SCHV vs. DIVB
SCHV (Schwab U.S. Large-Cap Value ETF) and DIVB (iShares U.S. Dividend and Buyback ETF) are both exchange-traded funds - SCHV is a Large Cap Value Equities fund tracking the Dow Jones U.S. Large-Cap Value Total Stock Market Index, while DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, SCHV returned 10.33%/yr vs 11.98%/yr for DIVB. Their correlation of 0.94 suggests significant overlap in exposure. SCHV charges 0.04%/yr vs 0.25%/yr for DIVB.
Performance
SCHV vs. DIVB - Performance Comparison
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Returns By Period
In the year-to-date period, SCHV achieves a 14.24% return, which is significantly lower than DIVB's 16.10% return.
SCHV
- 1D
- 0.45%
- 1M
- 3.06%
- YTD
- 14.24%
- 6M
- 15.31%
- 1Y
- 26.78%
- 3Y*
- 18.05%
- 5Y*
- 10.33%
- 10Y*
- 11.38%
DIVB
- 1D
- 0.09%
- 1M
- 5.36%
- YTD
- 16.10%
- 6M
- 16.58%
- 1Y
- 27.52%
- 3Y*
- 21.21%
- 5Y*
- 11.98%
- 10Y*
- —
SCHV vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHV Schwab U.S. Large-Cap Value ETF | 14.24% | 16.02% | 14.13% | 8.93% | -7.65% | 25.58% | 2.64% | 25.92% | -7.30% | 4.36% |
DIVB iShares U.S. Dividend and Buyback ETF | 16.10% | 15.09% | 18.59% | 13.27% | -10.51% | 31.29% | 10.78% | 32.72% | -8.16% | 5.95% |
Correlation
The correlation between SCHV and DIVB is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2017 | 0.94 |
The correlation between SCHV and DIVB has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
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Return for Risk
SCHV vs. DIVB — Risk / Return Rank
SCHV
DIVB
SCHV vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap Value ETF (SCHV) and iShares U.S. Dividend and Buyback ETF (DIVB). 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.
| SCHV | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.42 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 4.05 | -0.11 |
| Martin ratioReturn relative to average drawdown | 15.87 | 13.75 | +2.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCHV | DIVB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 2.40 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 0.79 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.75 | -0.04 |
Drawdowns
SCHV vs. DIVB - Drawdown Comparison
The maximum SCHV drawdown since its inception was -37.08%, roughly equal to the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for SCHV and DIVB.
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Drawdown Indicators
| SCHV | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.08% | -36.93% | -0.15% |
Max Drawdown (1Y)Largest decline over 1 year | -6.83% | -6.82% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -15.26% | -15.45% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -19.78% | -21.08% | +1.30% |
Max Drawdown (10Y)Largest decline over 10 years | -37.08% | — | — |
Current DrawdownCurrent decline from peak | -1.49% | -1.98% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -4.99% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 2.01% | -0.32% |
Volatility
SCHV vs. DIVB - Volatility Comparison
The current volatility for Schwab U.S. Large-Cap Value ETF (SCHV) is 3.33%, while iShares U.S. Dividend and Buyback ETF (DIVB) has a volatility of 4.05%. This indicates that SCHV experiences smaller price fluctuations and is considered to be less risky than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHV | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 4.05% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 8.37% | 8.68% | -0.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.80% | 11.53% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.53% | 15.26% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.95% | 18.38% | -1.43% |
SCHV vs. DIVB - Expense Ratio Comparison
SCHV has a 0.04% expense ratio, which is lower than DIVB's 0.25% 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%.
Dividends
SCHV vs. DIVB - Dividend Comparison
SCHV's dividend yield for the trailing twelve months is around 1.78%, less than DIVB's 2.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares U.S. Dividend and Buyback ETF | 2.21% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% | 0.00% | 0.00% |
SCHV Schwab U.S. Large-Cap Value ETF | 1.78% | 2.02% | 2.25% | 2.42% | 2.37% | 1.93% | 3.03% | 3.02% | 3.05% | 2.37% | 2.65% | 2.69% |
Frequently Asked Questions
With a correlation of 0.92, SCHV and DIVB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
DIVB has higher volatility (4.05%) compared to SCHV (3.33%). In terms of maximum drawdown, SCHV dropped -37.08% vs DIVB's -36.93%.
On 5-year performance, DIVB leads with 11.98% vs 10.33% for SCHV. On fees, SCHV is cheaper at 0.04% per year. On volatility, SCHV has been the lower-risk option at 3.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, DIVB has performed better with a 11.98% return vs 10.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHV is cheaper with a 0.04% expense ratio, compared with 0.25% for DIVB.
DIVB has the higher dividend yield at 2.21%, compared with 1.78% for SCHV.
SCHV is categorized as Large Cap Value Equities, while DIVB is Large Cap Blend Equities. SCHV tracks Dow Jones U.S. Large-Cap Value Total Stock Market Index, while DIVB tracks Morningstar US Dividend and Buyback Index. They also come from different issuers: Charles Schwab and iShares. Their fees differ too: 0.04% for SCHV and 0.25% for DIVB.
SCHV currently has the higher Sharpe Ratio (2.50 vs 2.40), 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.
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