SCHD vs VIG: Higher Yield Today or Faster Growth Tomorrow?
SCHD and VIG are both top-tier dividend ETFs but target different parts of the dividend spectrum. SCHD focuses on high-quality, high-yielding dividend payers with 10+ years of consistent payments. VIG focuses on dividend growth — companies that have increased dividends for 10+ consecutive years, regardless of current yield. The result: SCHD pays more today, while VIG's holdings tend to grow dividends faster.
Key Differences
- SCHD yields ~3.5%; VIG yields ~1.8% — SCHD pays nearly 2x more in current income
- VIG holds mega-cap growth names (Apple, Microsoft, Broadcom) that SCHD doesn't — more growth-oriented
- SCHD: 100 holdings, market-cap weighted with quality screen; VIG: 300+ holdings, broader
- VIG has higher total return over the past 10 years due to its growth stock exposure
- TER: SCHD 0.06% vs VIG 0.06% — identical cost
Live Comparison
Interactive comparison with real data. Toggle dividends and tax settings to see the full picture.
Bottom Line
For current income: SCHD wins with nearly double the yield. For total return and dividend growth potential: VIG wins with exposure to high-growth mega-caps. An excellent combination: hold SCHD for income today and VIG for growing dividends tomorrow. Together they provide a balanced dividend strategy across the quality spectrum.