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 3 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%	96.10B	Nov 2006	SCHD vs VYM
VIG	Vanguard Dividend Appreciation ETF	0.04%	127.80B	Apr 2006	SCHD vs VIG
DIVB	iShares Core Dividend ETF	0.05%	1.59B	Nov 2017	SCHD vs DIVB
UDIV	Franklin U.S. Core Dividend Tilt Index ETF	0.06%	139.61M	Jun 2016	SCHD vs UDIV
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	0.07%	7.40B	Oct 2015	SCHD vs SPYD

Best Risk-Adjusted Alternatives to SCHD

SCHD has a PortfoliosLab risk / return rank of 91. There are 6 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	5.00B	Jul 2016	SCHD vs LVHI
DEW	WisdomTree Global High Dividend Fund	92	142.37M	Jun 2006	SCHD vs DEW
INCE	Franklin Income Equity Focus ETF	92	131.46M	Sep 2016	SCHD vs INCE
RDIV	Invesco S&P Ultra Dividend Revenue ETF	92	1.31B	Oct 2013	SCHD vs RDIV
ALTY	Global X Alternative Income ETF	91	45.46M	Jul 2015	SCHD vs ALTY

Top Performing SCHD Alternatives (YTD)

SCHD is at 22.44% YTD. There are 11 ETFs in the Dividend category with higher YTD returns, going as high as 80.55%.

Symbol	Name	YTD Return	AUM	Inception
MRNY	YieldMax MRNA Option Income Strategy ETF	80.55%	127.56M	Oct 2023	SCHD vs MRNY
SCDL	ETRACS 2x Leveraged U.S. Dividend Factor TR ETN	43.61%	8.22M	Feb 2021	SCHD vs SCDL
KBWY	Invesco KBW Premium Yield Equity REIT ETF	30.06%	314.47M	Dec 2010	SCHD vs KBWY
NDIV	Amplify Natural Resources Dividend Income ETF	27.53%	26.22M	Aug 2022	SCHD vs NDIV
XUDV	Franklin U.S. Dividend Booster Index ETF	25.04%	75.52M	Jan 2025	SCHD vs XUDV

Lowest Volatility Alternatives to SCHD

SCHD has 11.04% 1-year volatility. There are 43 ETFs in the Dividend category with lower 1-year volatility, going as low as 5.84%.

