DVY vs SCHD: ETF Comparison
Compare DVY (iShares Select Dividend ETF) and SCHD (Schwab U.S. Dividend Equity 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.*
DVY vs SCHD: The Verdict
On average annual total return since inception, SCHD holds a clear edge over DVY: +13.5% per year vs +9.0% per year — a gap of 4.4 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.
Keep the track records in mind: DVY has been trading for 22.9 years, while SCHD has only 14.9 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments — one strong or weak stretch moves the needle more.
DVY vs SCHD Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| DVY | iShares Select Dividend ETF | iShares | 11/3/2003 | 22.9y | +622.0% | +9.0% | 3.3% | 0.38% | B |
| SCHD | Schwab U.S. Dividend Equity ETF | Schwab | 10/20/2011 | 14.9y | +558.0% | +13.5% | 3.0% | 0.06% | A |
DVY vs SCHD — Frequently Asked Questions
Which is better, DVY or SCHD?
By average annual total return since inception, SCHD holds a clear edge over DVY (+13.5% vs +9.0% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between DVY and SCHD?
DVY (iShares Select Dividend ETF) is offered by iShares and currently yields 3.3%. SCHD (Schwab U.S. Dividend Equity ETF) is offered by Schwab and yields 3.0%. Their average annual total returns since inception are +9.0% and +13.5% respectively.
Does SCHD pay a higher dividend than DVY?
SCHD currently yields 3.0% and DVY yields 3.3%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.