IWMY vs SCHD
Defiance R2000 Weekly Distribution ETF vs Schwab US Dividend Equity ETF
Which is better, IWMY or SCHD?
Option Writing 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 | IWMY | SCHD |
|---|---|---|
| Expense Ratio | 1.05% | 0.06%Best |
| AUM | $95M | $112.1B |
| Dividend Yield | 40.14% | 3.00% |
| Holdings | 10 | 103 |
| YTD Return | +9.44% | +25.07%Best |
| 1Y Return | +7.95% | +27.61%Best |
| 3Y Return (annualized) | - | +15.74% |
| 5Y Return (annualized) | - | +9.89% |
| Volatility (annualized) | 14.7% | 13.0%Best |
| Max Drawdown | -35.7% | -16.1%Best |
| $10,000 over 2.9 years | $9,492 | $16,755Best |
| Fund Family | Defiance ETFs, LLC | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Oct 30, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Oct 31, 2023 to Sep 11, 2026 (2.9 years).
IWMY 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 2.9 years both funds cover.
IWMY vs SCHD Performance
Defiance R2000 Weekly Distribution ETF (IWMY) is an ETF from Defiance ETFs, LLC and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year IWMY returned +7.95% while SCHD returned +27.61%. Year to date, IWMY is up 9.44% versus a gain of 25.07% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWMY has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 13.0% 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 -35.7% for IWMY 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IWMY charges 1.05% per year while SCHD charges 0.06%. On a $10,000 position that is $105 vs $6 annually, a gap of $99 per year that compounds over a long holding period. On income, IWMY currently yields 40.14% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1 holding in IWMY and 100 in SCHD, totalling 6.1% 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 1 positions we hold weights for in IWMY and 100 in SCHD, against full books of 10 and 103.
You are not choosing between two funds in isolation.
Whichever of IWMY 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, IWMY or SCHD?
IWMY has an expense ratio of 1.05% while SCHD charges 0.06%. SCHD is the cheaper option, by $99 a year on a $10,000 investment.
Which performed better, IWMY or SCHD?
Over the past year IWMY returned +7.95% vs +27.61% 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, IWMY or SCHD?
IWMY has been the more volatile fund at 14.7% annualized versus 13.0% for SCHD. Worst drawdown: IWMY -35.7% vs SCHD -16.1%.
Should I hold both IWMY and SCHD?
IWMY and SCHD have a monthly-return correlation of 0.42, 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, IWMY or SCHD?
IWMY yields 40.14% while SCHD yields 3.00%, so IWMY currently pays the higher dividend yield.
Is SCHD better than IWMY?
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.