Compare/Updated Oct 26, 2026, refreshed every trading day
SCHB vs SCHD
Schwab U.S. Broad Market ETF against Schwab U.S. Dividend Equity ETF: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
SCHB did better over the full period, turning $1,000 invested on October 28, 2022 into $2,019 versus $1,649 for SCHD—a 101.9% gain compared with 64.9%. The advantage reflects SCHB’s stronger three-year return (+81.9% versus +67.2%), although SCHD has recently led: its one-year return was +35.2% versus +14.7%, and its YTD return was +31.8% versus +12.2%. SCHD also carried less risk, with 11.3% volatility versus 13.0% for SCHB and a smaller worst drawdown of -16.1% versus -19.4%. The funds’ daily moves had a 0.687 correlation, indicating meaningful but incomplete overlap. SCHB’s lower 0.03% expense ratio and broader exposure supported its longer-term lead, while SCHD’s recent momentum and lower volatility may matter more to investors prioritizing current performance and downside control.
- Price is above its 200-day average ($28); 50-day at $30.
- RSI 42, neutral. Supertrend says sell. ADX 15, so the trend is weak.
- Price is above its 200-day average ($32); 50-day at $34.
- RSI 73, overbought. Supertrend says buy. ADX 33, so the trend is strong.
Head to head
Which has returned more, SCHB or SCHD?
SCHB beat SCHD in 27 of the last 48 months; SCHD won the other 21. The typical monthly gap was 2.85 points.
Total return by period
Which is riskier?
SCHB: Feb 19, 2025 to Apr 8, 2025; SCHD: Nov 29, 2024 to Apr 8, 2025
- 0.687
- correlation of daily moves, 4 years
- 0.79
- SCHB move per 1% in SCHD
- 0.242
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 2.85 points.
When did they diverge?
| Month | SCHB | SCHD | Gap |
|---|---|---|---|
| October 2026 | -0.4% | +8.4% | -8.83 pts |
| February 2026 | -0.6% | +6.5% | -7.13 pts |
| January 2026 | +1.6% | +8.7% | -7.09 pts |
| April 2025 | -0.8% | -7.7% | +6.86 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with SCHB and SCHD?
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