ETF Versus

IWF vs SCHD

iShares Russell 1000 Growth ETF vs Schwab U.S. Dividend Equity ETF

Last updated: 2026-04-02

IWF iShares

iShares Russell 1000 Growth ETF (IWF) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.39%. Launched in 2000, the fund has a 26-year track record.

AUM: $108.0B ER: 0.18% Yield: 0.39% Since: May 22, 2000
SCHD Schwab

Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund issued by Schwab that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 3.46%. Launched in 2011, the fund has a 15-year track record.

AUM: $83.9B ER: 0.06% Yield: 3.46% Since: Oct 20, 2011

Quick Verdict

SCHD is significantly cheaper at 0.06% vs 0.18% expense ratio, saving you approximately $237 per $10,000 invested over 10 years. Over the past year, IWF has significantly outperformed with a 18.2% return vs 9.5%. Income investors may prefer SCHD for its higher yield (3.5% vs 0.4%).

Key Metrics

Metric IWF SCHD
Expense Ratio 0.18% 0.06%
Dividend Yield 0.4% 3.5%
Fund Family iShares Schwab
Category US Large Cap Growth US Dividend

Performance Chart

Indexed to 100 at start (5-year comparison)

80 103 126 149 172 195 2021-04 2022-06 2023-09 2024-12 2026-04
IWF +71.3%
SCHD +23.3%

Performance Comparison

Period IWF SCHD Difference
1 Month -4.73% -4.24% -0.49%
3 Months -8.83% +10.03% -18.86%
6 Months -8.48% +11.31% -19.79%
YTD -8.83% +10.03% -18.86%
1 Year +18.20% +9.47% +8.73%
3 Years +75.80% +24.43% +51.37%
5 Years +71.26% +23.27% +47.99%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IWF Fees SCHD Fees You Save
$10.000 10 years $357 $120 $237
$10.000 20 years $1.529 $515 $1.014
$10.000 30 years $4.912 $1.664 $3.248
$50.000 10 years $1.786 $598 $1.187
$50.000 30 years $24.558 $8.318 $16.240
$100.000 30 years $49.116 $16.637 $32.479

Risk Metrics

Based on 5 years of daily returns

Metric IWF SCHD
Annualized Volatility 21.4% 14.6%
Max Drawdown -33.1% -18.9%
Sharpe Ratio 0.40 0.05

Dividend Comparison

Metric IWF SCHD
Annual Dividend (per share) $1.69 $1.06
Dividend Yield 0.39% 3.46%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

IWF Top Holdings

NameWeight
NVIDIA CorporationNVDA12.82%
Apple Inc.AAPL11.79%
Microsoft CorporationMSFT8.78%
Broadcom Inc.AVGO4.81%
Amazon.com, Inc.AMZN4.61%
Tesla, Inc.TSLA3.57%
Meta Platforms, Inc.META3.28%
Alphabet Inc.GOOG2.83%
Eli Lilly and CompanyLLY2.62%

SCHD Top Holdings

NameWeight
Chevron CorporationCVX4.66%
ConocoPhillipsCOP4.33%
Merck & Co., Inc.MRK4.08%
Verizon Communications Inc.VZ4.03%
The Coca-Cola CompanyKO3.98%
Texas Instruments IncorporatedTXN3.86%
PepsiCo, Inc.PEP3.83%
Amgen Inc.AMGN3.78%
Abbott LaboratoriesABT3.78%
The Procter & Gamble CompanyPG3.70%

Which One Should You Choose?

Choose SCHD if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IWF if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose SCHD if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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