SCHD Alternatives & Similar ETFs

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 2 ETFs in the Dividend category with lower expense ratios, going as low as 0.04%.

Symbol	Name	Expense Ratio	AUM	Inception
VYM	Vanguard High Dividend Yield ETF	0.04%	94.60B	Nov 2006	SCHD vs VYM
VIG	Vanguard Dividend Appreciation ETF	0.04%	124.70B	Apr 2006	SCHD vs VIG
UDIV	Franklin U.S. Core Dividend Tilt Index ETF	0.06%	133.93M	Jun 2016	SCHD vs UDIV
DJD	Invesco Dow Jones Industrial Average Dividend ETF	0.07%	453.49M	Dec 2015	SCHD vs DJD
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	0.07%	7.30B	Oct 2015	SCHD vs SPYD

Best Risk-Adjusted Alternatives to SCHD

SCHD has a PortfoliosLab risk / return rank of 80. There are 14 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 93.

Symbol	Name	Risk / Return Rank	AUM	Inception
AMDY	YieldMax AMD Option Income Strategy ETF	93	367.33M	Sep 2023	SCHD vs AMDY
INCE	Franklin Income Equity Focus ETF	91	128.15M	Sep 2016	SCHD vs INCE
LVHI	Franklin International Low Volatility High Dividen...	89	4.94B	Jul 2016	SCHD vs LVHI
DVYA	iShares Asia/Pacific Dividend ETF	85	70.45M	Feb 2012	SCHD vs DVYA
DGRE	WisdomTree Emerging Markets Quality Dividend Growt...	84	139.26M	Aug 2013	SCHD vs DGRE

Top Performing SCHD Alternatives (YTD)

SCHD is at 19.01% YTD. There are 10 ETFs in the Dividend category with higher YTD returns, going as high as 110.49%.

Symbol	Name	YTD Return	AUM	Inception
AMDY	YieldMax AMD Option Income Strategy ETF	110.49%	367.33M	Sep 2023	SCHD vs AMDY
MRNY	YieldMax MRNA Option Income Strategy ETF	51.59%	82.87M	Oct 2023	SCHD vs MRNY
SCDL	ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	37.06%	8.19M	Feb 2021	SCHD vs SCDL
NDIV	Amplify Natural Resources Dividend Income ETF	32.65%	28.66M	Aug 2022	SCHD vs NDIV
DGRE	WisdomTree Emerging Markets Quality Dividend Growt...	31.30%	139.26M	Aug 2013	SCHD vs DGRE

Lowest Volatility Alternatives to SCHD

SCHD has 10.96% 1-year volatility. There are 40 ETFs in the Dividend category with lower 1-year volatility, going as low as 5.79%.

Symbol	Name	Volatility 1Y	AUM	Inception
ALTY	Global X Alternative Income ETF	5.79%	44.29M	Jul 2015	SCHD vs ALTY
JEPI	JPMorgan Equity Premium Income ETF	7.85%	44.59B	May 2020	SCHD vs JEPI
INCE	Franklin Income Equity Focus ETF	8.32%	128.15M	Sep 2016	SCHD vs INCE
HIGH	Simplify Enhanced Income ETF	8.83%	75.42M	Oct 2022	SCHD vs HIGH
DLN	WisdomTree US LargeCap Dividend ETF	8.87%	6.04B	Jun 2006	SCHD vs DLN

Lowest Drawdown Alternatives to SCHD

SCHD has a 1-year max drawdown of -4.61%. There are 3 ETFs in the Dividend category with shallower 1-year drawdowns, going as shallow as -3.44%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
DFND	Siren DIVCON Dividend Defender ETF	-3.44%	8.98M	Jan 2016	SCHD vs DFND
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.39B	Mar 2006	SCHD vs FDL
ALTY	Global X Alternative Income ETF	-4.34%	44.29M	Jul 2015	SCHD vs ALTY
GCOW	Pacer Global Cash Cows Dividend ETF	-4.77%	3.35B	Feb 2016	SCHD vs GCOW
RDIV	Invesco S&P Ultra Dividend Revenue ETF	-4.84%	1.08B	Oct 2013	SCHD vs RDIV

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 $73B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	39	6.42%	61.08B	Dec 2009	SCHD vs SCHG
SCHX	Schwab U.S. Large-Cap ETF	Large Cap Blend Equities	67	10.72%	72.63B	Nov 2009	SCHD vs SCHX
SCHB	Schwab U.S. Broad Market ETF	Large Cap Blend Equities	68	11.28%	43.31B	Nov 2009	SCHD vs SCHB
SCHF	Schwab International Equity ETF	Foreign Large Cap Equities	59	15.56%	66.49B	Nov 2009	SCHD vs SCHF
SCHY	Schwab International Dividend Equity ETF	Dividend, Foreign Large Cap Equities	51	7.94%	2.27B	Apr 2021	SCHD vs SCHY
SCHV	Schwab U.S. Large-Cap Value ETF	Large Cap Value Equities	81	15.39%	15.54B	Dec 2009	SCHD vs SCHV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	Large Cap Value Equities	90	14.57%	25.47B	Aug 2013	SCHD vs FNDX
SCHA	Schwab U.S. Small-Cap ETF	Small Cap Growth Equities	71	19.79%	22.78B	Nov 2009	SCHD vs SCHA
FNDF	Schwab Fundamental International Large Company Ind...	Foreign Large Cap Equities	84	21.21%	24.55B	Aug 2013	SCHD vs FNDF
SCHH	Schwab US REIT ETF	REIT	27	11.08%	9.98B	Jan 2011	SCHD vs SCHH

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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	SCHD vs VOO
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	SCHD vs SPY
FDVV	Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	64	8.39%	9.18B	Sep 2016	SCHD vs FDVV
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	68	11.20%	2.20T	May 2001	SCHD vs VTI
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	71	8.76%	40.46B	Jun 2014	SCHD vs DGRO
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	74	9.54%	39.63B	May 2022	SCHD vs JEPQ
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	SCHD vs QQQ
VTV	Vanguard Value ETF	Large Cap Value Equities	79	12.30%	238.00B	Jan 2004	SCHD vs VTV
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	74	21.39%	96.91B	Oct 2020	SCHD vs QQQM
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	21	4.38%	3.23B	Oct 2012	SCHD vs SPHD
SWPPX	Schwab S&P 500 Index Fund	Large Cap Blend Equities, S&P 500	73	11.69%	145.00B	May 1997	SCHD vs SWPPX
HDV	iShares Core High Dividend ETF	Dividend, Large Cap Value Equities	64	12.69%	13.41B	Mar 2011	SCHD vs HDV
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	Dividend, S&P 500, Large Cap Value Equities	22	3.51%	11.07B	Oct 2013	SCHD vs NOBL
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	61	5.53%	7.11B	Dec 2016	SCHD vs DIVO
QQQI	NEOS Nasdaq-100 High Income ETF	Nasdaq-100, Derivative Income	68	13.43%	12.25B	Jan 2024	SCHD vs QQQI
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	71	7.72%	10.07B	Aug 2022	SCHD vs SPYI
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	20.59%	7.99B	Nov 2012	SCHD vs VDY.TO
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	66	11.31%	20.00B	Feb 2016	SCHD vs VYMI
O	Realty Income Corporation		61	8.26%	—	—	SCHD vs O
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.51%	91.90B	May 2020	SCHD vs SGOV

Compare SCHD with Any Fund or Stock

Compare SCHD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

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

Schwab U.S. Dividend Equity ETF (SCHD) Alternatives