SCHY vs. DIVB
SCHY (Schwab International Dividend Equity ETF) and DIVB (iShares Core Dividend ETF) are both Dividend funds - SCHY tracks the Dow Jones International Dividend 100 Index while DIVB tracks the Morningstar US Dividend and Buyback Index. Both are passively managed. Over the past 5 years, SCHY returned 8.00%/yr vs 12.39%/yr for DIVB. A 0.67 correlation means they provide meaningful diversification when combined. SCHY charges 0.08%/yr vs 0.05%/yr for DIVB.
Performance
SCHY vs. DIVB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHY achieves a 7.30% return, which is significantly lower than DIVB's 17.14% return.
SCHY
- 1D
- -0.22%
- 1M
- -1.91%
- YTD
- 7.30%
- 6M
- 6.98%
- 1Y
- 21.30%
- 3Y*
- 14.83%
- 5Y*
- 8.00%
- 10Y*
- —
DIVB
- 1D
- 1.02%
- 1M
- 1.64%
- YTD
- 17.14%
- 6M
- 16.48%
- 1Y
- 27.72%
- 3Y*
- 21.75%
- 5Y*
- 12.39%
- 10Y*
- —
SCHY vs. DIVB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCHY Schwab International Dividend Equity ETF | 7.30% | 33.98% | -1.79% | 14.27% | -9.43% | 3.42% |
DIVB iShares Core Dividend ETF | 17.14% | 15.09% | 18.59% | 13.27% | -10.51% | 12.86% |
Correlation
The correlation between SCHY and DIVB is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021 | 0.67 |
The correlation between SCHY and DIVB has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHY vs. DIVB — Risk / Return Rank
SCHY
DIVB
SCHY vs. DIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and iShares Core Dividend 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.
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.
| SCHY | DIVB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.42 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 4.08 | -1.73 |
| Martin ratioReturn relative to average drawdown | 7.09 | 13.64 | -6.55 |
Loading charts...
Drawdowns
SCHY vs. DIVB - Drawdown Comparison
The maximum SCHY drawdown since its inception was -24.04%, smaller than the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for SCHY and DIVB.
Loading charts...
Drawdown Indicators
| SCHY | DIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.04% | -36.93% | +12.89% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -6.82% | -2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -15.45% | +3.29% |
Max Drawdown (5Y)Largest decline over 5 years | -24.04% | -21.08% | -2.96% |
Current DrawdownCurrent decline from peak | -5.70% | -1.10% | -4.60% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -4.97% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 2.04% | +0.97% |
Volatility
SCHY vs. DIVB - Volatility Comparison
The current volatility for Schwab International Dividend Equity ETF (SCHY) is 3.27%, while iShares Core Dividend ETF (DIVB) has a volatility of 4.61%. This indicates that SCHY 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.
Loading charts...
Volatility by Period
| SCHY | DIVB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 4.61% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 10.08% | 8.84% | +1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.08% | 11.70% | +0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.27% | 15.26% | -1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.23% | 18.36% | -5.13% |
SCHY vs. DIVB - Expense Ratio Comparison
SCHY has a 0.08% expense ratio, which is higher than DIVB's 0.05% 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
SCHY vs. DIVB - Dividend Comparison
SCHY's dividend yield for the trailing twelve months is around 3.46%, more than DIVB's 2.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DIVB iShares Core Dividend ETF | 2.27% | 2.50% | 2.61% | 3.18% | 2.02% | 1.63% | 2.08% | 2.07% | 2.52% | 0.37% |
SCHY Schwab International Dividend Equity ETF | 3.46% | 3.55% | 4.64% | 3.97% | 3.67% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCHY and DIVB have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DIVB has higher volatility (4.61%) compared to SCHY (3.27%). In terms of maximum drawdown, SCHY dropped -24.04% vs DIVB's -36.93%.
On 5-year performance, DIVB leads with 12.39% vs 8.00% for SCHY. On fees, DIVB is cheaper at 0.05% per year. On volatility, SCHY has been the lower-risk option at 3.27%. 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 12.39% return vs 8.00%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIVB is cheaper with a 0.05% expense ratio, compared with 0.08% for SCHY.
SCHY has the higher dividend yield at 3.46%, compared with 2.27% for DIVB.
SCHY tracks Dow Jones International Dividend 100 Index, while DIVB tracks Morningstar US Dividend and Buyback Index. They also come from different issuers: Charles Schwab and iShares. Their fees differ too: 0.08% for SCHY and 0.05% for DIVB.
DIVB currently has the higher Sharpe Ratio (2.38 vs 1.77), 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.
Find the right allocation for SCHY and DIVB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer