SCHD vs SCHV: Yield, Cost and Returns Compared
As of Nov 5, 2026, SCHD yields more: 2.94% (dividend yield) against 1.81% for SCHV. SCHV is cheaper to own at 0.04% a year vs 0.06%. Over the same 15 years (Oct 2011 to Oct 2026), SCHD returned 13.5% a year with distributions reinvested, and SCHV 12.1%.
SCHDSchwab U.S. Dividend Equity ETF2.94%dividend yield| Compared | SCHD | SCHV |
|---|---|---|
| YieldDividend yield | 2.94% | 1.81% |
| Expense ratio | 0.06% | 0.04% |
| Total return, 1 yr | +38.5% | +22.2% |
| Total return, 3 yr (a year) | +20.7% | +21.2% |
| Total return, 5 yr (a year) | +10.6% | +10.4% |
| Total return, 10 yr (a year) | +13.7% | +11.5% |
| Worst drop since Oct 2011 | -21.6% | -25.6% |
| Share price since Oct 2011 | +321% | +271% |
| Pays | Quarterly | Quarterly |
| Issuer | Schwab | Schwab |
| Assets | $121.1B | $15.7B |
| Started | 2011 | 2009 |
| Type | Large Value | Large Value |
Higher yield
SCHD
2.94%
Lower cost
SCHV
0.04%
Better total return
SCHD
13.5%/yr
Smaller worst drop
SCHD
-21.6%
Key facts: SCHD vs SCHV
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SCHD yields 2.94% (dividend yield) and SCHV yields 1.81% (dividend yield).
- SCHD's expense ratio is 0.06% and SCHV's is 0.04%: $6 vs $4 a year on $10,000.
- From Oct 2011 to Oct 2026, $10,000 in SCHD grew to $66,879 (13.5% a year) and $10,000 in SCHV to $55,143 (12.1% a year), distributions reinvested.
- Their worst month-end drops over that time: -21.6% for SCHD and -25.6% for SCHV.
- 3 of SCHD's top ten holdings are also in SCHV's top ten, an overlap of at least 4% of the fund.
Cite this page
SmarterDividends, "SCHD vs SCHV: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/schd-vs-schv
$10,000 in each, Oct 2011 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SCHD became
$66,879
13.5% a year
SCHV became
$55,143
12.1% a year
Year by year
| Year | SCHD | SCHV |
|---|---|---|
| 2025 | +4.3% | +16.0% |
| 2024 | +11.7% | +14.1% |
| 2023 | +4.5% | +8.9% |
| 2022 | −3.3% | −7.6% |
| 2021 | +29.8% | +25.5% |
| 2020 | +15.0% | +2.6% |
| 2019 | +27.3% | +25.9% |
| 2018 | −5.6% | −7.3% |
| 2017 | +20.8% | +15.7% |
| 2016 | +16.2% | +18.2% |
| 2015 | −0.4% | −1.0% |
| 2014 | +11.4% | +10.9% |
| 2013 | +32.8% | +31.1% |
| 2012 | +11.1% | +14.9% |
Total return each calendar year, distributions reinvested.
Top holdings
3 of the top ten overlap, at least 4% of each fund.
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%
SCHV
- BRK-B Berkshire Hathaway Inc Class B3.3%
- JPM JPMorgan Chase & Co2.9%
- XOM ExxonMobil Holdings Corp2.5%
- JNJ Johnson & Johnson2.2%
- WMT Walmart Inc1.8%
- ABBV AbbVie Inc1.7%
- CVX Chevron Corp1.5%
- CSCO Cisco Systems Inc1.4%
- PG Procter & Gamble Co1.2%
- MRK Merck & Co Inc1.2%
SCHD vs SCHV: questions
Is SCHD or SCHV better?
It depends on the job. SCHD pays more today (2.94% vs 1.81%), SCHV costs less, and SCHD has the better total return over Oct 2011 to Oct 2026, with SCHD 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, SCHD or SCHV?
SCHD, at 2.94% against 1.81% for SCHV as of Nov 5, 2026. On $10,000 that's about $294 vs $181 a year at today's rates.
Which has the better total return?
SCHD. From Oct 2011 to Oct 2026, it returned 13.5% a year with distributions reinvested, against 12.1% for SCHV. $10,000 became $66,879 vs $55,143.
Which is cheaper, SCHD or SCHV?
SCHV, with a 0.04% expense ratio against 0.06%.
Do SCHD and SCHV hold the same things?
Partly. 3 of their top ten holdings match (CVX, PG, MRK), 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 6 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.