SCHD vs VONG
Schwab US Dividend Equity ETF vs Vanguard Russell 1000 Growth ETF
Quick Verdict
SCHD delivered stronger 1-year returns. VONG offers more diversification with 373 holdings.
Side-by-Side Comparison
| Metric | SCHD | VONG | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.06% | |
| AUM | $108.7B | $51.6B | |
| Dividend Yield | 3.13% | 0.48% | |
| Holdings | 104 | 373 | |
| YTD Return | +29.07% | +2.91% | |
| 1Y Return | +31.45% | +9.56% | |
| 3Y Return (annualized) | +17.18% | +21.87% | |
| 5Y Return (annualized) | +10.30% | +11.82% | |
| Volatility (annualized) | 13.7% | 15.9% | |
| Max Drawdown | -33.4% | -32.7% | |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Sep 20, 2010 |
SCHD vs VONG Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Vanguard Russell 1000 Growth ETF (VONG) is a ETF from Vanguard (US). Over the past year SCHD returned +31.45% while VONG returned +9.56%. Year to date, SCHD is up 29.07% versus a gain of 2.91% for VONG.
Over three years, SCHD compounded at +17.18% per year against +21.87% for VONG; over five years the annualized figures are +10.30% and +11.82% respectively. Across the full 15-year window we track, VONG has the edge at +15.54% annualized vs +11.64%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VONG has been the more volatile fund, with annualized monthly volatility of 15.9% 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 -32.7% for VONG. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while VONG charges 0.06%. On a $10,000 position that is $6 vs $6 annually. On income, SCHD currently yields 3.13% against 0.48% for VONG.
Holdings Overlap
SCHD and VONG share 15 holdings out of 456 unique holdings combined, representing a 3.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or VONG?
SCHD has an expense ratio of 0.06% while VONG charges 0.06%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SCHD or VONG?
Over the past year SCHD returned +31.45% vs +9.56% for VONG, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.64% vs +15.54% for VONG. Past performance does not guarantee future results.
Which is riskier, SCHD or VONG?
VONG has been the more volatile fund at 15.9% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs VONG -32.7%.
Should I hold both SCHD and VONG?
SCHD and VONG have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and VONG?
SCHD and VONG share 15 common holdings with a 3.1% weight overlap. Combined, they hold 456 unique securities.
Which pays a higher dividend, SCHD or VONG?
SCHD yields 3.13% while VONG yields 0.48%, so SCHD currently pays the higher dividend yield.
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