IWMW vs SCHD
iShares Russell 2000 BuyWrite ETF vs Schwab US Dividend Equity ETF
Which is better, IWMW or SCHD?
Small Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | IWMW | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $57M | $112.1B |
| Dividend Yield | 20.34% | 3.00% |
| Holdings | 4 | 103 |
| YTD Return | -1.15% | +24.59%Best |
| 1Y Return | +0.74% | +28.14%Best |
| 3Y Return (annualized) | - | +15.58% |
| 5Y Return (annualized) | - | +9.90% |
| Volatility (annualized) | 12.2%Best | 13.2% |
| Max Drawdown | -21.8% | -16.1%Best |
| $10,000 over 2.5 years | $11,185 | $14,244Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Mar 14, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 15, 2024 to Sep 10, 2026 (2.5 years).
IWMW vs SCHD 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 2.5 years both funds cover.
IWMW vs SCHD Performance
iShares Russell 2000 BuyWrite ETF (IWMW) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IWMW returned +0.74% while SCHD returned +28.14%. Year to date, IWMW is down 1.15% versus a gain of 24.59% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 12.2% for IWMW. 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 -21.8% for IWMW and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.55. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IWMW charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, IWMW currently yields 20.34% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in IWMW and 100 in SCHD, totalling 101.1% and 100.0% 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 2 positions we hold weights for in IWMW and 100 in SCHD, against full books of 4 and 103.
You are not choosing between two funds in isolation.
Whichever of IWMW and SCHD 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, IWMW or SCHD?
IWMW has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, IWMW or SCHD?
Over the past year IWMW returned +0.74% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IWMW or SCHD?
SCHD has been the more volatile fund at 13.2% annualized versus 12.2% for IWMW. Worst drawdown: IWMW -21.8% vs SCHD -16.1%.
Should I hold both IWMW and SCHD?
IWMW and SCHD have a monthly-return correlation of 0.55, 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, IWMW or SCHD?
IWMW yields 20.34% while SCHD yields 3.00%, so IWMW currently pays the higher dividend yield.
Is SCHD better than IWMW?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.