PABD vs SCHD
PABD vs SCHD
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. PABD offers more diversification with 404 holdings.
Side-by-Side Comparison
| Metric | PABD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.12% | 0.06% | |
| AUM | $327M | $103.7B | |
| Dividend Yield | 3.02% | 3.31% | |
| Holdings | 432 | 104 | |
| YTD Return | +10.25% | +24.08% | |
| 1Y Return | +22.57% | +31.88% | |
| 3Y Return (annualized) | - | +14.92% | |
| 5Y Return (annualized) | - | +9.85% | |
| Volatility (annualized) | 12.0% | 13.6% | |
| Max Drawdown | -12.7% | -33.4% | |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 17, 2024 | Oct 20, 2011 |
PABD vs SCHD Performance
iShares Paris-Aligned Climate Optimized MSCI World ex USA ETF (PABD) 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 PABD returned +22.57% while SCHD returned +31.88%. Year to date, PABD is up 10.25% versus a gain of 24.08% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.0% for PABD. 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 -12.7% for PABD 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PABD charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, PABD currently yields 3.02% against 3.31% for SCHD.
Holdings Overlap
PABD and SCHD share 1 holdings out of 503 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PABD | Weight in SCHD | Difference |
|---|---|---|---|
| MRK | 0.14% | 4.32% | 4.18% |
Frequently Asked Questions
Which is cheaper, PABD or SCHD?
PABD has an expense ratio of 0.12% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, PABD or SCHD?
Over the past year PABD returned +22.57% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), PABD annualized +19.77% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, PABD or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.0% for PABD. Worst drawdown: PABD -12.7% vs SCHD -33.4%.
Should I hold both PABD and SCHD?
PABD and SCHD have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PABD and SCHD?
PABD and SCHD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 503 unique securities.
Which pays a higher dividend, PABD or SCHD?
PABD yields 3.02% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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