SCHD vs XVV
SCHD vs XVV
Schwab US Dividend Equity ETF vs iShares ESG Select Screened S&P 500 ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. XVV offers more diversification with 438 holdings.
Side-by-Side Comparison
| Metric | SCHD | XVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.08% | |
| AUM | $103.7B | $640M | |
| Dividend Yield | 3.31% | 0.94% | |
| Holdings | 104 | 448 | |
| YTD Return | +23.53% | +12.24% | |
| 1Y Return | +30.95% | +21.76% | |
| 3Y Return (annualized) | +14.72% | +21.06% | |
| 5Y Return (annualized) | +9.56% | +12.90% | |
| Volatility (annualized) | 13.6% | 16.1% | |
| Max Drawdown | -33.4% | -27.2% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Sep 22, 2020 |
SCHD vs XVV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares ESG Select Screened S&P 500 ETF (XVV) is a ETF from iShares by BlackRock (US). Over the past year SCHD returned +30.95% while XVV returned +21.76%. Year to date, SCHD is up 23.53% versus a gain of 12.24% for XVV.
Over three years, SCHD compounded at +14.72% per year against +21.06% for XVV; over five years the annualized figures are +9.56% and +12.90% respectively. Across the full 6-year window we track, XVV has the edge at +17.14% annualized vs +11.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XVV 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 -33.4% for SCHD and -27.2% for XVV. 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while XVV charges 0.08%. On a $10,000 position that is $6 vs $8 annually, a gap of $2 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.94% for XVV.
Holdings Overlap
SCHD and XVV share 37 holdings out of 501 unique holdings combined, representing a 7.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in XVV | Difference |
|---|---|---|---|
| UNH | 4.54% | 0.66% | 3.88% |
| MRK | 4.32% | 0.54% | 3.78% |
| ABT | 4.49% | 0.29% | 4.20% |
| HD | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings SCHD shares with XVV 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, SCHD or XVV?
SCHD has an expense ratio of 0.06% while XVV charges 0.08%. SCHD is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, SCHD or XVV?
Over the past year SCHD returned +30.95% vs +21.76% for XVV, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +11.35% vs +17.14% for XVV. Past performance does not guarantee future results.
Which is riskier, SCHD or XVV?
XVV has been the more volatile fund at 16.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs XVV -27.2%.
Should I hold both SCHD and XVV?
SCHD and XVV have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and XVV?
SCHD and XVV share 37 common holdings with a 7.1% weight overlap. Combined, they hold 501 unique securities.
Which pays a higher dividend, SCHD or XVV?
SCHD yields 3.31% while XVV yields 0.94%, so SCHD currently pays the higher dividend yield.
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