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XSVM vs. SCHD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

XSVM vs. SCHD

Last updated Jun 13, 2026

XSVM (Invesco S&P SmallCap Value with Momentum ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - XSVM is a Momentum fund tracking the S&P SmallCap 600 High Momentum Value Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 10 years, XSVM returned 13.23%/yr vs 12.91%/yr for SCHD. A 0.74 correlation means they provide meaningful diversification when combined. XSVM charges 0.37%/yr vs 0.06%/yr for SCHD.

Performance

XSVM vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, XSVM achieves a 21.88% return, which is significantly higher than SCHD's 20.66% return. Both investments have delivered pretty close results over the past 10 years, with XSVM having a 13.23% annualized return and SCHD not far behind at 12.91%.

XSVM

1D
1.17%
1M
5.46%
YTD
21.88%
6M
18.48%
1Y
42.01%
3Y*
16.38%
5Y*
7.44%
10Y*
13.23%

SCHD

1D
0.89%
1M
3.21%
YTD
20.66%
6M
19.57%
1Y
26.72%
3Y*
14.90%
5Y*
8.75%
10Y*
12.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

XSVM vs. SCHD - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
XSVM
Invesco S&P SmallCap Value with Momentum ETF		21.88%7.47%2.30%20.20%-13.63%56.36%5.08%30.01%-12.33%3.62%
SCHD
Schwab U.S. Dividend Equity ETF		20.66%4.34%11.66%4.54%-3.26%29.87%15.03%27.29%-5.56%20.85%

Correlation

The correlation between XSVM and SCHD is 0.68, 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

0.68

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.78

Correlation (10Y)
Calculated over the trailing 10-year period

0.73

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2011

0.74

The correlation between XSVM and SCHD shifts across timeframes, from 0.68 (1 year) to 0.78 (5 years), reflecting how their relationship changes across market environments.

XSVM vs. SCHD - Sectors Allocation Comparison

Sectors
XSVM
SCHD

Financial Services

38.8%
9.3%

Consumer Cyclical

17.0%
6.3%

Energy

9.9%
16.2%

Technology

7.8%
16.4%

Consumer Defensive

7.3%
19.2%

Industrials

6.7%
7.5%

Real Estate

5.0%

-

Communication Services

2.9%
6.3%

Basic Materials

1.9%
1.2%

Healthcare

1.4%
18.8%

Utilities

1.3%
0.0%

Financial Services

XSVM
38.8%
SCHD
9.3%

Consumer Cyclical

XSVM
17.0%
SCHD
6.3%

Energy

XSVM
9.9%
SCHD
16.2%

Technology

XSVM
7.8%
SCHD
16.4%

Consumer Defensive

XSVM
7.3%
SCHD
19.2%

Industrials

XSVM
6.7%
SCHD
7.5%

Real Estate

XSVM
5.0%
SCHD

-

Communication Services

XSVM
2.9%
SCHD
6.3%

Basic Materials

XSVM
1.9%
SCHD
1.2%

Healthcare

XSVM
1.4%
SCHD
18.8%

Utilities

XSVM
1.3%
SCHD
0.0%

Compare stocks, funds, or ETFs

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

Invesco S&P SmallCap Value with Momentum ETF

Schwab U.S. Dividend Equity ETF

Often compared with XSVM:
XSVM vs. XSMOXSVM vs. AVUVXSVM vs. RWJXSVM vs. XSHQXSVM vs. SPHBXSVM vs. DGRSXSVM vs. RYPRX
Often compared with SCHD:
SCHD vs. VOOSCHD vs. VYMSCHD vs. SPYSCHD vs. SCHGSCHD vs. JEPISCHD vs. FDVVSCHD vs. VIG

Return for Risk

XSVM vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
XSVM
XSVM Risk / Return Rank: 7676
Overall Rank
XSVM Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
XSVM Sortino Ratio Rank: 7878
Sortino Ratio Rank
XSVM Omega Ratio Rank: 7272
Omega Ratio Rank
XSVM Calmar Ratio Rank: 8383
Calmar Ratio Rank
XSVM Martin Ratio Rank: 7373
Martin Ratio Rank
SCHD
SCHD Risk / Return Rank: 8787
Overall Rank
SCHD Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
SCHD Sortino Ratio Rank: 9090
Sortino Ratio Rank
SCHD Omega Ratio Rank: 8383
Omega Ratio Rank
SCHD Calmar Ratio Rank: 9393
Calmar Ratio Rank
SCHD Martin Ratio Rank: 8181
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.

