SCHD vs XSVM
Schwab US Dividend Equity ETF vs Invesco S&P SmallCap Value with Momentum ETF
Which is better, SCHD or XSVM?
Large Cap Value against Small Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and 5Y, XSVM over the full window. XSVM is less concentrated, with 15.1% 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 | XSVM |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.37% |
| AUM | $112.2B | $642M |
| Dividend Yield | 3.13% | 1.74% |
| Holdings | 103 | 122 |
| YTD Return | +27.56%Best | +23.69% |
| 1Y Return | +30.29%Best | +24.23% |
| 3Y Return (annualized) | +16.37%Best | +15.29% |
| 5Y Return (annualized) | +10.23%Best | +8.95% |
| Volatility (annualized) | 13.6%Best | 21.8% |
| Max Drawdown | -33.4%Best | -49.8% |
| $10,000 over 5 years | $16,274Best | $15,351 |
| Top 10 Weight | 41.5% | 15.1%Best |
| Fund Family | Charles Schwab Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Small 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 4, 2026 (14.9 years).
SCHD vs XSVM 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 XSVM Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Invesco S&P SmallCap Value with Momentum ETF (XSVM) is an ETF from Invesco (US). Over the past year SCHD returned +30.29% while XSVM returned +24.23%. Year to date, SCHD is up 27.56% versus a gain of 23.69% for XSVM.
Over three years, SCHD compounded at +16.37% per year against +15.29% for XSVM; over five years the annualized figures are +10.23% and +8.95% respectively. Across the full 15-year window we track, XSVM has the edge at +12.39% annualized vs +11.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSVM has been the more volatile fund, with annualized monthly volatility of 21.8% 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 -49.8% for XSVM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while XSVM charges 0.37%. On a $10,000 position that is $6 vs $37 annually, a gap of $31 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 1.74% for XSVM.
Holdings Overlap
0.4% of SCHD's money is in holdings XSVM also owns. 5.8% of XSVM's money is in holdings SCHD also owns.
XSVM and SCHD share little of their money.
8 positions in common, counted across the 100 positions we hold weights for in SCHD and 119 in XSVM, against full books of 103 and 122.
What only one of them owns
Our book lists 108 positions for XSVM that do not appear in our book for SCHD (91.4% of the fund), and 91 for SCHD that do not appear in XSVM (99.4%).
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 XSVM | Difference |
|---|---|---|---|
| BANRBanner Corp | 0.06% | 0.78% | 0.72% |
| OFG:PROfg Bancorp Common Stock | 0.06% | 0.76% | 0.70% |
| STBAS&T Bancorp Inc | 0.05% | 0.75% | 0.70% |
| CVBFCvb Financial Corp | 0.09% | 0.71% | 0.62% |
| HAFCHanmi Financial Corp | 0.02% | 0.75% | 0.73% |
| PFBCPreferred Bank La | 0.03% | 0.69% | 0.66% |
| NBHCNational Bank Holdings Corp | 0.05% | 0.66% | 0.61% |
| CPFCentral Pacific Financial Corp | 0.03% | 0.67% | 0.64% |
You are not choosing between two funds in isolation.
Whichever of SCHD and XSVM 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 XSVM?
SCHD has an expense ratio of 0.06% while XSVM charges 0.37%. SCHD is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, SCHD or XSVM?
Over the past year SCHD returned +30.29% vs +24.23% for XSVM, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.53% vs +12.39% for XSVM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XSVM?
XSVM has been the more volatile fund at 21.8% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs XSVM -49.8%.
Should I hold both SCHD and XSVM?
SCHD and XSVM have a monthly-return correlation of 0.77, 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 XSVM?
5.8% of XSVM's money is in holdings SCHD also owns. 5.8% of XSVM's is in holdings SCHD also owns. They hold 8 positions in common, counted across the 100 positions we hold weights for in SCHD and 119 in XSVM.
Which pays a higher dividend, SCHD or XSVM?
SCHD yields 3.13% while XSVM yields 1.74%, so SCHD currently pays the higher dividend yield.
Is XSVM better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and 5Y, XSVM over the full window. XSVM is less concentrated, with 15.1% 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.