SCHD vs VYM: Complete Comparison
Schwab U.S. Dividend Equity ETF vs Vanguard High Dividend Yield ETF โ overlap, correlation, performance & risk analysis
Visual Overlap
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ SCHD wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: SCHD wins with better 5-year return. Both have the same expense ratio, so cost isn't a differentiator. Consider SCHD for your portfolio, but VYM is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
2 shared holdings representing 16.4% portfolio overlap
Top Shared Holdings
| # | Stock | SCHD Weight | VYM Weight | Overlap |
|---|---|---|---|---|
| 1 | ABBV AbbVie Inc | 3.45% | 2.38% | 2.38% |
| 2 | MRK Merck & Co | 3.85% | 2.15% | 2.15% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHD
Unique to SCHD
| Symbol | Name | Weight |
|---|---|---|
| PEP | PepsiCo Inc | 4.45% |
| KO | Coca-Cola Co | 4.25% |
| CSCO | Cisco Systems | 4.05% |
| PFE | Pfizer Inc | 3.65% |
| VZ | Verizon Communications | 3.35% |
Top Holdings Only in VYM
Unique to VYM
| Symbol | Name | Weight |
|---|---|---|
| AVGO | Broadcom Inc | 4.52% |
| JPM | JPMorgan Chase & Co | 3.82% |
| XOM | Exxon Mobil Corp | 3.24% |
| PG | Procter & Gamble Co | 2.65% |
| HD | Home Depot Inc | 2.58% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.