Schwab U.S. Dividend Equity ETF vs Vanguard High Dividend Yield Index Fund

Full side-by-side comparison — 2026

Data as of May 22, 2026 · Updated automatically

3
SCHD Wins
0
Tie
1
VYM Wins

SCHD

Price USD 32.83
P/E Ratio 19.5x
Div Yield 0.0397%
Beta 0.61
Sector Financial Services

VYM

Price USD 158.79
P/E Ratio 21.4x
Div Yield 0.0285%
Beta 0.73
Sector N/A

Price Overview

Metric SCHD VYM
Current Price 32.83 158.79
Previous Close 32.83 158.70

Valuation

Metric SCHD VYM
Trailing P/E 19.48 21.42
Forward P/E N/A N/A
Price / Book N/A N/A
Price / Sales N/A N/A
EV / EBITDA N/A N/A

Dividends & Income

Metric SCHD VYM
Dividend Yield 0.0397% 0.0285%
Dividend Rate (Annual) 1.04 3.69
5-Year Avg Yield N/A N/A
Payout Ratio N/A N/A

Risk & Financial Health

Metric SCHD VYM
Beta (Volatility) 0.61 0.73
Debt / Equity N/A N/A
Quick Ratio N/A N/A
Current Ratio N/A N/A

Growth & Profitability

Metric SCHD VYM
Revenue Growth N/A N/A
Earnings Growth N/A N/A
Return on Equity N/A N/A
Revenue / Share N/A N/A
Trailing EPS N/A N/A
Forward EPS N/A N/A

Analyst Targets

Metric SCHD VYM
Analyst Mean Target N/A N/A
Analyst High Target N/A N/A
Analyst Low Target N/A N/A

Bottom Line: SCHD vs VYM

Schwab U.S. Dividend Equity ETF (SCHD) leads on 3 of 4 comparable metrics.

Vanguard High Dividend Yield Index Fund has a higher Dividend Rate (Annual) (3.69 vs 1.04), which means a larger absolute dividend payment per share
Schwab U.S. Dividend Equity ETF has a higher Dividend Yield (3.97% vs 2.85%), which tends to appeal to income-focused investors
Schwab U.S. Dividend Equity ETF has a lower Beta (Volatility) (0.61 vs 0.73), which typically indicates less price volatility

This comparison is based on publicly available financial data and is for informational purposes only. It is not investment advice. Past performance does not guarantee future results.

About These Companies

Schwab U.S. Dividend Equity ETF (SCHD)

Financial Services · United States · PCX

To pursue its goal, the fund generally invests in stocks that are included in the index. The index is designed to measure the performance of high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends, selected for fundamental strength relative to their peers, based on financial ratios. The fund will invest at least 90% of its net assets in these stocks.

View SCHD details →

Vanguard High Dividend Yield Index Fund (VYM)

The fund employs an indexing investment approach designed to track the performance of the the Target Index, which consists of common stocks of companies that pay dividends that generally are higher than average (excluding real estate investment trusts (“REITs”)). Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index.

View VYM details →

Frequently Asked Questions

Which has a better dividend yield, SCHD or VYM?
Schwab U.S. Dividend Equity ETF currently has the higher dividend yield. Schwab U.S. Dividend Equity ETF (SCHD) yields 3.97% while Vanguard High Dividend Yield Index Fund (VYM) yields 2.85%. Past dividends do not guarantee future payments.
Which is more volatile, SCHD or VYM?
Vanguard High Dividend Yield Index Fund is more volatile based on beta. Schwab U.S. Dividend Equity ETF has a beta of 0.61 and Vanguard High Dividend Yield Index Fund has a beta of 0.73. A beta above 1.0 means higher volatility than the overall market.
Which is cheaper by P/E ratio, SCHD or VYM?
Schwab U.S. Dividend Equity ETF has the lower trailing P/E ratio. Schwab U.S. Dividend Equity ETF trades at 19.5x earnings while Vanguard High Dividend Yield Index Fund trades at 21.4x. A lower P/E may suggest better relative value, but could also reflect lower growth expectations.
Can I track both SCHD and VYM in one portfolio?
Yes. AllInvestView lets you add both Schwab U.S. Dividend Equity ETF and Vanguard High Dividend Yield Index Fund to the same portfolio and monitor price changes, dividends, total return, and allocation — completely free.

Track SCHD and VYM in Your Portfolio

Add both to AllInvestView and compare their real-time performance, dividends, and gain/loss side by side.

Start Free Portfolio

Related Comparisons

Stock Pages