POWA vs SCHD
Invesco Bloomberg Pricing Power ETF vs Schwab US Dividend Equity ETF
Which is better, POWA or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. POWA is less concentrated, with 23.9% 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 | POWA | SCHD |
|---|---|---|
| Expense Ratio | 0.40% | 0.06%Best |
| AUM | $175M | $112.1B |
| Dividend Yield | 0.94% | 3.00% |
| Holdings | 52 | 103 |
| YTD Return | -3.31% | +23.46%Best |
| 1Y Return | -2.58% | +27.20%Best |
| 3Y Return (annualized) | +9.84% | +15.41%Best |
| 5Y Return (annualized) | +6.33% | +10.16%Best |
| Volatility (annualized) | 12.5%Best | 13.7% |
| Max Drawdown | -36.5% | -33.4%Best |
| $10,000 over 5 years | $13,592 | $16,223Best |
| Top 10 Weight | 23.9%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 15, 2006 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 18, 2026 (14.9 years).
POWA 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.
POWA vs SCHD Performance
Invesco Bloomberg Pricing Power ETF (POWA) 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 POWA returned -2.58% while SCHD returned +27.20%. Year to date, POWA is down 3.31% versus a gain of 23.46% for SCHD.
Over three years, POWA compounded at +9.84% per year against +15.41% for SCHD; over five years the annualized figures are +6.33% and +10.16% respectively. Across the full 15-year window we track, SCHD has the edge at +11.25% annualized vs +10.30%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 12.5% for POWA. 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 -36.5% for POWA 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
POWA charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, POWA currently yields 0.94% against 3.00% for SCHD.
Holdings Overlap
12.7% of POWA's money is in holdings SCHD also owns. 13.1% of SCHD's money is in holdings POWA also owns.
SCHD and POWA share little of their money.
6 positions in common, counted across the 51 positions we hold weights for in POWA and 100 in SCHD, against full books of 52 and 103.
What only one of them owns
Our book lists 93 positions for SCHD that do not appear in our book for POWA (86.8% of the fund), and 43 for POWA that do not appear in SCHD (83.4%).
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.
You are not choosing between two funds in isolation.
Whichever of POWA 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, POWA or SCHD?
POWA has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, POWA or SCHD?
Over the past year POWA returned -2.58% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), POWA annualized +10.30% vs +11.25% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POWA or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 12.5% for POWA. Worst drawdown: POWA -36.5% vs SCHD -33.4%.
Should I hold both POWA and SCHD?
POWA and SCHD have a monthly-return correlation of 0.86, 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 POWA and SCHD?
13.1% of SCHD's money is in holdings POWA also owns. 13.1% of SCHD's is in holdings POWA also owns. They hold 6 positions in common, counted across the 51 positions we hold weights for in POWA and 100 in SCHD.
Which pays a higher dividend, POWA or SCHD?
POWA yields 0.94% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than POWA?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. POWA is less concentrated, with 23.9% 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.