VEGN vs. SCHD

Last updated Jun 3, 2026

VEGN (US Vegan Climate ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - VEGN is a Large Cap Growth Equities fund tracking the US Vegan Climate Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, VEGN returned 17.14%/yr vs 8.49%/yr for SCHD. A 0.64 correlation means they provide meaningful diversification when combined. VEGN charges 0.60%/yr vs 0.06%/yr for SCHD.

Performance

VEGN vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in US Vegan Climate ETF (VEGN) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEGN achieves a 32.90% return, which is significantly higher than SCHD's 19.01% return.

VEGN

• 1D: 1.08%
• 1M: 19.56%
• YTD: 32.90%
• 6M: 34.35%
• 1Y: 52.58%
• 3Y*: 30.29%
• 5Y*: 17.14%
• 10Y*: —

SCHD

• 1D: 0.59%
• 1M: 1.60%
• YTD: 19.01%
• 6M: 20.36%
• 1Y: 28.08%
• 3Y*: 15.09%
• 5Y*: 8.49%
• 10Y*: 12.77%

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

VEGN vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
VEGN US Vegan Climate ETF	32.90%	13.71%	25.42%	38.10%	-26.87%	26.01%	27.72%	9.10%
SCHD Schwab U.S. Dividend Equity ETF	19.01%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	6.81%

Correlation

The correlation between VEGN and SCHD is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Sep 11, 2019	0.64

Over the past year, the correlation between VEGN and SCHD has dropped to 0.26 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

VEGN vs. SCHD - Sectors Allocation Comparison

Sectors	VEGN	SCHD
Technology	56.2%	16.4%
Financial Services	15.8%	9.3%
Communication Services	10.7%	6.3%
Industrials	5.7%	7.5%
Healthcare	5.6%	18.8%
Real Estate	3.7%	-
Consumer Cyclical	2.1%	6.3%
Basic Materials	0.1%	1.2%
Utilities	0.1%	0.0%
Consumer Defensive	0.0%	19.2%
Energy	-	16.2%

Return for Risk

VEGN vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VEGN

VEGN Risk / Return Rank: 87
VEGN Sharpe Ratio Rank: 91
VEGN Sortino Ratio Rank: 90
VEGN Omega Ratio Rank: 87
VEGN Calmar Ratio Rank: 83
VEGN Martin Ratio Rank: 86

SCHD

SCHD Risk / Return Rank: 82
SCHD Sharpe Ratio Rank: 78
SCHD Sortino Ratio Rank: 87
SCHD Omega Ratio Rank: 76
SCHD Calmar Ratio Rank: 92
SCHD Martin Ratio Rank: 77

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.

VEGN vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for US Vegan Climate ETF (VEGN) and Schwab U.S. Dividend Equity ETF (SCHD). 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.

	VEGN	SCHD	Difference
Sharpe ratio Return per unit of total volatility	3.25	2.57	+0.68
Sortino ratio Return per unit of downside risk	4.22	3.98	+0.25
Omega ratio Gain probability vs. loss probability	1.55	1.46	+0.09
Calmar ratio Return relative to maximum drawdown	4.46	6.17	-1.71
Martin ratio Return relative to average drawdown	18.23	15.20	+3.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VEGN vs. SCHD - Sharpe Ratio Comparison

The current VEGN Sharpe Ratio is 3.25, which is comparable to the SCHD Sharpe Ratio of 2.57. The chart below compares the historical Sharpe Ratios of VEGN and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	VEGN	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	2.57	+0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.59	+0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	0.86	+0.01

Drawdowns

VEGN vs. SCHD - Drawdown Comparison

The maximum VEGN drawdown since its inception was -34.14%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VEGN and SCHD.

Drawdown Indicators

	VEGN	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-34.14%	-33.37%	-0.77%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-4.61%	-7.24%
Max Drawdown (3Y) Largest decline over 3 years	-20.91%	-16.13%	-4.78%
Max Drawdown (5Y) Largest decline over 5 years	-33.40%	-16.85%	-16.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	0.00%	-1.40%	+1.40%
Average Drawdown Average peak-to-trough decline	-7.59%	-3.32%	-4.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	1.87%	+1.03%

Volatility

VEGN vs. SCHD - Volatility Comparison

US Vegan Climate ETF (VEGN) has a higher volatility of 5.95% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.92%. This indicates that VEGN's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEGN	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.95%	2.92%	+3.03%
Volatility (6M) Calculated over the trailing 6-month period	13.38%	7.66%	+5.72%
Volatility (1Y) Calculated over the trailing 1-year period	16.24%	10.96%	+5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.27%	14.38%	+5.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.77%	16.72%	+6.05%

VEGN vs. SCHD - Expense Ratio Comparison

VEGN has a 0.60% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

VEGN vs. SCHD - Dividend Comparison

VEGN's dividend yield for the trailing twelve months is around 0.44%, less than SCHD's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHD Schwab U.S. Dividend Equity ETF	3.26%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
VEGN US Vegan Climate ETF	0.44%	0.51%	0.51%	0.67%	0.81%	0.41%	0.71%	0.29%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VEGN and SCHD in my portfolio?

VEGN and SCHD have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEGN or SCHD?

VEGN has higher volatility (5.95%) compared to SCHD (2.92%). In terms of maximum drawdown, VEGN dropped -34.14% vs SCHD's -33.37%.

Which ETF is better, VEGN or SCHD?

On 5-year performance, VEGN leads with 17.14% vs 8.49% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VEGN or SCHD?

Over the 5-year period, VEGN has performed better with a 17.14% return vs 8.49%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VEGN or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.60% for VEGN.

Which ETF pays a higher dividend yield, VEGN or SCHD?

SCHD has the higher dividend yield at 3.26%, compared with 0.44% for VEGN.

What is the main difference between VEGN and SCHD?

VEGN is categorized as Large Cap Growth Equities, while SCHD is Dividend. VEGN tracks US Vegan Climate Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Beyond Investing and Charles Schwab. Their fees differ too: 0.60% for VEGN and 0.06% for SCHD.

Which has better risk-adjusted returns?

VEGN currently has the higher Sharpe Ratio (3.25 vs 2.57), 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.