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SCHV vs. IVE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

SCHV vs. IVE

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab U.S. Large-Cap Value ETF (SCHV) and iShares S&P 500 Value ETF (IVE).

SCHV and IVE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHV is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Value Total Stock Market Index. It was launched on Dec 11, 2009. 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. Both SCHV and IVE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SCHV vs. IVE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab U.S. Large-Cap Value ETF (SCHV) and iShares S&P 500 Value ETF (IVE). The values are adjusted to include any dividend payments, if applicable.

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SCHV vs. IVE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
SCHV
Schwab U.S. Large-Cap Value ETF		3.48%16.02%14.13%8.93%-7.65%25.58%2.64%25.92%-7.30%16.56%
IVE
iShares S&P 500 Value ETF		-0.07%13.02%12.03%22.07%-5.41%24.72%1.22%31.62%-9.22%15.24%

Returns By Period

In the year-to-date period, SCHV achieves a 3.48% return, which is significantly higher than IVE's -0.07% return. Over the past 10 years, SCHV has underperformed IVE with an annualized return of 10.58%, while IVE has yielded a comparatively higher 11.25% annualized return.

SCHV

1D
2.01%
1M
-4.93%
YTD
3.48%
6M
5.85%
1Y
17.14%
3Y*
14.31%
5Y*
9.28%
10Y*
10.58%

IVE

1D
1.70%
1M
-4.58%
YTD
-0.07%
6M
3.10%
1Y
12.68%
3Y*
13.69%
5Y*
10.30%
10Y*
11.25%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab U.S. Large-Cap Value ETF

iShares S&P 500 Value ETF

Often compared with SCHV:
SCHV vs. VTVSCHV vs. SCHDSCHV vs. SCHXSCHV vs. AVLVSCHV vs. VOOSCHV vs. SCHASCHV vs. SPY
Often compared with IVE:
IVE vs. IVWIVE vs. IVVIVE vs. SPYIVE vs. VTVIVE vs. QQQIVE vs. VOOIVE vs. VOOV

SCHV vs. IVE - Expense Ratio Comparison

SCHV has a 0.04% expense ratio, which is lower than IVE's 0.18% 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%.

IVE
iShares S&P 500 Value ETF
SCHV
Schwab U.S. Large-Cap Value ETF

Return for Risk

SCHV vs. IVE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SCHV
SCHV Risk / Return Rank: 6868
Overall Rank
SCHV Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
SCHV Sortino Ratio Rank: 6666
Sortino Ratio Rank
SCHV Omega Ratio Rank: 6969
Omega Ratio Rank
SCHV Calmar Ratio Rank: 6565
Calmar Ratio Rank
SCHV Martin Ratio Rank: 7474
Martin Ratio Rank
IVE
IVE Risk / Return Rank: 5151
Overall Rank
IVE Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
IVE Sortino Ratio Rank: 4848
Sortino Ratio Rank
IVE Omega Ratio Rank: 5252
Omega Ratio Rank
IVE Calmar Ratio Rank: 4949
Calmar Ratio Rank
IVE Martin Ratio Rank: 5959
Martin Ratio Rank
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.

SCHV vs. IVE - 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 S&P 500 Value ETF (IVE). 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.

SCHVIVEDifference

Sharpe ratio

Return per unit of total volatility

1.12

0.82

+0.30

Sortino ratio

Return per unit of downside risk

1.60

1.23

+0.37

Omega ratio

Gain probability vs. loss probability

1.24

1.19

+0.05

Calmar ratio

Return relative to maximum drawdown

1.53

1.15

+0.39

Martin ratio

Return relative to average drawdown

7.23

5.38

+1.84

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCHV vs. IVE - Sharpe Ratio Comparison

The current SCHV Sharpe Ratio is 1.12, which is higher than the IVE Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of SCHV and IVE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

SCHVIVEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.12

0.82

+0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.64

0.72

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.66

-0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.68

0.38

+0.30

Correlation

The correlation between SCHV and IVE is 0.98, 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.

Dividends

SCHV vs. IVE - Dividend Comparison

SCHV's dividend yield for the trailing twelve months is around 1.97%, more than IVE's 1.64% yield.

TTM20252024202320222021202020192018201720162015
SCHV
Schwab U.S. Large-Cap Value ETF		1.97%2.02%2.25%2.42%2.37%1.93%3.03%3.02%3.05%2.37%2.65%2.69%
IVE
iShares S&P 500 Value ETF		1.64%1.61%2.04%1.65%2.10%1.81%2.37%2.11%2.74%2.12%2.26%2.44%

Drawdowns

SCHV vs. IVE - Drawdown Comparison

The maximum SCHV drawdown since its inception was -37.08%, smaller than the maximum IVE drawdown of -61.32%. Use the drawdown chart below to compare losses from any high point for SCHV and IVE.

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Drawdown Indicators

SCHVIVEDifference

Max Drawdown

Largest peak-to-trough decline

-37.08%

-61.32%

+24.24%

Max Drawdown (1Y)

Largest decline over 1 year

-11.93%

-12.00%

+0.07%

Max Drawdown (5Y)

Largest decline over 5 years

-19.78%

-18.04%

-1.74%

Max Drawdown (10Y)

Largest decline over 10 years

-37.08%

-37.04%

-0.04%

Current Drawdown

Current decline from peak

-4.96%

-4.58%

-0.38%

Average Drawdown

Average peak-to-trough decline

-3.86%

-10.17%

+6.31%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

2.55%

-0.02%

Volatility

SCHV vs. IVE - Volatility Comparison

Schwab U.S. Large-Cap Value ETF (SCHV) has a higher volatility of 4.24% compared to iShares S&P 500 Value ETF (IVE) at 3.82%. This indicates that SCHV's price experiences larger fluctuations and is considered to be riskier than IVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SCHVIVEDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.24%

3.82%

+0.42%

Volatility (6M)

Calculated over the trailing 6-month period

8.08%

7.70%

+0.38%

Volatility (1Y)

Calculated over the trailing 1-year period

15.44%

15.61%

-0.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.48%

14.45%

+0.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.91%

16.98%

-0.07%