SCHD vs VYM

Name: SCHD vs VYM: holdings overlap, returns and correlation
Creator: TickerInside
License: https://creativecommons.org/licenses/by/4.0/

SCHD and VYM overlap by 21.4% of their weight, in the 80 companies both hold, by SCHD's SEC Form N-PORT for the period ended 2026-05-31 and VYM's SEC Form N-PORT for the period ended 2026-07-31.

Schwab US Dividend Equity ETF against Vanguard High Dividend Yield ETF.

Edited by VoidLab Data through 2026-10-16 Last revised 2026-10-15

View as Markdown What changed

Overlap

21.4%

80 companies in both

some of the same names

Correlation

0.87

weekly returns, 3 years

usually in step

Cheaper

VYM

0.04% against 0.06%

Higher, 3 years

VYM

71.5% against 64.7%

Fell less

VYM

-12.1% against -12.8%

The short answer

SCHD is nearly a subset of VYM: 99.3% of its weight sits in 80 companies VYM also holds. VYM then adds 524 more, Broadcom, JPMorgan Chase and ExxonMobil the largest of them.

The two funds

SCHD

Schwab US Dividend Equity ETF

Last close, 2026-10-15: $34.10 +1.16%
Cost per year: 0.06%
Return, 1 year: 31.8%higher
Return, 3 years: 64.7%
Worst fall, 3 years: -12.8%
Volatility: 12.9%
Positions: 99
Top 10 weight: 43.6%

VYM

Vanguard High Dividend Yield ETF

Last close, 2026-10-15: $159.97 +0.57%
Cost per year: 0.04%cheaper
Return, 1 year: 17.0%
Return, 3 years: 71.5%higher
Worst fall, 3 years: -12.1%shallower
Volatility: 12.2%calmer
Positions: 604
Top 10 weight: 26.1%

SCHD and VYM, prices through 2026-10-16. How the badges are decided.

Holdings overlap

21.4%

80 companies sit in both funds. That is 99.3% of SCHD's own weight and 21.5% of VYM's.

Side by side

Cost per yearlower is better

SCHD0.06%

VYM0.04%

Return, 1 yearhigher is better

SCHD31.8%

VYM17%

Return, 3 yearshigher is better

SCHD64.7%

VYM71.5%

Worst fall, 3 yearsshallower is better

SCHD-12.8%

VYM-12.1%

Volatilitycalmer is better

SCHD12.9%

VYM12.2%

Top 10 weight

SCHD43.6%

VYM26.1%

SCHD against VYM, each pair of bars on a shared scale, prices through 2026-10-16.

SCHD weight also held by VYM99.3%

VYM weight also held by SCHD21.5%

SCHD from its SEC Form N-PORT for the period ended 31 May 2026, VYM from its SEC Form N-PORT for the period ended 31 Jul 2026

Each bar is one whole fund, cut at the share it holds in common with the other. 21.4% of their weight is held in common, in the 80 companies both own.

What the numbers say

A hundred inside six hundred

SCHD's 99 positions almost all reappear in VYM's 604: 99.3% of SCHD's weight is in the 80 companies both hold. The reverse figure is 21.5%, because VYM's yield screen admits 524 companies that SCHD's stricter ranking does not, and the overlap by weight comes to 21.4%.

The largest position in VYM is not in SCHD

Broadcom is VYM's biggest holding and absent from SCHD, as are JPMorgan Chase, ExxonMobil, Johnson & Johnson and Cisco. What both hold, they hold at different sizes: Qualcomm, Texas Instruments, UnitedHealth Group, Coca-Cola and Merck are each at least twice as heavy in SCHD, which puts 43.6% of its weight in ten companies against 26.1% for VYM.

A different path

The return figures diverge by window: SCHD led over the past year at 31.8% against 17.0%, VYM led over three years at 71.5% against 64.7% and over five at 70.0% against 56.8%. Volatility was 12.9% against 12.2%, the worst falls -12.8% and -12.1%.

Correlation that dropped in the last year

Over five years their weekly returns correlated at 0.93; over the past year at 0.71, a low figure for two US dividend funds whose smaller member is almost wholly inside the larger. SCHD's beta of 0.51 against 0.68 for VYM says the same thing: SCHD's hundred moved less with the market. Held together, VYM's 524 extra companies add Broadcom and spread SCHD's hundred across a far longer list.

Where they hold the same companies

Measure	Value
Overlap by weight	21.4%
Share of SCHD held in common with VYM	99.3%
Share of VYM held in common with SCHD	21.5%
Companies in both	80
Positions in SCHD / VYM	99 / 604

SCHD holdings from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-24; VYM holdings from its SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-28.

