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ETF Comparisons

SCHD vs. VYM

Schwab US Dividend Equity ETF

SCHD
$--
vs

Vanguard High Dividend Yield ETF

VYM
$--

Correlation

0.98

Compare with

Top 10 comparisons with SCHD:
Compare:
SCHD
Correlation
With:
VYM
Vanguard High Dividend Yield ETF
0.98
SwitchVYMVanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF0.98SCHVSchwab Strategic Trust - Schwab U.S. Large-Cap Value ETF0.98DTDWisdomTree Trust - WisdomTree U.S. Total Dividend Fund0.98VTVVanguard Group, Inc. - Vanguard Value ETF0.98DIVBBlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF0.97DGROBlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF0.97NULVNuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF0.97DLNWisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund0.97ILCVBlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF0.97PRFInvesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF0.97

Top 10 shared holdings

Invest with SCHD
Learn more about VYM
SCHDSchwab US Dividend Equity ETF
VYMVanguard High Dividend Yield ETF

What is SCHD?

The ETF seeks investment results that track, as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index. Provides exposure to high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends and have strong relative fundamental strength based on select financial ratios.

Snapshot
**

SCHD Schwab US Dividend Equity ETF
VYM Vanguard High Dividend Yield ETF
Inception date
Oct 20 2011
Nov 10 2006
Expense ratio
0.06%
0.06%
SCHD and VYM have the same expense ratio, meaning it’s equally as costly to invest in either one.
Type
US Equities
US Equities
SCHD targets investing in US Equities, while VYM targets investing in US Equities.
Fund owner
Schwab
Vanguard
SCHD is managed by Schwab, while VYM is managed by Vanguard.
Volume (1m avg. daily)
$191,902,599
$134,746,385
Both SCHD and VYM are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$47,737,029,197
$48,466,955,232
SCHD has more assets under management than VYM by $729,926,035. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Dow Jones U.S. Dividend 100 Index
FTSE High Dividend Yield Index
SCHD is based off of the Dow Jones U.S. Dividend 100 Index, while VYM is based off of the FTSE High Dividend Yield Index
Inverse/Leveraged
No
No
SCHD and VYM use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SCHD and VYM both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
Yes
Yes
SCHD and VYM may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
Neither SCHD nor VYM require a K1.
SCHD and VYM’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toSCHD

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Automated Strategies
Related toVYM

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.