Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricIVVMSCHDWinner
Expense Ratio0.50%0.06%
AUM$174M$103.7B
Dividend Yield0.59%3.31%
Holdings14104
YTD Return+8.67%+24.26%
1Y Return+14.65%+31.38%
3Y Return (annualized)+14.01%+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)6.7%13.6%
Max Drawdown-11.6%-33.4%
Fund FamilyiShares by BlackRock (US)Charles Schwab Asset Management
CategoryEquityEquity
InceptionJun 28, 2023Oct 20, 2011

IVVM vs SCHD Performance

iShares Large Cap Moderate Quarterly Laddered ETF (IVVM) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IVVM returned +14.65% while SCHD returned +31.38%. Year to date, IVVM is up 8.67% versus a gain of 24.26% for SCHD.

Over three years, IVVM compounded at +14.01% per year against +15.08% for SCHD. Across the full 3-year window we track, IVVM has the edge at +13.89% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 6.7% for IVVM. 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 -11.6% for IVVM and -33.4% for SCHD. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

IVVM charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, IVVM currently yields 0.59% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

IVVM and SCHD share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, IVVM or SCHD?

IVVM has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.

Which performed better, IVVM or SCHD?

Over the past year IVVM returned +14.65% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), IVVM annualized +13.89% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, IVVM or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 6.7% for IVVM. Worst drawdown: IVVM -11.6% vs SCHD -33.4%.

Should I hold both IVVM and SCHD?

IVVM and SCHD have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between IVVM and SCHD?

IVVM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.

Which pays a higher dividend, IVVM or SCHD?

IVVM yields 0.59% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.