PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
SCHY vs. VDY.TO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SCHY vs. VDY.TO

Last updated Jun 14, 2026

SCHY (Schwab International Dividend Equity ETF) and VDY.TO (Vanguard FTSE Canadian High Dividend Yield Index ETF) are both Dividend funds - SCHY tracks the Dow Jones International Dividend 100 Index while VDY.TO tracks the FTSE Canada High Dividend Yield Index. Both are passively managed. Over the past 5 years, SCHY returned 8.28%/yr vs 14.55%/yr for VDY.TO. A 0.51 correlation means they provide meaningful diversification when combined. SCHY charges 0.08%/yr vs 0.22%/yr for VDY.TO.

Performance

SCHY vs. VDY.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab International Dividend Equity ETF (SCHY) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

SCHY is traded in USD, while VDY.TO is traded in CAD. To make them comparable, the VDY.TO values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, SCHY achieves a 10.44% return, which is significantly lower than VDY.TO's 21.35% return.

SCHY

1D
0.24%
1M
1.36%
YTD
10.44%
6M
11.90%
1Y
23.76%
3Y*
15.61%
5Y*
8.28%
10Y*
—

VDY.TO

1D
0.47%
1M
3.28%
YTD
21.35%
6M
21.69%
1Y
45.54%
3Y*
25.54%
5Y*
14.55%
10Y*
13.61%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SCHY vs. VDY.TO - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SCHY
Schwab International Dividend Equity ETF		10.44%33.98%-1.79%14.27%-9.43%3.42%
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF		21.35%35.39%11.96%11.05%-6.18%12.40%

Correlation

The correlation between SCHY and VDY.TO is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.36

Correlation (3Y)
Calculated over the trailing 3-year period

0.47

Correlation (5Y)
Calculated over the trailing 5-year period

0.51

Correlation (All Time)
Calculated using the full available price history since Apr 29, 2021

0.51

The correlation between SCHY and VDY.TO shifts across timeframes, from 0.36 (1 year) to 0.51 (5 years), reflecting how their relationship changes across market environments.

SCHY vs. VDY.TO - Sectors Allocation Comparison

Sectors
SCHY
VDY.TO

Financial Services

15.9%
56.0%

Communication Services

15.0%
2.8%

Consumer Defensive

14.4%
0.4%

Industrials

13.0%
0.2%

Energy

9.6%
30.8%

Consumer Cyclical

7.8%
3.0%

Healthcare

7.4%
0.1%

Utilities

6.8%
4.1%

Basic Materials

5.8%
2.2%

Technology

3.6%
0.4%

Real Estate

0.8%

-

Financial Services

SCHY
15.9%
VDY.TO
56.0%

Communication Services

SCHY
15.0%
VDY.TO
2.8%

Consumer Defensive

SCHY
14.4%
VDY.TO
0.4%

Industrials

SCHY
13.0%
VDY.TO
0.2%

Energy

SCHY
9.6%
VDY.TO
30.8%

Consumer Cyclical

SCHY
7.8%
VDY.TO
3.0%

Healthcare

SCHY
7.4%
VDY.TO
0.1%

Utilities

SCHY
6.8%
VDY.TO
4.1%

Basic Materials

SCHY
5.8%
VDY.TO
2.2%

Technology

SCHY
3.6%
VDY.TO
0.4%

Real Estate

SCHY
0.8%
VDY.TO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab International Dividend Equity ETF

Vanguard FTSE Canadian High Dividend Yield Index ETF

Often compared with SCHY:
SCHY vs. VYMISCHY vs. SCHDSCHY vs. SCHFSCHY vs. VXUSSCHY vs. VIGISCHY vs. IDVOSCHY vs. FIDI
Often compared with VDY.TO:
VDY.TO vs. XEI.TOVDY.TO vs. XDIV.TOVDY.TO vs. VCN.TOVDY.TO vs. SCHDVDY.TO vs. XIC.TOVDY.TO vs. VCE.TOVDY.TO vs. ZDV.TO

Return for Risk

SCHY vs. VDY.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SCHY
SCHY Risk / Return Rank: 6060
Overall Rank
SCHY Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
SCHY Sortino Ratio Rank: 6464
Sortino Ratio Rank
SCHY Omega Ratio Rank: 6363
Omega Ratio Rank
SCHY Calmar Ratio Rank: 5656
Calmar Ratio Rank
SCHY Martin Ratio Rank: 5151
Martin Ratio Rank
VDY.TO
VDY.TO Risk / Return Rank: 9898
Overall Rank
VDY.TO Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
VDY.TO Sortino Ratio Rank: 9898
Sortino Ratio Rank
VDY.TO Omega Ratio Rank: 9898
Omega Ratio Rank
VDY.TO Calmar Ratio Rank: 9898
Calmar Ratio Rank
VDY.TO Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SCHY vs. VDY.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab International Dividend Equity ETF (SCHY) and Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO). 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.

