ILCV vs SCHD
ILCV vs SCHD
iShares Morningstar Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
ILCV has a lower expense ratio. SCHD delivered stronger 1-year returns. ILCV offers more diversification with 372 holdings.
Side-by-Side Comparison
| Metric | ILCV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.06% | |
| AUM | $1.3B | $103.7B | |
| Dividend Yield | 1.62% | 3.31% | |
| Holdings | 380 | 104 | |
| YTD Return | +14.21% | +23.53% | |
| 1Y Return | +29.80% | +30.95% | |
| 3Y Return (annualized) | +18.44% | +14.72% | |
| 5Y Return (annualized) | +12.66% | +9.56% | |
| Volatility (annualized) | 14.3% | 13.6% | |
| Max Drawdown | -60.9% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 28, 2004 | Oct 20, 2011 |
ILCV vs SCHD Performance
iShares Morningstar Value ETF (ILCV) 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 ILCV returned +29.80% while SCHD returned +30.95%. Year to date, ILCV is up 14.21% versus a gain of 23.53% for SCHD.
Over three years, ILCV compounded at +18.44% per year against +14.72% for SCHD; over five years the annualized figures are +12.66% and +9.56% respectively. Across the full 15-year window we track, SCHD has the edge at +11.35% annualized vs +6.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ILCV has been the more volatile fund, with annualized monthly volatility of 14.3% 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 -60.9% for ILCV 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ILCV charges 0.04% per year while SCHD charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, ILCV currently yields 1.62% against 3.31% for SCHD.
Holdings Overlap
ILCV and SCHD share 43 holdings out of 429 unique holdings combined, representing a 14.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ILCV | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 1.14% | 4.54% | 3.40% |
| MRK | 0.91% | 4.32% | 3.41% |
| HD | 1.05% | 4.16% | 3.11% |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings ILCV 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, ILCV or SCHD?
ILCV has an expense ratio of 0.04% while SCHD charges 0.06%. ILCV is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, ILCV or SCHD?
Over the past year ILCV returned +29.80% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), ILCV annualized +6.48% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, ILCV or SCHD?
ILCV has been the more volatile fund at 14.3% annualized versus 13.6% for SCHD. Worst drawdown: ILCV -60.9% vs SCHD -33.4%.
Should I hold both ILCV and SCHD?
ILCV and SCHD have a monthly-return correlation of 0.93, 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 ILCV and SCHD?
ILCV and SCHD share 43 common holdings with a 14.0% weight overlap. Combined, they hold 429 unique securities.
Which pays a higher dividend, ILCV or SCHD?
ILCV yields 1.62% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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