IVE vs. SCHD
Compare and contrast key facts about iShares S&P 500 Value ETF (IVE) and Schwab US Dividend Equity ETF (SCHD).
IVE and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVE is a passively managed fund by iShares that tracks the performance of the S&P 500 Value Index. It was launched on May 22, 2000. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both IVE and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IVE or SCHD.
Performance
IVE vs. SCHD - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with IVE having a 18.05% return and SCHD slightly lower at 17.35%. Over the past 10 years, IVE has underperformed SCHD with an annualized return of 10.42%, while SCHD has yielded a comparatively higher 11.54% annualized return.
IVE
18.05%
1.87%
11.82%
25.71%
12.33%
10.42%
SCHD
17.35%
2.29%
13.68%
26.18%
12.87%
11.54%
Key characteristics
| IVE | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.67 | 2.40 |
| Sortino Ratio | 3.74 | 3.44 |
| Omega Ratio | 1.48 | 1.42 |
| Calmar Ratio | 4.83 | 3.63 |
| Martin Ratio | 15.49 | 12.99 |
| Ulcer Index | 1.71% | 2.05% |
| Daily Std Dev | 9.93% | 11.09% |
| Max Drawdown | -61.32% | -33.37% |
| Current Drawdown | -0.18% | -0.62% |
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IVE vs. SCHD - Expense Ratio Comparison
IVE has a 0.18% 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%.
Correlation
The correlation between IVE and SCHD is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
IVE vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) and Schwab US 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.
Dividends
IVE vs. SCHD - Dividend Comparison
IVE's dividend yield for the trailing twelve months is around 1.79%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVE iShares S&P 500 Value ETF | 1.79% | 1.65% | 2.10% | 1.81% | 2.37% | 2.11% | 2.74% | 2.12% | 2.26% | 2.45% | 2.14% | 2.04% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
IVE vs. SCHD - Drawdown Comparison
The maximum IVE drawdown since its inception was -61.32%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IVE and SCHD. For additional features, visit the drawdowns tool.
Volatility
IVE vs. SCHD - Volatility Comparison
iShares S&P 500 Value ETF (IVE) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.54% and 3.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.