SCHYVDY.TODifference
Sharpe ratioReturn per unit of total volatility
1.86
4.99

-3.13

Sortino ratioReturn per unit of downside risk
2.56
6.89

-4.33

Omega ratioGain probability vs. loss probability

1.33

1.94

-0.61

Calmar ratioReturn relative to maximum drawdown

2.46

12.92

-10.46

Martin ratioReturn relative to average drawdown

7.63

44.56

-36.92

SCHY vs. VDY.TO - Sharpe Ratio Comparison

The current SCHY Sharpe Ratio is 1.86, which is lower than the VDY.TO Sharpe Ratio of 4.99. The chart below compares the historical Sharpe Ratios of SCHY and VDY.TO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

SCHY vs. VDY.TO - Drawdown Comparison

The maximum SCHY drawdown since its inception was -24.04%, smaller than the maximum VDY.TO drawdown of -44.42%. Use the drawdown chart below to compare losses from any high point for SCHY and VDY.TO.

Loading charts...

Drawdown Indicators

SCHYVDY.TODifference

Max Drawdown

Largest peak-to-trough decline

-24.04%

-44.42%

+20.38%

Max Drawdown (1Y)

Largest decline over 1 year

-9.11%

-3.59%

-5.52%

Max Drawdown (3Y)

Largest decline over 3 years

-12.16%

-12.92%

+0.76%

Max Drawdown (5Y)

Largest decline over 5 years

-24.04%

-23.69%

-0.35%

Max Drawdown (10Y)

Largest decline over 10 years

—

-44.42%

—

Current Drawdown

Current decline from peak

-2.94%

0.00%

-2.94%

Average Drawdown

Average peak-to-trough decline

-4.97%

-8.79%

+3.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.95%

1.04%

+1.91%

Volatility

SCHY vs. VDY.TO - Volatility Comparison

Schwab International Dividend Equity ETF (SCHY) has a higher volatility of 3.37% compared to Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) at 3.14%. This indicates that SCHY's price experiences larger fluctuations and is considered to be riskier than VDY.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

SCHYVDY.TODifference

Volatility (1M)

Calculated over the trailing 1-month period

3.37%

3.14%

+0.23%

Volatility (6M)

Calculated over the trailing 6-month period

9.96%

7.41%

+2.55%

Volatility (1Y)

Calculated over the trailing 1-year period

12.07%

9.31%

+2.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.28%

13.44%

-0.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.23%

17.45%

-4.22%

SCHY vs. VDY.TO - Expense Ratio Comparison

SCHY has a 0.08% expense ratio, which is lower than VDY.TO's 0.22% expense ratio. Despite the difference, 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. VDY.TO - Dividend Comparison

SCHY's dividend yield for the trailing twelve months is around 3.36%, more than VDY.TO's 2.83% yield.

PositionTTM20252024202320222021202020192018201720162015
SCHY
Schwab International Dividend Equity ETF		3.36%3.55%4.64%3.97%3.67%1.73%0.00%0.00%0.00%0.00%0.00%0.00%
VDY.TO
Vanguard FTSE Canadian High Dividend Yield Index ETF		2.83%3.59%4.37%4.64%4.42%3.46%4.59%4.25%4.44%3.42%3.25%4.11%

Frequently Asked Questions

SCHY and VDY.TO have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SCHY is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SCHY is cheaper with a 0.08% expense ratio, compared with 0.22% for VDY.TO.

SCHY tracks Dow Jones International Dividend 100 Index, while VDY.TO tracks FTSE Canada High Dividend Yield Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.08% for SCHY and 0.22% for VDY.TO.

Portfolio Optimizer

Find the right allocation for SCHY and VDY.TO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer