ACV vs SCHD
ACV vs SCHD
Virtus Diversified Income & Convertible Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. ACV delivered stronger 1-year returns. ACV offers more diversification with 161 holdings.
Side-by-Side Comparison
| Metric | ACV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 2.55% | 0.06% | |
| AUM | $280M | $103.7B | |
| Dividend Yield | 8.80% | 3.31% | |
| Holdings | 308 | 104 | |
| YTD Return | +8.30% | +24.26% | |
| 1Y Return | +31.82% | +31.38% | |
| 3Y Return (annualized) | +22.25% | +15.08% | |
| 5Y Return (annualized) | +8.21% | +9.72% | |
| Volatility (annualized) | 24.9% | 13.6% | |
| Max Drawdown | -54.0% | -33.4% | |
| Fund Family | Virtus Investment Partners | Charles Schwab Asset Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | May 26, 2015 | Oct 20, 2011 |
ACV vs SCHD Performance
Virtus Diversified Income & Convertible Fund (ACV) is a ETF from Virtus Investment Partners and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ACV returned +31.82% while SCHD returned +31.38%. Year to date, ACV is up 8.30% versus a gain of 24.26% for SCHD.
Over three years, ACV compounded at +22.25% per year against +15.08% for SCHD; over five years the annualized figures are +8.21% and +9.72% respectively. Across the full 11-year window we track, SCHD has the edge at +11.39% annualized vs +7.21%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACV has been the more volatile fund, with annualized monthly volatility of 24.9% 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 -54.0% for ACV and -33.4% for SCHD. 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACV charges 2.55% per year while SCHD charges 0.06%. On a $10,000 position that is $255 vs $6 annually, a gap of $249 per year that compounds over a long holding period. On income, ACV currently yields 8.80% against 3.31% for SCHD.
Holdings Overlap
ACV and SCHD share 5 holdings out of 256 unique holdings combined, representing a 1.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ACV | Weight in SCHD | Difference |
|---|---|---|---|
| MRK | 0.39% | 4.32% | 3.93% |
| UNH | 0.14% | 4.54% | 4.40% |
| KO | 0.37% | 4.08% | 3.71% |
| HD | Pro | Pro | Pro |
| SLB:CW | Pro | Pro | Pro |
See all 5 holdings ACV shares with SCHD 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, ACV or SCHD?
ACV has an expense ratio of 2.55% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $249 per year of difference.
Which performed better, ACV or SCHD?
Over the past year ACV returned +31.82% vs +31.38% for SCHD, so ACV leads on 1-year performance. Over the longest common window we track (11 years), ACV annualized +7.21% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, ACV or SCHD?
ACV has been the more volatile fund at 24.9% annualized versus 13.6% for SCHD. Worst drawdown: ACV -54.0% vs SCHD -33.4%.
Should I hold both ACV and SCHD?
ACV and SCHD have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACV and SCHD?
ACV and SCHD share 5 common holdings with a 1.2% weight overlap. Combined, they hold 256 unique securities.
Which pays a higher dividend, ACV or SCHD?
ACV yields 8.80% while SCHD yields 3.31%, so ACV currently pays the higher dividend yield.
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