SCHD vs SPMO: Yield, Cost and Returns Compared
As of Nov 5, 2026, SCHD yields more: 2.94% (dividend yield) against 0.87% for SPMO. SCHD is cheaper to own at 0.06% a year vs 0.13%. Over the same 11 years (Oct 2015 to Oct 2026), SPMO returned 17.6% a year with distributions reinvested, and SCHD 13.3%.
SCHDSchwab U.S. Dividend Equity ETF2.94%dividend yield| Compared | SCHD | SPMO |
|---|---|---|
| YieldDividend yield | 2.94% | 0.87% |
| Expense ratio | 0.06% | 0.13% |
| Total return, 1 yr | +38.5% | +12.9% |
| Total return, 3 yr (a year) | +20.7% | +35.4% |
| Total return, 5 yr (a year) | +10.6% | +17.4% |
| Total return, 10 yr (a year) | +13.7% | +19.1% |
| Worst drop since Oct 2015 | -21.6% | -21.3% |
| Share price since Oct 2015 | +175% | +421% |
| Pays | Quarterly | Quarterly |
| Issuer | Schwab | Invesco |
| Assets | $121.1B | $21.4B |
| Started | 2011 | 2015 |
| Type | Large Value | Large Blend |
Higher yield
SCHD
2.94%
Lower cost
SCHD
0.06%
Better total return
SPMO
17.6%/yr
Smaller worst drop
SPMO
-21.3%
Key facts: SCHD vs SPMO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SCHD yields 2.94% (dividend yield) and SPMO yields 0.87% (dividend yield).
- SCHD's expense ratio is 0.06% and SPMO's is 0.13%: $6 vs $13 a year on $10,000.
- From Oct 2015 to Oct 2026, $10,000 in SCHD grew to $39,362 (13.3% a year) and $10,000 in SPMO to $59,481 (17.6% a year), distributions reinvested.
- Their worst month-end drops over that time: -21.6% for SCHD and -21.3% for SPMO.
- 1 of SCHD's top ten holdings are also in SPMO's top ten, an overlap of at least 2% of the fund.
Cite this page
SmarterDividends, "SCHD vs SPMO: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/schd-vs-spmo
$10,000 in each, Oct 2015 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SCHD became
$39,362
13.3% a year
SPMO became
$59,481
17.6% a year
Year by year
| Year | SCHD | SPMO |
|---|---|---|
| 2025 | +4.3% | +26.6% |
| 2024 | +11.7% | +45.8% |
| 2023 | +4.5% | +17.6% |
| 2022 | −3.3% | −10.4% |
| 2021 | +29.8% | +22.6% |
| 2020 | +15.0% | +28.2% |
| 2019 | +27.3% | +25.9% |
| 2018 | −5.6% | −0.9% |
| 2017 | +20.8% | +27.8% |
| 2016 | +16.2% | +7.4% |
Total return each calendar year, distributions reinvested.
Top holdings
1 of the top ten overlap, at least 2% 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%
SPMO
- AAPL Apple Inc10.3%
- MU Micron Technology Inc8.8%
- JNJ Johnson & Johnson5.2%
- AMD Advanced Micro Devices Inc5.2%
- GOOGL Alphabet Inc Class A4.4%
- XOM ExxonMobil Holdings Corp3.9%
- GOOG Alphabet Inc Class C3.5%
- INTC Intel Corp3.4%
- CSCO Cisco Systems Inc2.5%
- MRK Merck & Co Inc2.5%
SCHD vs SPMO: questions
Is SCHD or SPMO better?
It depends on the job. SCHD pays more today (2.94% vs 0.87%), SCHD costs less, and SPMO has the better total return over Oct 2015 to Oct 2026, with SPMO 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 SPMO?
SCHD, at 2.94% against 0.87% for SPMO as of Nov 5, 2026. On $10,000 that's about $294 vs $87 a year at today's rates.
Which has the better total return?
SPMO. From Oct 2015 to Oct 2026, it returned 17.6% a year with distributions reinvested, against 13.3% for SCHD. $10,000 became $59,481 vs $39,362.
Which is cheaper, SCHD or SPMO?
SCHD, with a 0.06% expense ratio against 0.13%.
Do SCHD and SPMO hold the same things?
Partly. 1 of their top ten holdings match (MRK), at least 2% 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. SPMO leads on 5 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.