SCHD vs VSMV
Schwab US Dividend Equity ETF vs VictoryShares US Multi-Factor Minimum Volatility ETF
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 | VSMV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.35% | |
| AUM | $103.7B | $157M | |
| Dividend Yield | 3.31% | 1.39% | |
| Holdings | 104 | 63 | |
| YTD Return | +25.62% | +9.68% | |
| 1Y Return | +32.62% | +22.09% | |
| 3Y Return (annualized) | +15.58% | +15.73% | |
| 5Y Return (annualized) | +9.63% | +10.55% | |
| Volatility (annualized) | 13.6% | 13.1% | |
| Max Drawdown | -33.4% | -31.4% | |
| Fund Family | Charles Schwab Asset Management | Victory Capital Management Inc. | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jun 21, 2017 |
SCHD vs VSMV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is a ETF from Victory Capital Management Inc.. Over the past year SCHD returned +32.62% while VSMV returned +22.09%. Year to date, SCHD is up 25.62% versus a gain of 9.68% for VSMV.
Over three years, SCHD compounded at +15.58% per year against +15.73% for VSMV; over five years the annualized figures are +9.63% and +10.55% respectively. Across the full 9-year window we track, SCHD has the edge at +11.47% annualized vs +11.21%. 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 13.1% 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 worth weighing if you expect to sell during market stress rather than ride it out.
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 3.31% against 1.39% for VSMV.
Holdings Overlap
SCHD and VSMV share 13 holdings out of 148 unique holdings combined, representing a 19.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $29 per year of difference.
Which performed better, SCHD or VSMV?
Over the past year SCHD returned +32.62% vs +22.09% for VSMV, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.47% vs +11.21% for VSMV. Past performance does not guarantee future results.
Which is riskier, SCHD or VSMV?
SCHD has been the more volatile fund at 13.6% annualized versus 13.1% 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 combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and VSMV?
SCHD and VSMV share 13 common holdings with a 19.0% weight overlap. Combined, they hold 148 unique securities.
Which pays a higher dividend, SCHD or VSMV?
SCHD yields 3.31% while VSMV yields 1.39%, so SCHD currently pays the higher dividend yield.
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