IVV vs SCHY
iShares Core S&P 500 ETF vs Schwab International Dividend Equity ETF
Which is better, IVV or SCHY?
Large Cap Blend against All Cap Blend.
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, SCHY over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.6%.
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 | SCHY |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.08% |
| AUM | $876.4B | $2.6B |
| Dividend Yield | 1.06% | 3.34% |
| Holdings | 508 | 104 |
| YTD Return | +11.03%Best | +10.40% |
| 1Y Return | +15.62% | +18.98%Best |
| 3Y Return (annualized) | +20.81%Best | +15.88% |
| 5Y Return (annualized) | +12.61%Best | +8.82% |
| Volatility (annualized) | 15.4% | 13.7%Best |
| Max Drawdown | -24.5% | -24.0%Best |
| $10,000 over 5 years | $18,109Best | $15,260 |
| Top 10 Weight | 37.8%Best | 39.6% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | All Cap Blend |
| Inception | May 15, 2000 | Apr 28, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Apr 29, 2021 to Sep 16, 2026 (5.4 years).
IVV vs SCHY 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 5.4 years both funds cover.
IVV vs SCHY Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Schwab International Dividend Equity ETF (SCHY) is an ETF from Charles Schwab Asset Management. Over the past year IVV returned +15.62% while SCHY returned +18.98%. Year to date, IVV is up 11.03% versus a gain of 10.40% for SCHY.
Over three years, IVV compounded at +20.81% per year against +15.88% for SCHY; over five years the annualized figures are +12.61% and +8.82% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 13.7% for SCHY. 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 -24.5% for IVV and -24.0% for SCHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHY charges 0.08%. On a $10,000 position that is $3 vs $8 annually, a gap of $5 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 3.34% for SCHY.
Holdings Overlap
0.1% of IVV's money is in holdings SCHY also owns. 4.3% of SCHY's money is in holdings IVV also owns.
SCHY and IVV share little of their money.
1 positions in common, counted across the 490 positions we hold weights for in IVV and 102 in SCHY, against full books of 508 and 104.
What only one of them owns
Our book lists 6 positions for SCHY that do not appear in our book for IVV (1.2% of the fund), and 481 for IVV that do not appear in SCHY (98.6%).
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.
Top Shared Holdings
| Stock | Weight in IVV | Weight in SCHY | Difference |
|---|---|---|---|
| ROPRoper Technologies Inc. | 0.06% | 4.26% | 4.20% |
You are not choosing between two funds in isolation.
Whichever of IVV and SCHY 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 SCHY?
IVV has an expense ratio of 0.03% while SCHY charges 0.08%. IVV is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, IVV or SCHY?
Over the past year IVV returned +15.62% vs +18.98% for SCHY, so SCHY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SCHY?
IVV has been the more volatile fund at 15.4% annualized versus 13.7% for SCHY. Worst drawdown: IVV -24.5% vs SCHY -24.0%.
Should I hold both IVV and SCHY?
IVV and SCHY have a monthly-return correlation of 0.59, 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 SCHY?
4.3% of SCHY's money is in holdings IVV also owns. 4.3% of SCHY's is in holdings IVV also owns. They hold 1 positions in common, counted across the 490 positions we hold weights for in IVV and 102 in SCHY.
Which pays a higher dividend, IVV or SCHY?
IVV yields 1.06% while SCHY yields 3.34%, so SCHY currently pays the higher dividend yield.
Is SCHY better than IVV?
IVV has a lower expense ratio. IVV led over 3Y, 5Y and the full window, SCHY over 1Y. IVV is less concentrated, with 37.8% of the fund in its ten largest positions against 39.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.