SCHK vs VYM
Schwab 1000 Index ETF vs Vanguard High Dividend Yield ETF
Which is better, SCHK or VYM?
Large Cap Blend against Large Cap Value.
SCHK has a lower expense ratio. SCHK led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.1%.
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 | SCHK | VYM |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.04% |
| AUM | $5.8B | $81.6B |
| Dividend Yield | 1.01% | 2.22% |
| Holdings | 986 | 613 |
| YTD Return | +14.06%Best | +11.47% |
| 1Y Return | +16.86%Best | +15.94% |
| 3Y Return (annualized) | +23.00%Best | +18.03% |
| 5Y Return (annualized) | +13.03%Best | +12.35% |
| Volatility (annualized) | 16.6% | 15.0%Best |
| Max Drawdown | -34.8%Best | -35.7% |
| $10,000 over 5 years | $18,449Best | $17,901 |
| Top 10 Weight | 35.1% | 26.1%Best |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Oct 11, 2017 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Oct 11, 2017 to Sep 21, 2026 (8.9 years).
SCHK 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 8.9 years both funds cover.
SCHK vs VYM Performance
Schwab 1000 Index ETF (SCHK) 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 SCHK returned +16.86% while VYM returned +15.94%. Year to date, SCHK is up 14.06% versus a gain of 11.47% for VYM.
Over three years, SCHK compounded at +23.00% per year against +18.03% for VYM; over five years the annualized figures are +13.03% and +12.35% respectively. Across the full 9-year window we track, SCHK has the edge at +13.89% annualized vs +9.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 15.0% 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 -34.8% for SCHK 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHK charges 0.03% per year while VYM charges 0.04%. On a $10,000 position that is $3 vs $4 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHK currently yields 1.01% against 2.22% for VYM.
Holdings Overlap
33.4% of SCHK's money is in holdings VYM also owns. 94.8% of VYM's money is in holdings SCHK also owns.
Most of VYM is already inside SCHK. Owning both mostly buys the same companies twice.
380 positions in common, counted across the 980 positions we hold weights for in SCHK and 557 in VYM, against full books of 986 and 613.
What only one of them owns
Our book lists 150 positions for VYM that do not appear in our book for SCHK (2.7% of the fund), and 547 for SCHK that do not appear in VYM (66.0%).
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 SCHK | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 2.46% | 7.35% | 4.89% |
| JPMJpmorgan Chase | 1.34% | 3.82% | 2.48% |
| XOMExxon Mobil Corp. | 0.94% | 2.63% | 1.69% |
| JNJJohnson & Johnson - Common | 0.90% | 2.51% | 1.61% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.61% | 1.86% | 1.25% |
| ABBVAbbvie Inc. | 0.64% | 1.80% | 1.16% |
| BACBank of America Corp.: Financials | 0.57% | 1.66% | 1.09% |
| CVXChevron Corp | 0.54% | 1.48% | 0.94% |
| UNHUnitedhealth Group Incorporated | 0.50% | 1.52% | 1.02% |
| CATCaterpillar, Inc. | 0.52% | 1.50% | 0.98% |
94.8% of VYM is already inside SCHK.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHK or VYM?
SCHK has an expense ratio of 0.03% while VYM charges 0.04%. SCHK is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHK or VYM?
Over the past year SCHK returned +16.86% vs +15.94% for VYM, so SCHK leads on 1-year performance. Over the longest common window we track (9 years), SCHK annualized +13.89% vs +9.59% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHK or VYM?
SCHK has been the more volatile fund at 16.6% annualized versus 15.0% for VYM. Worst drawdown: SCHK -34.8% vs VYM -35.7%.
Should I hold both SCHK and VYM?
SCHK and VYM have a monthly-return correlation of 0.88, 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 SCHK and VYM?
94.8% of VYM's money is in holdings SCHK also owns. 94.8% of VYM's is in holdings SCHK also owns. They hold 380 positions in common, counted across the 980 positions we hold weights for in SCHK and 557 in VYM.
Which pays a higher dividend, SCHK or VYM?
SCHK yields 1.01% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than SCHK?
SCHK has a lower expense ratio. SCHK led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 35.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.