ESMV vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. ESMV offers more diversification with 157 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: ESMV

Side-by-Side Comparison

MetricESMVSCHDWinner
Expense Ratio0.18%0.06%
AUM$8M$103.7B
Dividend Yield1.51%3.31%
Holdings160104
YTD Return+7.85%+22.69%
1Y Return+9.23%+30.94%
3Y Return (annualized)+10.26%+14.20%
5Y Return (annualized)-+9.59%
Volatility (annualized)13.1%13.7%
Max Drawdown-19.8%-33.4%
Fund FamilyiShares by BlackRock (US)Charles Schwab Asset Management
CategoryEquityEquity
InceptionNov 2, 2021Oct 20, 2011

ESMV vs SCHD Performance

iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV) 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 ESMV returned +9.23% while SCHD returned +30.94%. Year to date, ESMV is up 7.85% versus a gain of 22.69% for SCHD.

Over three years, ESMV compounded at +10.26% per year against +14.20% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.31% annualized vs +5.97%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 13.1% for ESMV. 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 -19.8% for ESMV 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ESMV charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, ESMV currently yields 1.51% against 3.31% for SCHD.

Holdings Overlap

11.8%overlap

ESMV and SCHD share 17 holdings out of 240 unique holdings combined, representing a 11.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ESMVWeight in SCHDDifference
MRK1.50%4.32%2.82%
KO1.29%4.08%2.79%
HD1.03%4.16%3.13%
TXNProProPro
PGProProPro
VZProProPro
UNHProProPro
AMGNProProPro
PEPProProPro
ABTProProPro
See all 10 holdings ESMV shares with SCHD
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Frequently Asked Questions

Which is cheaper, ESMV or SCHD?

ESMV has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

Which performed better, ESMV or SCHD?

Over the past year ESMV returned +9.23% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), ESMV annualized +5.97% vs +11.31% for SCHD. Past performance does not guarantee future results.

Which is riskier, ESMV or SCHD?

SCHD has been the more volatile fund at 13.7% annualized versus 13.1% for ESMV. Worst drawdown: ESMV -19.8% vs SCHD -33.4%.

Should I hold both ESMV and SCHD?

ESMV and SCHD have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ESMV and SCHD?

ESMV and SCHD share 17 common holdings with a 11.8% weight overlap. Combined, they hold 240 unique securities.

Which pays a higher dividend, ESMV or SCHD?

ESMV yields 1.51% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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