IYF vs SCHD
IYF vs SCHD
iShares US Financials ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. IYF offers more diversification with 143 holdings.
Side-by-Side Comparison
| Metric | IYF | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.06% | |
| AUM | $4.6B | $103.7B | |
| Dividend Yield | 1.50% | 3.31% | |
| Holdings | 147 | 104 | |
| YTD Return | +6.35% | +23.53% | |
| 1Y Return | +14.39% | +30.95% | |
| 3Y Return (annualized) | +21.66% | +14.72% | |
| 5Y Return (annualized) | +12.02% | +9.56% | |
| Volatility (annualized) | 19.3% | 13.6% | |
| Max Drawdown | -80.2% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 22, 2000 | Oct 20, 2011 |
IYF vs SCHD Performance
iShares US Financials ETF (IYF) 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 IYF returned +14.39% while SCHD returned +30.95%. Year to date, IYF is up 6.35% versus a gain of 23.53% for SCHD.
Over three years, IYF compounded at +21.66% per year against +14.72% for SCHD; over five years the annualized figures are +12.02% and +9.56% respectively. Across the full 15-year window we track, SCHD has the edge at +11.35% annualized vs +5.49%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYF has been the more volatile fund, with annualized monthly volatility of 19.3% 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 -80.2% for IYF 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYF charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, IYF currently yields 1.50% against 3.31% for SCHD.
Holdings Overlap
IYF and SCHD share 15 holdings out of 228 unique holdings combined, representing a 5.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IYF | Weight in SCHD | Difference |
|---|---|---|---|
| BX | 1.41% | 2.38% | 0.97% |
| FITB | 0.80% | 1.35% | 0.55% |
| CINF | 0.44% | 0.72% | 0.28% |
| RF | Pro | Pro | Pro |
| TROW | Pro | Pro | Pro |
| ARES | Pro | Pro | Pro |
| PFG | Pro | Pro | Pro |
| EWBC | Pro | Pro | Pro |
| BR | Pro | Pro | Pro |
| FNF | Pro | Pro | Pro |
See all 10 holdings IYF 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, IYF or SCHD?
IYF has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IYF or SCHD?
Over the past year IYF returned +14.39% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IYF annualized +5.49% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, IYF or SCHD?
IYF has been the more volatile fund at 19.3% annualized versus 13.6% for SCHD. Worst drawdown: IYF -80.2% vs SCHD -33.4%.
Should I hold both IYF and SCHD?
IYF and SCHD have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IYF and SCHD?
IYF and SCHD share 15 common holdings with a 5.4% weight overlap. Combined, they hold 228 unique securities.
Which pays a higher dividend, IYF or SCHD?
IYF yields 1.50% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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