annualized versus 14.4% for IVV. Worst drawdown: IVV -33.9% vs SCHF -38.6%.
Should I hold both IVV and SCHF?
IVV and SCHF have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and SCHF?
1.1% of SCHF's money is in holdings IVV also owns. 1.1% of SCHF's is in holdings IVV also owns. They hold 2 positions in common, counted across the 490 positions we hold weights for in IVV and 1,447 in SCHF.
Which pays a higher dividend, IVV or SCHF?
IVV yields 1.06% while SCHF yields 2.98%, so SCHF currently pays the higher dividend yield.
Is SCHF better than IVV?
IVV led over 3Y, 5Y and the full window, SCHF over 1Y. SCHF is less concentrated, with 13.8% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.