SCHD vs VYM: Which Dividend ETF Delivers More?
SCHD and VYM are the two most popular US dividend ETFs, but they follow different methodologies. SCHD screens for quality and dividend consistency using the Dow Jones U.S. Dividend 100 Index with 10-year track records. VYM simply selects high-yielding large-cap stocks ranked by forward yield. The result: SCHD tends to have better total returns, while VYM offers slightly higher current yield.
Key Differences
- SCHD: quality + dividend growth screen; VYM: pure high-yield screen — fundamentally different approaches
- SCHD holds ~100 stocks with stricter quality filters; VYM holds ~400+ stocks with broader diversification
- SCHD has historically delivered higher total returns due to quality factor tilt
- VYM typically offers a modestly higher current yield (about 0.2-0.4% more)
- SCHD is more concentrated in industrials and financials; VYM has more utility and energy exposure
Live Comparison
Interactive comparison with real data. Toggle dividends and tax settings to see the full picture.
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Bottom Line
For total return with dividend focus: SCHD. For highest current income with broader diversification: VYM. Many dividend investors hold both. SCHD's quality screen has driven superior risk-adjusted performance over the past decade.
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Disclaimer: This comparison is for informational and educational purposes only. It does not constitute investment advice. Past performance does not guarantee future results. ETF data is sourced from Yahoo Finance and issuer websites. Always verify current data before making investment decisions.