IGE vs. SCHD

Last updated Jun 3, 2026

IGE (iShares North American Natural Resources ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - IGE is a Energy Equities fund tracking the S&P North American Natural Resources Sector Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, IGE returned 9.81%/yr vs 12.77%/yr for SCHD. A 0.67 correlation means they provide meaningful diversification when combined. IGE charges 0.39%/yr vs 0.06%/yr for SCHD.

Performance

IGE vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares North American Natural Resources ETF (IGE) 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, IGE achieves a 23.16% return, which is significantly higher than SCHD's 19.01% return. Over the past 10 years, IGE has underperformed SCHD with an annualized return of 9.81%, while SCHD has yielded a comparatively higher 12.77% annualized return.

IGE

• 1D: 1.62%
• 1M: -0.06%
• YTD: 23.16%
• 6M: 25.35%
• 1Y: 45.28%
• 3Y*: 20.31%
• 5Y*: 17.42%
• 10Y*: 9.81%

SCHD

• 1D: 0.59%
• 1M: 1.60%
• YTD: 19.01%
• 6M: 20.36%
• 1Y: 28.08%
• 3Y*: 15.09%
• 5Y*: 8.49%
• 10Y*: 12.77%

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

IGE vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGE iShares North American Natural Resources ETF	23.16%	20.41%	7.55%	3.12%	33.24%	39.42%	-19.58%	17.16%	-21.59%	0.82%
SCHD Schwab U.S. Dividend Equity ETF	19.01%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between IGE and SCHD is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011	0.67

The correlation between IGE and SCHD shifts across timeframes, from 0.54 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

IGE vs. SCHD - Sectors Allocation Comparison

Sectors	IGE	SCHD
Energy	71.9%	16.2%
Basic Materials	24.5%	1.2%
Consumer Cyclical	3.3%	6.3%
Healthcare	0.2%	18.8%
Industrials	0.1%	7.5%
Communication Services	-	6.3%
Consumer Defensive	-	19.2%
Financial Services	-	9.3%
Real Estate	-	-
Technology	-	16.4%
Utilities	-	0.0%

Return for Risk

IGE vs. SCHD — Risk / Return Rank

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

IGE

IGE Risk / Return Rank: 86
IGE Sharpe Ratio Rank: 86
IGE Sortino Ratio Rank: 83
IGE Omega Ratio Rank: 78
IGE Calmar Ratio Rank: 95
IGE Martin Ratio Rank: 90

SCHD

SCHD Risk / Return Rank: 82
SCHD Sharpe Ratio Rank: 78
SCHD Sortino Ratio Rank: 87
SCHD Omega Ratio Rank: 76
SCHD Calmar Ratio Rank: 92
SCHD Martin Ratio Rank: 77

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.

IGE vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares North American Natural Resources ETF (IGE) 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.

	IGE	SCHD	Difference
Sharpe ratio Return per unit of total volatility	2.85	2.57	+0.27
Sortino ratio Return per unit of downside risk	3.75	3.98	-0.23
Omega ratio Gain probability vs. loss probability	1.47	1.46	+0.01
Calmar ratio Return relative to maximum drawdown	8.59	6.17	+2.42
Martin ratio Return relative to average drawdown	21.23	15.20	+6.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGE vs. SCHD - Sharpe Ratio Comparison

The current IGE Sharpe Ratio is 2.85, which is comparable to the SCHD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of IGE 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.

Sharpe Ratios by Period

	IGE	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.85	2.57	+0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.59	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.77	-0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.86	-0.56

Drawdowns

IGE vs. SCHD - Drawdown Comparison

The maximum IGE drawdown since its inception was -67.55%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IGE and SCHD.

Drawdown Indicators

	IGE	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-67.55%	-33.37%	-34.18%
Max Drawdown (1Y) Largest decline over 1 year	-5.54%	-4.61%	-0.93%
Max Drawdown (3Y) Largest decline over 3 years	-19.49%	-16.13%	-3.36%
Max Drawdown (5Y) Largest decline over 5 years	-25.72%	-16.85%	-8.87%
Max Drawdown (10Y) Largest decline over 10 years	-60.57%	-33.37%	-27.20%
Current Drawdown Current decline from peak	-2.71%	-1.40%	-1.31%
Average Drawdown Average peak-to-trough decline	-18.90%	-3.32%	-15.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	1.87%	+0.37%

Volatility

IGE vs. SCHD - Volatility Comparison

iShares North American Natural Resources ETF (IGE) has a higher volatility of 4.40% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.92%. This indicates that IGE's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGE	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.40%	2.92%	+1.48%
Volatility (6M) Calculated over the trailing 6-month period	12.67%	7.66%	+5.01%
Volatility (1Y) Calculated over the trailing 1-year period	16.05%	10.96%	+5.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.45%	14.38%	+8.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.95%	16.72%	+8.23%

IGE vs. SCHD - Expense Ratio Comparison

IGE has a 0.39% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

IGE vs. SCHD - Dividend Comparison

IGE's dividend yield for the trailing twelve months is around 1.89%, less than SCHD's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGE iShares North American Natural Resources ETF	1.89%	2.32%	2.54%	2.85%	2.96%	2.92%	3.34%	5.55%	2.68%	2.11%	1.66%	3.08%
SCHD Schwab U.S. Dividend Equity ETF	3.26%	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 IGE and SCHD in my portfolio?

IGE and SCHD have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGE or SCHD?

IGE has higher volatility (4.40%) compared to SCHD (2.92%). In terms of maximum drawdown, IGE dropped -67.55% vs SCHD's -33.37%.

Which ETF is better, IGE or SCHD?

On 10-year performance, SCHD leads with 12.77% vs 9.81% for IGE. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGE or SCHD?

Over the 10-year period, SCHD has performed better with a 12.77% return vs 9.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGE or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.39% for IGE.

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

SCHD has the higher dividend yield at 3.26%, compared with 1.89% for IGE.

What is the main difference between IGE and SCHD?

IGE is categorized as Energy Equities, while SCHD is Dividend. IGE tracks S&P North American Natural Resources Sector Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.39% for IGE and 0.06% for SCHD.

Which has better risk-adjusted returns?

IGE currently has the higher Sharpe Ratio (2.85 vs 2.57), 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.