XSVM vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P SmallCap Value with Momentum ETF (XSVM) and Schwab U.S. 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.

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.

XSVMSCHDDifference
Sharpe ratioReturn per unit of total volatility
2.09
2.41

-0.31

Sortino ratioReturn per unit of downside risk
3.00
3.72

-0.72

Omega ratioGain probability vs. loss probability

1.37

1.43

-0.06

Calmar ratioReturn relative to maximum drawdown

3.86

5.70

-1.83

Martin ratioReturn relative to average drawdown

11.98

13.97

-1.98

XSVM vs. SCHD - Sharpe Ratio Comparison

The current XSVM Sharpe Ratio is 2.09, which is comparable to the SCHD Sharpe Ratio of 2.41. The chart below compares the historical Sharpe Ratios of XSVM and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

XSVM vs. SCHD - Drawdown Comparison

The maximum XSVM drawdown since its inception was -62.57%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for XSVM and SCHD.

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Drawdown Indicators

XSVMSCHDDifference

Max Drawdown

Largest peak-to-trough decline

-62.57%

-33.37%

-29.20%

Max Drawdown (1Y)

Largest decline over 1 year

-10.08%

-4.61%

-5.47%

Max Drawdown (3Y)

Largest decline over 3 years

-26.21%

-16.13%

-10.08%

Max Drawdown (5Y)

Largest decline over 5 years

-26.21%

-16.85%

-9.36%

Max Drawdown (10Y)

Largest decline over 10 years

-49.02%

-33.37%

-15.65%

Current Drawdown

Current decline from peak

0.00%

-0.03%

+0.03%

Average Drawdown

Average peak-to-trough decline

-11.55%

-3.31%

-8.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.26%

1.89%

+1.37%

Volatility

XSVM vs. SCHD - Volatility Comparison

Invesco S&P SmallCap Value with Momentum ETF (XSVM) has a higher volatility of 5.09% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.05%. This indicates that XSVM'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.

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Volatility by Period

XSVMSCHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.09%

3.05%

+2.04%

Volatility (6M)

Calculated over the trailing 6-month period

12.03%

7.53%

+4.50%

Volatility (1Y)

Calculated over the trailing 1-year period

18.60%

10.93%

+7.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.61%

14.38%

+8.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.08%

16.72%

+8.36%

XSVM vs. SCHD - Expense Ratio Comparison

XSVM has a 0.37% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

XSVM vs. SCHD - Dividend Comparison

XSVM's dividend yield for the trailing twelve months is around 1.74%, less than SCHD's 3.22% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHD
Schwab U.S. Dividend Equity ETF		3.22%3.82%3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%
XSVM
Invesco S&P SmallCap Value with Momentum ETF		1.74%2.29%1.69%1.31%1.79%1.23%1.21%1.22%2.54%1.90%2.29%2.68%

Frequently Asked Questions

XSVM and SCHD have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

XSVM has higher volatility (5.09%) compared to SCHD (3.05%). In terms of maximum drawdown, XSVM dropped -62.57% vs SCHD's -33.37%.

On 10-year performance, XSVM leads with 13.23% vs 12.91% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, XSVM has performed better with a 13.23% return vs 12.91%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SCHD is cheaper with a 0.06% expense ratio, compared with 0.37% for XSVM.

SCHD has the higher dividend yield at 3.22%, compared with 1.74% for XSVM.

XSVM is categorized as Momentum, while SCHD is Dividend. XSVM tracks S&P SmallCap 600 High Momentum Value Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Invesco and Charles Schwab. Their fees differ too: 0.37% for XSVM and 0.06% for SCHD.

SCHD currently has the higher Sharpe Ratio (2.41 vs 2.09), 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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