SCHD vs VSMV
Schwab US Dividend Equity ETF vs VictoryShares US Multi-Factor Minimum Volatility ETF
Which is better, SCHD or VSMV?
Each has led over a different period.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, VSMV over 3Y and 5Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 44.9%.
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 | VSMV |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.35% |
| AUM | $112.1B | $159M |
| Dividend Yield | 3.00% | 1.32% |
| Holdings | 103 | 63 |
| YTD Return | +24.59%Best | +9.42% |
| 1Y Return | +28.14%Best | +17.44% |
| 3Y Return (annualized) | +15.58% | +16.06%Best |
| 5Y Return (annualized) | +9.90% | +10.75%Best |
| Volatility (annualized) | 15.8% | 13.0%Best |
| Max Drawdown | -33.4% | -31.4%Best |
| $10,000 over 5 years | $16,032 | $16,662Best |
| Top 10 Weight | 41.8%Best | 44.9% |
| Fund Family | Charles Schwab Asset Management | Victory Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Jun 21, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 22, 2017 to Sep 10, 2026 (9.2 years).
SCHD vs VSMV 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 9.2 years both funds cover.
SCHD vs VSMV Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an ETF from Victory Capital Management Inc.. Over the past year SCHD returned +28.14% while VSMV returned +17.44%. Year to date, SCHD is up 24.59% versus a gain of 9.42% for VSMV.
Over three years, SCHD compounded at +15.58% per year against +16.06% for VSMV; over five years the annualized figures are +9.90% and +10.75% respectively. Across the full 9-year window we track, SCHD has the edge at +11.46% annualized vs +11.07%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 13.0% for VSMV. 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 -31.4% for VSMV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VSMV charges 0.35%. On a $10,000 position that is $6 vs $35 annually, a gap of $29 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.32% for VSMV.
Holdings Overlap
34.6% of SCHD's money is in holdings VSMV also owns. 20.4% of VSMV's money is in holdings SCHD also owns.
The two portfolios partly overlap.
13 positions in common, counted across the 100 positions we hold weights for in SCHD and 61 in VSMV, against full books of 103 and 63.
What only one of them owns
Measured across the 100 and 61 positions we hold weights for.
SCHD holds 86 positions VSMV does not, 65.3% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
Top Shared Holdings
| Stock | Weight in SCHD | Weight in VSMV | Difference |
|---|---|---|---|
| VZVerizon Communications, Inc. | 3.97% | 2.65% | 1.32% |
| UNHUnitedhealth Group Inc. | 3.82% | 2.75% | 1.07% |
| QCOMQualcomm Inc. | 2.52% | 3.73% | 1.21% |
| MOAltria Group Inc. | 2.79% | 3.14% | 0.35% |
| LMTLockheed Martin Corp | 2.78% | 2.94% | 0.16% |
| BMYBristol-Myers Squibb Co. | 3.33% | 2.28% | 1.05% |
| PGProcter & Gamble Company | 3.83% | 1.47% | 2.36% |
| COPConocophillips Co | 3.94% | 0.20% | 3.74% |
| ACNAccenture Plc | 2.84% | 0.20% | 2.64% |
| CMCSAComcast Corp. Class A | 2.31% | 0.20% | 2.11% |
34.6% of SCHD is already inside VSMV.
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 VSMV?
SCHD has an expense ratio of 0.06% while VSMV charges 0.35%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, SCHD or VSMV?
Over the past year SCHD returned +28.14% vs +17.44% for VSMV, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.46% vs +11.07% for VSMV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VSMV?
SCHD has been the more volatile fund at 15.8% annualized versus 13.0% for VSMV. Worst drawdown: SCHD -33.4% vs VSMV -31.4%.
Should I hold both SCHD and VSMV?
SCHD and VSMV have a monthly-return correlation of 0.88, 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 VSMV?
34.6% of SCHD's money is in holdings VSMV also owns. 20.4% of VSMV's is in holdings SCHD also owns. They hold 13 positions in common, counted across the 100 positions we hold weights for in SCHD and 61 in VSMV.
Which pays a higher dividend, SCHD or VSMV?
SCHD yields 3.00% while VSMV yields 1.32%, so SCHD currently pays the higher dividend yield.
Is VSMV better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, VSMV over 3Y and 5Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 44.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.