IVOG vs SCHD
IVOG vs SCHD
Vanguard S&P Mid-Cap 400 Growth ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IVOG offers more diversification with 245 holdings.
Side-by-Side Comparison
| Metric | IVOG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.06% | |
| AUM | $1.7B | $103.7B | |
| Dividend Yield | 0.81% | 3.31% | |
| Holdings | 246 | 104 | |
| YTD Return | +17.77% | +23.53% | |
| 1Y Return | +25.47% | +30.95% | |
| 3Y Return (annualized) | +15.28% | +14.72% | |
| 5Y Return (annualized) | +8.10% | +9.56% | |
| Volatility (annualized) | 16.7% | 13.6% | |
| Max Drawdown | -39.3% | -33.4% | |
| Fund Family | Vanguard (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Oct 20, 2011 |
IVOG vs SCHD Performance
Vanguard S&P Mid-Cap 400 Growth ETF (IVOG) is a ETF from Vanguard (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IVOG returned +25.47% while SCHD returned +30.95%. Year to date, IVOG is up 17.77% versus a gain of 23.53% for SCHD.
Over three years, IVOG compounded at +15.28% per year against +14.72% for SCHD; over five years the annualized figures are +8.10% and +9.56% respectively. Across the full 15-year window we track, IVOG has the edge at +12.48% annualized vs +11.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVOG has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -39.3% for IVOG 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVOG charges 0.10% per year while SCHD charges 0.06%. On a $10,000 position that is $10 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, IVOG currently yields 0.81% against 3.31% for SCHD.
Holdings Overlap
IVOG and SCHD share 9 holdings out of 336 unique holdings combined, representing a 1.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVOG | Weight in SCHD | Difference |
|---|---|---|---|
| EWBC | 0.47% | 0.47% | 0.00% |
| ORI | 0.25% | 0.24% | 0.01% |
| ALV | 0.26% | 0.21% | 0.05% |
| AFG | Pro | Pro | Pro |
| FHI | Pro | Pro | Pro |
| NXST | Pro | Pro | Pro |
| MSM | Pro | Pro | Pro |
| MTN | Pro | Pro | Pro |
| LANC | Pro | Pro | Pro |
See all 9 holdings IVOG 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, IVOG or SCHD?
IVOG has an expense ratio of 0.10% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, IVOG or SCHD?
Over the past year IVOG returned +25.47% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IVOG annualized +12.48% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, IVOG or SCHD?
IVOG has been the more volatile fund at 16.7% annualized versus 13.6% for SCHD. Worst drawdown: IVOG -39.3% vs SCHD -33.4%.
Should I hold both IVOG and SCHD?
IVOG and SCHD have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVOG and SCHD?
IVOG and SCHD share 9 common holdings with a 1.7% weight overlap. Combined, they hold 336 unique securities.
Which pays a higher dividend, IVOG or SCHD?
IVOG yields 0.81% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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