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

Symbol	Name	Expense Ratio	AUM	Inception
VIG	Vanguard Dividend Appreciation ETF	0.04%	129.60B	Apr 2006	SCHD vs VIG
VYM	Vanguard High Dividend Yield ETF	0.04%	96.20B	Nov 2006	SCHD vs VYM
SPDG	SPDR Portfolio S&P Sector Neutral Dividend ETF	0.05%	12.81M	Sep 2023	SCHD vs SPDG
DIVB	iShares Core Dividend ETF	0.05%	1.71B	Nov 2017	SCHD vs DIVB
UDIV	Franklin U.S. Core Dividend Tilt Index ETF	0.06%	140.81M	Jun 2016	SCHD vs UDIV

Best Risk-Adjusted Alternatives to SCHD

SCHD has a PortfoliosLab risk / return rank of 94. There are 4 ETFs in the Dividend category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
LVHI	Franklin International Low Volatility High Dividen...	96	5.48B	Jul 2016	SCHD vs LVHI
INCE	Franklin Income Equity Focus ETF	95	135.67M	Sep 2016	SCHD vs INCE
DIVB	iShares Core Dividend ETF	94	1.71B	Nov 2017	SCHD vs DIVB
DEW	WisdomTree Global High Dividend Fund	94	146.66M	Jun 2006	SCHD vs DEW
RDIV	Invesco S&P Ultra Dividend Revenue ETF	93	1.80B	Oct 2013	SCHD vs RDIV

Top Performing SCHD Alternatives (YTD)

SCHD is at 24.66% YTD. There are 10 ETFs in the Dividend category with higher YTD returns, going as high as 66.15%.

Symbol	Name	YTD Return	AUM	Inception
MRNY	YieldMax MRNA Option Income Strategy ETF	66.15%	106.87M	Oct 2023	SCHD vs MRNY
SCDL	ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	48.67%	8.65M	Feb 2021	SCHD vs SCDL
NDIV	Amplify Energy & Natural Resources Covered Call ET...	29.52%	26.89M	Aug 2022	SCHD vs NDIV
DGRE	WisdomTree Emerging Markets Quality Dividend Growt...	27.49%	141.38M	Aug 2013	SCHD vs DGRE
DIVB	iShares Core Dividend ETF	27.02%	1.71B	Nov 2017	SCHD vs DIVB

Lowest Volatility Alternatives to SCHD

SCHD has 11.06% 1-year volatility. There are 47 ETFs in the Dividend category with lower 1-year volatility, going as low as 5.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
ALTY	Global X Alternative Income ETF	5.86%	45.64M	Jul 2015	SCHD vs ALTY
JEPI	JPMorgan Equity Premium Income ETF	8.01%	45.80B	May 2020	SCHD vs JEPI
HIGH	Simplify Enhanced Income ETF	8.05%	66.82M	Oct 2022	SCHD vs HIGH
INCE	Franklin Income Equity Focus ETF	8.32%	135.67M	Sep 2016	SCHD vs INCE
CCEF	Calamos CEF Income & Arbitrage ETF	8.40%	33.90M	Jan 2024	SCHD vs CCEF

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
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.77B	Mar 2006	SCHD vs FDL
ALTY	Global X Alternative Income ETF	-4.34%	45.64M	Jul 2015	SCHD vs ALTY
RDIV	Invesco S&P Ultra Dividend Revenue ETF	-4.84%	1.80B	Oct 2013	SCHD vs RDIV
INCE	Franklin Income Equity Focus ETF	-4.90%	135.67M	Sep 2016	SCHD vs INCE
DIVG	Invesco S&P 500 High Dividend Growers ETF	-5.13%	11.30M	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
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	36	8.92%	59.97B	Dec 2009	SCHD vs SCHG
SCHX	Schwab U.S. Large-Cap ETF	Large Cap Blend Equities	69	13.44%	71.82B	Nov 2009	SCHD vs SCHX
SCHB	Schwab U.S. Broad Market ETF	Large Cap Blend Equities	71	13.99%	43.26B	Nov 2009	SCHD vs SCHB
SCHF	Schwab International Equity ETF	Foreign Large Cap Equities	70	17.35%	67.17B	Nov 2009	SCHD vs SCHF
SCHY	Schwab International Dividend Equity ETF	Dividend, Foreign Large Cap Equities	78	13.77%	2.52B	Apr 2021	SCHD vs SCHY
SCHV	Schwab U.S. Large-Cap Value ETF	Large Cap Value Equities	90	18.71%	15.73B	Dec 2009	SCHD vs SCHV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	Large Cap Value Equities	95	19.42%	26.79B	Aug 2013	SCHD vs FNDX
FNDF	Schwab Fundamental International Equity ETF	Foreign Large Cap Equities, Large Cap Value Equities	88	21.52%	25.13B	Aug 2013	SCHD vs FNDF
SCHA	Schwab U.S. Small-Cap ETF	Small Cap Blend Equities	75	22.32%	22.23B	Nov 2009	SCHD vs SCHA
SCHP	Schwab U.S. TIPS ETF	Inflation-Protected Bonds	24	0.76%	16.38B	Aug 2010	SCHD vs SCHP

Often Compared With SCHD

Investors most often compare SCHD with VOO, SPY, FDVV. These 20 comparison targets span 10 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	72	13.52%	1.70T	Sep 2010	SCHD vs VOO
SPY	State Street SPDR S&P 500 ETF	S&P 500	71	13.49%	789.06B	Jan 1993	SCHD vs SPY
FDVV	Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	79	14.74%	9.74B	Sep 2016	SCHD vs FDVV
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	91	15.18%	42.77B	Jun 2014	SCHD vs DGRO
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	71	13.92%	2.30T	May 2001	SCHD vs VTI
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	60	9.43%	39.88B	May 2022	SCHD vs JEPQ
QQQ	Invesco QQQ ETF	Nasdaq-100	54	17.04%	452.80B	Mar 1999	SCHD vs QQQ
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	69	17.85%	8.75B	Oct 2015	SCHD vs SPYD
VTV	Vanguard Value ETF	Large Cap Value Equities	93	18.51%	254.20B	Jan 2004	SCHD vs VTV
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	54	17.07%	97.11B	Oct 2020	SCHD vs QQQM
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Low Volatility	42	12.35%	4.04B	Oct 2012	SCHD vs SPHD
SWPPX	Schwab S&P 500 Index Fund	Large Cap Blend Equities, S&P 500	69	13.74%	144.34B	May 1997	SCHD vs SWPPX
HDV	iShares Core High Dividend ETF	Dividend, Large Cap Value Equities	87	19.66%	14.90B	Mar 2011	SCHD vs HDV
QQQI	NEOS Nasdaq-100 High Income ETF	Nasdaq-100, Derivative Income	48	10.59%	13.40B	Jan 2024	SCHD vs QQQI
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	Dividend, S&P 500, Large Cap Value Equities	45	13.23%	11.68B	Oct 2013	SCHD vs NOBL
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	82	10.78%	7.58B	Dec 2016	SCHD vs DIVO
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	73	10.29%	11.05B	Aug 2022	SCHD vs SPYI
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	88	18.10%	20.40B	Feb 2016	SCHD vs VYMI
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	98	27.41%	8.59B	Nov 2012	SCHD vs VDY.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	2.16%	99.95B	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