SCHD vs VLUE
Schwab US Dividend Equity ETF vs iShares MSCI USA Value Factor ETF
Which is better, SCHD or VLUE?
VLUE has been ahead.
SCHD has a lower expense ratio. VLUE led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 43.0%.
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 | VLUE |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.15% |
| AUM | $112.1B | $9.6B |
| Dividend Yield | 3.00% | 1.39% |
| Holdings | 103 | 156 |
| YTD Return | +25.07% | +46.45%Best |
| 1Y Return | +27.61% | +68.83%Best |
| 3Y Return (annualized) | +15.74% | +32.30%Best |
| 5Y Return (annualized) | +9.89% | +17.40%Best |
| Volatility (annualized) | 14.2%Best | 18.8% |
| Max Drawdown | -33.4%Best | -39.5% |
| $10,000 over 5 years | $16,025 | $22,302Best |
| Top 10 Weight | 41.8%Best | 43.0% |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Apr 16, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Apr 18, 2013 to Sep 11, 2026 (13.4 years).
SCHD vs VLUE 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 13.4 years both funds cover.
SCHD vs VLUE Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares MSCI USA Value Factor ETF (VLUE) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +27.61% while VLUE returned +68.83%. Year to date, SCHD is up 25.07% versus a gain of 46.45% for VLUE.
Over three years, SCHD compounded at +15.74% per year against +32.30% for VLUE; over five years the annualized figures are +9.89% and +17.40% respectively. Across the full 13-year window we track, VLUE has the edge at +12.30% annualized vs +10.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VLUE has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 14.2% 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 -33.4% for SCHD and -39.5% for VLUE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VLUE charges 0.15%. On a $10,000 position that is $6 vs $15 annually, a gap of $9 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.39% for VLUE.
Holdings Overlap
28.2% of SCHD's money is in holdings VLUE also owns. 15.9% of VLUE's money is in holdings SCHD also owns.
SCHD and VLUE share little of their money.
18 positions in common, counted across the 100 positions we hold weights for in SCHD and 152 in VLUE, against full books of 103 and 156.
What only one of them owns
Our book lists 130 positions for VLUE that do not appear in our book for SCHD (83.6% of the fund), and 81 for SCHD that do not appear in VLUE (71.7%).
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 VLUE | Difference |
|---|---|---|---|
| VZVerizon Communications, Inc. | 3.97% | 2.87% | 1.10% |
| BMYBristol-Myers Squibb Co. | 3.33% | 1.21% | 2.12% |
| CMCSAComcast Corp. Class A | 2.31% | 1.78% | 0.53% |
| QCOMQualcomm Inc. | 2.52% | 1.51% | 1.01% |
| ACNAccenture Plc | 2.84% | 0.94% | 1.90% |
| FFord Motor Co. | 1.33% | 2.00% | 0.67% |
| UPSUnited Parcel Service, Inc | 1.90% | 1.03% | 0.87% |
| EOGEog Resources Inc | 1.88% | 0.76% | 1.12% |
| TGTTarget Corp. | 1.78% | 0.79% | 0.99% |
| DVNDevon Energy Corp. | 1.36% | 0.71% | 0.65% |
28.2% of SCHD is already inside VLUE.
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, SCHD or VLUE?
SCHD has an expense ratio of 0.06% while VLUE charges 0.15%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, SCHD or VLUE?
Over the past year SCHD returned +27.61% vs +68.83% for VLUE, so VLUE leads on 1-year performance. Over the longest common window we track (13 years), SCHD annualized +10.72% vs +12.30% for VLUE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VLUE?
VLUE has been the more volatile fund at 18.8% annualized versus 14.2% for SCHD. Worst drawdown: SCHD -33.4% vs VLUE -39.5%.
Should I hold both SCHD and VLUE?
SCHD and VLUE have a monthly-return correlation of 0.81, 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 VLUE?
28.2% of SCHD's money is in holdings VLUE also owns. 15.9% of VLUE's is in holdings SCHD also owns. They hold 18 positions in common, counted across the 100 positions we hold weights for in SCHD and 152 in VLUE.
Which pays a higher dividend, SCHD or VLUE?
SCHD yields 3.00% while VLUE yields 1.39%, so SCHD currently pays the higher dividend yield.
Is VLUE better than SCHD?
SCHD has a lower expense ratio. VLUE led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 43.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.