VIG vs SCHD: which ETF is better?
Vanguard Dividend Appreciation ETF (VIG) and Schwab U.S. Dividend Equity ETF (SCHD) compared on fees, holdings overlap, dividend yield, returns and risk, using the latest data.
- VIG and SCHD have low overlap: 14% of each fund by weight sits in the same holdings.
- VIG is cheaper at 0.04% a year against 0.06% for SCHD, about $2 less in fees per $10,000 invested each year.
- Over the last 10 years, VIG returned an average of 13.7% a year against 13.6% for SCHD, with dividends reinvested.
- VIG is more diversified, with 333 holdings against 99 in SCHD.
- SCHD pays more income, yielding 3.00% over the last 12 months against 1.50% for VIG.
- Overlap by weight
- 14.4%
- Shared holdings
- 33
| VIG | SCHD | |
|---|---|---|
| Name | Vanguard Dividend Appreciation ETF | Schwab U.S. Dividend Equity ETF |
| Issuer | Vanguard | Schwab |
| Listed on | NYSE Arca · USD | NYSE Arca · USD |
| Expense ratio | 0.04% | 0.06% |
| Assets (AUM) | $109B | $120B |
| Launched | Apr 21, 2006 | Oct 20, 2011 |
| Holdings | 333 | 99 |
| Dividend yield (12m) | 1.50% · quarterly | 3.00% · quarterly |
| Asset class | Large Cap Equity | Equity |
| Annualised return | VIG | SCHD |
|---|---|---|
| 1 year | +14.8% | +37.3% |
| 3 years | +17.6% | +18.9% |
| 5 years | +9.8% | +9.8% |
| 10 years | +13.7% | +13.6% |
| Volatility | 12.3% | 13.2% |
| Max drawdown | -31.7% | -33.4% |
Volatility is the annualised standard deviation of daily returns over 3 years. Max drawdown is the largest fall from a peak over the last 10 years, or since launch.
| Holding | VIG | SCHD |
|---|---|---|
| MRKMerck & Co Inc | 1.59% | 3.81% |
| PGProcter & Gamble Co/The | 1.50% | 4.45% |
| KOCoca-Cola Co/The | 1.48% | 4.27% |
| UNHUnitedHealth Group Inc | 1.46% | 3.89% |
| HDHome Depot Inc/The | 1.26% | 4.32% |
| TXNTexas Instruments Inc | 1.13% | 4.29% |
| AMGNAmgen Inc | 1.01% | 4.09% |
| QCOMQUALCOMM Inc | 0.87% | 3.63% |
| PEPPepsiCo Inc | 0.77% | 3.99% |
| ABTAbbott Laboratories | 0.76% | 4.04% |
Pull each fund's details, full price history and holdings into Google Sheets or Excel, so your comparison updates itself.
=SF("VIG","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("VIG","2016-10-01",TODAY(),"dailyAdj")=SF("SCHD","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("SCHD","2016-10-01",TODAY(),"dailyAdj")Prices to Nov 6, 2026; holdings last checked Nov 6, 2026. Returns are in each fund's trading currency (USD). Past performance doesn't predict future returns. For information only, not investment advice.
More comparisons
VIG vs SCHD: frequently asked questions
How much do VIG and SCHD overlap?
14.4% by weight. They share 33 holdings, and that share of each fund is invested in exactly the same positions. They cover quite different parts of the market.
Is VIG or SCHD cheaper?
VIG is cheaper. VIG's expense ratio is 0.04% a year and SCHD's is 0.06%, so on $10,000 you'd pay about $4 and $6 a year.
Which has performed better, VIG or SCHD?
Over the last 10 years, VIG has. VIG returned 13.7% and SCHD 13.6% a year on average, including reinvested dividends, as of Nov 6, 2026. Past returns don't predict future ones.
Which pays a higher dividend, VIG or SCHD?
SCHD does. Over the last 12 months VIG yielded 1.50%, paid quarterly, and SCHD 3.00%, paid quarterly.
Should I hold both VIG and SCHD?
They overlap by 14%, so holding both does spread your money more widely than either alone. Whether that suits you depends on the mix you want. This is general information, not advice.
Build your own fund comparison that updates itself
SheetsFinance pulls prices, dividends, ETF holdings and fund details for 80,000+ assets straight into Google Sheets and Excel.