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

Amplify CWP Enhanced Dividend Income ETFSchwab U.S. Dividend Equity ETF

Data as of the close · refreshed automatically every trading day

Higher yieldDIVO6.35% vs 3.18%
Better 1-year total returnSCHD+27.35% vs +13.91%
Better 5-year total returnDIVO+71.09% vs +57.83%
Lower expense ratioSCHD0.06% vs 0.56%

DIVO vs SCHD at a glance

This page compares Amplify CWP Enhanced Dividend Income ETF (DIVO) with Schwab U.S. Dividend Equity ETF (SCHD) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, SCHD has led over the last 12 months at +27.35% versus +13.91% for DIVO. DIVO currently yields 6.35% (trailing 12-month) against 3.18% for SCHD. Across five years the total-return gap is +71.09% for DIVO vs +57.83% for SCHD.

The higher-yielding fund (DIVO) 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 DIVO and SCHD
MetricDIVOSCHD
Last close$47.29$33.21
Dividend yield6.35% (TTM)3.18% (TTM)
Expense ratio0.56%0.06%
Paysmonthlyquarterly
Dividends, last 12 months$3.01 (12 payments)$1.06 (4 payments)
IssuerAmplify ETFsSchwab
InceptionDec 15, 2016Oct 21, 2011

Performance: DIVO vs SCHD

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

DIVOSCHD

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
DIVOAmplify CWP Enhanced Dividend Income ETF
6.35%
+13.91%$47.29$0.195MonthlyAmplify ETFs
SCHDSchwab U.S. Dividend Equity ETF
3.18%
+27.35%Best$33.21$0.267QuarterlySchwab

Total returns

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

ETF1M3M6M1Y2Y5Y
DIVOAmplify CWP Enhanced Dividend Income ETF-2.72%+4.66%+7.75%+13.91%+29.54%+71.09%
SCHDSchwab U.S. Dividend Equity ETF-4.65%+4.74%+10.49%+27.35%+28.43%+57.83%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
DIVOAmplify CWP Enhanced Dividend Income ETF$0.195Aug 28, 2026+3.72%$3.00512 payoutsSep 29, 2025: $0.177Oct 30, 2025: $0.182Nov 26, 2025: $0.214Dec 30, 2025: $0.953Jan 29, 2026: $0.183Feb 26, 2026: $0.186Mar 30, 2026: $0.179Apr 29, 2026: $0.181May 28, 2026: $0.184Jun 29, 2026: $0.183Jul 30, 2026: $0.188Aug 28, 2026: $0.195
SCHDSchwab U.S. Dividend Equity ETF$0.267Sep 23, 2026+5.53%$1.0554 payoutsDec 6, 2023: $0.25Mar 20, 2024: $0.20Jun 26, 2024: $0.27Sep 25, 2024: $0.25Dec 11, 2024: $0.265Mar 26, 2025: $0.249Jun 25, 2025: $0.26Sep 24, 2025: $0.26Dec 10, 2025: $0.278Mar 25, 2026: $0.257Jun 24, 2026: $0.253Sep 23, 2026: $0.267

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

DIVOSCHD
Aug 28, 2026$0.195Sep 23, 2026$0.267
Jul 30, 2026$0.188Jun 24, 2026$0.253
Jun 29, 2026$0.183Mar 25, 2026$0.257
May 28, 2026$0.184Dec 10, 2025$0.278
Apr 29, 2026$0.181Sep 24, 2025$0.260
Mar 30, 2026$0.179Jun 25, 2025$0.260
Feb 26, 2026$0.186Mar 26, 2025$0.249
Jan 29, 2026$0.183Dec 11, 2024$0.265
Dec 30, 2025$0.953Sep 25, 2024$0.250
Nov 26, 2025$0.214Jun 26, 2024$0.270
Oct 30, 2025$0.182Mar 20, 2024$0.200
Sep 29, 2025$0.177Dec 6, 2023$0.250

DIVO vs SCHD: common questions

Which pays a higher dividend, DIVO or SCHD?

As of September 25, 2026, DIVO yields 6.35% (trailing 12-month) and SCHD yields 3.18% (trailing 12-month), so DIVO currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, DIVO or SCHD?

Over the past year with dividends reinvested, DIVO returned +13.91% and SCHD returned +27.35%. Over five years, DIVO returned +71.09% and SCHD returned +57.83%. Past performance does not predict future results.

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

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,391 in DIVO and $12,735 in SCHD.

Which is cheaper to own, DIVO or SCHD?

SCHD has the lower expense ratio at 0.06% a year, compared with 0.56% for DIVO. On $10,000 that is roughly $6 vs $56 a year.

How often do DIVO and SCHD pay dividends?

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

Is DIVO 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.

Related comparisons

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

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.