SCHV vs VYM
SCHV vs VYM
Schwab US Large-Cap Value ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
SCHV delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | SCHV | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 0.04% | 0.04% | |
| AUM | $15.8B | $79.0B | |
| Dividend Yield | 1.75% | 2.86% | |
| Holdings | 560 | 568 | |
| YTD Return | +17.80% | +15.57% | |
| 1Y Return | +27.74% | +25.99% | |
| 3Y Return (annualized) | +17.66% | +18.02% | |
| 5Y Return (annualized) | +11.14% | +12.71% | |
| Volatility (annualized) | 14.1% | 14.6% | |
| Max Drawdown | -37.1% | -58.8% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Dec 11, 2009 | Nov 10, 2006 |
SCHV vs VYM Performance
Schwab US Large-Cap Value ETF (SCHV) 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 SCHV returned +27.74% while VYM returned +25.99%. Year to date, SCHV is up 17.80% versus a gain of 15.57% for VYM.
Over three years, SCHV compounded at +17.66% per year against +18.02% for VYM; over five years the annualized figures are +11.14% and +12.71% respectively. Across the full 17-year window we track, SCHV has the edge at +9.71% annualized vs +7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 14.1% for SCHV. 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 -37.1% for SCHV 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHV charges 0.04% per year while VYM charges 0.04%. On a $10,000 position that is $4 vs $4 annually. On income, SCHV currently yields 1.75% against 2.86% for VYM.
Holdings Overlap
SCHV and VYM share 269 holdings out of 846 unique holdings combined, representing a 60.0% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SCHV | Weight in VYM | Difference |
|---|---|---|---|
| JPM | 3.00% | 3.36% | 0.36% |
| XOM | 2.06% | 2.83% | 0.77% |
| JNJ | 2.01% | 2.62% | 0.61% |
| WMT | Pro | Pro | Pro |
| ABBV | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| CAT | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
See all 10 holdings SCHV 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, SCHV or VYM?
SCHV 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, SCHV or VYM?
Over the past year SCHV returned +27.74% vs +25.99% for VYM, so SCHV leads on 1-year performance. Over the longest common window we track (17 years), SCHV annualized +9.71% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, SCHV or VYM?
VYM has been the more volatile fund at 14.6% annualized versus 14.1% for SCHV. Worst drawdown: SCHV -37.1% vs VYM -58.8%.
Should I hold both SCHV and VYM?
SCHV and VYM have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SCHV and VYM?
SCHV and VYM share 269 common holdings with a 60.0% weight overlap. Combined, they hold 846 unique securities.
Which pays a higher dividend, SCHV or VYM?
SCHV yields 1.75% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.