SCHD vs XMVM
Schwab US Dividend Equity ETF vs Invesco S&P MidCap Value with Momentum ETF
Which is better, SCHD or XMVM?
Large Cap Value against Mid Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, XMVM over 3Y, 5Y and the full window. XMVM is less concentrated, with 21.4% of the fund in its ten largest positions against 41.5%.
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 | XMVM |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.39% |
| AUM | $112.2B | $516M |
| Dividend Yield | 3.13% | 1.78% |
| Holdings | 103 | 82 |
| YTD Return | +28.59%Best | +17.97% |
| 1Y Return | +31.77%Best | +26.30% |
| 3Y Return (annualized) | +16.70% | +19.09%Best |
| 5Y Return (annualized) | +10.09% | +12.02%Best |
| Volatility (annualized) | 13.6%Best | 18.1% |
| Max Drawdown | -33.4%Best | -45.6% |
| $10,000 over 5 years | $16,171 | $17,639Best |
| Top 10 Weight | 41.5% | 21.4%Best |
| Fund Family | Charles Schwab Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Value |
| Inception | Oct 20, 2011 | Mar 3, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 3, 2026 (14.9 years).
SCHD vs XMVM 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 14.9 years both funds cover.
SCHD vs XMVM Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Invesco S&P MidCap Value with Momentum ETF (XMVM) is an ETF from Invesco (US). Over the past year SCHD returned +31.77% while XMVM returned +26.30%. Year to date, SCHD is up 28.59% versus a gain of 17.97% for XMVM.
Over three years, SCHD compounded at +16.70% per year against +19.09% for XMVM; over five years the annualized figures are +10.09% and +12.02% respectively. Across the full 15-year window we track, XMVM has the edge at +12.39% annualized vs +11.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XMVM has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.6% 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 -45.6% for XMVM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 XMVM charges 0.39%. On a $10,000 position that is $6 vs $39 annually, a gap of $33 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 1.78% for XMVM.
Holdings Overlap
2.3% of SCHD's money is in holdings XMVM also owns. 15.8% of XMVM's money is in holdings SCHD also owns.
XMVM and SCHD share little of their money.
11 positions in common, counted across the 100 positions we hold weights for in SCHD and 80 in XMVM, against full books of 103 and 82.
What only one of them owns
Measured across the 100 and 80 positions we hold weights for.
SCHD holds 88 positions XMVM does not, 97.6% of the fund.
Largest: ABT 4.70%, AMGN 4.62%, HD 4.32%, MRK 4.26%, KO 4.20%
Top Shared Holdings
| Stock | Weight in SCHD | Weight in XMVM | Difference |
|---|---|---|---|
| MMacy'S Inc. | 0.17% | 2.53% | 2.36% |
| DINOHollyfrontier | 0.31% | 2.12% | 1.81% |
| PAGPenske Automotive Group Inc | 0.10% | 2.05% | 1.95% |
| ORIOld Republic International Corp | 0.24% | 1.54% | 1.30% |
| OZKBank Ozk | 0.13% | 1.61% | 1.48% |
| COLBColumbia Banking System Inc Common Stock | 0.23% | 1.25% | 1.02% |
| EWBCEast West Bancorp, Inc. | 0.45% | 0.90% | 0.45% |
| AFGAmerican Financial Group Inc/Oh | 0.25% | 1.01% | 0.76% |
| ALVAllianz Ag | 0.21% | 0.91% | 0.70% |
| FHIFederated Investors Inc Class B | 0.11% | 0.93% | 0.82% |
You are not choosing between two funds in isolation.
Whichever of SCHD and XMVM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or XMVM?
SCHD has an expense ratio of 0.06% while XMVM charges 0.39%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, SCHD or XMVM?
Over the past year SCHD returned +31.77% vs +26.30% for XMVM, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.59% vs +12.39% for XMVM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XMVM?
XMVM has been the more volatile fund at 18.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs XMVM -45.6%.
Should I hold both SCHD and XMVM?
SCHD and XMVM have a monthly-return correlation of 0.86, 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 XMVM?
15.8% of XMVM's money is in holdings SCHD also owns. 15.8% of XMVM's is in holdings SCHD also owns. They hold 11 positions in common, counted across the 100 positions we hold weights for in SCHD and 80 in XMVM.
Which pays a higher dividend, SCHD or XMVM?
SCHD yields 3.13% while XMVM yields 1.78%, so SCHD currently pays the higher dividend yield.
Is XMVM better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, XMVM over 3Y, 5Y and the full window. XMVM is less concentrated, with 21.4% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.