SCHD vs USIG
Schwab US Dividend Equity ETF vs iShares Broad USD Investment Grade Corporate Bond ETF
Which is better, SCHD or USIG?
Large Cap Value against Long Term Mid Quality.
USIG has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | USIG |
|---|---|---|
| Expense Ratio | 0.06% | 0.04%Best |
| AUM | $108.9B | $17.4B |
| Dividend Yield | 3.00% | 4.84% |
| Holdings | 206 | 22,981 |
| YTD Return | +22.08%Best | -2.33% |
| 1Y Return | +26.66%Best | -1.66% |
| 3Y Return (annualized) | +16.06%Best | +5.58% |
| 5Y Return (annualized) | +9.39%Best | +0.08% |
| Volatility (annualized) | 16.6% | 7.4%Best |
| Max Drawdown | -33.4% | -21.6%Best |
| $10,000 over 5 years | $15,663Best | $10,040 |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | Long Term Mid Quality |
| Inception | Oct 20, 2011 | Jan 5, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 1, 2018 to Oct 9, 2026 (8.2 years).
SCHD vs USIG 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 8.2 years both funds cover.
SCHD vs USIG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares Broad USD Investment Grade Corporate Bond ETF (USIG) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +26.66% while USIG returned -1.66%. Year to date, SCHD is up 22.08% versus a loss of 2.33% for USIG.
Over three years, SCHD compounded at +16.06% per year against +5.58% for USIG; over five years the annualized figures are +9.39% and +0.08% respectively. Across the full 8-year window we track, SCHD has the edge at +11.12% annualized vs +1.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 7.4% for USIG. 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 -21.6% for USIG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while USIG charges 0.04%. On a $10,000 position that is $6 vs $4 annually, a gap of $2 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 4.84% for USIG.
Holdings Overlap
At least 1.1% of SCHD's money is in holdings USIG also owns.
Stated as a floor: for USIG, our book for it covers 81.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and USIG share little of their money.
1 positions in common, counted across the 99 positions we hold weights for in SCHD and 9,543 in USIG, against full books of 206 and 22,981.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in USIG | Difference |
|---|---|---|---|
| ADMArcher-daniels D | 1.05% | 0.00% | 1.05% |
You are not choosing between two funds in isolation.
Whichever of SCHD and USIG 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 USIG?
SCHD has an expense ratio of 0.06% while USIG charges 0.04%. USIG is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, SCHD or USIG?
Over the past year SCHD returned +26.66% vs -1.66% for USIG, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), SCHD annualized +11.12% vs +1.54% for USIG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or USIG?
SCHD has been the more volatile fund at 16.6% annualized versus 7.4% for USIG. Worst drawdown: SCHD -33.4% vs USIG -21.6%.
Should I hold both SCHD and USIG?
SCHD and USIG have a monthly-return correlation of 0.52, 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 USIG?
At least 1.1% of SCHD's money is in holdings USIG also owns. Our book for USIG is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 99 positions we hold weights for in SCHD and 9,543 in USIG.
Which pays a higher dividend, SCHD or USIG?
SCHD yields 3.00% while USIG yields 4.84%, so USIG currently pays the higher dividend yield.
Is USIG better than SCHD?
USIG has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.