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

Schwab U.S. Dividend Equity ETFVanguard High Dividend Yield Index Fund ETF Shares

Data as of the close · refreshed automatically every trading day

Higher yieldSCHD3.18% vs 2.33%
Better 1-year total returnSCHD+27.35% vs +15.53%
Better 5-year total returnVYM+73.66% vs +57.83%

SCHD vs VYM at a glance

This page compares Schwab U.S. Dividend Equity ETF (SCHD) with Vanguard High Dividend Yield Index Fund ETF Shares (VYM) 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 +15.53% for VYM. SCHD currently yields 3.18% (trailing 12-month) against 2.33% for VYM. Across five years the total-return gap is +73.66% for VYM 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 VYM
MetricSCHDVYM
Last close$33.21$157.68
Dividend yield3.18% (TTM)2.33% (TTM)
Expense ratio0.06%—
Paysquarterlyquarterly
Dividends, last 12 months$1.06 (4 payments)$3.68 (4 payments)
IssuerSchwabVanguard
InceptionOct 21, 2011—

Performance: SCHD vs VYM

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

SCHDVYM

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
VYMVanguard High Dividend Yield Index Fund ETF Shares
2.33%
+15.53%$157.68$0.887QuarterlyVanguard

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%
VYMVanguard High Dividend Yield Index Fund ETF Shares-3.81%-0.25%+7.73%+15.53%+30.82%+73.66%

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
VYMVanguard High Dividend Yield Index Fund ETF Shares$0.887Sep 18, 2026-9.49%$3.6764 payoutsDec 18, 2023: $1.10Mar 15, 2024: $0.656Jun 21, 2024: $1.024Sep 20, 2024: $0.851Dec 20, 2024: $0.964Mar 21, 2025: $0.85Jun 20, 2025: $0.862Sep 19, 2025: $0.842Dec 19, 2025: $0.947Mar 20, 2026: $0.862Jun 18, 2026: $0.98Sep 18, 2026: $0.887

Recent dividend payments

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

SCHDVYM
Sep 23, 2026$0.267Sep 18, 2026$0.887
Jun 24, 2026$0.253Jun 18, 2026$0.980
Mar 25, 2026$0.257Mar 20, 2026$0.862
Dec 10, 2025$0.278Dec 19, 2025$0.947
Sep 24, 2025$0.260Sep 19, 2025$0.842
Jun 25, 2025$0.260Jun 20, 2025$0.862
Mar 26, 2025$0.249Mar 21, 2025$0.850
Dec 11, 2024$0.265Dec 20, 2024$0.964
Sep 25, 2024$0.250Sep 20, 2024$0.851
Jun 26, 2024$0.270Jun 21, 2024$1.02
Mar 20, 2024$0.200Mar 15, 2024$0.656
Dec 6, 2023$0.250Dec 18, 2023$1.10

SCHD vs VYM: common questions

Which pays a higher dividend, SCHD or VYM?

As of September 25, 2026, SCHD yields 3.18% (trailing 12-month) and VYM yields 2.33% (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 VYM?

Over the past year with dividends reinvested, SCHD returned +27.35% and VYM returned +15.53%. Over five years, SCHD returned +57.83% and VYM returned +73.66%. Past performance does not predict future results.

What would $10,000 in SCHD vs VYM 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 $11,553 in VYM.

How often do SCHD and VYM pay dividends?

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

Is SCHD or VYM 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 VYM.

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.