IUS vs. SCHD

Last updated Jun 24, 2026

IUS (Invesco RAFI Strategic US ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - IUS is a Large Cap Blend Equities fund tracking the Invesco Strategic US Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, IUS returned 13.73%/yr vs 8.71%/yr for SCHD. Their correlation of 0.82 suggests significant overlap in exposure. IUS charges 0.19%/yr vs 0.06%/yr for SCHD.

Performance

IUS vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco RAFI Strategic US ETF (IUS) 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, IUS achieves a 14.43% return, which is significantly lower than SCHD's 17.72% return.

IUS

• 1D: -0.02%
• 1M: 0.18%
• YTD: 14.43%
• 6M: 13.98%
• 1Y: 30.78%
• 3Y*: 19.91%
• 5Y*: 13.73%
• 10Y*: —

SCHD

• 1D: 0.41%
• 1M: -2.47%
• YTD: 17.72%
• 6M: 17.25%
• 1Y: 24.56%
• 3Y*: 14.60%
• 5Y*: 8.71%
• 10Y*: 12.72%

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

IUS vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
IUS Invesco RAFI Strategic US ETF	14.43%	16.94%	16.51%	20.79%	-8.34%	32.17%	15.09%	29.34%	-12.28%
SCHD Schwab U.S. Dividend Equity ETF	17.72%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-10.17%

Correlation

The correlation between IUS and SCHD is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018	0.82

The correlation between IUS and SCHD shifts across timeframes, from 0.66 (1 year) to 0.85 (5 years), reflecting how their relationship changes across market environments.

IUS vs. SCHD - Sectors Allocation Comparison

Sectors	IUS	SCHD
Technology	26.7%	19.4%
Communication Services	13.0%	6.0%
Healthcare	12.6%	18.4%
Consumer Cyclical	10.4%	6.7%
Industrials	9.7%	7.4%
Energy	9.4%	14.6%
Consumer Defensive	6.9%	18.5%
Financial Services	6.8%	9.1%
Basic Materials	3.2%	1.2%
Utilities	1.0%	0.0%
Real Estate	0.4%	-

Return for Risk

IUS vs. SCHD — Risk / Return Rank

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

IUS

IUS Risk / Return Rank: 90
IUS Sharpe Ratio Rank: 90
IUS Sortino Ratio Rank: 90
IUS Omega Ratio Rank: 88
IUS Calmar Ratio Rank: 89
IUS Martin Ratio Rank: 91

SCHD

SCHD Risk / Return Rank: 77
SCHD Sharpe Ratio Rank: 72
SCHD Sortino Ratio Rank: 80
SCHD Omega Ratio Rank: 70
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.

IUS vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI Strategic US ETF (IUS) 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.

	IUS	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	2.89	2.23	+0.66
Sortino ratio: Return per unit of downside risk	3.95	3.40	+0.55
Omega ratio: Gain probability vs. loss probability	1.53	1.40	+0.13
Calmar ratio: Return relative to maximum drawdown	5.03	5.35	-0.32
Martin ratio: Return relative to average drawdown	20.93	12.94	+8.00

IUS vs. SCHD - Sharpe Ratio Comparison

The current IUS Sharpe Ratio is 2.89, which is comparable to the SCHD Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of IUS 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

IUS vs. SCHD - Drawdown Comparison

The maximum IUS drawdown since its inception was -34.67%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IUS and SCHD.

Drawdown Indicators

	IUS	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-34.67%	-33.37%	-1.30%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-4.61%	-1.54%
Max Drawdown (3Y) Largest decline over 3 years	-15.61%	-16.13%	+0.52%
Max Drawdown (5Y) Largest decline over 5 years	-18.72%	-16.85%	-1.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-1.76%	-2.47%	+0.71%
Average Drawdown Average peak-to-trough decline	-3.85%	-3.31%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	1.90%	-0.43%

Volatility

IUS vs. SCHD - Volatility Comparison

Invesco RAFI Strategic US ETF (IUS) has a higher volatility of 3.84% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.58%. This indicates that IUS'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

	IUS	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.84%	3.58%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	8.03%	7.73%	+0.30%
Volatility (1Y) Calculated over the trailing 1-year period	10.69%	11.07%	-0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.03%	14.36%	+0.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.02%	16.71%	+1.31%

IUS vs. SCHD - Expense Ratio Comparison

IUS has a 0.19% 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

IUS vs. SCHD - Dividend Comparison

IUS's dividend yield for the trailing twelve months is around 1.30%, less than SCHD's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUS Invesco RAFI Strategic US ETF	1.30%	1.48%	1.52%	1.72%	1.78%	1.46%	1.74%	1.77%	0.73%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.30%	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 IUS and SCHD in my portfolio?

IUS and SCHD have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IUS or SCHD?

IUS has higher volatility (3.84%) compared to SCHD (3.58%). In terms of maximum drawdown, IUS dropped -34.67% vs SCHD's -33.37%.

Which ETF is better, IUS or SCHD?

On 5-year performance, IUS leads with 13.73% vs 8.71% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IUS or SCHD?

Over the 5-year period, IUS has performed better with a 13.73% return vs 8.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IUS or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.19% for IUS.

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

SCHD has the higher dividend yield at 3.30%, compared with 1.30% for IUS.

What is the main difference between IUS and SCHD?

IUS is categorized as Large Cap Blend Equities, while SCHD is Dividend. IUS tracks Invesco Strategic US Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Invesco and Charles Schwab. Their fees differ too: 0.19% for IUS and 0.06% for SCHD.

Which has better risk-adjusted returns?

IUS currently has the higher Sharpe Ratio (2.89 vs 2.23), 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.