ESMV vs SCHD
iShares ESG Optimized MSCI USA Min Vol Factor ETF vs Schwab US Dividend Equity ETF
Which is better, ESMV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ESMV is less concentrated, with 15.6% of the fund in its ten largest positions against 41.6%.
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 | ESMV | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $8M | $111.6B |
| Dividend Yield | 1.42% | 3.24% |
| Holdings | 162 | 206 |
| YTD Return | +11.25% | +24.55%Best |
| 1Y Return | +10.59% | +29.85%Best |
| 3Y Return (annualized) | +12.49% | +16.64%Best |
| 5Y Return (annualized) | +6.38% | +9.54%Best |
| Volatility (annualized) | 13.0%Best | 15.1% |
| Max Drawdown | -19.8% | -16.9%Best |
| $10,000 over 5 years | $13,624 | $15,771Best |
| Top 10 Weight | 15.6%Best | 41.6% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 2, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 4, 2021 to Oct 14, 2026 (4.9 years).
ESMV 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 4.9 years both funds cover.
ESMV vs SCHD Performance
iShares ESG Optimized MSCI USA Min Vol Factor ETF (ESMV) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ESMV returned +10.59% while SCHD returned +29.85%. Year to date, ESMV is up 11.25% versus a gain of 24.55% for SCHD.
Over three years, ESMV compounded at +12.49% per year against +16.64% for SCHD; over five years the annualized figures are +6.38% and +9.54% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.0% for ESMV. 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 -19.8% for ESMV and -16.9% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESMV charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, ESMV currently yields 1.42% against 3.24% for SCHD.
Holdings Overlap
12.7% of ESMV's money is in holdings SCHD also owns. 52.6% of SCHD's money is in holdings ESMV also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 159 positions we hold weights for in ESMV and 98 in SCHD, against full books of 162 and 206.
What only one of them owns
Our book lists 80 positions for SCHD that do not appear in our book for ESMV (47.2% of the fund), and 134 for ESMV that do not appear in SCHD (85.8%).
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 ESMV | Weight in SCHD | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 1.35% | 4.89% | 3.54% |
| MRKMerck & Company Inc | 1.46% | 4.04% | 2.58% |
| KOCoca Cola Co. | 1.36% | 4.12% | 2.76% |
| VZVerizon Communic | 1.44% | 3.88% | 2.44% |
| PGProcter & Gamble Company | 0.96% | 4.16% | 3.20% |
| COPConocophillips Common Stock USD 0.01 | 0.76% | 3.91% | 3.15% |
| HDHome Depot Inc/The | 0.84% | 3.77% | 2.93% |
| PEPPepsico Inc. | 0.79% | 3.80% | 3.01% |
| AMGNAmgen Inc. | 0.45% | 3.86% | 3.41% |
| UNHUnitedhealth Group Incorporated | 0.25% | 3.95% | 3.70% |
52.6% of SCHD is already inside ESMV.
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, ESMV or SCHD?
ESMV has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, ESMV or SCHD?
Over the past year ESMV returned +10.59% 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, ESMV or SCHD?
SCHD has been the more volatile fund at 15.1% annualized versus 13.0% for ESMV. Worst drawdown: ESMV -19.8% vs SCHD -16.9%.
Should I hold both ESMV and SCHD?
ESMV and SCHD have a monthly-return correlation of 0.84, 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 ESMV and SCHD?
52.6% of SCHD's money is in holdings ESMV also owns. 52.6% of SCHD's is in holdings ESMV also owns. They hold 17 positions in common, counted across the 159 positions we hold weights for in ESMV and 98 in SCHD.
Which pays a higher dividend, ESMV or SCHD?
ESMV yields 1.42% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ESMV?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ESMV is less concentrated, with 15.6% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.