IVV vs SCHJ
iShares Core S&P 500 ETF vs Schwab 1-5 Year Corporate Bond ETF
Which is better, IVV or SCHJ?
Large Cap Blend against Short Term Bond.
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 | SCHJ |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $876.4B | $853M |
| Dividend Yield | 1.06% | 4.53% |
| Holdings | 508 | 3,273 |
| YTD Return | +11.03%Best | +0.30% |
| 1Y Return | +15.62%Best | +1.40% |
| 3Y Return (annualized) | +20.81%Best | +5.15% |
| 5Y Return (annualized) | +12.61%Best | +2.13% |
| Volatility (annualized) | 16.8% | 3.4%Best |
| Max Drawdown | -33.9% | -13.6%Best |
| $10,000 over 5 years | $18,109Best | $11,111 |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Short Term Bond |
| 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 SCHJ 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.
IVV vs SCHJ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Schwab 1-5 Year Corporate Bond ETF (SCHJ) is an ETF from Charles Schwab Asset Management. Over the past year IVV returned +15.62% while SCHJ returned +1.40%. Year to date, IVV is up 11.03% versus a gain of 0.30% for SCHJ.
Over three years, IVV compounded at +20.81% per year against +5.15% for SCHJ; over five years the annualized figures are +12.61% and +2.13% respectively. Across the full 7-year window we track, IVV has the edge at +15.85% annualized vs +1.97%.
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 3.4% for SCHJ. 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 -13.6% for SCHJ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHJ charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 4.53% for SCHJ.
Holdings Overlap
At least 0.3% of IVV's money is in holdings SCHJ also owns.
Stated as a floor: for SCHJ, our book for it covers 79.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
4 positions in common, counted across the 490 positions we hold weights for in IVV and 2,695 in SCHJ, against full books of 508 and 3,273.
You are not choosing between two funds in isolation.
Whichever of IVV and SCHJ 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 SCHJ?
IVV has an expense ratio of 0.03% while SCHJ charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SCHJ?
Over the past year IVV returned +15.62% vs +1.40% for SCHJ, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +15.85% vs +1.97% for SCHJ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SCHJ?
IVV has been the more volatile fund at 16.8% annualized versus 3.4% for SCHJ. Worst drawdown: IVV -33.9% vs SCHJ -13.6%.
Should I hold both IVV and SCHJ?
IVV and SCHJ have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or SCHJ?
IVV yields 1.06% while SCHJ yields 4.53%, so SCHJ currently pays the higher dividend yield.
Is SCHJ 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.