SCHD vs. VGIT
SCHD (Schwab U.S. Dividend Equity ETF) and VGIT (Vanguard Intermediate-Term Treasury ETF) are both exchange-traded funds - SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index, while VGIT is a Government Bonds fund tracking the Bloomberg U.S. Treasury 3-10 Year Index. Both are passively managed. Over the past 10 years, SCHD returned 12.91%/yr vs 1.20%/yr for VGIT. At a correlation of -0.17, they often move in opposite directions. SCHD charges 0.06%/yr vs 0.03%/yr for VGIT.
Performance
SCHD vs. VGIT - Performance Comparison
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Returns By Period
In the year-to-date period, SCHD achieves a 20.66% return, which is significantly higher than VGIT's -0.29% return. Over the past 10 years, SCHD has outperformed VGIT with an annualized return of 12.91%, while VGIT has yielded a comparatively lower 1.20% annualized return.
SCHD
- 1D
- 0.89%
- 1M
- 3.21%
- YTD
- 20.66%
- 6M
- 19.57%
- 1Y
- 26.72%
- 3Y*
- 14.90%
- 5Y*
- 8.75%
- 10Y*
- 12.91%
VGIT
- 1D
- -0.12%
- 1M
- 0.16%
- YTD
- -0.29%
- 6M
- 0.04%
- 1Y
- 3.43%
- 3Y*
- 3.69%
- 5Y*
- 0.01%
- 10Y*
- 1.20%
SCHD vs. VGIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 20.66% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
VGIT Vanguard Intermediate-Term Treasury ETF | -0.29% | 7.34% | 1.39% | 4.28% | -10.53% | -2.64% | 7.71% | 6.19% | 1.35% | 1.70% |
Correlation
The correlation between SCHD and VGIT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | -0.17 |
The correlation between SCHD and VGIT shifts across timeframes, from -0.17 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SCHD vs. VGIT — Risk / Return Rank
SCHD
VGIT
SCHD vs. VGIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Intermediate-Term Treasury ETF (VGIT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHD | VGIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.25 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.17 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 5.70 | 1.13 | +4.57 |
| Martin ratioReturn relative to average drawdown | 13.97 | 3.18 | +10.79 |
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Drawdowns
SCHD vs. VGIT - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, which is greater than VGIT's maximum drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for SCHD and VGIT.
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Drawdown Indicators
| SCHD | VGIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -16.05% | -17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -2.83% | -1.78% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -4.34% | -11.79% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -15.02% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | -16.05% | -17.32% |
Current DrawdownCurrent decline from peak | -0.03% | -2.22% | +2.19% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -3.52% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.01% | +0.88% |
Volatility
SCHD vs. VGIT - Volatility Comparison
Schwab U.S. Dividend Equity ETF (SCHD) has a higher volatility of 3.05% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.15%. This indicates that SCHD's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHD | VGIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 1.15% | +1.90% |
Volatility (6M)Calculated over the trailing 6-month period | 7.53% | 2.40% | +5.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.93% | 3.34% | +7.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 5.38% | +9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.72% | 4.50% | +12.22% |
SCHD vs. VGIT - Expense Ratio Comparison
SCHD has a 0.06% expense ratio, which is higher than VGIT's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SCHD vs. VGIT - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.22%, less than VGIT's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.22% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.86% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Frequently Asked Questions
SCHD and VGIT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHD has higher volatility (3.05%) compared to VGIT (1.15%). In terms of maximum drawdown, SCHD dropped -33.37% vs VGIT's -16.05%.
On 10-year performance, SCHD leads with 12.91% vs 1.20% for VGIT. On fees, VGIT is cheaper at 0.03% per year. On volatility, VGIT has been the lower-risk option at 1.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SCHD has performed better with a 12.91% return vs 1.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGIT is cheaper with a 0.03% expense ratio, compared with 0.06% for SCHD.
VGIT has the higher dividend yield at 3.86%, compared with 3.22% for SCHD.
SCHD is categorized as Dividend, while VGIT is Government Bonds. SCHD tracks Dow Jones U.S. Dividend 100 Index, while VGIT tracks Bloomberg U.S. Treasury 3-10 Year Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.06% for SCHD and 0.03% for VGIT.
SCHD currently has the higher Sharpe Ratio (2.41 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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