Symbol	Name	Volatility 1Y	AUM	Inception
ALTY	Global X Alternative Income ETF	5.84%	45.46M	Jul 2015	SCHD vs ALTY
HIGH	Simplify Enhanced Income ETF	7.25%	71.03M	Oct 2022	SCHD vs HIGH
JEPI	JPMorgan Equity Premium Income ETF	8.02%	45.17B	May 2020	SCHD vs JEPI
INCE	Franklin Income Equity Focus ETF	8.35%	131.46M	Sep 2016	SCHD vs INCE
DLN	WisdomTree U.S. LargeCap Dividend Fund	8.90%	6.21B	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
FDL	First Trust Morningstar Dividend Leaders Index Fun...	-4.27%	7.48B	Mar 2006	SCHD vs FDL
ALTY	Global X Alternative Income ETF	-4.34%	45.46M	Jul 2015	SCHD vs ALTY
RDIV	Invesco S&P Ultra Dividend Revenue ETF	-4.84%	1.31B	Oct 2013	SCHD vs RDIV
INCE	Franklin Income Equity Focus ETF	-4.90%	131.46M	Sep 2016	SCHD vs INCE
DIVG	Invesco S&P 500 High Dividend Growers ETF	-5.13%	10.76M	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 $73B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SCHG	Schwab U.S. Large-Cap Growth ETF	Large Cap Growth Equities	32	6.40%	60.56B	Dec 2009	SCHD vs SCHG
SCHX	Schwab U.S. Large-Cap ETF	Large Cap Blend Equities	63	10.64%	72.77B	Nov 2009	SCHD vs SCHX
SCHB	Schwab U.S. Broad Market ETF	Large Cap Blend Equities	65	11.27%	43.66B	Nov 2009	SCHD vs SCHB
SCHF	Schwab International Equity ETF	Foreign Large Cap Equities	61	13.66%	66.31B	Nov 2009	SCHD vs SCHF
SCHY	Schwab International Dividend Equity ETF	Dividend, Foreign Large Cap Equities	67	10.53%	2.36B	Apr 2021	SCHD vs SCHY
SCHV	Schwab U.S. Large-Cap Value ETF	Large Cap Value Equities	85	15.88%	15.78B	Dec 2009	SCHD vs SCHV
FNDX	Schwab Fundamental U.S. Large Company Index ETF	Large Cap Value Equities	94	17.12%	26.25B	Aug 2013	SCHD vs FNDX
FNDF	Schwab Fundamental International Equity ETF	Foreign Large Cap Equities, Large Cap Value Equities	84	17.52%	24.25B	Aug 2013	SCHD vs FNDF
SCHA	Schwab U.S. Small-Cap ETF	Small Cap Blend Equities	74	20.77%	23.26B	Nov 2009	SCHD vs SCHA
SCHP	Schwab U.S. TIPS ETF	Inflation-Protected Bonds	33	0.92%	16.50B	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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.72%	1.70T	Sep 2010	SCHD vs VOO
SPY	State Street SPDR S&P 500 ETF	S&P 500	65	10.67%	783.21B	Jan 1993	SCHD vs SPY
FDVV	Fidelity High Dividend ETF	Large Cap Blend Equities, Dividend	76	12.35%	9.74B	Sep 2016	SCHD vs FDVV
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	88	12.80%	42.05B	Jun 2014	SCHD vs DGRO
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	66	11.20%	2.30T	May 2001	SCHD vs VTI
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Nasdaq-100, Derivative Income	60	7.89%	40.37B	May 2022	SCHD vs JEPQ
QQQ	Invesco QQQ ETF	Nasdaq-100	53	15.19%	481.14B	Mar 1999	SCHD vs QQQ
VTV	Vanguard Value ETF	Large Cap Value Equities	91	15.79%	245.00B	Jan 2004	SCHD vs VTV
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	54	15.22%	100.59B	Oct 2020	SCHD vs QQQM
SPHD	Invesco S&P 500® High Dividend Low Volatility ETF	Dividend, S&P 500, Large Cap Value Equities	46	13.60%	3.29B	Oct 2012	SCHD vs SPHD
SWPPX	Schwab S&P 500 Index Fund	Large Cap Blend Equities, S&P 500	69	11.29%	145.69B	May 1997	SCHD vs SWPPX
NOBL	ProShares S&P 500 Dividend Aristocrats ETF	Dividend, S&P 500, Large Cap Value Equities	40	11.29%	11.63B	Oct 2013	SCHD vs NOBL
HDV	iShares Core High Dividend ETF	Dividend, Large Cap Value Equities	85	18.49%	13.91B	Mar 2011	SCHD vs HDV
QQQI	NEOS Nasdaq-100 High Income ETF	Nasdaq-100, Derivative Income	50	9.56%	13.32B	Jan 2024	SCHD vs QQQI
DIVO	Amplify CWP Enhanced Dividend Income ETF	Derivative Income	72	7.50%	7.30B	Dec 2016	SCHD vs DIVO
SPYI	NEOS S&P 500 High Income ETF	Derivative Income, S&P 500	70	8.23%	10.67B	Aug 2022	SCHD vs SPYI
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	84	14.60%	20.50B	Feb 2016	SCHD vs VYMI
VDY.TO	Vanguard FTSE Canadian High Dividend Yield Index E...	Dividend	99	29.60%	8.59B	Nov 2012	SCHD vs VDY.TO
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.95%	97.69B	May 2020	SCHD vs SGOV
O	Realty Income Corporation		78	19.70%	—	—	SCHD vs O

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