VYMI vs. SCHY

Last updated Aug 2, 2026

VYMI (Vanguard International High Dividend Yield ETF) and SCHY (Schwab International Dividend Equity ETF) are both Dividend funds - VYMI tracks the FTSE All-World ex US High Dividend Yield Index while SCHY tracks the Dow Jones International Dividend 100 Index (Net). Both are passively managed. Over the past 5 years, VYMI returned 14.02%/yr vs 9.14%/yr for SCHY. Their correlation of 0.91 means they have usually moved in the same direction. VYMI charges 0.07%/yr vs 0.08%/yr for SCHY.

Performance

VYMI vs. SCHY - Performance Comparison

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

Returns By Period

In the year-to-date period, VYMI achieves a 17.41% return, which is significantly higher than SCHY's 13.81% return.

VYMI

• 1D: -0.51%
• 1M: 4.32%
• 6M: 11.07%
• YTD: 17.41%
• 1Y: 34.68%
• 3Y*: 21.98%
• 5Y*: 14.02%
• 10Y*: 11.09%
• ALL TIME*: 11.35%

SCHY

• 1D: -0.48%
• 1M: 4.02%
• 6M: 7.91%
• YTD: 13.81%
• 1Y: 28.39%
• 3Y*: 15.88%
• 5Y*: 9.14%
• 10Y*: —
• ALL TIME*: 9.40%

*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	$27.81M	$25.09M	$19.24M
VYMI Vanguard International High Dividend Yield ETF	$78.22M	$82.35M	$92.64M

VYMI vs. SCHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
VYMI Vanguard International High Dividend Yield ETF	17.41%	38.05%	7.06%	17.07%	-7.02%	2.83%
SCHY Schwab International Dividend Equity ETF	13.81%	33.98%	-1.79%	14.27%	-9.43%	3.42%

Correlation

The correlation between VYMI and SCHY is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (All Time) Calculated using the full available price history since Apr 29, 2021	0.91

The correlation between VYMI and SCHY has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.

VYMI vs. SCHY - Sectors Allocation Comparison

Sectors	VYMI	SCHY
Financial Services	42.4%	13.2%
Energy	7.9%	7.2%
Consumer Defensive	6.7%	17.6%
Healthcare	6.5%	8.6%
Basic Materials	6.5%	5.4%
Industrials	6.1%	8.8%
Consumer Cyclical	6.0%	7.6%
Technology	5.3%	9.0%
Utilities	5.2%	5.7%
Communication Services	3.5%	11.6%
Real Estate	1.1%	0.6%

Return for Risk

VYMI vs. SCHY — Risk / Return Rank

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

VYMI

VYMI Risk / Return Rank: 91
VYMI Sharpe Ratio Rank: 94
VYMI Sortino Ratio Rank: 93
VYMI Omega Ratio Rank: 93
VYMI Calmar Ratio Rank: 87
VYMI Martin Ratio Rank: 89

SCHY

SCHY Risk / Return Rank: 86
SCHY Sharpe Ratio Rank: 92
SCHY Sortino Ratio Rank: 91
SCHY Omega Ratio Rank: 91
SCHY Calmar Ratio Rank: 84
SCHY Martin Ratio Rank: 73

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.

VYMI vs. SCHY - Risk-Adjusted Trends Comparison

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

	VYMI	SCHY	Difference
Sharpe ratio: Return per unit of total volatility	2.63	2.39	+0.24
Sortino ratio: Return per unit of downside risk	3.59	3.27	+0.32
Omega ratio: Gain probability vs. loss probability	1.48	1.43	+0.04
Calmar ratio: Return relative to maximum drawdown	3.43	3.15	+0.28
Martin ratio: Return relative to average drawdown	13.55	8.98	+4.57

VYMI vs. SCHY - Sharpe Ratio Comparison

The current VYMI Sharpe Ratio is 2.63, which is comparable to the SCHY Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of VYMI and SCHY, 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

VYMI vs. SCHY - Drawdown Comparison

The maximum VYMI drawdown since its inception was -40.00%, which is greater than SCHY's maximum drawdown of -24.04%. Use the drawdown chart below to compare losses from any high point for VYMI and SCHY.

Drawdown Indicators

	VYMI	SCHY	Difference
Max Drawdown Largest peak-to-trough decline	-40.00%	-24.04%	-15.96%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-9.11%	-1.03%
Max Drawdown (3Y) Largest decline over 3 years	-12.84%	-12.16%	-0.68%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	-24.04%	-0.01%
Max Drawdown (10Y) Largest decline over 10 years	-40.00%	—	—
Current Drawdown Current decline from peak	-0.51%	-0.48%	-0.03%
Average Drawdown Average peak-to-trough decline	-6.23%	-4.93%	-1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	3.19%	-0.63%

Volatility

VYMI vs. SCHY - Volatility Comparison

Vanguard International High Dividend Yield ETF (VYMI) has a higher volatility of 3.62% compared to Schwab International Dividend Equity ETF (SCHY) at 3.10%. This indicates that VYMI's price experiences larger fluctuations and is considered to be riskier than SCHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VYMI	SCHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	3.10%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	11.39%	10.07%	+1.32%
Volatility (1Y) Calculated over the trailing 1-year period	13.24%	12.03%	+1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.85%	13.27%	+1.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.55%	13.18%	+3.37%

VYMI vs. SCHY - Expense Ratio Comparison

VYMI has a 0.07% expense ratio, which is lower than SCHY's 0.08% 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

VYMI vs. SCHY - Dividend Comparison

VYMI's dividend yield for the trailing twelve months is around 3.48%, more than SCHY's 3.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
SCHY Schwab International Dividend Equity ETF	3.32%	3.55%	4.64%	3.97%	3.67%	1.73%	0.00%	0.00%	0.00%	0.00%	0.00%
VYMI Vanguard International High Dividend Yield ETF	3.48%	3.68%	4.84%	4.58%	4.70%	4.30%	3.22%	4.20%	4.29%	3.21%	2.39%

Frequently Asked Questions

Can I hold both VYMI and SCHY in my portfolio?

VYMI and SCHY have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VYMI or SCHY?

VYMI has higher volatility (3.62%) compared to SCHY (3.10%). In terms of maximum drawdown, VYMI dropped -40.00% vs SCHY's -24.04%.

Which ETF is better, VYMI or SCHY?

On 5-year performance, VYMI leads with 14.02% vs 9.14% for SCHY. On fees, VYMI is cheaper at 0.07% per year. On volatility, SCHY has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VYMI or SCHY?

Over the 5-year period, VYMI has performed better with a 14.02% return vs 9.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VYMI or SCHY?

VYMI is cheaper with a 0.07% expense ratio, compared with 0.08% for SCHY.

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

VYMI has the higher dividend yield at 3.48%, compared with 3.32% for SCHY.

What is the main difference between VYMI and SCHY?

VYMI tracks FTSE All-World ex US High Dividend Yield Index, while SCHY tracks Dow Jones International Dividend 100 Index (Net). They also come from different issuers: Vanguard and Charles Schwab. Their fees differ too: 0.07% for VYMI and 0.08% for SCHY.

Which has better risk-adjusted returns?

VYMI currently has the higher Sharpe Ratio (2.63 vs 2.39), 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.