DIVB vs SCHD: Dividend Yield, Total Return & Fees Compared

iShares Core Dividend ETFSchwab U.S. Dividend Equity ETF

Data as of the close · refreshed automatically every trading day

Performance: DIVB vs SCHD

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

DIVBSCHD

Total Return (%) · dividends reinvested · Nov 11, 2025 – Nov 11, 2026

DividendDuel.com
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Higher yieldSCHD2.93% vs 2.07%
Better 1-year total returnDIVB+40.48% vs +37.15%
Better 5-year total returnDIVB+95.08% vs +63.75%
Expense ratio—DIVB n/a · SCHD 0.06%

DIVB vs SCHD at a glance

iShares Core Dividend ETF (DIVB) and Schwab U.S. Dividend Equity ETF (SCHD) are compared below using data through the November 11, 2026 close, refreshed after every trading day.

Over the past year, DIVB returned +40.48% with dividends reinvested, compared with +37.15% for SCHD. SCHD currently yields 2.93% (trailing 12-month) against 2.07% for DIVB. Across five years the total-return gap is +95.08% for DIVB vs +63.75% for SCHD.

The higher-yielding fund (SCHD) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for DIVB and SCHD
MetricDIVBSCHD
Last close$71.60$36.02
Dividend yield2.07% (TTM)2.93% (TTM)
Expense ratio—0.06%
Paysquarterlyquarterly
Dividends, last 12 months$1.48 (4 payments)$1.05 (4 payments)
IssueriSharesSchwab
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
DIVBiShares Core Dividend ETF
2.07%
Best+40.48%$71.60$0.4242QuarterlyiShares
SCHDSchwab U.S. Dividend Equity ETF
2.93%
+37.15%$36.02$0.2665QuarterlySchwab

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
DIVBiShares Core Dividend ETF+8.21%+6.37%+23.92%+40.48%+50.19%+95.08%
SCHDSchwab U.S. Dividend Equity ETF+9.02%+5.95%+15.27%+37.15%+32.74%+63.75%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
DIVBiShares Core Dividend ETF$0.4242Sep 15, 2026+27.60%$1.48294 payoutsDec 20, 2023: $0.3479Mar 21, 2024: $0.2479Jun 11, 2024: $0.2759Sep 25, 2024: $0.3622Dec 17, 2024: $0.351Mar 18, 2025: $0.3104Jun 16, 2025: $0.2928Sep 16, 2025: $0.3361Dec 16, 2025: $0.3889Mar 17, 2026: $0.3375Jun 15, 2026: $0.3324Sep 15, 2026: $0.4242
SCHDSchwab U.S. Dividend Equity ETF$0.2665Sep 23, 2026+5.54%$1.05414 payoutsDec 6, 2023: $0.2474Mar 20, 2024: $0.2037Jun 26, 2024: $0.2747Sep 25, 2024: $0.2515Dec 11, 2024: $0.2645Mar 26, 2025: $0.2488Jun 25, 2025: $0.2602Sep 24, 2025: $0.2604Dec 10, 2025: $0.2782Mar 25, 2026: $0.2569Jun 24, 2026: $0.2525Sep 23, 2026: $0.2665

Downside and distribution variability

Income and ending returns do not describe the whole investment experience.

Across 1,265 shared trading dates from October 28, 2021 to November 11, 2026, the largest observed peak-to-trough decline with dividends reinvested was -21.07% for DIVB and -16.82% for SCHD. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.

DIVB's recorded distributions over the 12 months ending November 11, 2026 ranged from $0.3324 to $0.4242 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

SCHD's recorded distributions over the 12 months ending November 11, 2026 ranged from $0.2525 to $0.2782 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.

How the fund strategies differ

Strategy notes checked against issuer sources on ; market figures above update separately.

SCHD: Schwab U.S. Dividend Equity ETF

Tracks the Dow Jones U.S. Dividend 100 Index, which selects dividend-paying U.S. companies using dividend and fundamental-strength criteria.

An equity dividend strategy still carries stock-market risk. Distributions and share prices can fall; its sector mix can differ from a broad-market index.

Source: Schwab SCHD fund page. Read the current issuer documents for complete objectives, holdings and risks.

Recent distributions

The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.

DIVBSCHD
Sep 15, 2026$0.4242Sep 23, 2026$0.2665
Jun 15, 2026$0.3324Jun 24, 2026$0.2525
Mar 17, 2026$0.3375Mar 25, 2026$0.2569
Dec 16, 2025$0.3889Dec 10, 2025$0.2782
Sep 16, 2025$0.3361Sep 24, 2025$0.2604
Jun 16, 2025$0.2928Jun 25, 2025$0.2602
Mar 18, 2025$0.3104Mar 26, 2025$0.2488
Dec 17, 2024$0.351Dec 11, 2024$0.2645
Sep 25, 2024$0.3622Sep 25, 2024$0.2515
Jun 11, 2024$0.2759Jun 26, 2024$0.2747
Mar 21, 2024$0.2479Mar 20, 2024$0.2037
Dec 20, 2023$0.3479Dec 6, 2023$0.2474

DIVB vs SCHD: common questions

Which pays a higher dividend, DIVB or SCHD?

As of November 11, 2026, DIVB yields 2.07% (trailing 12-month) and SCHD yields 2.93% (trailing 12-month), so SCHD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, DIVB or SCHD?

Over the past year with dividends reinvested, DIVB returned +40.48% and SCHD returned +37.15%. Over five years, DIVB returned +95.08% and SCHD returned +63.75%. Past performance does not predict future results.

What would $10,000 in DIVB vs SCHD be worth after one year?

With dividends reinvested, $10,000 invested one year before November 11, 2026 would have grown to about $14,048 in DIVB and $13,715 in SCHD.

How often do DIVB and SCHD pay dividends?

DIVB pays quarterly (4 payments in the last 12 months) and SCHD pays quarterly (4 payments).

Is DIVB or SCHD the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Research DIVB and SCHD beyond the yield

Compare payment history with total return and fees. Check whether a larger current yield comes with different drawdowns or less consistent distributions; a dividend-growth label does not promise future increases.

Review iShares Core Dividend ETF (DIVB) payment history and Schwab U.S. Dividend Equity ETF (SCHD) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.

For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.

Related comparisons

More side-by-side comparisons with DIVB and SCHD.

Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.