IVE vs SCHD
IVE vs SCHD
iShares S&P 500 Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IVE offers more diversification with 439 holdings.
Side-by-Side Comparison
| Metric | IVE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $49.1B | $103.7B | |
| Dividend Yield | 1.56% | 3.31% | |
| Holdings | 444 | 104 | |
| YTD Return | +11.66% | +24.26% | |
| 1Y Return | +21.49% | +31.38% | |
| 3Y Return (annualized) | +14.89% | +15.08% | |
| 5Y Return (annualized) | +11.61% | +9.72% | |
| Volatility (annualized) | 15.6% | 13.6% | |
| Max Drawdown | -63.0% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Oct 20, 2011 |
IVE vs SCHD Performance
iShares S&P 500 Value ETF (IVE) 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 IVE returned +21.49% while SCHD returned +31.38%. Year to date, IVE is up 11.66% versus a gain of 24.26% for SCHD.
Over three years, IVE compounded at +14.89% per year against +15.08% for SCHD; over five years the annualized figures are +11.61% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +5.83%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVE has been the more volatile fund, with annualized monthly volatility of 15.6% 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 -63.0% for IVE 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
IVE 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, IVE currently yields 1.56% against 3.31% for SCHD.
Holdings Overlap
IVE and SCHD share 45 holdings out of 494 unique holdings combined, representing a 15.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVE | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 1.29% | 4.54% | 3.25% |
| MRK | 1.06% | 4.32% | 3.26% |
| HD | 1.18% | 4.16% | 2.98% |
| PG | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
See all 10 holdings IVE 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, IVE or SCHD?
IVE 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, IVE or SCHD?
Over the past year IVE returned +21.49% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IVE annualized +5.83% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, IVE or SCHD?
IVE has been the more volatile fund at 15.6% annualized versus 13.6% for SCHD. Worst drawdown: IVE -63.0% vs SCHD -33.4%.
Should I hold both IVE and SCHD?
IVE 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 IVE and SCHD?
IVE and SCHD share 45 common holdings with a 15.9% weight overlap. Combined, they hold 494 unique securities.
Which pays a higher dividend, IVE or SCHD?
IVE yields 1.56% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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