IWY vs SCHD
IWY vs SCHD
iShares Russell Top 200 Growth ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IWY offers more diversification with 102 holdings.
Side-by-Side Comparison
| Metric | IWY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.06% | |
| AUM | $15.7B | $103.7B | |
| Dividend Yield | 0.34% | 3.31% | |
| Holdings | 105 | 104 | |
| YTD Return | +5.52% | +24.08% | |
| 1Y Return | +14.25% | +31.88% | |
| 3Y Return (annualized) | +22.51% | +14.92% | |
| 5Y Return (annualized) | +13.71% | +9.85% | |
| Volatility (annualized) | 16.1% | 13.6% | |
| Max Drawdown | -32.7% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 22, 2009 | Oct 20, 2011 |
IWY vs SCHD Performance
iShares Russell Top 200 Growth ETF (IWY) 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 IWY returned +14.25% while SCHD returned +31.88%. Year to date, IWY is up 5.52% versus a gain of 24.08% for SCHD.
Over three years, IWY compounded at +22.51% per year against +14.92% for SCHD; over five years the annualized figures are +13.71% and +9.85% respectively. Across the full 15-year window we track, IWY has the edge at +15.89% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IWY has been the more volatile fund, with annualized monthly volatility of 16.1% 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 -32.7% for IWY 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IWY charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, IWY currently yields 0.34% against 3.31% for SCHD.
Holdings Overlap
IWY and SCHD share 8 holdings out of 194 unique holdings combined, representing a 3.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IWY | Weight in SCHD | Difference |
|---|---|---|---|
| HD | 0.90% | 4.16% | 3.26% |
| AMGN | 0.49% | 4.25% | 3.76% |
| TXN | 0.96% | 3.70% | 2.74% |
| KO | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| LMT | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| BX | Pro | Pro | Pro |
See all 8 holdings IWY 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, IWY or SCHD?
IWY has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, IWY or SCHD?
Over the past year IWY returned +14.25% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IWY annualized +15.89% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, IWY or SCHD?
IWY has been the more volatile fund at 16.1% annualized versus 13.6% for SCHD. Worst drawdown: IWY -32.7% vs SCHD -33.4%.
Should I hold both IWY and SCHD?
IWY and SCHD have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IWY and SCHD?
IWY and SCHD share 8 common holdings with a 3.3% weight overlap. Combined, they hold 194 unique securities.
Which pays a higher dividend, IWY or SCHD?
IWY yields 0.34% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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