IVV vs SCHZ
iShares Core S&P 500 ETF vs Schwab US Aggregate Bond ETF
Which is better, IVV or SCHZ?
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 | SCHZ |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $882.6B | $10.5B |
| Dividend Yield | 1.06% | 4.20% |
| Holdings | 508 | 24,843 |
| YTD Return | +14.90%Best | -2.31% |
| 1Y Return | +17.30%Best | -1.54% |
| 3Y Return (annualized) | +23.04%Best | +4.17% |
| 5Y Return (annualized) | +13.97%Best | -0.51% |
| Volatility (annualized) | 14.3% | 4.6%Best |
| Max Drawdown | -33.9% | -19.7%Best |
| $10,000 over 5 years | $19,229Best | $9,748 |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | - |
| Inception | May 15, 2000 | Jul 14, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2011 to Oct 9, 2026 (15.2 years).
IVV vs SCHZ 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 SCHZ Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and Schwab US Aggregate Bond ETF (SCHZ) is an ETF from Charles Schwab Asset Management. Over the past year IVV returned +17.30% while SCHZ returned -1.54%. Year to date, IVV is up 14.90% versus a loss of 2.31% for SCHZ.
Over three years, IVV compounded at +23.04% per year against +4.17% for SCHZ; over five years the annualized figures are +13.97% and -0.51% respectively. Across the full 15-year window we track, IVV has the edge at +13.00% annualized vs +0.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 4.6% for SCHZ. 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 -19.7% for SCHZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHZ charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.06% against 4.20% for SCHZ.
Holdings Overlap
We hold position weights for 505 holdings in IVV and 1,656 in SCHZ, totalling 99.9% and 2.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 505 positions we hold weights for in IVV and 1,656 in SCHZ, against full books of 508 and 24,843.
You are not choosing between two funds in isolation.
Whichever of IVV and SCHZ 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 SCHZ?
IVV has an expense ratio of 0.03% while SCHZ charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, IVV or SCHZ?
Over the past year IVV returned +17.30% vs -1.54% for SCHZ, so IVV leads on 1-year performance. Over the longest common window we track (15 years), IVV annualized +13.00% vs +0.42% for SCHZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or SCHZ?
IVV has been the more volatile fund at 14.3% annualized versus 4.6% for SCHZ. Worst drawdown: IVV -33.9% vs SCHZ -19.7%.
Should I hold both IVV and SCHZ?
IVV and SCHZ have a monthly-return correlation of 0.36, 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 SCHZ?
IVV yields 1.06% while SCHZ yields 4.20%, so SCHZ currently pays the higher dividend yield.
Is SCHZ 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.