BLCV vs SCHD
iShares Large Cap Value Active ETF vs Schwab US Dividend Equity ETF
Which is better, BLCV or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. BLCV led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 42.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BLCV | SCHD |
|---|---|---|
| Expense Ratio | 0.45% | 0.06%Best |
| AUM | $347M | $111.6B |
| Dividend Yield | 1.30% | 3.24% |
| Holdings | 56 | 206 |
| YTD Return | +12.91% | +24.55%Best |
| 1Y Return | +20.02% | +29.85%Best |
| 3Y Return (annualized) | +19.66%Best | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 13.5%Best | 13.6% |
| Max Drawdown | -13.4%Best | -16.1% |
| $10,000 over 3.4 years | $17,794Best | $16,289 |
| Top 10 Weight | 42.0% | 41.6%Best |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 19, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 23, 2023 to Oct 14, 2026 (3.4 years).
BLCV vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
BLCV vs SCHD Performance
iShares Large Cap Value Active ETF (BLCV) is an ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BLCV returned +20.02% while SCHD returned +29.85%. Year to date, BLCV is up 12.91% versus a gain of 24.55% for SCHD.
Over three years, BLCV compounded at +19.66% per year against +16.64% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.5% for BLCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.4% for BLCV and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCV charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, BLCV currently yields 1.30% against 3.24% for SCHD.
Holdings Overlap
12.0% of BLCV's money is in holdings SCHD also owns. 26.9% of SCHD's money is in holdings BLCV also owns.
SCHD and BLCV share little of their money.
7 positions in common, counted across the 54 positions we hold weights for in BLCV and 98 in SCHD, against full books of 56 and 206.
What only one of them owns
Our book lists 90 positions for SCHD that do not appear in our book for BLCV (72.8% of the fund), and 46 for BLCV that do not appear in SCHD (85.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BLCV | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 3.82% | 4.14% | 0.32% |
| MRKMerck & Company Inc | 2.66% | 4.04% | 1.38% |
| UNHUnitedhealth Group Incorporated | 2.12% | 3.95% | 1.83% |
| TXNTexas Instrument Inc | 0.50% | 4.89% | 4.39% |
| HDHome Depot Inc/The | 1.42% | 3.77% | 2.35% |
| PGProcter & Gamble Company | 0.48% | 4.16% | 3.68% |
| CMCSAComcast Corp. Class A | 0.97% | 1.96% | 0.99% |
26.9% of SCHD is already inside BLCV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BLCV or SCHD?
BLCV has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, BLCV or SCHD?
Over the past year BLCV returned +20.02% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BLCV or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 13.5% for BLCV. Worst drawdown: BLCV -13.4% vs SCHD -16.1%.
Should I hold both BLCV and SCHD?
BLCV and SCHD have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BLCV and SCHD?
26.9% of SCHD's money is in holdings BLCV also owns. 26.9% of SCHD's is in holdings BLCV also owns. They hold 7 positions in common, counted across the 54 positions we hold weights for in BLCV and 98 in SCHD.
Which pays a higher dividend, BLCV or SCHD?
BLCV yields 1.30% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BLCV?
SCHD has a lower expense ratio. BLCV led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.