RDIV vs SCHD
Invesco S&P Ultra Dividend Revenue ETF vs Schwab US Dividend Equity ETF
Which is better, RDIV or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. RDIV led over 3Y and 5Y, SCHD over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.1%.
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 | RDIV | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $1.4B | $108.9B |
| Dividend Yield | 3.45% | 3.00% |
| Holdings | 126 | 206 |
| YTD Return | +12.17% | +23.29%Best |
| 1Y Return | +16.81% | +29.70%Best |
| 3Y Return (annualized) | +20.37%Best | +16.26% |
| 5Y Return (annualized) | +11.75%Best | +9.65% |
| Volatility (annualized) | 19.1% | 14.3%Best |
| Max Drawdown | -50.9% | -33.4%Best |
| $10,000 over 5 years | $17,428Best | $15,851 |
| Top 10 Weight | 52.1% | 41.8%Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 30, 2013 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 1, 2013 to Oct 13, 2026 (13 years).
RDIV 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 13 years both funds cover.
RDIV vs SCHD Performance
Invesco S&P Ultra Dividend Revenue ETF (RDIV) 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 RDIV returned +16.81% while SCHD returned +29.70%. Year to date, RDIV is up 12.17% versus a gain of 23.29% for SCHD.
Over three years, RDIV compounded at +20.37% per year against +16.26% for SCHD; over five years the annualized figures are +11.75% and +9.65% respectively. Across the full 13-year window we track, SCHD has the edge at +10.37% annualized vs +8.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDIV has been the more volatile fund, with annualized monthly volatility of 19.1% compared with 14.3% 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 -50.9% for RDIV 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
RDIV charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, RDIV currently yields 3.45% against 3.00% for SCHD.
Holdings Overlap
40.2% of RDIV's money is in holdings SCHD also owns. 18.5% of SCHD's money is in holdings RDIV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 61 positions we hold weights for in RDIV and 99 in SCHD, against full books of 126 and 206.
What only one of them owns
Our book lists 87 positions for SCHD that do not appear in our book for RDIV (81.4% of the fund), and 50 for RDIV that do not appear in SCHD (59.8%).
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 RDIV | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 5.60% | 4.29% | 1.31% |
| PEPPepsico Inc. | 5.13% | 3.63% | 1.50% |
| BMYBristol-Myers Squibb Co. | 5.29% | 3.25% | 2.04% |
| CMCSAComcast Corp-class A Cmcsa | 5.41% | 2.25% | 3.16% |
| TGTTARGET CORP | 5.70% | 1.77% | 3.93% |
| FFord Motor Co | 4.89% | 1.37% | 3.52% |
| KMBKimberly-Clark Corp. | 2.90% | 0.82% | 2.08% |
| FNFFidelity Nationa | 2.52% | 0.28% | 2.24% |
| TROWT Rowe Price Grp | 1.30% | 0.57% | 0.73% |
| NXSTNexstar Media Group Inc | 0.91% | 0.12% | 0.79% |
40.2% of RDIV is already inside SCHD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RDIV or SCHD?
RDIV has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, RDIV or SCHD?
Over the past year RDIV returned +16.81% vs +29.70% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), RDIV annualized +8.34% vs +10.37% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RDIV or SCHD?
RDIV has been the more volatile fund at 19.1% annualized versus 14.3% for SCHD. Worst drawdown: RDIV -50.9% vs SCHD -33.4%.
Should I hold both RDIV and SCHD?
RDIV 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 RDIV and SCHD?
40.2% of RDIV's money is in holdings SCHD also owns. 18.5% of SCHD's is in holdings RDIV also owns. They hold 11 positions in common, counted across the 61 positions we hold weights for in RDIV and 99 in SCHD.
Which pays a higher dividend, RDIV or SCHD?
RDIV yields 3.45% while SCHD yields 3.00%, so RDIV currently pays the higher dividend yield.
Is SCHD better than RDIV?
SCHD has a lower expense ratio. RDIV led over 3Y and 5Y, SCHD over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.