IVV vs. SCHD
Compare and contrast key facts about iShares Core S&P 500 ETF (IVV) and Schwab US Dividend Equity ETF (SCHD).
IVV and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 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 IVV 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: IVV or SCHD.
Performance
IVV vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, IVV achieves a 25.50% return, which is significantly higher than SCHD's 16.26% return. Over the past 10 years, IVV has outperformed SCHD with an annualized return of 13.13%, while SCHD has yielded a comparatively lower 11.40% annualized return.
IVV
25.50%
1.17%
12.21%
32.17%
15.57%
13.13%
SCHD
16.26%
0.84%
10.89%
25.41%
12.67%
11.40%
Key characteristics
| IVV | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.62 | 2.27 |
| Sortino Ratio | 3.51 | 3.27 |
| Omega Ratio | 1.49 | 1.40 |
| Calmar Ratio | 3.79 | 3.34 |
| Martin Ratio | 17.04 | 12.25 |
| Ulcer Index | 1.87% | 2.05% |
| Daily Std Dev | 12.16% | 11.06% |
| Max Drawdown | -55.25% | -33.37% |
| Current Drawdown | -1.35% | -1.54% |
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IVV vs. SCHD - Expense Ratio Comparison
IVV has a 0.03% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, 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 IVV and SCHD is 0.86, 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
IVV vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P 500 ETF (IVV) 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
IVV vs. SCHD - Dividend Comparison
IVV's dividend yield for the trailing twelve months is around 1.25%, less than SCHD's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.25% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
SCHD Schwab US Dividend Equity ETF | 3.40% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
IVV vs. SCHD - Drawdown Comparison
The maximum IVV drawdown since its inception was -55.25%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IVV and SCHD. For additional features, visit the drawdowns tool.
Volatility
IVV vs. SCHD - Volatility Comparison
iShares Core S&P 500 ETF (IVV) has a higher volatility of 4.09% compared to Schwab US Dividend Equity ETF (SCHD) at 3.39%. This indicates that IVV'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.