SCHD vs XMLV
SCHD vs XMLV
Schwab US Dividend Equity ETF vs Invesco S&P MidCap Low 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 | XMLV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.25% | |
| AUM | $103.7B | $757M | |
| Dividend Yield | 3.31% | 2.93% | |
| Holdings | 104 | 83 | |
| YTD Return | +24.26% | +11.73% | |
| 1Y Return | +31.38% | +13.95% | |
| 3Y Return (annualized) | +15.08% | +11.74% | |
| 5Y Return (annualized) | +9.72% | +7.12% | |
| Volatility (annualized) | 13.6% | 13.4% | |
| Max Drawdown | -33.4% | -40.5% | |
| Fund Family | Charles Schwab Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Feb 12, 2013 |
SCHD vs XMLV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Invesco S&P MidCap Low Volatility ETF (XMLV) is a ETF from Invesco (US). Over the past year SCHD returned +31.38% while XMLV returned +13.95%. Year to date, SCHD is up 24.26% versus a gain of 11.73% for XMLV.
Over three years, SCHD compounded at +15.08% per year against +11.74% for XMLV; over five years the annualized figures are +9.72% and +7.12% respectively. Across the full 14-year window we track, SCHD has the edge at +11.39% annualized vs +8.68%. 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 13.4% for XMLV. 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 -40.5% for XMLV. 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while XMLV charges 0.25%. On a $10,000 position that is $6 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 2.93% for XMLV.
Holdings Overlap
SCHD and XMLV share 5 holdings out of 175 unique holdings combined, representing a 0.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in XMLV | Difference |
|---|---|---|---|
| AFG | 0.25% | 1.30% | 1.05% |
| ORI | 0.24% | 1.16% | 0.92% |
| FHI | 0.11% | 1.26% | 1.15% |
| OZK | Pro | Pro | Pro |
| PAG | Pro | Pro | Pro |
See all 5 holdings SCHD shares with XMLV Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or XMLV?
SCHD has an expense ratio of 0.06% while XMLV charges 0.25%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, SCHD or XMLV?
Over the past year SCHD returned +31.38% vs +13.95% for XMLV, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), SCHD annualized +11.39% vs +8.68% for XMLV. Past performance does not guarantee future results.
Which is riskier, SCHD or XMLV?
SCHD has been the more volatile fund at 13.6% annualized versus 13.4% for XMLV. Worst drawdown: SCHD -33.4% vs XMLV -40.5%.
Should I hold both SCHD and XMLV?
SCHD and XMLV have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and XMLV?
SCHD and XMLV share 5 common holdings with a 0.8% weight overlap. Combined, they hold 175 unique securities.
Which pays a higher dividend, SCHD or XMLV?
SCHD yields 3.31% while XMLV yields 2.93%, so SCHD currently pays the higher dividend yield.
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