DIVB vs SCHD
DIVB vs SCHD
iShares Core Dividend ETF vs Schwab US Dividend Equity ETF
Quick Verdict
DIVB has a lower expense ratio. DIVB delivered stronger 1-year returns. DIVB offers more diversification with 371 holdings.
Side-by-Side Comparison
| Metric | DIVB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.05% | 0.06% | |
| AUM | $1.7B | $103.7B | |
| Dividend Yield | 2.27% | 3.31% | |
| Holdings | 385 | 104 | |
| YTD Return | +26.18% | +24.08% | |
| 1Y Return | +36.85% | +31.88% | |
| 3Y Return (annualized) | +22.42% | +14.92% | |
| 5Y Return (annualized) | +13.67% | +9.85% | |
| Volatility (annualized) | 17.0% | 13.6% | |
| Max Drawdown | -36.9% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Nov 7, 2017 | Oct 20, 2011 |
DIVB vs SCHD Performance
iShares Core Dividend ETF (DIVB) 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 DIVB returned +36.85% while SCHD returned +31.88%. Year to date, DIVB is up 26.18% versus a gain of 24.08% for SCHD.
Over three years, DIVB compounded at +22.42% per year against +14.92% for SCHD; over five years the annualized figures are +13.67% and +9.85% respectively. Across the full 9-year window we track, DIVB has the edge at +13.66% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVB has been the more volatile fund, with annualized monthly volatility of 17.0% 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 -36.9% for DIVB 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
DIVB charges 0.05% per year while SCHD charges 0.06%. On a $10,000 position that is $5 vs $6 annually, a gap of $1 per year that compounds over a long holding period. On income, DIVB currently yields 2.27% against 3.31% for SCHD.
Holdings Overlap
DIVB and SCHD share 62 holdings out of 409 unique holdings combined, representing a 26.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in DIVB | Weight in SCHD | Difference |
|---|---|---|---|
| ADP | 5.08% | 2.54% | 2.54% |
| 2345:TW | 3.83% | 2.24% | 1.59% |
| UNH | 1.39% | 4.54% | 3.15% |
| PG | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings DIVB 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, DIVB or SCHD?
DIVB has an expense ratio of 0.05% while SCHD charges 0.06%. DIVB is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, DIVB or SCHD?
Over the past year DIVB returned +36.85% vs +31.88% for SCHD, so DIVB leads on 1-year performance. Over the longest common window we track (9 years), DIVB annualized +13.66% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DIVB or SCHD?
DIVB has been the more volatile fund at 17.0% annualized versus 13.6% for SCHD. Worst drawdown: DIVB -36.9% vs SCHD -33.4%.
Should I hold both DIVB and SCHD?
DIVB and SCHD have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between DIVB and SCHD?
DIVB and SCHD share 62 common holdings with a 26.8% weight overlap. Combined, they hold 409 unique securities.
Which pays a higher dividend, DIVB or SCHD?
DIVB yields 2.27% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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