IWLG vs SCHD
NYLI Winslow Large Cap Growth ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | IWLG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $334M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 42 | 104 | |
| YTD Return | +3.45% | +27.67% | |
| 1Y Return | +8.23% | +31.26% | |
| 3Y Return (annualized) | +21.39% | +16.66% | |
| 5Y Return (annualized) | - | +10.18% | |
| Volatility (annualized) | 19.1% | 13.6% | |
| Max Drawdown | -23.2% | -33.4% | |
| Fund Family | New York Life Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 22, 2022 | Oct 20, 2011 |
IWLG vs SCHD Performance
NYLI Winslow Large Cap Growth ETF (IWLG) is a ETF from New York Life Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IWLG returned +8.23% while SCHD returned +31.26%. Year to date, IWLG is up 3.45% versus a gain of 27.67% for SCHD.
Over three years, IWLG compounded at +21.39% per year against +16.66% for SCHD. Across the full 4-year window we track, IWLG has the edge at +21.21% annualized vs +11.57%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWLG has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 13.6% for SCHD. 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 -23.2% for IWLG 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 0.41. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IWLG 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, IWLG currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
IWLG and SCHD share 0 holdings out of 142 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, IWLG or SCHD?
IWLG 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, IWLG or SCHD?
Over the past year IWLG returned +8.23% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), IWLG annualized +21.21% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, IWLG or SCHD?
IWLG has been the more volatile fund at 19.1% annualized versus 13.6% for SCHD. Worst drawdown: IWLG -23.2% vs SCHD -33.4%.
Should I hold both IWLG and SCHD?
IWLG and SCHD have a monthly-return correlation of 0.41, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IWLG and SCHD?
IWLG and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 142 unique securities.
Which pays a higher dividend, IWLG or SCHD?
IWLG yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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