Schwab U.S. Dividend Equity ETF (SCHD) belongs to the Dividend category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SCHD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCHD
SCHD charges 0.06% annually. There are 3 ETFs in the Dividend category with lower expense ratios, going as low as 0.04%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard High Dividend Yield ETF | 0.04% | 96.10B | Nov 2006 | SCHD vs VYM | |
| Vanguard Dividend Appreciation ETF | 0.04% | 127.80B | Apr 2006 | SCHD vs VIG | |
| iShares Core Dividend ETF | 0.05% | 1.89B | Nov 2017 | SCHD vs DIVB | |
| Franklin U.S. Core Dividend Tilt Index ETF | 0.06% | 136.08M | Jun 2016 | SCHD vs UDIV | |
| Invesco Dow Jones Industrial Average Dividend ETF | 0.07% | 455.13M | Dec 2015 | SCHD vs DJD |
Best Risk-Adjusted Alternatives to SCHD
SCHD has a PortfoliosLab risk / return rank of 77. There are 12 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 93 | 4.99B | Jul 2016 | SCHD vs LVHI | |
| Franklin Income Equity Focus ETF | 89 | 140.41M | Sep 2016 | SCHD vs INCE | |
| Franklin U.S. Dividend Booster Index ETF | 84 | 83.98M | Jan 2025 | SCHD vs XUDV | |
| WisdomTree Global High Dividend Fund | 84 | 140.68M | Jun 2006 | SCHD vs DEW | |
| Global X Alternative Income ETF | 82 | 44.46M | Jul 2015 | SCHD vs ALTY |
Top Performing SCHD Alternatives (YTD)
SCHD is at 17.72% YTD. There are 10 ETFs in the Dividend category with higher YTD returns, going as high as 75.79%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax MRNA Option Income Strategy ETF | 75.79% | 121.45M | Oct 2023 | SCHD vs MRNY | |
| ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | 33.87% | 7.89M | Feb 2021 | SCHD vs SCDL | |
| WisdomTree Emerging Markets Quality Dividend Growt... | 27.61% | 154.36M | Aug 2013 | SCHD vs DGRE | |
| Amplify Natural Resources Dividend Income ETF | 27.13% | 26.84M | Aug 2022 | SCHD vs NDIV | |
| Invesco KBW Premium Yield Equity REIT ETF | 22.56% | 300.62M | Dec 2010 | SCHD vs KBWY |
Lowest Volatility Alternatives to SCHD
SCHD has 11.07% 1-year volatility. There are 39 ETFs in the Dividend category with lower 1-year volatility, going as low as 5.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Alternative Income ETF | 5.90% | 44.46M | Jul 2015 | SCHD vs ALTY | |
| JPMorgan Equity Premium Income ETF | 8.03% | 44.26B | May 2020 | SCHD vs JEPI | |
| Franklin Income Equity Focus ETF | 8.46% | 140.41M | Sep 2016 | SCHD vs INCE | |
| Simplify Enhanced Income ETF | 8.79% | 72.39M | Oct 2022 | SCHD vs HIGH | |
| WisdomTree U.S. LargeCap Dividend Fund | 9.03% | 6.12B | Jun 2006 | SCHD vs DLN |
Lowest Drawdown Alternatives to SCHD
SCHD has a 1-year max drawdown of -4.61%. There are 2 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Morningstar Dividend Leaders Index Fun... | -4.27% | 9.22B | Mar 2006 | SCHD vs FDL | |
| Global X Alternative Income ETF | -4.34% | 44.46M | Jul 2015 | SCHD vs ALTY | |
| Invesco S&P Ultra Dividend Revenue ETF | -4.84% | 1.19B | Oct 2013 | SCHD vs RDIV | |
| Franklin Income Equity Focus ETF | -4.90% | 140.41M | Sep 2016 | SCHD vs INCE | |
| Invesco S&P 500 High Dividend Growers ETF | -5.13% | 11.50M | Dec 2023 | SCHD vs DIVG |
Other ETFs from Charles Schwab
The 10 most viewed Charles Schwab ETFs shown here include SCHG, SCHX, SCHB and span 7 categories. AUM among these funds goes as high as $72B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 28 | 1.35% | 59.17B | Dec 2009 | SCHD vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 56 | 8.04% | 72.05B | Nov 2009 | SCHD vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Blend Equities | 59 | 8.88% | 43.10B | Nov 2009 | SCHD vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 57 | 13.98% | 67.19B | Nov 2009 | SCHD vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 50 | 7.30% | 2.29B | Apr 2021 | SCHD vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 83 | 16.92% | 15.79B | Dec 2009 | SCHD vs SCHV | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Value Equities | 89 | 14.31% | 26.73B | Aug 2013 | SCHD vs FNDX | |
| Schwab Fundamental International Equity ETF | Foreign Large Cap Equities, Large Cap Value Equities | 76 | 16.43% | 24.80B | Aug 2013 | SCHD vs FNDF | |
| Schwab U.S. Small-Cap ETF | Small Cap Blend Equities | 75 | 22.53% | 23.58B | Nov 2009 | SCHD vs SCHA | |
| Schwab U.S. TIPS ETF | Inflation-Protected Bonds | 32 | 0.81% | 16.06B | Aug 2010 | SCHD vs SCHP |
Often Compared With SCHD
Investors most often compare SCHD with VOO, SPY, FDVV. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare SCHD with Any Fund or Stock
Compare SCHD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCHD with funds that move differently
Schwab U.S. Dividend Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCHD.
Explore SCHD Diversifiers