IVV vs SCHK
iShares Core S&P 500 ETF vs Schwab 1000 Index ETF
Quick Verdict
SCHK delivered stronger 1-year returns. SCHK offers more diversification with 982 holdings.
Side-by-Side Comparison
| Metric | IVV | SCHK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $865.2B | $5.7B | |
| Dividend Yield | 1.09% | 1.03% | |
| Holdings | 508 | 991 | |
| YTD Return | +13.72% | +14.06% | |
| 1Y Return | +21.64% | +21.69% | |
| 3Y Return (annualized) | +21.55% | +21.50% | |
| 5Y Return (annualized) | +13.27% | +12.54% | |
| Volatility (annualized) | 15.1% | 16.7% | |
| Max Drawdown | -56.5% | -34.8% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Oct 11, 2017 |
IVV vs SCHK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Schwab 1000 Index ETF (SCHK) is a ETF from Charles Schwab Asset Management. Over the past year IVV returned +21.64% while SCHK returned +21.69%. Year to date, IVV is up 13.72% versus a gain of 14.06% for SCHK.
Over three years, IVV compounded at +21.55% per year against +21.50% for SCHK; over five years the annualized figures are +13.27% and +12.54% respectively. Across the full 9-year window we track, SCHK has the edge at +14.07% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 15.1% 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 -56.5% for IVV and -34.8% for SCHK. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHK charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.09% against 1.03% for SCHK.
Holdings Overlap
IVV and SCHK share 493 holdings out of 994 unique holdings combined, representing a 90.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, IVV or SCHK?
IVV has an expense ratio of 0.03% while SCHK charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IVV or SCHK?
Over the past year IVV returned +21.64% vs +21.69% for SCHK, so SCHK leads on 1-year performance. Over the longest common window we track (9 years), IVV annualized +7.04% vs +14.07% for SCHK. Past performance does not guarantee future results.
Which is riskier, IVV or SCHK?
SCHK has been the more volatile fund at 16.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs SCHK -34.8%.
Should I hold both IVV and SCHK?
IVV and SCHK have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and SCHK?
IVV and SCHK share 493 common holdings with a 90.1% weight overlap. Combined, they hold 994 unique securities.
Which pays a higher dividend, IVV or SCHK?
IVV yields 1.09% while SCHK yields 1.03%, so IVV currently pays the higher dividend yield.
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