ETF comparison
SCHD vs USMV
Dividend vs Low Volatility Factor.
Schwab U.S. Dividend Equity ETF · iShares MSCI USA Min Vol Factor ETF
Holdings overlap
18 positions appear in both funds. Buying equal dollars of SCHD and USMV would leave roughly 10.9% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCHD is 9 bps cheaper than USMV. On a $100,000 position that's about $90/yr more in fees for USMV.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SCHD vs USMV.
Top shared holdings
18 shared in total| # | Holding | In SCHD | In USMV | Overlap |
|---|---|---|---|---|
| 1 | Verizon Communications Inc | 3.65% | 1.40% | 1.40% |
| 2 | Merck & Co Inc | 3.86% | 1.35% | 1.35% |
| 3 | Coca-Cola Co/The | 3.96% | 1.28% | 1.28% |
| 4 | Procter & Gamble Co/The | 3.55% | 1.04% | 1.04% |
| 5 | PepsiCo Inc | 3.44% | 0.86% | 0.86% |
| 6 | Lockheed Martin Corp | 2.70% | 0.86% | 0.86% |
| 7 | Abbott Laboratories | 2.96% | 0.75% | 0.75% |
| 8 | Texas Instruments Inc | 5.90% | 0.73% | 0.73% |
| 9 | Accenture PLC | 2.90% | 0.67% | 0.67% |
| 10 | UnitedHealth Group Inc | 5.09% | 0.42% | 0.42% |
| 11 | Chevron Corp | 3.83% | 0.40% | 0.40% |
| 12 | Amgen Inc | 3.47% | 0.33% | 0.33% |
Only in SCHD
81 total- ConocoPhillips 3.51%
- Altria Group Inc 2.94%
- Bristol-Myers Squibb Co 2.93%
- Comcast Corp 2.25%
- Blackstone Inc 2.20%
- SLB Ltd 2.05%
- United Parcel Service Inc 1.98%
- Ford Motor Co 1.72%
- Target Corp 1.45%
- ONEOK Inc 1.33%
Only in USMV
147 total- MICROSOFT CORPORATION 1.62%
- AMPHENOL CORPORATION 1.58%
- WELLTOWER INC. 1.57%
- Chubb Limited 1.54%
- JOHNSON & JOHNSON 1.54%
- BERKSHIRE HATHAWAY INC. 1.47%
- CISCO SYSTEMS, INC. 1.46%
- VERTEX PHARMACEUTICALS INCORPORATED 1.46%
- DUKE ENERGY CORPORATION 1.45%
- THE SOUTHERN COMPANY 1.44%
Related comparisons
More comparisons with SCHD
- SCHD vs JQUA · JPMorgan U.S. Quality Factor ETF 10.6%
- SCHD vs FVD · First Trust Value Line Dividend Index Fund 10.4%
- SCHD vs VOE · Vanguard Morningstar Mid-Cap Value ETF 10.2%
- SCHD vs JAVA · JPMorgan Active Value ETF 10.1%
- SCHD vs RSP · Invesco S&P 500 Equal Weight ETF 9.1%
- SCHD vs AVMV · Avantis U.S. Mid Cap Value ETF 9.1%
More comparisons with USMV
- USMV vs VB · Vanguard Morningstar Small-Cap ETF 2.9%
- USMV vs IJH · iShares Core S&P Mid-Cap ETF 0.6%
- USMV vs EEMV · iShares MSCI Emerging Markets Min Vol Factor ETF 0.0%
- USMV vs EFAV · iShares MSCI EAFE Min Vol Factor ETF 0.0%
- USMV vs IJR · iShares Core S&P Small-Cap ETF 0.0%
- USMV vs IWM · iShares Russell 2000 ETF 0.0%
Percentages are holdings overlap with the named fund.
Open SCHD or USMV at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.