SCHD vs SDY: Dividend Yield, Total Return & Fees Compared
Schwab U.S. Dividend Equity ETFState Street SPDR S&P Dividend ETF
Data as of the close · refreshed automatically every trading day
SCHD vs SDY at a glance
This page compares Schwab U.S. Dividend Equity ETF (SCHD) with State Street SPDR S&P Dividend ETF (SDY) 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 +10.47% for SDY. SCHD currently yields 3.18% (trailing 12-month) against 2.54% for SDY. Across five years the total-return gap is +57.83% for SCHD vs +42.38% for SDY.
SCHD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.
| Metric | SCHD | SDY |
|---|---|---|
| Last close | $33.21 | $148.59 |
| Dividend yield | 3.18% (TTM) | 2.54% (TTM) |
| Expense ratio | 0.06% | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $1.06 (4 payments) | $3.78 (4 payments) |
| Issuer | Schwab | State Street |
| Inception | Oct 21, 2011 | — |
Performance: SCHD vs SDY
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Recent dividend payments
The latest 12 distributions per share for each fund, newest first.
| SCHD | SDY | ||
|---|---|---|---|
| Sep 23, 2026 | $0.267 | Sep 21, 2026 | $0.917 |
| Jun 24, 2026 | $0.253 | Jun 22, 2026 | $0.968 |
| Mar 25, 2026 | $0.257 | Mar 23, 2026 | $0.874 |
| Dec 10, 2025 | $0.278 | Dec 22, 2025 | $1.02 |
| Sep 24, 2025 | $0.260 | Sep 22, 2025 | $0.871 |
| Jun 25, 2025 | $0.260 | Jun 23, 2025 | $0.927 |
| Mar 26, 2025 | $0.249 | Mar 24, 2025 | $0.818 |
| Dec 11, 2024 | $0.265 | Dec 20, 2024 | $1.03 |
| Sep 25, 2024 | $0.250 | Sep 20, 2024 | $0.785 |
| Jun 26, 2024 | $0.270 | Jun 21, 2024 | $0.859 |
| Mar 20, 2024 | $0.200 | Mar 15, 2024 | $0.708 |
| Dec 6, 2023 | $0.250 | Dec 15, 2023 | $0.978 |
SCHD vs SDY: common questions
Which pays a higher dividend, SCHD or SDY?
As of September 25, 2026, SCHD yields 3.18% (trailing 12-month) and SDY yields 2.54% (trailing 12-month), so SCHD currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SCHD or SDY?
Over the past year with dividends reinvested, SCHD returned +27.35% and SDY returned +10.47%. Over five years, SCHD returned +57.83% and SDY returned +42.38%. Past performance does not predict future results.
What would $10,000 in SCHD vs SDY be worth after one year?
With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,735 in SCHD and $11,047 in SDY.
How often do SCHD and SDY pay dividends?
SCHD pays quarterly (4 payments in the last 12 months) and SDY pays quarterly (4 payments).
Is SCHD or SDY 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 SCHD and SDY.
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.