SCHD vs VIPIX
Schwab US Dividend Equity ETF vs Vanguard Inflation Protected Securities Fund Insti Shs
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | VIPIX | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.07% | |
| AUM | $103.7B | $12.5B | |
| Dividend Yield | 3.31% | 3.54% | |
| Holdings | 104 | 63 | |
| YTD Return | +25.62% | -1.07% | |
| 1Y Return | +32.62% | -3.24% | |
| 3Y Return (annualized) | +15.58% | -0.50% | |
| 5Y Return (annualized) | +9.63% | -4.77% | |
| Volatility (annualized) | 13.6% | 6.7% | |
| Max Drawdown | -33.4% | -24.5% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Dec 12, 2003 |
SCHD vs VIPIX Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Vanguard Inflation Protected Securities Fund Insti Shs (VIPIX) is a mutual fund from Vanguard (US). Over the past year SCHD returned +32.62% while VIPIX returned -3.24%. Year to date, SCHD is up 25.62% versus a loss of 1.07% for VIPIX.
Over three years, SCHD compounded at +15.58% per year against -0.50% for VIPIX; over five years the annualized figures are +9.63% and -4.77% respectively. Across the full 5-year window we track, SCHD has the edge at +11.47% annualized vs -4.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 6.7% for VIPIX. 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 -24.5% for VIPIX. 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while VIPIX charges 0.07%. On a $10,000 position that is $6 vs $7 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.54% for VIPIX.
Holdings Overlap
SCHD and VIPIX share 0 holdings out of 155 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 VIPIX?
SCHD has an expense ratio of 0.06% while VIPIX charges 0.07%. SCHD is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SCHD or VIPIX?
Over the past year SCHD returned +32.62% vs -3.24% for VIPIX, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.47% vs -4.77% for VIPIX. Past performance does not guarantee future results.
Which is riskier, SCHD or VIPIX?
SCHD has been the more volatile fund at 13.6% annualized versus 6.7% for VIPIX. Worst drawdown: SCHD -33.4% vs VIPIX -24.5%.
Should I hold both SCHD and VIPIX?
SCHD and VIPIX have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and VIPIX?
SCHD and VIPIX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 155 unique securities.
Which pays a higher dividend, SCHD or VIPIX?
SCHD yields 3.31% while VIPIX yields 3.54%, so VIPIX currently pays the higher dividend yield.
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