DIVO vs SCHD: Yield, Cost and Returns Compared
As of Nov 8, 2026, DIVO yields more: 6.49% (dividend yield) against 3.00% for SCHD. SCHD is cheaper to own at 0.06% a year vs 0.56%. Over the same 9 years (Dec 2016 to Oct 2026), SCHD returned 13.3% a year with distributions reinvested, and DIVO 12.7%.
DIVOAmplify CWP Enhanced Dividend Income ETF6.49%dividend yield
SCHDSchwab U.S. Dividend Equity ETF3.00%dividend yield| Compared | DIVO | SCHD |
|---|---|---|
| YieldDividend yield | 6.49% | 3.00% |
| Expense ratio | 0.56% | 0.06% |
| Total return, 1 yr | +12.5% | +38.5% |
| Total return, 3 yr (a year) | +17.6% | +20.7% |
| Total return, 5 yr (a year) | +10.5% | +10.6% |
| Total return, 10 yr (a year) | — | +13.7% |
| Worst drop since Dec 2016 | -18.5% | -21.6% |
| Share price since Dec 2016 | +90% | +146% |
| Pays | Monthly | Quarterly |
| Issuer | Amplify | Schwab |
| Assets | $8.0B | $121.1B |
| Started | 2016 | 2011 |
| Type | Derivative Income | Large Value |
Higher yield
DIVO
6.49%
Lower cost
SCHD
0.06%
Better total return
SCHD
13.3%/yr
Smaller worst drop
DIVO
-18.5%
Key facts: DIVO vs SCHD
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, DIVO yields 6.49% (dividend yield) and SCHD yields 3.00% (dividend yield).
- DIVO's expense ratio is 0.56% and SCHD's is 0.06%: $56 vs $6 a year on $10,000.
- From Dec 2016 to Oct 2026, $10,000 in DIVO grew to $32,285 (12.7% a year) and $10,000 in SCHD to $34,109 (13.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -18.5% for DIVO and -21.6% for SCHD.
- 1 of DIVO's top ten holdings are also in SCHD's top ten, an overlap of at least 4% of the fund.
Cite this page
SmarterDividends, "DIVO vs SCHD: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/divo-vs-schd
$10,000 in each, Dec 2016 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$32,285
12.7% a year
SCHD became
$34,109
13.3% a year
Year by year
| Year | DIVO | SCHD |
|---|---|---|
| 2025 | +17.4% | +4.3% |
| 2024 | +16.2% | +11.7% |
| 2023 | +7.0% | +4.5% |
| 2022 | −1.5% | −3.3% |
| 2021 | +22.9% | +29.8% |
| 2020 | +12.4% | +15.0% |
| 2019 | +25.0% | +27.3% |
| 2018 | −3.2% | −5.6% |
| 2017 | +21.4% | +20.8% |
Total return each calendar year, distributions reinvested.
Top holdings
1 of the top ten overlap, at least 4% of each fund.
DIVO
- MSFT Microsoft Corp5.9%
- AMGN Amgen Inc5.7%
- V Visa Inc Class A5.4%
- AGPXX Invesco Shrt-Trm Inv Gov&Agcy Instl5.3%
- AAPL Apple Inc5.1%
- JPM JPMorgan Chase & Co4.9%
- GS The Goldman Sachs Group Inc4.9%
- CAT Caterpillar Inc4.5%
- SOFR Amplify Samsung SOFR ETF4.2%
- AXP American Express Co4.1%
SCHD
- TXN Texas Instruments Inc4.6%
- COP ConocoPhillips4.3%
- CVX Chevron Corp4.3%
- PG Procter & Gamble Co4.2%
- KO Coca-Cola Co4.1%
- AMGN Amgen Inc4.1%
- HD The Home Depot Inc4.0%
- UNH UnitedHealth Group Inc3.9%
- MRK Merck & Co Inc3.8%
- PEP PepsiCo Inc3.8%
DIVO vs SCHD: questions
Is DIVO or SCHD better?
It depends on the job. DIVO pays more today (6.49% vs 3.00%), SCHD costs less, and SCHD has the better total return over Dec 2016 to Oct 2026, with DIVO holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, DIVO or SCHD?
DIVO, at 6.49% against 3.00% for SCHD as of Nov 8, 2026. On $10,000 that's about $649 vs $300 a year at today's rates.
Which has the better total return?
SCHD. From Dec 2016 to Oct 2026, it returned 13.3% a year with distributions reinvested, against 12.7% for DIVO. $10,000 became $34,109 vs $32,285.
Which is cheaper, DIVO or SCHD?
SCHD, with a 0.06% expense ratio against 0.56%.
Do DIVO and SCHD hold the same things?
Partly. 1 of their top ten holdings match (AMGN), at least 4% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SCHD leads on 5 of 7 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.