IVVB vs SCHX
iShares Large Cap Deep Quarterly Laddered ETF vs Schwab US Large-Cap ETF
Which is better, IVVB or SCHX?
Nearly the same fund. SCHX costs less.
SCHX has a lower expense ratio. SCHX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | IVVB | SCHX |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $141M | $75.3B |
| Dividend Yield | 1.15% | 1.04% |
| Holdings | 14 | 752 |
| YTD Return | +7.55% | +13.08%Best |
| 1Y Return | +9.20% | +16.62%Best |
| 3Y Return (annualized) | +12.90% | +22.27%Best |
| 5Y Return (annualized) | - | +12.56% |
| Volatility (annualized) | 8.5%Best | 12.6% |
| Max Drawdown | -13.1%Best | -19.0% |
| $10,000 over 3.3 years | $14,090 | $18,071Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 28, 2023 | Nov 3, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 30, 2023 to Oct 14, 2026 (3.3 years).
IVVB vs SCHX 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 3.3 years both funds cover.
IVVB vs SCHX Performance
iShares Large Cap Deep Quarterly Laddered ETF (IVVB) is an ETF from iShares by BlackRock (US) and Schwab US Large-Cap ETF (SCHX) is an ETF from Charles Schwab Asset Management. Over the past year IVVB returned +9.20% while SCHX returned +16.62%. Year to date, IVVB is up 7.55% versus a gain of 13.08% for SCHX.
Over three years, IVVB compounded at +12.90% per year against +22.27% for SCHX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHX has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 8.5% for IVVB. 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 -13.1% for IVVB and -19.0% for SCHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVVB charges 0.50% per year while SCHX charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, IVVB currently yields 1.15% against 1.04% for SCHX.
Holdings Overlap
We hold position weights for 3 holdings in IVVB and 752 in SCHX, totalling 99.9% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in IVVB and 752 in SCHX, against full books of 14 and 752.
You are not choosing between two funds in isolation.
Whichever of IVVB and SCHX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVVB or SCHX?
IVVB has an expense ratio of 0.50% while SCHX charges 0.03%. SCHX is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, IVVB or SCHX?
Over the past year IVVB returned +9.20% vs +16.62% for SCHX, so SCHX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVVB or SCHX?
SCHX has been the more volatile fund at 12.6% annualized versus 8.5% for IVVB. Worst drawdown: IVVB -13.1% vs SCHX -19.0%.
Should I hold both IVVB and SCHX?
IVVB and SCHX have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IVVB or SCHX?
IVVB yields 1.15% while SCHX yields 1.04%, so IVVB currently pays the higher dividend yield.
Is SCHX better than IVVB?
SCHX has a lower expense ratio. SCHX led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.