SCHD vs USVM
Schwab US Dividend Equity ETF vs VictoryShares US Small Mid Cap Value Momentum ETF
Which is better, SCHD or USVM?
Large Cap Value against Small Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 5Y and the full window, USVM over 3Y. USVM is less concentrated, with 6.4% 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 | SCHD | USVM |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.29% |
| AUM | $111.6B | $1.7B |
| Dividend Yield | 3.24% | 1.90% |
| Holdings | 206 | 578 |
| YTD Return | +24.55%Best | +13.16% |
| 1Y Return | +29.85%Best | +16.24% |
| 3Y Return (annualized) | +16.64% | +19.25%Best |
| 5Y Return (annualized) | +9.54%Best | +9.27% |
| Volatility (annualized) | 16.1%Best | 20.2% |
| Max Drawdown | -33.4%Best | -44.1% |
| $10,000 over 5 years | $15,771Best | $15,578 |
| Top 10 Weight | 41.6% | 6.4%Best |
| Fund Family | Charles Schwab Asset Management | Victory Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Value |
| Inception | Oct 20, 2011 | Oct 24, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2017 to Oct 14, 2026 (9 years).
SCHD vs USVM 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 9 years both funds cover.
SCHD vs USVM Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an ETF from Victory Capital Management Inc.. Over the past year SCHD returned +29.85% while USVM returned +16.24%. Year to date, SCHD is up 24.55% versus a gain of 13.16% for USVM.
Over three years, SCHD compounded at +16.64% per year against +19.25% for USVM; over five years the annualized figures are +9.54% and +9.27% respectively. Across the full 9-year window we track, SCHD has the edge at +11.00% annualized vs +9.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USVM has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 16.1% for SCHD. 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 -33.4% for SCHD and -44.1% for USVM. 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
SCHD charges 0.06% per year while USVM charges 0.29%. On a $10,000 position that is $6 vs $29 annually, a gap of $23 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 1.90% for USVM.
Holdings Overlap
1.4% of SCHD's money is in holdings USVM also owns. 3.8% of USVM's money is in holdings SCHD also owns.
USVM and SCHD share little of their money.
10 positions in common, counted across the 98 positions we hold weights for in SCHD and 292 in USVM, against full books of 206 and 578.
What only one of them owns
Our book lists 276 positions for USVM that do not appear in our book for SCHD (93.8% of the fund), and 87 for SCHD that do not appear in USVM (98.3%).
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.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in USVM | Difference |
|---|---|---|---|
| ORIOld Republic International Corp | 0.22% | 0.47% | 0.25% |
| APAApa Corp | 0.39% | 0.28% | 0.11% |
| MSMMsc Industrial Direct Co Inc | 0.15% | 0.52% | 0.37% |
| OZKBank Ozk | 0.12% | 0.53% | 0.41% |
| PAGPenske Automotive Group Inc | 0.09% | 0.42% | 0.33% |
| MMacy'S Inc. | 0.15% | 0.32% | 0.17% |
| KFYKorn Ferry | 0.09% | 0.35% | 0.26% |
| AGMFederal Agricultural Mortgage Corp | 0.05% | 0.38% | 0.33% |
| MURMurphy Oil Corp | 0.13% | 0.26% | 0.13% |
| WUWestern Union Co. | 0.05% | 0.28% | 0.23% |
You are not choosing between two funds in isolation.
Whichever of SCHD and USVM 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, SCHD or USVM?
SCHD has an expense ratio of 0.06% while USVM charges 0.29%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, SCHD or USVM?
Over the past year SCHD returned +29.85% vs +16.24% for USVM, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.00% vs +9.50% for USVM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or USVM?
USVM has been the more volatile fund at 20.2% annualized versus 16.1% for SCHD. Worst drawdown: SCHD -33.4% vs USVM -44.1%.
Should I hold both SCHD and USVM?
SCHD and USVM 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 SCHD and USVM?
3.8% of USVM's money is in holdings SCHD also owns. 3.8% of USVM's is in holdings SCHD also owns. They hold 10 positions in common, counted across the 98 positions we hold weights for in SCHD and 292 in USVM.
Which pays a higher dividend, SCHD or USVM?
SCHD yields 3.24% while USVM yields 1.90%, so SCHD currently pays the higher dividend yield.
Is USVM better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 5Y and the full window, USVM over 3Y. USVM is less concentrated, with 6.4% 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.