IYH vs SCHD
iShares US Healthcare ETF vs Schwab US Dividend Equity ETF
Which is better, IYH or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. IYH led over the full window, SCHD over 1Y, 3Y and 5Y. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 58.6%.
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 | IYH | SCHD |
|---|---|---|
| Expense Ratio | 0.37% | 0.06%Best |
| AUM | $4.2B | $111.6B |
| Dividend Yield | 1.12% | 3.24% |
| Holdings | 104 | 206 |
| YTD Return | +12.87% | +24.55%Best |
| 1Y Return | +23.50% | +29.85%Best |
| 3Y Return (annualized) | +11.38% | +16.64%Best |
| 5Y Return (annualized) | +7.03% | +9.54%Best |
| Volatility (annualized) | 13.7%Tie | 13.7%Tie |
| Max Drawdown | -28.4%Best | -33.4% |
| $10,000 over 5 years | $14,045 | $15,771Best |
| Top 10 Weight | 58.6% | 41.6%Best |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 12, 2000 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Oct 14, 2026 (15 years).
IYH 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 15 years both funds cover.
IYH vs SCHD Performance
iShares US Healthcare ETF (IYH) 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 IYH returned +23.50% while SCHD returned +29.85%. Year to date, IYH is up 12.87% versus a gain of 24.55% for SCHD.
Over three years, IYH compounded at +11.38% per year against +16.64% for SCHD; over five years the annualized figures are +7.03% and +9.54% respectively. Across the full 15-year window we track, IYH has the edge at +12.50% annualized vs +11.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IYH and SCHD have been equally volatile, both at 13.7% annualized.
The deepest peak-to-trough decline in our data was -28.4% for IYH and -33.4% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IYH charges 0.37% per year while SCHD charges 0.06%. On a $10,000 position that is $37 vs $6 annually, a gap of $31 per year that compounds over a long holding period. On income, IYH currently yields 1.12% against 3.24% for SCHD.
Holdings Overlap
19.2% of IYH's money is in holdings SCHD also owns. 18.8% of SCHD's money is in holdings IYH also owns.
IYH and SCHD share little of their money.
5 positions in common, counted across the 101 positions we hold weights for in IYH and 98 in SCHD, against full books of 104 and 206.
What only one of them owns
Our book lists 92 positions for SCHD that do not appear in our book for IYH (81.0% of the fund), and 91 for IYH that do not appear in SCHD (79.3%).
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.
You are not choosing between two funds in isolation.
Whichever of IYH and SCHD 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, IYH or SCHD?
IYH has an expense ratio of 0.37% while SCHD charges 0.06%. SCHD is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, IYH or SCHD?
Over the past year IYH returned +23.50% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), IYH annualized +12.50% vs +11.26% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IYH or SCHD?
IYH and SCHD have been equally volatile, both at 13.7% annualized. Worst drawdown: IYH -28.4% vs SCHD -33.4%.
Should I hold both IYH and SCHD?
IYH and SCHD have a monthly-return correlation of 0.72, 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 IYH and SCHD?
19.2% of IYH's money is in holdings SCHD also owns. 18.8% of SCHD's is in holdings IYH also owns. They hold 5 positions in common, counted across the 101 positions we hold weights for in IYH and 98 in SCHD.
Which pays a higher dividend, IYH or SCHD?
IYH yields 1.12% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than IYH?
SCHD has a lower expense ratio. IYH led over the full window, SCHD over 1Y, 3Y and 5Y. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 58.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.