SCHG vs SPYG: Yield, Cost and Returns Compared
As of Nov 5, 2026, SPYG yields more: 0.52% (dividend yield) against 0.42% for SCHG. SCHG is cheaper to own at 0.04% a year vs 0.04%. Over the same 16 years (Dec 2009 to Oct 2026), SCHG returned 16.1% a year with distributions reinvested, and SPYG 15.7%.
| Compared | SCHG | SPYG |
|---|---|---|
| YieldDividend yield | 0.42% | 0.52% |
| Expense ratio | 0.04% | 0.04% |
| Total return, 1 yr | +3.2% | +8.3% |
| Total return, 3 yr (a year) | +24.7% | +27.1% |
| Total return, 5 yr (a year) | +11.7% | +11.6% |
| Total return, 10 yr (a year) | +18.4% | +17.5% |
| Worst drop since Dec 2009 | -31.8% | -30.4% |
| Share price since Dec 2009 | +956% | +846% |
| Pays | Quarterly | Quarterly |
| Issuer | Schwab | State Street Investment Management |
| Assets | $61.7B | $54.0B |
| Started | 2009 | 2000 |
| Type | Large Growth | Large Growth |
Higher yield
SPYG
0.52%
Lower cost
SCHG
0.04%
Better total return
SCHG
16.1%/yr
Smaller worst drop
SPYG
-30.4%
Key facts: SCHG vs SPYG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SCHG yields 0.42% (dividend yield) and SPYG yields 0.52% (dividend yield).
- SCHG's expense ratio is 0.04% and SPYG's is 0.04%: $4 vs $4 a year on $10,000.
- From Dec 2009 to Oct 2026, $10,000 in SCHG grew to $123,453 (16.1% a year) and $10,000 in SPYG to $116,072 (15.7% a year), distributions reinvested.
- Their worst month-end drops over that time: -31.8% for SCHG and -30.4% for SPYG.
- 9 of SCHG's top ten holdings are also in SPYG's top ten, an overlap of at least 50% of the fund.
Cite this page
SmarterDividends, "SCHG vs SPYG: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/schg-vs-spyg
$10,000 in each, Dec 2009 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SCHG became
$123,453
16.1% a year
SPYG became
$116,072
15.7% a year
Year by year
| Year | SCHG | SPYG |
|---|---|---|
| 2025 | +17.4% | +22.1% |
| 2024 | +34.9% | +36.0% |
| 2023 | +50.1% | +30.0% |
| 2022 | −31.8% | −29.4% |
| 2021 | +28.1% | +32.0% |
| 2020 | +39.1% | +33.4% |
| 2019 | +35.9% | +30.8% |
| 2018 | −1.3% | −0.1% |
| 2017 | +27.4% | +27.3% |
| 2016 | +8.9% | +6.9% |
| 2015 | +3.4% | +5.0% |
| 2014 | +15.9% | +14.8% |
| 2013 | +34.4% | +32.5% |
| 2012 | +16.5% | +14.3% |
| 2011 | −0.6% | +4.6% |
| 2010 | +16.5% | +16.3% |
Total return each calendar year, distributions reinvested.
Top holdings
9 of the top ten overlap, at least 50% of each fund.
SCHG
- AAPL Apple Inc12.1%
- NVDA NVIDIA Corp11.9%
- MSFT Microsoft Corp9.3%
- AMZN Amazon.com Inc5.7%
- AVGO Broadcom Inc4.1%
- GOOGL Alphabet Inc Class A3.9%
- META Meta Platforms Inc Class A3.8%
- GOOG Alphabet Inc Class C3.2%
- LLY Eli Lilly and Co3.2%
- TSLA Tesla Inc3.1%
SPYG
- NVDA NVIDIA Corp14.2%
- MSFT Microsoft Corp11.1%
- AAPL Apple Inc7.2%
- GOOGL Alphabet Inc Class A4.7%
- AVGO Broadcom Inc4.5%
- META Meta Platforms Inc Class A3.9%
- GOOG Alphabet Inc Class C3.8%
- AMZN Amazon.com Inc3.6%
- LLY Eli Lilly and Co3.3%
- BRK-B Berkshire Hathaway Inc Class B2.9%
SCHG vs SPYG: questions
Is SCHG or SPYG better?
It depends on the job. SPYG pays more today (0.52% vs 0.42%), SCHG costs less, and SCHG has the better total return over Dec 2009 to Oct 2026, with SPYG 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, SCHG or SPYG?
SPYG, at 0.52% against 0.42% for SCHG as of Nov 5, 2026. On $10,000 that's about $52 vs $42 a year at today's rates.
Which has the better total return?
SCHG. From Dec 2009 to Oct 2026, it returned 16.1% a year with distributions reinvested, against 15.7% for SPYG. $10,000 became $123,453 vs $116,072.
Which is cheaper, SCHG or SPYG?
SCHG, with a 0.04% expense ratio against 0.04%.
Do SCHG and SPYG hold the same things?
Partly. 9 of their top ten holdings match (NVDA, MSFT, AAPL, AVGO), at least 50% 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. SPYG leads on 4 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.