IYJ vs SCHD
iShares US Industrials ETF vs Schwab US Dividend Equity ETF
Which is better, IYJ or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. IYJ led over 3Y and the full window, SCHD over 1Y and 5Y. IYJ is less concentrated, with 36.6% of the fund in its ten largest positions against 41.8%.
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 | IYJ | SCHD |
|---|---|---|
| Expense Ratio | 0.38% | 0.06%Best |
| AUM | $1.9B | $112.1B |
| Dividend Yield | 0.73% | 3.00% |
| Holdings | 215 | 103 |
| YTD Return | +4.36% | +23.68%Best |
| 1Y Return | +7.54% | +28.36%Best |
| 3Y Return (annualized) | +16.30%Best | +16.20% |
| 5Y Return (annualized) | +8.44% | +10.07%Best |
| Volatility (annualized) | 16.6% | 13.7%Best |
| Max Drawdown | -40.2% | -33.4%Best |
| $10,000 over 5 years | $14,995 | $16,156Best |
| Top 10 Weight | 36.6%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 12, 2000 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 22, 2026 (14.9 years).
IYJ 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 14.9 years both funds cover.
IYJ vs SCHD Performance
iShares US Industrials ETF (IYJ) 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 IYJ returned +7.54% while SCHD returned +28.36%. Year to date, IYJ is up 4.36% versus a gain of 23.68% for SCHD.
Over three years, IYJ compounded at +16.30% per year against +16.20% for SCHD; over five years the annualized figures are +8.44% and +10.07% respectively. Across the full 15-year window we track, IYJ has the edge at +12.07% annualized vs +11.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYJ has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 13.7% 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 -40.2% for IYJ and -33.4% 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYJ charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, IYJ currently yields 0.73% against 3.00% for SCHD.
Holdings Overlap
6.3% of IYJ's money is in holdings SCHD also owns. 12.6% of SCHD's money is in holdings IYJ also owns.
SCHD and IYJ share little of their money.
11 positions in common, counted across the 212 positions we hold weights for in IYJ and 100 in SCHD, against full books of 215 and 103.
What only one of them owns
Our book lists 88 positions for SCHD that do not appear in our book for IYJ (87.4% of the fund), and 194 for IYJ that do not appear in SCHD (88.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IYJ | Weight in SCHD | Difference |
|---|---|---|---|
| ACNAccenture Plc | 1.42% | 2.84% | 1.42% |
| ADPAutomatic Data Processing, Inc. | 1.40% | 2.79% | 1.39% |
| LMTLockheed Martin Corp | 1.39% | 2.78% | 1.39% |
| UPSUnited Parcel Service, Inc | 0.95% | 1.90% | 0.95% |
| PAYXPaychex, Inc. | 0.50% | 1.00% | 0.50% |
| SNASnap-On Inc. | 0.24% | 0.49% | 0.25% |
| WSOWatsco Inc | 0.13% | 0.26% | 0.13% |
| BAHBooz Allen Hamilton Holding Corp. | 0.11% | 0.22% | 0.11% |
| MSMMsc Industrial Direct Co Inc | 0.07% | 0.13% | 0.06% |
| RHIRobert Half International Inc. | 0.05% | 0.11% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of IYJ 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, IYJ or SCHD?
IYJ has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IYJ or SCHD?
Over the past year IYJ returned +7.54% vs +28.36% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IYJ annualized +12.07% vs +11.26% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IYJ or SCHD?
IYJ has been the more volatile fund at 16.6% annualized versus 13.7% for SCHD. Worst drawdown: IYJ -40.2% vs SCHD -33.4%.
Should I hold both IYJ and SCHD?
IYJ and SCHD have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IYJ and SCHD?
12.6% of SCHD's money is in holdings IYJ also owns. 12.6% of SCHD's is in holdings IYJ also owns. They hold 11 positions in common, counted across the 212 positions we hold weights for in IYJ and 100 in SCHD.
Which pays a higher dividend, IYJ or SCHD?
IYJ yields 0.73% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IYJ?
SCHD has a lower expense ratio. IYJ led over 3Y and the full window, SCHD over 1Y and 5Y. IYJ is less concentrated, with 36.6% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.