IVV vs SCHI
iShares Core S&P 500 ETF vs Schwab 5-10 Year Corporate Bond ETF
Which is better, IVV or SCHI?
IVV has been ahead.
IVV led over 1Y, 3Y, 5Y and the full window.
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 | SCHI |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $11.4B |
| Dividend Yield | 1.06% | 5.12% |
| Holdings | 508 | 2,329 |
| YTD Return | +11.03%Best | -1.85% |
| 1Y Return | +15.62%Best | -1.27% |
| 3Y Return (annualized) | +20.81%Best | +5.57% |
| 5Y Return (annualized) | +12.61%Best | +0.37% |
| Volatility (annualized) | 16.8% | 7.6%Best |
| Max Drawdown | -33.9% | -20.7%Best |
| $10,000 over 5 years | $18,109Best | $10,186 |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Oct 10, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Sep 16, 2026 (6.9 years).
IVV vs SCHI 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 6.9 years both funds cover.
IVV vs SCHI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Schwab 5-10 Year Corporate Bond ETF (SCHI) is an ETF from Charles Schwab Asset Management. Over the past year IVV returned +15.62% while SCHI returned -1.27%. Year to date, IVV is up 11.03% versus a loss of 1.85% for SCHI.
Over three years, IVV compounded at +20.81% per year against +5.57% for SCHI; over five years the annualized figures are +12.61% and +0.37% respectively. Across the full 7-year window we track, IVV has the edge at +15.85% annualized vs +1.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 7.6% for SCHI. 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 -20.7% for SCHI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHI charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 5.12% for SCHI.
Holdings Overlap
At least 77.3% of IVV's money is in holdings SCHI also owns.
Stated as a floor: for SCHI, our book for it covers 25.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of IVV is already inside SCHI. Owning both mostly buys the same companies twice.
302 positions in common, counted across the 490 positions we hold weights for in IVV and 530 in SCHI, against full books of 508 and 2,329.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SCHI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.07% | 0.18% | 7.89% |
| AAPLApple, Inc | 7.02% | 0.06% | 6.96% |
| MSFTMicrosoft Corp | 5.69% | 0.06% | 5.63% |
| AMZNAmazon.Com Inc | 3.84% | 0.26% | 3.58% |
| AVGOBroadcom Inc | 2.65% | 0.13% | 2.52% |
| GOOGAlphabet Inc | 2.39% | 0.19% | 2.20% |
| METAMeta Platforms Inc | 1.90% | 0.28% | 1.62% |
| MUMicron Technology, Inc. | 1.63% | 0.04% | 1.59% |
| JPMJpmorgan Chase | 1.44% | 0.21% | 1.23% |
| LLYEli Lilly & Co. | 1.38% | 0.07% | 1.31% |
77.3% of IVV is already inside SCHI.
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, IVV or SCHI?
IVV has an expense ratio of 0.03% while SCHI charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SCHI?
Over the past year IVV returned +15.62% vs -1.27% for SCHI, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.85% vs +1.27% for SCHI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SCHI?
IVV has been the more volatile fund at 16.8% annualized versus 7.6% for SCHI. Worst drawdown: IVV -33.9% vs SCHI -20.7%.
Should I hold both IVV and SCHI?
IVV and SCHI have a monthly-return correlation of 0.68, 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 SCHI?
At least 77.3% of IVV's money is in holdings SCHI also owns. Our book for SCHI is partial, so the real figure is this or higher. They hold 302 positions in common, counted across the 490 positions we hold weights for in IVV and 530 in SCHI.
Which pays a higher dividend, IVV or SCHI?
IVV yields 1.06% while SCHI yields 5.12%, so SCHI currently pays the higher dividend yield.
Is SCHI better than IVV?
IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.