SCHY vs. SPDG

Last updated Aug 5, 2026

SCHY (Schwab International Dividend Equity ETF) and SPDG (SPDR Portfolio S&P Sector Neutral Dividend ETF) are both Dividend funds - SCHY tracks the Dow Jones International Dividend 100 Index (Net) while SPDG tracks the S&P Sector-Neutral High Yield Dividend Aristocrats Index. Both are passively managed. Over the past year, SCHY returned 27.64% vs 26.82% for SPDG. Their 0.55 correlation means they have sometimes moved together and sometimes differently. SCHY charges 0.08%/yr vs 0.05%/yr for SPDG.

Performance

SCHY vs. SPDG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Dividend Equity ETF (SCHY) and SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SCHY achieves a 14.32% return, which is significantly lower than SPDG's 17.45% return.

SCHY

• 1D: 0.42%
• 1M: 4.49%
• 6M: 6.33%
• YTD: 14.32%
• 1Y: 27.64%
• 3Y*: 16.91%
• 5Y*: 9.15%
• 10Y*: —
• ALL TIME*: 9.47%

SPDG

• 1D: 2.32%
• 1M: 2.02%
• 6M: 9.37%
• YTD: 17.45%
• 1Y: 26.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 20.23%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SCHY Schwab International Dividend Equity ETF	$27.21M	$25.61M	$19.67M
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	$47.65K	$40.73K	$36.48K

SCHY vs. SPDG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCHY Schwab International Dividend Equity ETF	14.32%	33.98%	-1.79%	7.00%
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	17.45%	11.66%	20.22%	8.09%

Correlation

The correlation between SCHY and SPDG is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.52
Correlation (All Time) Calculated using the full available price history since Sep 12, 2023	0.55

The correlation between SCHY and SPDG has been stable across timeframes, ranging from 0.52 to 0.55 - a consistent structural relationship.

SCHY vs. SPDG - Sectors Allocation Comparison

Sectors	SCHY	SPDG
Consumer Defensive	17.6%	5.4%
Financial Services	13.2%	13.3%
Communication Services	11.6%	8.6%
Technology	9.0%	32.4%
Industrials	8.8%	9.0%
Healthcare	8.6%	10.2%
Consumer Cyclical	7.6%	9.6%
Energy	7.2%	4.1%
Utilities	5.7%	2.6%
Basic Materials	5.4%	2.2%
Real Estate	0.6%	2.4%

Return for Risk

SCHY vs. SPDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCHY

SCHY Risk / Return Rank: 81
SCHY Sharpe Ratio Rank: 88
SCHY Sortino Ratio Rank: 87
SCHY Omega Ratio Rank: 87
SCHY Calmar Ratio Rank: 77
SCHY Martin Ratio Rank: 65

SPDG

SPDG Risk / Return Rank: 81
SPDG Sharpe Ratio Rank: 83
SPDG Sortino Ratio Rank: 85
SPDG Omega Ratio Rank: 81
SPDG Calmar Ratio Rank: 80
SPDG Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCHY vs. SPDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG). 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.

	SCHY	SPDG	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.14	+0.18
Sortino ratio: Return per unit of downside risk	3.17	3.08	+0.09
Omega ratio: Gain probability vs. loss probability	1.42	1.38	+0.04
Calmar ratio: Return relative to maximum drawdown	3.05	3.23	-0.18
Martin ratio: Return relative to average drawdown	8.68	10.55	-1.87

SCHY vs. SPDG - Sharpe Ratio Comparison

The current SCHY Sharpe Ratio is 2.32, which is comparable to the SPDG Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of SCHY and SPDG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCHY vs. SPDG - Drawdown Comparison

The maximum SCHY drawdown since its inception was -24.04%, which is greater than SPDG's maximum drawdown of -15.67%. Use the drawdown chart below to compare losses from any high point for SCHY and SPDG.

Drawdown Indicators

	SCHY	SPDG	Difference
Max Drawdown Largest peak-to-trough decline	-24.04%	-15.67%	-8.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.11%	-8.34%	-0.77%
Max Drawdown (3Y) Largest decline over 3 years	-12.16%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.04%	—	—
Current Drawdown Current decline from peak	-0.03%	-0.03%	0.00%
Average Drawdown Average peak-to-trough decline	-4.92%	-2.19%	-2.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.19%	2.55%	+0.64%

Volatility

SCHY vs. SPDG - Volatility Comparison

The current volatility for Schwab International Dividend Equity ETF (SCHY) is 2.58%, while SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) has a volatility of 4.20%. This indicates that SCHY experiences smaller price fluctuations and is considered to be less risky than SPDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCHY	SPDG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.58%	4.20%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	9.73%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	12.01%	12.62%	-0.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.27%	14.15%	-0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.17%	14.15%	-0.98%

SCHY vs. SPDG - Expense Ratio Comparison

SCHY has a 0.08% expense ratio, which is higher than SPDG's 0.05% 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

SCHY vs. SPDG - Dividend Comparison

SCHY's dividend yield for the trailing twelve months is around 3.31%, more than SPDG's 2.65% yield.

Position	TTM	2025	2024	2023	2022	2021
SCHY Schwab International Dividend Equity ETF	3.31%	3.55%	4.64%	3.97%	3.67%	1.73%
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF	2.65%	2.87%	2.61%	0.90%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SCHY and SPDG in my portfolio?

SCHY and SPDG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCHY or SPDG?

SPDG has higher volatility (4.20%) compared to SCHY (2.58%). In terms of maximum drawdown, SCHY dropped -24.04% vs SPDG's -15.67%.

Which ETF is better, SCHY or SPDG?

On 1-year performance, SCHY leads with 27.64% vs 26.82% for SPDG. On fees, SPDG is cheaper at 0.05% per year. On volatility, SCHY has been the lower-risk option at 2.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCHY or SPDG?

Over the 1-year period, SCHY has performed better with a 27.64% return vs 26.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCHY or SPDG?

SPDG is cheaper with a 0.05% expense ratio, compared with 0.08% for SCHY.

Which ETF pays a higher dividend yield, SCHY or SPDG?

SCHY has the higher dividend yield at 3.31%, compared with 2.65% for SPDG.

What is the main difference between SCHY and SPDG?

SCHY tracks Dow Jones International Dividend 100 Index (Net), while SPDG tracks S&P Sector-Neutral High Yield Dividend Aristocrats Index. They also come from different issuers: Charles Schwab and State Street. Their fees differ too: 0.08% for SCHY and 0.05% for SPDG.

Which has better risk-adjusted returns?

SCHY currently has the higher Sharpe Ratio (2.32 vs 2.14), 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.