SCHG vs VYM
Schwab US Large-Cap Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, SCHG or VYM?
Large Cap Growth against Large Cap Value.
SCHG led over 3Y, 5Y and the full window, VYM over 1Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 52.2%.
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 | SCHG | VYM |
|---|---|---|
| Expense Ratio | 0.04%Tie | 0.04%Tie |
| AUM | $63.8B | $83.1B |
| Dividend Yield | 0.37% | 2.22% |
| Holdings | 196 | 608 |
| YTD Return | +13.42%Best | +11.61% |
| 1Y Return | +13.53% | +15.90%Best |
| 3Y Return (annualized) | +25.65%Best | +18.72% |
| 5Y Return (annualized) | +15.07%Best | +11.76% |
| Volatility (annualized) | 16.6% | 13.2%Best |
| Max Drawdown | -34.6%Best | -35.7% |
| $10,000 over 5 years | $20,175Best | $17,435 |
| Top 10 Weight | 52.2% | 26.1%Best |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 11, 2009 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 11, 2009 to Oct 9, 2026 (16.8 years).
SCHG vs VYM 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 16.8 years both funds cover.
SCHG vs VYM Performance
Schwab US Large-Cap Growth ETF (SCHG) is an ETF from Charles Schwab Asset Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year SCHG returned +13.53% while VYM returned +15.90%. Year to date, SCHG is up 13.42% versus a gain of 11.61% for VYM.
Over three years, SCHG compounded at +25.65% per year against +18.72% for VYM; over five years the annualized figures are +15.07% and +11.76% respectively. Across the full 17-year window we track, SCHG has the edge at +15.86% annualized vs +9.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHG has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 13.2% 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. 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 0.37% against 2.22% for VYM.
Holdings Overlap
9.9% of SCHG's money is in holdings VYM also owns. 14.0% of VYM's money is in holdings SCHG also owns.
VYM and SCHG share little of their money.
22 positions in common, counted across the 193 positions we hold weights for in SCHG and 557 in VYM, against full books of 196 and 608.
What only one of them owns
Our book lists 506 positions for VYM that do not appear in our book for SCHG (83.1% of the fund), and 166 for SCHG that do not appear in VYM (89.6%).
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 SCHG | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 3.47% | 7.35% | 3.88% |
| UNHUnitedhealth Group, Inc. | 1.35% | 1.52% | 0.17% |
| LINLinde Plc Ordinary Shares | 0.84% | 0.90% | 0.06% |
| DISWalt Disney Co | 0.72% | 0.69% | 0.03% |
| BLKBlackrock Inc | 0.61% | 0.68% | 0.07% |
| PGRProgressive Corporation | 0.50% | 0.50% | 0.00% |
| PSXPhillips 66 | 0.41% | 0.34% | 0.07% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.33% | 0.34% | 0.01% |
| TELTe Connectivity Plc Common Stock Usd | 0.24% | 0.24% | 0.00% |
| TRGPTarga Resources Corp Preferred | 0.24% | 0.23% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of SCHG and VYM 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, SCHG or VYM?
SCHG has an expense ratio of 0.04% while VYM charges 0.04%. At the precision these are quoted to, they cost the same.
Which performed better, SCHG or VYM?
Over the past year SCHG returned +13.53% vs +15.90% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (17 years), SCHG annualized +15.86% vs +9.88% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHG or VYM?
SCHG has been the more volatile fund at 16.6% annualized versus 13.2% for VYM. Worst drawdown: SCHG -34.6% vs VYM -35.7%.
Should I hold both SCHG and VYM?
SCHG and VYM have a monthly-return correlation of 0.75, 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 SCHG and VYM?
14.0% of VYM's money is in holdings SCHG also owns. 14.0% of VYM's is in holdings SCHG also owns. They hold 22 positions in common, counted across the 193 positions we hold weights for in SCHG and 557 in VYM.
Which pays a higher dividend, SCHG or VYM?
SCHG yields 0.37% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than SCHG?
SCHG led over 3Y, 5Y and the full window, VYM over 1Y. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 52.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.