Data as of Oct 28, 2026.

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SCHD vs SLV: Differences, Returns & Fees

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SCHD is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SCHD returned +34.5% against +14.9%.

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Net assets: $112.3bn on Aug 31, 2026 for Schwab U.S. Dividend Equity ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+34.5%
SCHD total return, 1 year
+14.9%
SLV total return, 1 year
0.06%
SCHD expense ratio
0.50%
SLV expense ratio

Pair scorecard

SCHD costs 0.44 points a year less; their one-year returns differ by 19.6 points.

SCHD vs SLV: Differences, Returns & Fees
MeasureSCHDSLV
Return
Total return, 1 year+34.5%+14.9%
Drawdown
Below its high53.5%, high on Jan 28, 2026
Benchmark
What it tracksDow Jones U.S. Dividend 100 IndexSilver
Cost and size
Expense ratio0.06%0.50%
Net assets, SCHD as of Aug 31, 2026 and SLV as of Oct 28, 2026$112.3bn$26.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight95%
Top ten holdings, share of the fund41.7%

Method

Risk and return

Oct 28, 2011 to Oct 23, 2026 · 782 weekly returns
SCHD SLV
Return
Total return edge SCHD +554.4% +42.2%
Annualized edge SCHD +13.3% +2.4%
Price return edge SCHD +306.8% +42.2%
Risk
Volatility edge SCHD 14.8% 29.3%
Max drawdown edge SCHD −31.5% −66.2%
Risk-adjusted
Sharpe edge SCHD 0.80 0.17
Sortino edge SCHD 1.15 0.25
Calmar edge SCHD 0.42 0.04
Reading

SCHD returned more: +554.4% to +42.2%. SCHD swung less: 14.8% to 29.3%. SCHD fell less at its worst: −31.5% to −66.2%.

Full scorecard

9 measures, with how each is measured
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Risk and return: SCHD vs SLV: Differences, Returns & Fees
MeasureSCHDSLVEdgeHow it is measured
Return
Total return+554.4%+42.2%SCHDPrice change plus distributions, reinvested.
Annualized+13.3%+2.4%SCHDTotal return as a yearly rate.
Price return+306.8%+42.2%SCHDPrice change alone, distributions left out.
Risk
Volatility14.8%29.3%SCHDSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.4%19.9%SCHDLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.5%−66.2%SCHDDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.800.17SCHDReturn above Treasury bills per unit of volatility.
Sortino1.150.25SCHDReturn above Treasury bills per unit of downside deviation.
Calmar0.420.04SCHDAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 782 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

SCHD Schwab U.S. Dividend Equity ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks an index of US dividend Holds silver
Total return, 1 year +34.5% +14.9%
Its benchmark over the same days not measured +15.0% (SIVR)
Gap to its benchmark not measured −0.1 pts vs SIVR
Expense ratio 0.06% 0.50%
Holdings 99 not counted
Net assets, SCHD as of Aug 31, 2026 and SLV as of Oct 28, 2026 $112.3bn $26.9bn

SCHD and SLV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-D6124358D8

SCHD and SLV do different jobs. What does each one do in a portfolio?

  1. What each follows. SCHD follows Dow Jones U.S. Dividend 100 Index and SLV follows Silver.
  2. One-year total return. Over 1 year to Oct 28, 2026 SCHD returned +34.5% and SLV +14.9% with distributions reinvested, a gap of 19.6 points.
  3. Cost. SCHD charges 0.06% of assets a year and SLV 0.50%, a gap of 0.44 points.

Data as of Oct 28, 2026.

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About each fund
SCHD

SCHD tracks an index of US dividend. Over the year to Oct 28, 2026 it returned +34.5% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 41.7%.

SLV

Its expense ratio is 0.50% a year, for the three months to Jun 30, 2026, as its 10-Q states.

SLV holds silver. Over the year to Oct 28, 2026 it returned +14.9% with distributions reinvested, against +15.0% for its benchmark, the price of silver. It sat 53.5% below its high of Jan 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SCHD or SLV?
In the year to Oct 28, 2026, with distributions reinvested, SCHD returned +34.5% and SLV +14.9%.
Which is cheaper, SCHD or SLV?
SCHD is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, SCHD against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/schd-vs-slv

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