ETF Versus

IAU vs SCHD

iShares Gold Trust vs Schwab U.S. Dividend Equity ETF

Last updated: 2026-04-09

IAU

iShares Gold Trust (IAU) is an exchange-traded fund that provides exposure to gold securities. It charges a moderate expense ratio of 0.25%. Launched in 2005, the fund has a 21-year track record.

AUM: $73.9B ER: 0.25% Yield: N/A Since: Jan 21, 2005

Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund 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 3.42%. Launched in 2011, the fund has a 15-year track record.

AUM: $84.8B ER: 0.06% Yield: 3.42% Since: Oct 20, 2011

Quick Verdict

SCHD is significantly cheaper at 0.06% vs 0.25% expense ratio, saving you approximately $375 per $10,000 invested over 10 years. Over the past year, IAU has significantly outperformed with a 51.5% return vs 18.1%.

Key Metrics

Metric IAU SCHD
Expense Ratio 0.25% 0.06%
Dividend Yield N/A 3.4%
Fund Family N/A N/A
Category Gold US Dividend

Performance Chart

Indexed to 100 at start (5-year comparison)

90 133 176 219 262 305 2021-04 2022-07 2023-10 2024-12 2026-04
IAU +166.3%
SCHD +23.5%

Performance Comparison

Period IAU SCHD Difference
1 Month -9.60% -1.10% -8.50%
3 Months +4.21% +7.04% -2.83%
6 Months +14.25% +14.76% -0.51%
YTD +8.46% +10.21% -1.75%
1 Year +51.52% +18.13% +33.39%
3 Years +134.21% +25.19% +109.02%
5 Years +168.06% +23.13% +144.93%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IAU Fees SCHD Fees You Save
$10,000 10 years $495 $120 $375
$10,000 20 years $2,111 $515 $1,596
$10,000 30 years $6,758 $1,664 $5,095
$50,000 10 years $2,473 $598 $1,875
$50,000 30 years $33,792 $8,318 $25,474
$100,000 30 years $67,584 $16,637 $50,947

Risk Metrics

Based on 5 years of daily returns

Metric IAU SCHD
Annualized Volatility 17.7% 14.6%
Max Drawdown -20.9% -18.9%
Sharpe Ratio 0.95 0.05

Dividend Comparison

Metric IAU SCHD
Annual Dividend (per share) $0.00 $1.06
Dividend Yield 0.00% 3.45%
Distribution Frequency None Quarterly

Top Holdings

SCHD Top Holdings

NameWeight
Chevron CorporationCVX4.41%
ConocoPhillipsCOP4.28%
Merck & Co., Inc.MRK4.15%
The Coca-Cola CompanyKO4.08%
Texas Instruments IncorporatedTXN4.07%
UnitedHealth Group IncorporatedUNH3.98%
Verizon Communications Inc.VZ3.96%
PepsiCo, Inc.PEP3.95%
Abbott LaboratoriesABT3.73%
Amgen Inc.AMGN3.73%

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 IAU if...

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

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