SCHD vs VIOG
Schwab US Dividend Equity ETF vs Vanguard S&P Small Cap 600 Growth ETF
Which is better, SCHD or VIOG?
Large Cap Value against Small Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and 5Y, VIOG over the full window. VIOG is less concentrated, with 9.9% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SCHD | VIOG |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.10% |
| AUM | $112.1B | $1.1B |
| Dividend Yield | 3.00% | 0.76% |
| Holdings | 103 | 353 |
| YTD Return | +21.99%Best | +14.69% |
| 1Y Return | +25.92%Best | +14.98% |
| 3Y Return (annualized) | +15.66%Best | +15.14% |
| 5Y Return (annualized) | +9.48%Best | +5.13% |
| Volatility (annualized) | 13.7%Best | 18.1% |
| Max Drawdown | -33.4%Best | -42.8% |
| $10,000 over 5 years | $15,728Best | $12,842 |
| Top 10 Weight | 41.8% | 9.9%Best |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Growth |
| Inception | Oct 20, 2011 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 23, 2026 (14.9 years).
SCHD vs VIOG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 14.9 years both funds cover.
SCHD vs VIOG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Vanguard S&P Small Cap 600 Growth ETF (VIOG) is an ETF from Vanguard (US). Over the past year SCHD returned +25.92% while VIOG returned +14.98%. Year to date, SCHD is up 21.99% versus a gain of 14.69% for VIOG.
Over three years, SCHD compounded at +15.66% per year against +15.14% for VIOG; over five years the annualized figures are +9.48% and +5.13% respectively. Across the full 15-year window we track, VIOG has the edge at +11.39% annualized vs +11.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VIOG has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.7% for SCHD. 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 -33.4% for SCHD and -42.8% for VIOG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VIOG charges 0.10%. On a $10,000 position that is $6 vs $10 annually, a gap of $4 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.76% for VIOG.
Holdings Overlap
0.6% of SCHD's money is in holdings VIOG also owns. 1.8% of VIOG's money is in holdings SCHD also owns.
VIOG and SCHD share little of their money.
11 positions in common, counted across the 100 positions we hold weights for in SCHD and 350 in VIOG, against full books of 103 and 353.
What only one of them owns
Our book lists 332 positions for VIOG that do not appear in our book for SCHD (95.3% of the fund), and 89 for SCHD that do not appear in VIOG (99.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in VIOG | Difference |
|---|---|---|---|
| CWENClearway Energy, Inc., Class C | 0.09% | 0.44% | 0.35% |
| MCMoelis & Co_None_0 | 0.12% | 0.33% | 0.21% |
| APAMArtisan Partners Asset Management, Inc. | 0.07% | 0.19% | 0.12% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.05% | 0.16% | 0.11% |
| IPARInter Parfums Inc | 0.05% | 0.14% | 0.09% |
| CNSCohen & Steers Inc | 0.05% | 0.12% | 0.07% |
| OFG:PROfg Bancorp Common Stock | 0.05% | 0.11% | 0.06% |
| PFBCPreferred Bank La | 0.03% | 0.13% | 0.10% |
| LKFNLakeland Financial Corp. | 0.04% | 0.08% | 0.04% |
| BKEBuckle Inc/the | 0.03% | 0.09% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of SCHD and VIOG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or VIOG?
SCHD has an expense ratio of 0.06% while VIOG charges 0.10%. SCHD is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, SCHD or VIOG?
Over the past year SCHD returned +25.92% vs +14.98% for VIOG, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.15% vs +11.39% for VIOG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VIOG?
VIOG has been the more volatile fund at 18.1% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs VIOG -42.8%.
Should I hold both SCHD and VIOG?
SCHD and VIOG have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and VIOG?
1.8% of VIOG's money is in holdings SCHD also owns. 1.8% of VIOG's is in holdings SCHD also owns. They hold 11 positions in common, counted across the 100 positions we hold weights for in SCHD and 350 in VIOG.
Which pays a higher dividend, SCHD or VIOG?
SCHD yields 3.00% while VIOG yields 0.76%, so SCHD currently pays the higher dividend yield.
Is VIOG better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and 5Y, VIOG over the full window. VIOG is less concentrated, with 9.9% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.