SCHG vs VYM
SCHG vs VYM
Schwab US Large-Cap Growth ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | SCHG | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.04% | |
| AUM | $58.8B | $79.0B | |
| Dividend Yield | 0.39% | 2.86% | |
| Holdings | 196 | 568 | |
| YTD Return | +7.50% | +13.82% | |
| 1Y Return | +16.26% | +24.08% | |
| 3Y Return (annualized) | +23.38% | +17.72% | |
| 5Y Return (annualized) | +13.52% | +12.13% | |
| Volatility (annualized) | 16.7% | 14.6% | |
| Max Drawdown | -34.6% | -58.8% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 11, 2009 | Nov 10, 2006 |
SCHG vs VYM Performance
Schwab US Large-Cap Growth ETF (SCHG) is a ETF from Charles Schwab Asset Management and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year SCHG returned +16.26% while VYM returned +24.08%. Year to date, SCHG is up 7.50% versus a gain of 13.82% for VYM.
Over three years, SCHG compounded at +23.38% per year against +17.72% for VYM; over five years the annualized figures are +13.52% and +12.13% respectively. Across the full 17-year window we track, SCHG has the edge at +15.68% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHG has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 14.6% for VYM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.6% for SCHG and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHG charges 0.04% per year while VYM charges 0.04%. On a $10,000 position that is $4 vs $4 annually. On income, SCHG currently yields 0.39% against 2.86% for VYM.
Holdings Overlap
SCHG and VYM share 11 holdings out of 741 unique holdings combined, representing a 7.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHG | Weight in VYM | Difference |
|---|---|---|---|
| AVGO | 3.85% | 6.47% | 2.62% |
| UNH | 1.57% | 1.17% | 0.40% |
| BLK | 0.63% | 0.71% | 0.08% |
| PGR | Pro | Pro | Pro |
| PSX | Pro | Pro | Pro |
| TEL | Pro | Pro | Pro |
| BKR | Pro | Pro | Pro |
| TRGP | Pro | Pro | Pro |
| APO | Pro | Pro | Pro |
| FTAI | Pro | Pro | Pro |
See all 10 holdings SCHG shares with VYM Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHG or VYM?
SCHG has an expense ratio of 0.04% while VYM charges 0.04%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SCHG or VYM?
Over the past year SCHG returned +16.26% vs +24.08% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (17 years), SCHG annualized +15.68% vs +6.98% for VYM. Past performance does not guarantee future results.
Which is riskier, SCHG or VYM?
SCHG has been the more volatile fund at 16.7% annualized versus 14.6% for VYM. Worst drawdown: SCHG -34.6% vs VYM -58.8%.
Should I hold both SCHG and VYM?
SCHG and VYM have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHG and VYM?
SCHG and VYM share 11 common holdings with a 7.5% weight overlap. Combined, they hold 741 unique securities.
Which pays a higher dividend, SCHG or VYM?
SCHG yields 0.39% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
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