IWD vs SCHD
IWD vs SCHD
iShares Russell 1000 Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. IWD delivered stronger 1-year returns. IWD offers more diversification with 753 holdings.
Side-by-Side Comparison
| Metric | IWD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $81.3B | $103.7B | |
| Dividend Yield | 1.44% | 3.31% | |
| Holdings | 874 | 104 | |
| YTD Return | +20.65% | +23.02% | |
| 1Y Return | +32.64% | +30.75% | |
| 3Y Return (annualized) | +18.82% | +14.89% | |
| 5Y Return (annualized) | +11.71% | +9.38% | |
| Volatility (annualized) | 15.1% | 13.6% | |
| Max Drawdown | -61.9% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Oct 20, 2011 |
IWD vs SCHD Performance
iShares Russell 1000 Value ETF (IWD) 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 IWD returned +32.64% while SCHD returned +30.75%. Year to date, IWD is up 20.65% versus a gain of 23.02% for SCHD.
Over three years, IWD compounded at +18.82% per year against +14.89% for SCHD; over five years the annualized figures are +11.71% and +9.38% respectively. Across the full 15-year window we track, SCHD has the edge at +11.33% annualized vs +6.40%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWD has been the more volatile fund, with annualized monthly volatility of 15.1% 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 -61.9% for IWD 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
IWD 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, IWD currently yields 1.44% against 3.31% for SCHD.
Holdings Overlap
IWD and SCHD share 52 holdings out of 801 unique holdings combined, representing a 10.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IWD | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 1.04% | 4.54% | 3.50% |
| MRK | 0.86% | 4.32% | 3.46% |
| PG | 0.96% | 4.15% | 3.19% |
| ABT | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings IWD 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, IWD or SCHD?
IWD 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, IWD or SCHD?
Over the past year IWD returned +32.64% vs +30.75% for SCHD, so IWD leads on 1-year performance. Over the longest common window we track (15 years), IWD annualized +6.40% vs +11.33% for SCHD. Past performance does not guarantee future results.
Which is riskier, IWD or SCHD?
IWD has been the more volatile fund at 15.1% annualized versus 13.6% for SCHD. Worst drawdown: IWD -61.9% vs SCHD -33.4%.
Should I hold both IWD and SCHD?
IWD 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 IWD and SCHD?
IWD and SCHD share 52 common holdings with a 10.9% weight overlap. Combined, they hold 801 unique securities.
Which pays a higher dividend, IWD or SCHD?
IWD yields 1.44% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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