SCHD vs VOO: ETF Comparison
Compare SCHD (Schwab U.S. Dividend Equity ETF) and VOO (Vanguard S&P 500 ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 15, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
SCHD vs VOO: The Verdict
On average annual total return since inception, VOO narrowly leads SCHD: +14.9% per year vs +13.5% per year — a gap of 1.4 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Income investors will notice the yield gap: SCHD currently yields 3.0% vs VOO's 1.1%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
SCHD vs VOO Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| SCHD | Schwab U.S. Dividend Equity ETF | Schwab | 10/20/2011 | 14.9y | +558.0% | +13.5% | 3.0% | 0.06% | A |
| VOO | Vanguard S&P 500 ETF | Vanguard | 9/7/2010 | 16.0y | +823.0% | +14.9% | 1.1% | 0.03% | A |
SCHD vs VOO — Frequently Asked Questions
Which is better, SCHD or VOO?
By average annual total return since inception, VOO narrowly leads SCHD (+14.9% vs +13.5% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between SCHD and VOO?
SCHD (Schwab U.S. Dividend Equity ETF) is offered by Schwab and currently yields 3.0%. VOO (Vanguard S&P 500 ETF) is offered by Vanguard and yields 1.1%. Their average annual total returns since inception are +13.5% and +14.9% respectively.
Does VOO pay a higher dividend than SCHD?
VOO currently yields 1.1% and SCHD yields 3.0%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.