SCHD vs VGHY
SCHD vs VGHY
Schwab US Dividend Equity ETF vs Vanguard High-Yield Active ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. VGHY offers more diversification with 343 holdings.
Side-by-Side Comparison
| Metric | SCHD | VGHY | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.22% | |
| AUM | $103.7B | $293M | |
| Dividend Yield | 3.31% | 3.98% | |
| Holdings | 104 | 458 | |
| YTD Return | +24.26% | -1.17% | |
| 1Y Return | +31.38% | +0.58% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | - | |
| Max Drawdown | -33.4% | -3.1% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Aug 27, 2025 |
SCHD vs VGHY Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Vanguard High-Yield Active ETF (VGHY) is a ETF from Vanguard (US). Over the past year SCHD returned +31.38% while VGHY returned +0.58%. Year to date, SCHD is up 24.26% versus a loss of 1.17% for VGHY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -3.1% for VGHY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
SCHD charges 0.06% per year while VGHY charges 0.22%. On a $10,000 position that is $6 vs $22 annually, a gap of $16 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.98% for VGHY.
Holdings Overlap
SCHD and VGHY share 0 holdings out of 443 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or VGHY?
SCHD has an expense ratio of 0.06% while VGHY charges 0.22%. SCHD is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, SCHD or VGHY?
Over the past year SCHD returned +31.38% vs +0.58% for VGHY, so SCHD leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between SCHD and VGHY?
SCHD and VGHY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 443 unique securities.
Which pays a higher dividend, SCHD or VGHY?
SCHD yields 3.31% while VGHY yields 3.98%, so VGHY currently pays the higher dividend yield.
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