NISM vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: TiedMore Diversified: SCHD

Side-by-Side Comparison

MetricNISMSCHDWinner
Expense Ratio0.70%0.06%
AUM-$103.7B
Dividend Yield0.25%3.31%
Holdings88104
YTD Return-0.61%+22.69%
1Y Return-+30.94%
3Y Return (annualized)-+14.20%
5Y Return (annualized)-+9.59%
Volatility (annualized)-13.7%
Max Drawdown-4.3%-33.4%
Fund FamilyNew York Life Investment Management LLCCharles Schwab Asset Management
CategoryEquityEquity
InceptionMay 13, 2026Oct 20, 2011

NISM vs SCHD Performance

NYLI International Small-Mid Cap Equity ETF (NISM) is a ETF from New York Life Investment Management LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, NISM is down 0.61% versus a gain of 22.69% for SCHD.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -4.3% for NISM and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

NISM charges 0.70% per year while SCHD charges 0.06%. On a $10,000 position that is $70 vs $6 annually, a gap of $64 per year that compounds over a long holding period. On income, NISM currently yields 0.25% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

NISM and SCHD share 0 holdings out of 188 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, NISM or SCHD?

NISM has an expense ratio of 0.70% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $64 per year of difference.

What is the holdings overlap between NISM and SCHD?

NISM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 188 unique securities.

Which pays a higher dividend, NISM or SCHD?

NISM yields 0.25% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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