SCHD vs VOOG
Schwab US Dividend Equity ETF vs Vanguard S&P 500 Growth ETF
Which is better, SCHD or VOOG?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, VOOG over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.3%.
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 | VOOG |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.07% |
| AUM | $112.1B | $26.1B |
| Dividend Yield | 3.00% | 0.45% |
| Holdings | 103 | 156 |
| YTD Return | +24.23%Best | +13.39% |
| 1Y Return | +27.90%Best | +17.52% |
| 3Y Return (annualized) | +15.55% | +26.08%Best |
| 5Y Return (annualized) | +9.97% | +13.41%Best |
| Volatility (annualized) | 13.6%Best | 15.5% |
| Max Drawdown | -33.4% | -32.7%Best |
| $10,000 over 5 years | $16,083 | $18,761Best |
| Top 10 Weight | 41.8%Best | 59.3% |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large 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 17, 2026 (14.9 years).
SCHD vs VOOG 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 VOOG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Vanguard S&P 500 Growth ETF (VOOG) is an ETF from Vanguard (US). Over the past year SCHD returned +27.90% while VOOG returned +17.52%. Year to date, SCHD is up 24.23% versus a gain of 13.39% for VOOG.
Over three years, SCHD compounded at +15.55% per year against +26.08% for VOOG; over five years the annualized figures are +9.97% and +13.41% respectively. Across the full 15-year window we track, VOOG has the edge at +15.83% annualized vs +11.30%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOOG has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.6% 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 VOOG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VOOG charges 0.07%. On a $10,000 position that is $6 vs $7 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.45% for VOOG.
Holdings Overlap
9.5% of SCHD's money is in holdings VOOG also owns. 0.9% of VOOG's money is in holdings SCHD also owns.
SCHD and VOOG share little of their money.
3 positions in common, counted across the 100 positions we hold weights for in SCHD and 148 in VOOG, against full books of 103 and 156.
What only one of them owns
Our book lists 143 positions for VOOG that do not appear in our book for SCHD (98.9% of the fund), and 96 for SCHD that do not appear in VOOG (90.4%).
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.
You are not choosing between two funds in isolation.
Whichever of SCHD and VOOG 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 VOOG?
SCHD has an expense ratio of 0.06% while VOOG charges 0.07%. SCHD is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHD or VOOG?
Over the past year SCHD returned +27.90% vs +17.52% for VOOG, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.30% vs +15.83% for VOOG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VOOG?
VOOG has been the more volatile fund at 15.5% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs VOOG -32.7%.
Should I hold both SCHD and VOOG?
SCHD and VOOG have a monthly-return correlation of 0.70, 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 VOOG?
9.5% of SCHD's money is in holdings VOOG also owns. 0.9% of VOOG's is in holdings SCHD also owns. They hold 3 positions in common, counted across the 100 positions we hold weights for in SCHD and 148 in VOOG.
Which pays a higher dividend, SCHD or VOOG?
SCHD yields 3.00% while VOOG yields 0.45%, so SCHD currently pays the higher dividend yield.
Is VOOG better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, VOOG over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.