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

Schwab U.S. Dividend Equity ETFVanguard S&P 500 ETF

Data as of the close · refreshed automatically every trading day

Higher yieldSCHD3.18% vs 1.03%
Better 1-year total returnSCHD+27.35% vs +18.57%
Better 5-year total returnVOO+86.31% vs +57.83%

SCHD vs VOO at a glance

This page compares Schwab U.S. Dividend Equity ETF (SCHD) with Vanguard S&P 500 ETF (VOO) 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 +18.57% for VOO. SCHD currently yields 3.18% (trailing 12-month) against 1.03% for VOO. Across five years the total-return gap is +86.31% for VOO vs +57.83% for SCHD.

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.

Key figures for SCHD and VOO
MetricSCHDVOO
Last close$33.21$710.79
Dividend yield3.18% (TTM)1.03% (TTM)
Expense ratio0.06%—
Paysquarterlyquarterly
Dividends, last 12 months$1.06 (4 payments)$7.35 (4 payments)
IssuerSchwabVanguard
InceptionOct 21, 2011—

Performance: SCHD vs VOO

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

SCHDVOO

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
SCHDSchwab U.S. Dividend Equity ETF
3.18%
+27.35%Best$33.21$0.267QuarterlySchwab
VOOVanguard S&P 500 ETF
1.03%
+18.57%$710.79$1.962QuarterlyVanguard

Total returns

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

ETF1M3M6M1Y2Y5Y
SCHDSchwab U.S. Dividend Equity ETF-4.65%+4.74%+10.49%+27.35%+28.43%+57.83%
VOOVanguard S&P 500 ETF+0.96%+5.50%+18.08%+18.57%+38.60%+86.31%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
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
VOOVanguard S&P 500 ETF$1.962Jun 26, 2026+4.81%$7.3454 payoutsSep 28, 2023: $1.493Dec 20, 2023: $1.801Mar 22, 2024: $1.543Jun 28, 2024: $1.784Sep 27, 2024: $1.639Dec 23, 2024: $1.739Mar 27, 2025: $1.812Jun 30, 2025: $1.745Sep 29, 2025: $1.74Dec 22, 2025: $1.771Mar 27, 2026: $1.872Jun 26, 2026: $1.962

Recent dividend payments

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

SCHDVOO
Sep 23, 2026$0.267Jun 26, 2026$1.96
Jun 24, 2026$0.253Mar 27, 2026$1.87
Mar 25, 2026$0.257Dec 22, 2025$1.77
Dec 10, 2025$0.278Sep 29, 2025$1.74
Sep 24, 2025$0.260Jun 30, 2025$1.75
Jun 25, 2025$0.260Mar 27, 2025$1.81
Mar 26, 2025$0.249Dec 23, 2024$1.74
Dec 11, 2024$0.265Sep 27, 2024$1.64
Sep 25, 2024$0.250Jun 28, 2024$1.78
Jun 26, 2024$0.270Mar 22, 2024$1.54
Mar 20, 2024$0.200Dec 20, 2023$1.80
Dec 6, 2023$0.250Sep 28, 2023$1.49

SCHD vs VOO: common questions

Which pays a higher dividend, SCHD or VOO?

As of September 25, 2026, SCHD yields 3.18% (trailing 12-month) and VOO yields 1.03% (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 VOO?

Over the past year with dividends reinvested, SCHD returned +27.35% and VOO returned +18.57%. Over five years, SCHD returned +57.83% and VOO returned +86.31%. Past performance does not predict future results.

What would $10,000 in SCHD vs VOO 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 $11,857 in VOO.

How often do SCHD and VOO pay dividends?

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

Is SCHD or VOO 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 VOO.

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.