Largest positions held by both

Rank	Company	In SCHD	In VYM	Overlap
1	UNH UnitedHealth Group	5.09%	1.52%	1.52%
2	CVX Chevron	3.83%	1.48%	1.48%
3	KO Coca-Cola	3.96%	1.38%	1.38%
4	PG Procter & Gamble	3.55%	1.37%	1.37%
5	HD Home Depot	3.36%	1.34%	1.34%
6	MRK Merck	3.86%	1.31%	1.31%
7	TXN Texas Instruments	5.9%	1.02%	1.02%
8	VZ Verizon	3.65%	0.8%	0.8%
9	AMGN Amgen	3.47%	0.78%	0.78%
10	PEP PepsiCo	3.44%	0.77%	0.77%
11	ABT Abbott Laboratories	2.96%	0.74%	0.74%
12	QCOM Qualcomm	6.74%	0.63%	0.63%
13	COP ConocoPhillips	3.51%	0.6%	0.6%
14	BMY Bristol Myers Squibb	2.93%	0.54%	0.54%
15	LMT Lockheed Martin	2.7%	0.48%	0.48%

Held by only one of them

In SCHD only	Weight	In VYM only	Weight
ERIE Erie Indemnity	0.14%	AVGO Broadcom	7.35%
FHI Federated Hermes	0.1%	JPM JPMorgan Chase	3.82%
OFG OFG Bancorp	0.05%	XOM ExxonMobil	2.63%
NBHC National Bank	0.05%	JNJ Johnson & Johnson	2.51%
AGM Federal Agricultural Mortgage	0.04%	CSCO Cisco	1.86%
GABC German American Bancorp	0.04%	ABBV AbbVie	1.8%
LKFN Lakeland Financial	0.04%	BAC Bank of America	1.66%
PFBC Preferred Bank/Los Angeles CA	0.03%	CAT Caterpillar	1.5%
VRTS Virtus Investment Partners	0.02%	PM Philip Morris International	1.21%
CPF Central Pacific Financial Corp New	0.02%	RTX RTX	1.18%

Covariance and correlation

Covariance, annualised (%²)

	SCHD	VYM
SCHD	166	136.5
VYM	136.5	149

Percent squared per year, three years of weekly returns

Correlation, 3 years

	SCHD	VYM
SCHD	1.00	0.87usually in step
VYM	0.87usually in step	1.00

Weekly total returns, what the bands mean

Check it: 136.5 divided by (12.9 × 12.2) is 0.87, the correlation in the second matrix.

One year, side by side

SCHD 131 VYM 116

2025-10-242026-10-16

Both rebased to 100 a year ago, weekly closes.

Cost, returns and risk

Measure	SCHD	VYM
Expense ratio	0.06%	0.04%
Dividend yield	n/a	n/a
Total return, 1 year	31.8%	17.0%
Total return, 3 years cumulative	64.7%	71.5%
Total return, 5 years cumulative	56.8%	70.0%
Volatility, annualised on 3 years of weekly returns	12.9%	12.2%
Worst fall in 3 years, peak to trough, weekly closes	-12.8%	-12.1%
Beta against the S&P 500	0.51	0.68
Positions held	99	604
Weight in the ten largest positions	43.6%	26.1%
Weight in the single largest position	6.7%	7.4%
Assets (Vanguard: whole fund, all share classes)	n/a	n/a

Prices through 2026-10-16. The positions and the weights of the largest positions are from SCHD's SEC Form N-PORT for the period ended 2026-05-31 and VYM's SEC Form N-PORT for the period ended 2026-07-31.

Year by year

Year	SCHD	VYM
2026	27.4%	13.4%
2025	4.3%	15.4%
2024	11.7%	17.6%
2023	4.5%	6.6%
2022	-3.3%	-0.4%

Do they move together

Window	Correlation of weekly returns
1 year	0.71
3 years	0.87
5 years	0.93

Where to go next

SCHD, the full page: every holding, and what else it duplicates
VYM, the full page
SCHG vs VUG
VGT vs XLK
VOO vs VTI
Run the x-ray on your whole portfolio, this pair included
Check any other pair in the overlap calculator

How these numbers are produced · Ask the same questions from your assistant

Cite this page

TickerInside, SCHD vs VYM, holdings from SCHD's SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-24, and VYM's SEC Form N-PORT for the period ended 2026-07-31, filed 2026-09-28, https://tickerinside.com/compare/schd-vs-vym/, CC BY 4.0

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