PID vs SCHD
Invesco International Dividend Achievers ETF vs Schwab US Dividend Equity ETF
Which is better, PID or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. PID is less concentrated, with 31.1% of the fund in its ten largest positions against 41.5%.
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 | PID | SCHD |
|---|---|---|
| Expense Ratio | 0.53% | 0.06%Best |
| AUM | $907M | $112.2B |
| Dividend Yield | 3.42% | 3.13% |
| Holdings | 66 | 103 |
| YTD Return | +6.15% | +27.56%Best |
| 1Y Return | +12.46% | +30.29%Best |
| 3Y Return (annualized) | +13.40% | +16.37%Best |
| 5Y Return (annualized) | +8.70% | +10.23%Best |
| Volatility (annualized) | 15.6% | 13.6%Best |
| Max Drawdown | -52.4% | -33.4%Best |
| $10,000 over 5 years | $15,176 | $16,274Best |
| Top 10 Weight | 31.1%Best | 41.5% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 15, 2005 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
PID 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.
PID vs SCHD Performance
Invesco International Dividend Achievers ETF (PID) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PID returned +12.46% while SCHD returned +30.29%. Year to date, PID is up 6.15% versus a gain of 27.56% for SCHD.
Over three years, PID compounded at +13.40% per year against +16.37% for SCHD; over five years the annualized figures are +8.70% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +4.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PID has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -52.4% for PID 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PID charges 0.53% per year while SCHD charges 0.06%. On a $10,000 position that is $53 vs $6 annually, a gap of $47 per year that compounds over a long holding period. On income, PID currently yields 3.42% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 63 holdings in PID and 100 in SCHD, totalling 100.0% 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 63 positions we hold weights for in PID and 100 in SCHD, against full books of 66 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for PID (99.9% of the fund), and 12 for PID that do not appear in SCHD (18.7%).
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.
You are not choosing between two funds in isolation.
Whichever of PID 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, PID or SCHD?
PID has an expense ratio of 0.53% while SCHD charges 0.06%. SCHD is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, PID or SCHD?
Over the past year PID returned +12.46% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PID annualized +4.36% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PID or SCHD?
PID has been the more volatile fund at 15.6% annualized versus 13.6% for SCHD. Worst drawdown: PID -52.4% vs SCHD -33.4%.
Should I hold both PID and SCHD?
PID and SCHD have a monthly-return correlation of 0.80, 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, PID or SCHD?
PID yields 3.42% while SCHD yields 3.13%, so PID currently pays the higher dividend yield.
Is SCHD better than PID?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. PID is less concentrated, with 31.1% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.