IWM vs SCHD — 14-Year Performance Comparison
US Small-Cap vs Dividend Growth — backtested 2011–2024
SCHD wins$55,862 vs $34,283 on $10,000 over 14 years
IWMUS Small-Cap
Final value$34,283
CAGR+9.2%
Max drawdown-20.5%
Best year+39% (2013)
Years won5 of 14
SCHDDividend Growth
Final value$55,862
CAGR+13.1%
Max drawdown-5.9%
Best year+33% (2013)
Years won9 of 14
Growth of $10,000
2011–2024IWMSCHD
IWM$34,283
SCHD$55,862
50/50 mix$44,319
50/50 blend: $44,319 (+11.2%/yr CAGR)
Splitting equally between IWM and SCHD would have landed between the two — slightly lower CAGR than SCHD but less volatility. Try a custom split →
Year-by-year: IWM vs SCHD
| Year | IWM | SCHD | Winner |
|---|---|---|---|
| 2024 | +11.4% | +25.3% | SCHD |
| 2023 | +16.8% | +6.8% | IWM |
| 2022 | -20.5% | -3.2% | SCHD |
| 2021 | +14.5% | +29.5% | SCHD |
| 2020 | +20.0% | +11.6% | IWM |
| 2019 | +25.4% | +28.4% | SCHD |
| 2018 | -11.1% | -5.9% | SCHD |
| 2017 | +14.6% | +20.1% | SCHD |
| 2016 | +21.6% | +18.8% | IWM |
| 2015 | -4.5% | +0.3% | SCHD |
| 2014 | +5.0% | +14.7% | SCHD |
| 2013 | +38.7% | +33.0% | IWM |
| 2012 | +16.7% | +14.1% | IWM |
| 2011 | -4.4% | -0.5% | SCHD |
More comparisons
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