SCHD vs SLVP
Schwab US Dividend Equity ETF vs iShares MSCI Global Silver and Metals Miners ETF
Quick Verdict
SCHD has a lower expense ratio. SLVP delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | SCHD | SLVP | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.39% | |
| AUM | $108.7B | $950M | |
| Dividend Yield | 3.13% | 2.28% | |
| Holdings | 104 | 50 | |
| YTD Return | +26.54% | +9.25% | |
| 1Y Return | +30.90% | +88.65% | |
| 3Y Return (annualized) | +16.29% | +60.53% | |
| 5Y Return (annualized) | +9.65% | +23.25% | |
| Volatility (annualized) | 13.6% | 42.1% | |
| Max Drawdown | -33.4% | -80.6% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jan 31, 2012 |
SCHD vs SLVP Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares MSCI Global Silver and Metals Miners ETF (SLVP) is a ETF from iShares by BlackRock (US). Over the past year SCHD returned +30.90% while SLVP returned +88.65%. Year to date, SCHD is up 26.54% versus a gain of 9.25% for SLVP.
Over three years, SCHD compounded at +16.29% per year against +60.53% for SLVP; over five years the annualized figures are +9.65% and +23.25% respectively. Across the full 15-year window we track, SCHD has the edge at +11.51% annualized vs +4.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLVP has been the more volatile fund, with annualized monthly volatility of 42.1% 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 -33.4% for SCHD and -80.6% for SLVP. 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 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SLVP charges 0.39%. On a $10,000 position that is $6 vs $39 annually, a gap of $33 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 2.28% for SLVP.
Holdings Overlap
SCHD and SLVP share 0 holdings out of 136 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or SLVP?
SCHD has an expense ratio of 0.06% while SLVP charges 0.39%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, SCHD or SLVP?
Over the past year SCHD returned +30.90% vs +88.65% for SLVP, so SLVP leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.51% vs +4.02% for SLVP. Past performance does not guarantee future results.
Which is riskier, SCHD or SLVP?
SLVP has been the more volatile fund at 42.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SLVP -80.6%.
Should I hold both SCHD and SLVP?
SCHD and SLVP have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SLVP?
SCHD and SLVP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 136 unique securities.
Which pays a higher dividend, SCHD or SLVP?
SCHD yields 3.13% while SLVP yields 2.28%, so SCHD currently pays the higher dividend yield.
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