AVIE vs. SCHD

Last updated Jun 23, 2026

AVIE (Avantis Inflation Focused Equity ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - AVIE is a Large Cap Blend Equities fund actively managed by Avantis, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. AVIE is actively managed, while SCHD is passively managed. Over the past 3 years, AVIE returned 12.88%/yr vs 14.45%/yr for SCHD. Their correlation of 0.84 suggests significant overlap in exposure. AVIE charges 0.25%/yr vs 0.06%/yr for SCHD.

Performance

AVIE vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Inflation Focused Equity ETF (AVIE) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVIE achieves a 12.27% return, which is significantly lower than SCHD's 17.24% return.

AVIE

• 1D: 0.62%
• 1M: -1.83%
• YTD: 12.27%
• 6M: 12.05%
• 1Y: 21.85%
• 3Y*: 12.88%
• 5Y*: —
• 10Y*: —

SCHD

• 1D: 0.09%
• 1M: -2.86%
• YTD: 17.24%
• 6M: 16.44%
• 1Y: 24.06%
• 3Y*: 14.45%
• 5Y*: 8.77%
• 10Y*: 12.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVIE vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVIE Avantis Inflation Focused Equity ETF	12.27%	11.37%	6.17%	4.19%	15.20%
SCHD Schwab U.S. Dividend Equity ETF	17.24%	4.34%	11.66%	4.54%	11.67%

Correlation

The correlation between AVIE and SCHD is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 29, 2022	0.84

The correlation between AVIE and SCHD has been stable across timeframes, ranging from 0.82 to 0.84 - a consistent structural relationship.

AVIE vs. SCHD - Sectors Allocation Comparison

Sectors	AVIE	SCHD
Energy	30.1%	14.6%
Healthcare	26.3%	18.4%
Consumer Defensive	17.1%	18.5%
Financial Services	15.0%	9.1%
Basic Materials	9.8%	1.2%
Industrials	1.1%	7.4%
Real Estate	0.1%	-
Utilities	0.1%	0.0%
Consumer Cyclical	0.1%	6.7%
Technology	0.1%	19.4%
Communication Services	-	6.0%

Return for Risk

AVIE vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVIE

AVIE Risk / Return Rank: 74
AVIE Sharpe Ratio Rank: 71
AVIE Sortino Ratio Rank: 74
AVIE Omega Ratio Rank: 67
AVIE Calmar Ratio Rank: 84
AVIE Martin Ratio Rank: 74

SCHD

SCHD Risk / Return Rank: 76
SCHD Sharpe Ratio Rank: 70
SCHD Sortino Ratio Rank: 79
SCHD Omega Ratio Rank: 68
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVIE vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Inflation Focused Equity ETF (AVIE) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVIE	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	2.21	2.18	+0.02
Sortino ratio: Return per unit of downside risk	3.16	3.34	-0.18
Omega ratio: Gain probability vs. loss probability	1.39	1.39	0.00
Calmar ratio: Return relative to maximum drawdown	4.42	5.24	-0.82
Martin ratio: Return relative to average drawdown	13.43	12.71	+0.72

AVIE vs. SCHD - Sharpe Ratio Comparison

The current AVIE Sharpe Ratio is 2.21, which is comparable to the SCHD Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of AVIE and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVIE vs. SCHD - Drawdown Comparison

The maximum AVIE drawdown since its inception was -12.39%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for AVIE and SCHD.

Drawdown Indicators

	AVIE	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-12.39%	-33.37%	+20.98%
Max Drawdown (1Y) Largest decline over 1 year	-4.97%	-4.61%	-0.36%
Max Drawdown (3Y) Largest decline over 3 years	-12.39%	-16.13%	+3.74%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-2.39%	-2.86%	+0.47%
Average Drawdown Average peak-to-trough decline	-3.00%	-3.31%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	1.90%	-0.27%

Volatility

AVIE vs. SCHD - Volatility Comparison

The current volatility for Avantis Inflation Focused Equity ETF (AVIE) is 2.78%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 3.58%. This indicates that AVIE experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVIE	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.78%	3.58%	-0.80%
Volatility (6M) Calculated over the trailing 6-month period	7.03%	7.74%	-0.71%
Volatility (1Y) Calculated over the trailing 1-year period	9.97%	11.09%	-1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	14.36%	-1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	16.73%	-3.83%

AVIE vs. SCHD - Expense Ratio Comparison

AVIE has a 0.25% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AVIE vs. SCHD - Dividend Comparison

AVIE's dividend yield for the trailing twelve months is around 1.89%, less than SCHD's 3.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVIE Avantis Inflation Focused Equity ETF	1.89%	1.75%	1.89%	3.72%	0.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.31%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both AVIE and SCHD in my portfolio?

AVIE and SCHD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVIE or SCHD?

SCHD has higher volatility (3.58%) compared to AVIE (2.78%). In terms of maximum drawdown, AVIE dropped -12.39% vs SCHD's -33.37%.

Which ETF is better, AVIE or SCHD?

On 3-year performance, SCHD leads with 14.45% vs 12.88% for AVIE. On fees, SCHD is cheaper at 0.06% per year. On volatility, AVIE has been the lower-risk option at 2.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVIE or SCHD?

Over the 3-year period, SCHD has performed better with a 14.45% return vs 12.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVIE or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.25% for AVIE.

Which ETF pays a higher dividend yield, AVIE or SCHD?

SCHD has the higher dividend yield at 3.31%, compared with 1.89% for AVIE.

What is the main difference between AVIE and SCHD?

AVIE is categorized as Large Cap Blend Equities, while SCHD is Dividend. They also come from different issuers: Avantis and Charles Schwab. Their fees differ too: 0.25% for AVIE and 0.06% for SCHD.

Which has better risk-adjusted returns?

AVIE currently has the higher Sharpe Ratio (2.21 vs 2.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.