IVV vs SCHI
IVV vs SCHI
iShares Core S&P 500 ETF vs Schwab 5-10 Year Corporate Bond ETF
Quick Verdict
IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | SCHI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $865.2B | $11.5B | |
| Dividend Yield | 1.09% | 5.02% | |
| Holdings | 508 | 2,316 | |
| YTD Return | +13.13% | -0.59% | |
| 1Y Return | +22.90% | +2.11% | |
| 3Y Return (annualized) | +21.08% | +5.73% | |
| 5Y Return (annualized) | +13.27% | +0.68% | |
| Volatility (annualized) | 15.1% | 7.6% | |
| Max Drawdown | -56.5% | -20.7% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | May 15, 2000 | Oct 10, 2019 |
IVV vs SCHI Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Schwab 5-10 Year Corporate Bond ETF (SCHI) is a ETF from Charles Schwab Asset Management. Over the past year IVV returned +22.90% while SCHI returned +2.11%. Year to date, IVV is up 13.13% versus a loss of 0.59% for SCHI.
Over three years, IVV compounded at +21.08% per year against +5.73% for SCHI; over five years the annualized figures are +13.27% and +0.68% respectively. Across the full 7-year window we track, IVV has the edge at +7.02% annualized vs +1.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 7.6% for SCHI. 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 -56.5% for IVV and -20.7% for SCHI. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IVV charges 0.03% per year while SCHI charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, IVV currently yields 1.09% against 5.02% for SCHI.
Holdings Overlap
IVV and SCHI share 3 holdings out of 508 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IVV or SCHI?
IVV has an expense ratio of 0.03% while SCHI charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, IVV or SCHI?
Over the past year IVV returned +22.90% vs +2.11% for SCHI, so IVV leads on 1-year performance. Over the longest common window we track (7 years), IVV annualized +7.02% vs +1.48% for SCHI. Past performance does not guarantee future results.
Which is riskier, IVV or SCHI?
IVV has been the more volatile fund at 15.1% annualized versus 7.6% for SCHI. Worst drawdown: IVV -56.5% vs SCHI -20.7%.
Should I hold both IVV and SCHI?
IVV and SCHI have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IVV and SCHI?
IVV and SCHI share 3 common holdings with a 0.2% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, IVV or SCHI?
IVV yields 1.09% while SCHI yields 5.02%, so SCHI currently pays the higher dividend yield.
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