PFIG vs SCHD
Invesco Fundamental Investment Grade Corporate Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. PFIG offers more diversification with 733 holdings.
Side-by-Side Comparison
| Metric | PFIG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.22% | 0.06% | |
| AUM | $116M | $103.7B | |
| Dividend Yield | 4.41% | 3.31% | |
| Holdings | 803 | 104 | |
| YTD Return | +0.25% | +24.26% | |
| 1Y Return | +2.70% | +31.38% | |
| 3Y Return (annualized) | +5.19% | +15.08% | |
| 5Y Return (annualized) | +1.24% | +9.72% | |
| Volatility (annualized) | 4.3% | 13.6% | |
| Max Drawdown | -15.6% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 15, 2011 | Oct 20, 2011 |
PFIG vs SCHD Performance
Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PFIG returned +2.70% while SCHD returned +31.38%. Year to date, PFIG is up 0.25% versus a gain of 24.26% for SCHD.
Over three years, PFIG compounded at +5.19% per year against +15.08% for SCHD; over five years the annualized figures are +1.24% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +1.09%. 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 4.3% for PFIG. 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 -15.6% for PFIG 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PFIG charges 0.22% per year while SCHD charges 0.06%. On a $10,000 position that is $22 vs $6 annually, a gap of $16 per year that compounds over a long holding period. On income, PFIG currently yields 4.41% against 3.31% for SCHD.
Holdings Overlap
PFIG and SCHD share 1 holdings out of 832 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PFIG | Weight in SCHD | Difference |
|---|---|---|---|
| DVN | 0.10% | 1.31% | 1.21% |
Frequently Asked Questions
Which is cheaper, PFIG or SCHD?
PFIG has an expense ratio of 0.22% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, PFIG or SCHD?
Over the past year PFIG returned +2.70% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PFIG annualized +1.09% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, PFIG or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 4.3% for PFIG. Worst drawdown: PFIG -15.6% vs SCHD -33.4%.
Should I hold both PFIG and SCHD?
PFIG and SCHD have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PFIG and SCHD?
PFIG and SCHD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 832 unique securities.
Which pays a higher dividend, PFIG or SCHD?
PFIG yields 4.41% while SCHD yields 3.31%, so PFIG currently pays the higher dividend yield.
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