PBUS vs SCHD

Quick Verdict

PBUS has a lower expense ratio. SCHD delivered stronger 1-year returns. PBUS offers more diversification with 501 holdings.

Lower Fees: PBUSHigher Returns: SCHDMore Diversified: PBUS

Side-by-Side Comparison

MetricPBUSSCHDWinner
Expense Ratio0.04%0.06%
AUM$11.3B$103.7B
Dividend Yield1.02%3.31%
Holdings540104
YTD Return+10.74%+23.02%
1Y Return+19.98%+30.75%
3Y Return (annualized)+20.56%+14.89%
5Y Return (annualized)+12.33%+9.38%
Volatility (annualized)16.1%13.6%
Max Drawdown-33.2%-33.4%
Fund FamilyInvesco (US)Charles Schwab Asset Management
CategoryEquityEquity
InceptionSep 22, 2017Oct 20, 2011

PBUS vs SCHD Performance

Invesco MSCI USA ETF (PBUS) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PBUS returned +19.98% while SCHD returned +30.75%. Year to date, PBUS is up 10.74% versus a gain of 23.02% for SCHD.

Over three years, PBUS compounded at +20.56% per year against +14.89% for SCHD; over five years the annualized figures are +12.33% and +9.38% respectively. Across the full 9-year window we track, PBUS has the edge at +14.99% annualized vs +11.33%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PBUS 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 -33.2% for PBUS 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PBUS charges 0.04% per year while SCHD charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, PBUS currently yields 1.02% against 3.31% for SCHD.

Holdings Overlap

7.7%overlap

PBUS and SCHD share 44 holdings out of 557 unique holdings combined, representing a 7.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PBUSWeight in SCHDDifference
UNH0.59%4.54%3.95%
MRK0.50%4.32%3.82%
ABT0.25%4.49%4.24%
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Frequently Asked Questions

Which is cheaper, PBUS or SCHD?

PBUS has an expense ratio of 0.04% while SCHD charges 0.06%. PBUS is the cheaper option. On a $10,000 investment, that is $2 per year of difference.

Which performed better, PBUS or SCHD?

Over the past year PBUS returned +19.98% vs +30.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), PBUS annualized +14.99% vs +11.33% for SCHD. Past performance does not guarantee future results.

Which is riskier, PBUS or SCHD?

PBUS has been the more volatile fund at 16.1% annualized versus 13.6% for SCHD. Worst drawdown: PBUS -33.2% vs SCHD -33.4%.

Should I hold both PBUS and SCHD?

PBUS and SCHD have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PBUS and SCHD?

PBUS and SCHD share 44 common holdings with a 7.7% weight overlap. Combined, they hold 557 unique securities.

Which pays a higher dividend, PBUS or SCHD?

PBUS yields 1.02% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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