ITDE vs SCHD
ITDE vs SCHD
iShares LifePath Target Date 2045 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 | ITDE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.11% | 0.06% | |
| AUM | $87M | $103.7B | |
| Dividend Yield | 1.68% | 3.31% | |
| Holdings | 14 | 104 | |
| YTD Return | +11.95% | +23.31% | |
| 1Y Return | +22.28% | +30.42% | |
| 3Y Return (annualized) | - | +14.66% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 10.6% | 13.6% | |
| Max Drawdown | -14.7% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Oct 17, 2023 | Oct 20, 2011 |
ITDE vs SCHD Performance
iShares LifePath Target Date 2045 ETF (ITDE) 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 ITDE returned +22.28% while SCHD returned +30.42%. Year to date, ITDE is up 11.95% versus a gain of 23.31% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.6% for ITDE. 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 -14.7% for ITDE 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ITDE charges 0.11% per year while SCHD charges 0.06%. On a $10,000 position that is $11 vs $6 annually, a gap of $5 per year that compounds over a long holding period. On income, ITDE currently yields 1.68% against 3.31% for SCHD.
Holdings Overlap
ITDE and SCHD share 0 holdings out of 113 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, ITDE or SCHD?
ITDE has an expense ratio of 0.11% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, ITDE or SCHD?
Over the past year ITDE returned +22.28% vs +30.42% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), ITDE annualized +22.01% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, ITDE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.6% for ITDE. Worst drawdown: ITDE -14.7% vs SCHD -33.4%.
Should I hold both ITDE and SCHD?
ITDE and SCHD have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ITDE and SCHD?
ITDE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 113 unique securities.
Which pays a higher dividend, ITDE or SCHD?
ITDE yields 1.68% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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