AVGE vs SCHD
AVGE vs SCHD
Avantis All Equity Markets ETF vs Schwab US Dividend Equity 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 | AVGE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.23% | 0.06% | |
| AUM | $1.1B | $103.7B | |
| Dividend Yield | 1.41% | 3.31% | |
| Holdings | 16 | 104 | |
| YTD Return | +17.74% | +24.26% | |
| 1Y Return | +30.65% | +31.38% | |
| 3Y Return (annualized) | +20.27% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 13.7% | 13.6% | |
| Max Drawdown | -17.1% | -33.4% | |
| Fund Family | Avantis Investors | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2022 | Oct 20, 2011 |
AVGE vs SCHD Performance
Avantis All Equity Markets ETF (AVGE) is a ETF from Avantis Investors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AVGE returned +30.65% while SCHD returned +31.38%. Year to date, AVGE is up 17.74% versus a gain of 24.26% for SCHD.
Over three years, AVGE compounded at +20.27% per year against +15.08% for SCHD. Across the full 4-year window we track, AVGE has the edge at +22.23% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVGE has been the more volatile fund, with annualized monthly volatility of 13.7% 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 -17.1% for AVGE 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVGE charges 0.23% per year while SCHD charges 0.06%. On a $10,000 position that is $23 vs $6 annually, a gap of $17 per year that compounds over a long holding period. On income, AVGE currently yields 1.41% against 3.31% for SCHD.
Holdings Overlap
AVGE and SCHD share 0 holdings out of 115 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVGE or SCHD?
AVGE has an expense ratio of 0.23% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, AVGE or SCHD?
Over the past year AVGE returned +30.65% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), AVGE annualized +22.23% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, AVGE or SCHD?
AVGE has been the more volatile fund at 13.7% annualized versus 13.6% for SCHD. Worst drawdown: AVGE -17.1% vs SCHD -33.4%.
Should I hold both AVGE and SCHD?
AVGE and SCHD have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVGE and SCHD?
AVGE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 115 unique securities.
Which pays a higher dividend, AVGE or SCHD?
AVGE yields 1.41% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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