BGRN vs SCHD
BGRN vs SCHD
iShares USD Green Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. BGRN offers more diversification with 212 holdings.
Side-by-Side Comparison
| Metric | BGRN | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.06% | |
| AUM | $501M | $103.7B | |
| Dividend Yield | 4.28% | 3.31% | |
| Holdings | 322 | 104 | |
| YTD Return | +0.09% | +24.26% | |
| 1Y Return | +2.34% | +31.38% | |
| 3Y Return (annualized) | +4.89% | +15.08% | |
| 5Y Return (annualized) | +0.16% | +9.72% | |
| Volatility (annualized) | 5.5% | 13.6% | |
| Max Drawdown | -19.2% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Nov 13, 2018 | Oct 20, 2011 |
BGRN vs SCHD Performance
iShares USD Green Bond ETF (BGRN) is a ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BGRN returned +2.34% while SCHD returned +31.38%. Year to date, BGRN is up 0.09% versus a gain of 24.26% for SCHD.
Over three years, BGRN compounded at +4.89% per year against +15.08% for SCHD; over five years the annualized figures are +0.16% and +9.72% respectively. Across the full 8-year window we track, SCHD has the edge at +11.39% annualized vs +1.48%. 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 5.5% for BGRN. 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 -19.2% for BGRN 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BGRN charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, BGRN currently yields 4.28% against 3.31% for SCHD.
Holdings Overlap
BGRN and SCHD share 0 holdings out of 312 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, BGRN or SCHD?
BGRN has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, BGRN or SCHD?
Over the past year BGRN returned +2.34% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), BGRN annualized +1.48% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BGRN or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 5.5% for BGRN. Worst drawdown: BGRN -19.2% vs SCHD -33.4%.
Should I hold both BGRN and SCHD?
BGRN and SCHD have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BGRN and SCHD?
BGRN and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 312 unique securities.
Which pays a higher dividend, BGRN or SCHD?
BGRN yields 4.28% while SCHD yields 3.31%, so BGRN currently pays the higher dividend yield.
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