IWF vs SCHD
IWF vs SCHD
iShares Russell 1000 Growth ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IWF offers more diversification with 369 holdings.
Side-by-Side Comparison
| Metric | IWF | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $120.5B | $103.7B | |
| Dividend Yield | 0.35% | 3.31% | |
| Holdings | 372 | 104 | |
| YTD Return | +4.90% | +23.53% | |
| 1Y Return | +11.94% | +30.95% | |
| 3Y Return (annualized) | +21.72% | +14.72% | |
| 5Y Return (annualized) | +12.45% | +9.56% | |
| Volatility (annualized) | 17.4% | 13.6% | |
| Max Drawdown | -66.8% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Oct 20, 2011 |
IWF vs SCHD Performance
iShares Russell 1000 Growth ETF (IWF) 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 IWF returned +11.94% while SCHD returned +30.95%. Year to date, IWF is up 4.90% versus a gain of 23.53% for SCHD.
Over three years, IWF compounded at +21.72% per year against +14.72% for SCHD; over five years the annualized figures are +12.45% and +9.56% respectively. Across the full 15-year window we track, SCHD has the edge at +11.35% annualized vs +7.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWF has been the more volatile fund, with annualized monthly volatility of 17.4% 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 -66.8% for IWF 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IWF 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, IWF currently yields 0.35% against 3.31% for SCHD.
Holdings Overlap
IWF and SCHD share 15 holdings out of 454 unique holdings combined, representing a 3.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IWF | Weight in SCHD | Difference |
|---|---|---|---|
| HD | 0.78% | 4.16% | 3.38% |
| AMGN | 0.42% | 4.25% | 3.83% |
| TXN | 0.83% | 3.70% | 2.87% |
| KO | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| LMT | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| BX | Pro | Pro | Pro |
| FAST | Pro | Pro | Pro |
| KMB | Pro | Pro | Pro |
See all 10 holdings IWF 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, IWF or SCHD?
IWF 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, IWF or SCHD?
Over the past year IWF returned +11.94% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IWF annualized +7.43% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, IWF or SCHD?
IWF has been the more volatile fund at 17.4% annualized versus 13.6% for SCHD. Worst drawdown: IWF -66.8% vs SCHD -33.4%.
Should I hold both IWF and SCHD?
IWF and SCHD 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 IWF and SCHD?
IWF and SCHD share 15 common holdings with a 3.2% weight overlap. Combined, they hold 454 unique securities.
Which pays a higher dividend, IWF or SCHD?
IWF yields 0.35% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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