IGM vs. SCHD

Last updated Jun 9, 2026

IGM (iShares Expanded Tech Sector ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - IGM is a Technology Equities fund tracking the S&P North American Expanded Technology 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, IGM returned 24.50%/yr vs 12.65%/yr for SCHD. A 0.61 correlation means they provide meaningful diversification when combined. IGM charges 0.39%/yr vs 0.06%/yr for SCHD.

Performance

IGM vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Expanded Tech Sector ETF (IGM) 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, IGM achieves a 23.52% return, which is significantly higher than SCHD's 18.71% return. Over the past 10 years, IGM has outperformed SCHD with an annualized return of 24.50%, while SCHD has yielded a comparatively lower 12.65% annualized return.

IGM

• 1D: 1.82%
• 1M: 3.30%
• YTD: 23.52%
• 6M: 19.92%
• 1Y: 50.26%
• 3Y*: 36.62%
• 5Y*: 20.46%
• 10Y*: 24.50%

SCHD

• 1D: -0.03%
• 1M: 2.12%
• YTD: 18.71%
• 6M: 19.28%
• 1Y: 26.37%
• 3Y*: 14.73%
• 5Y*: 8.49%
• 10Y*: 12.65%

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

IGM vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGM iShares Expanded Tech Sector ETF	23.52%	26.76%	36.99%	60.68%	-35.83%	25.72%	45.11%	41.81%	2.26%	37.20%
SCHD Schwab U.S. Dividend Equity ETF	18.71%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between IGM and SCHD is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Oct 21, 2011	0.61

Over the past year, the correlation between IGM and SCHD has dropped to 0.09 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

IGM vs. SCHD - Sectors Allocation Comparison

Sectors	IGM	SCHD
Technology	82.8%	16.4%
Communication Services	16.8%	6.3%
Financial Services	0.2%	9.3%
Industrials	0.2%	7.5%
Energy	0.1%	16.2%
Consumer Cyclical	0.1%	6.3%
Basic Materials	-	1.2%
Consumer Defensive	-	19.2%
Healthcare	-	18.8%
Real Estate	-	-
Utilities	-	0.0%

Return for Risk

IGM vs. SCHD — Risk / Return Rank

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

IGM

IGM Risk / Return Rank: 72
IGM Sharpe Ratio Rank: 81
IGM Sortino Ratio Rank: 71
IGM Omega Ratio Rank: 74
IGM Calmar Ratio Rank: 67
IGM Martin Ratio Rank: 64

SCHD

SCHD Risk / Return Rank: 85
SCHD Sharpe Ratio Rank: 83
SCHD Sortino Ratio Rank: 89
SCHD Omega Ratio Rank: 81
SCHD Calmar Ratio Rank: 92
SCHD Martin Ratio Rank: 80

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.

IGM vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) 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.

	IGM	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	2.35	2.43	-0.08
Sortino ratio: Return per unit of downside risk	2.91	3.75	-0.84
Omega ratio: Gain probability vs. loss probability	1.39	1.43	-0.04
Calmar ratio: Return relative to maximum drawdown	3.07	5.74	-2.67
Martin ratio: Return relative to average drawdown	10.67	14.06	-3.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGM vs. SCHD - Sharpe Ratio Comparison

The current IGM Sharpe Ratio is 2.35, which is comparable to the SCHD Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of IGM 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

	IGM	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	2.43	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.59	+0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.00	0.76	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.86	-0.39

Drawdowns

IGM vs. SCHD - Drawdown Comparison

The maximum IGM drawdown since its inception was -65.59%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IGM and SCHD.

Drawdown Indicators

	IGM	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-65.59%	-33.37%	-32.22%
Max Drawdown (1Y) Largest decline over 1 year	-16.44%	-4.61%	-11.83%
Max Drawdown (3Y) Largest decline over 3 years	-26.39%	-16.13%	-10.26%
Max Drawdown (5Y) Largest decline over 5 years	-40.68%	-16.85%	-23.83%
Max Drawdown (10Y) Largest decline over 10 years	-40.68%	-33.37%	-7.31%
Current Drawdown Current decline from peak	-6.73%	-1.64%	-5.09%
Average Drawdown Average peak-to-trough decline	-15.23%	-3.32%	-11.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.73%	1.88%	+2.85%

Volatility

IGM vs. SCHD - Volatility Comparison

iShares Expanded Tech Sector ETF (IGM) has a higher volatility of 9.40% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.83%. This indicates that IGM'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

	IGM	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.40%	2.83%	+6.57%
Volatility (6M) Calculated over the trailing 6-month period	17.54%	7.60%	+9.94%
Volatility (1Y) Calculated over the trailing 1-year period	21.54%	10.94%	+10.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.84%	14.38%	+11.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.63%	16.72%	+7.91%

IGM vs. SCHD - Expense Ratio Comparison

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

Dividends

IGM vs. SCHD - Dividend Comparison

IGM's dividend yield for the trailing twelve months is around 0.13%, less than SCHD's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IGM iShares Expanded Tech Sector ETF	0.13%	0.17%	0.22%	0.33%	0.66%	0.16%	0.32%	0.50%	0.57%	0.57%	0.90%	0.79%
SCHD Schwab U.S. Dividend Equity ETF	3.27%	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 IGM and SCHD in my portfolio?

IGM and SCHD have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGM or SCHD?

IGM has higher volatility (9.40%) compared to SCHD (2.83%). In terms of maximum drawdown, IGM dropped -65.59% vs SCHD's -33.37%.

Which ETF is better, IGM or SCHD?

On 10-year performance, IGM leads with 24.50% vs 12.65% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.83%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGM or SCHD?

Over the 10-year period, IGM has performed better with a 24.50% return vs 12.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGM or SCHD?

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

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

SCHD has the higher dividend yield at 3.27%, compared with 0.13% for IGM.

What is the main difference between IGM and SCHD?

IGM is categorized as Technology Equities, while SCHD is Dividend. IGM tracks S&P North American Expanded Technology 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 IGM and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.43 vs 2.35), 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.