SmarterDividends

QYLD vs SCHD: Which Is the Better Dividend Stock?

As of September 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. QYLD offers the higher yield at 11.51%, SCHD has the higher dividend-safety score, and QYLD trades at the larger discount to fair value (+42%).

MetricQYLDSCHD
Forward yield11.51%3.11%
Annual dividend$2.13$1.05
Payout ratio
Years of growth0 yr14 yr
5-yr dividend growth-4.3%9.1%
5-yr total return-19%30%
Dividend safety score61 (C)84 (A)
Fair value estimate$26.32$21.33
Upside to fair value+42%-37%
Frequencymonthlyquarterly
Market cap
P/E ratio29.618.6

Higher yield

QYLD

11.51%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

Better value

QYLD

+42% upside

QYLD vs SCHD — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.