SCHD vs SVAL
Schwab US Dividend Equity ETF vs iShares US Small Cap Value Factor ETF
Which is better, SCHD or SVAL?
Large Cap Value against Small Cap Value.
SCHD has a lower expense ratio. SCHD led over 5Y, SVAL over 1Y, 3Y and the full window. SVAL is less concentrated, with 6.8% 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 | SCHD | SVAL |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.20% |
| AUM | $112.2B | $213M |
| Dividend Yield | 3.13% | 2.05% |
| Holdings | 103 | 262 |
| YTD Return | +27.56% | +27.64%Best |
| 1Y Return | +30.29% | +30.52%Best |
| 3Y Return (annualized) | +16.37% | +19.14%Best |
| 5Y Return (annualized) | +10.23%Best | +10.19% |
| Volatility (annualized) | 15.2%Best | 21.8% |
| Max Drawdown | -16.9%Best | -27.4% |
| $10,000 over 5 years | $16,274Best | $16,245 |
| Top 10 Weight | 41.5% | 6.8%Best |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Value |
| Inception | Oct 20, 2011 | Oct 27, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Oct 29, 2020 to Sep 4, 2026 (5.8 years).
SCHD vs SVAL 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 5.8 years both funds cover.
SCHD vs SVAL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares US Small Cap Value Factor ETF (SVAL) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +30.29% while SVAL returned +30.52%. Year to date, SCHD is up 27.56% versus a gain of 27.64% for SVAL.
Over three years, SCHD compounded at +16.37% per year against +19.14% for SVAL; over five years the annualized figures are +10.23% and +10.19% respectively. Across the full 6-year window we track, SVAL has the edge at +17.38% annualized vs +15.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SVAL has been the more volatile fund, with annualized monthly volatility of 21.8% compared with 15.2% 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 -16.9% for SCHD and -27.4% for SVAL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SVAL charges 0.20%. On a $10,000 position that is $6 vs $20 annually, a gap of $14 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 2.05% for SVAL.
Holdings Overlap
0.4% of SCHD's money is in holdings SVAL also owns. 2.9% of SVAL's money is in holdings SCHD also owns.
SVAL and SCHD share little of their money.
7 positions in common, counted across the 100 positions we hold weights for in SCHD and 240 in SVAL, against full books of 103 and 262.
What only one of them owns
Our book lists 220 positions for SVAL that do not appear in our book for SCHD (92.3% of the fund), and 91 for SCHD that do not appear in SVAL (99.3%).
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 SCHD | Weight in SVAL | Difference |
|---|---|---|---|
| KFYKorn Ferry | 0.11% | 0.47% | 0.36% |
| SRCE1St Source Corp_None_0 | 0.04% | 0.46% | 0.42% |
| THFFFirst Financial Corporation | 0.02% | 0.47% | 0.45% |
| BANRBanner Corp | 0.06% | 0.39% | 0.33% |
| MURMurphy Oil Corporation | 0.11% | 0.33% | 0.22% |
| ETDEthan Allen Interiors Inc | 0.01% | 0.43% | 0.42% |
| HAFCHanmi Financial Corp | 0.02% | 0.39% | 0.37% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SVAL 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, SCHD or SVAL?
SCHD has an expense ratio of 0.06% while SVAL charges 0.20%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, SCHD or SVAL?
Over the past year SCHD returned +30.29% vs +30.52% for SVAL, so SVAL leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +15.13% vs +17.38% for SVAL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SVAL?
SVAL has been the more volatile fund at 21.8% annualized versus 15.2% for SCHD. Worst drawdown: SCHD -16.9% vs SVAL -27.4%.
Should I hold both SCHD and SVAL?
SCHD and SVAL have a monthly-return correlation of 0.83, 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 SCHD and SVAL?
2.9% of SVAL's money is in holdings SCHD also owns. 2.9% of SVAL's is in holdings SCHD also owns. They hold 7 positions in common, counted across the 100 positions we hold weights for in SCHD and 240 in SVAL.
Which pays a higher dividend, SCHD or SVAL?
SCHD yields 3.13% while SVAL yields 2.05%, so SCHD currently pays the higher dividend yield.
Is SVAL better than SCHD?
SCHD has a lower expense ratio. SCHD led over 5Y, SVAL over 1Y, 3Y and the full window. SVAL is less concentrated, with 6.8% 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.