SmarterDividends

SCHD vs VYM: Which Is the Better Dividend Stock?

As of July 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. SCHD offers the higher yield at 3.15%, SCHD has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-36%).

MetricSCHDVYM
Forward yield3.15%2.24%
Annual dividend$1.05$3.63
Payout ratio
Years of growth14 yr15 yr
5-yr dividend growth9.1%3.8%
5-yr total return29%51%
Dividend safety score84 (A)60 (C)
Fair value estimate$21.33$54.67
Upside to fair value-36%-66%
Frequencyquarterlyquarterly
Market cap
P/E ratio19.222.0

Higher yield

SCHD

3.15%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

Better value

SCHD

-36% upside

SCHD vs VYM — FAQ

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