Dividend comparison
SCHB vs VUG: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Schwab U.S. Broad Market ETF and Vanguard Morningstar Growth ETF, side by side. Updated October 21, 2026.
SCHB vs VUG: key differences
The short answer, from the latest data on this page.
- Fees. Both charge about 0.03% a year, so cost is not what separates them.
- Income. SCHB pays more income, yielding 1.04% over the last twelve months versus 0.39% for VUG. That is about $65 more a year on $10,000. Both pay quarterly.
- Performance. Over the last 5 years, VUG returned 78.4% versus 72.5% for SCHB, with dividends reinvested. $10,000 would have grown to $17,845 in VUG and $17,247 in SCHB.
- Risk. VUG has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -35.6%, against -25.4% for SCHB.
- Diversification. SCHB holds 2,394 positions and VUG holds 166. The ten largest positions make up 34.3% of SCHB and 63.1% of VUG.
- Overlap. At least 46% of the two portfolios overlap by weight, across 43 shared holdings.
- Dividend growth. SCHB grew its yearly payout 6.9% a year over the last 4 years, versus 6.9% for VUG.
- Size. VUG is the larger fund with $392.2 billion in assets, against $44.6 billion for SCHB.
Bottom line: SCHB fits better if you care most about more income today, smaller drawdowns and broader diversification. VUG fits better if you care most about stronger 5-year returns.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | SCHB Schwab U.S. Broad Market ETF | VUG Vanguard Morningstar Growth ETF |
|---|---|---|
| Dividend yield (TTM) | 1.04% | 0.39% |
| Dividend / share (TTM) | $0.31 | $0.35 |
| Payout frequency | Quarterly | Quarterly |
| Last dividend | $0.0809 on Sep 28, 2026 | $0.0910 on Sep 30, 2026 |
| Ex-dividend date | Sep 23, 2026 | Sep 28, 2026 |
| Dividend growth (CAGR) | 6.9% over 4 yrs | 6.9% over 4 yrs |
| Price | $29.51 | $88.67 |
| Dividend growth streak | 7 years | 3 years |
| Beta | 1.03 | 1.27 |
| Max drawdown (5Y) | -25.4% | -35.6% |
| Market cap | $44.45B | $392.24B |
| Exchange | AMEX | AMEX |
| Expense ratio | 0.03% | 0.03% |
| Assets under management | $44.62B | $392.20B |
| Number of holdings | 2394 | 166 |
| Top 10 concentration | 34.3% | 63.1% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
SCHB
$8.68/mo
$104 /yr at 1.04% yield
VUG
$3.25/mo
$39 /yr at 0.39% yield
Dividend history
Total dividends paid per share in each calendar year. SCHB pays quarterly; VUG pays quarterly.
| Year | SCHB | VUG |
|---|---|---|
| 2025 | $0.2916 | $0.3351 |
| 2024 | $0.2812 | $0.3188 |
| 2023 | $0.2579 | $0.3003 |
| 2022 | $0.2425 | $0.2499 |
| 2021 | $0.2230 | $0.2567 |
Strategy: Broad index
Low-cost funds that hold an entire market or index at market-cap weights and make no attempt to select securities. Return is the index return less a small fee, and dividends are a by-product of what the underlying companies choose to pay rather than an objective of the strategy. Differences between funds tracking the same index usually come down to fee, wrapper structure, share price and trading liquidity, not to holdings.
Current income is low and outside your control, so these need pairing with something else if the portfolio has to produce cash today.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $17,247 in SCHB and $17,845 in VUG.
| Period | SCHB | VUG |
|---|---|---|
| 1 month | 0.61% | 0.01% |
| 3 months | 3.18% | 4.01% |
| Year to date | 13.41% | 9.40% |
| 1 year | 15.18% | 10.23% |
| 3 years | 87.37% | 99.93% |
| 5 years | 72.47% | 78.45% |
- SCHB
- VUG
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
- SCHB
- VUG
SCHB vs VUG holdings overlap
At least 46% overlap by weight, with 43 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
| Largest shared holdings | SCHB weight | VUG weight |
|---|---|---|
| NVDANVIDIA | 7.03% | 13.48% |
| AAPLAPPLE | 6.80% | 12.50% |
| MSFTMICROSOFT | 5.33% | 9.74% |
| AMZNAMAZON COM INC | 3.33% | 4.26% |
| GOOGLALPHABET CLASS A | 2.71% | 5.16% |
| GOOGALPHABET CLASS C | 2.17% | 4.09% |
| METAMETA PLATFORMS CLASS A | 2.12% | 4.23% |
| AVGOBROADCOM INC | 2.12% | 4.34% |
| LLYELI LILLY | 1.36% | 2.60% |
| TSLATESLA INC | 1.36% | 2.65% |
Top 10 holdings
Largest positions by portfolio weight.
SCHB2394 holdings total
Quick verdict
SCHB fits better if you care most about more income today, smaller drawdowns and broader diversification. VUG fits better if you care most about stronger 5-year returns. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
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Frequently asked questions
Is SCHB or VUG better for dividend income?
It depends on your goals. SCHB currently yields 1.04% Trailing Twelve Months (TTM) while VUG yields 0.39%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between SCHB and VUG?
Schwab U.S. Broad Market ETF (SCHB) is an ETF listed on AMEX. Vanguard Morningstar Growth ETF (VUG) is an ETF listed on AMEX. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, SCHB or VUG?
They cost about the same: SCHB charges 0.03% a year and VUG charges 0.03%.
Which has performed better, SCHB or VUG?
Over the last 5 years, VUG has the higher total return with dividends reinvested: SCHB returned 72.5% and VUG returned 78.4%. Past performance does not predict future returns.
Which is riskier, SCHB or VUG?
Measured by the worst peak-to-trough decline over the last five years, VUG has been riskier: SCHB fell as much as 25.4% and VUG as much as 35.6%. Their betas are 1.03 and 1.27.
How much do SCHB and VUG overlap?
At least 46% of the two portfolios overlap by weight, across 43 shared holdings. The largest shared positions are NVDA, AAPL, MSFT. Holding both still adds meaningful diversification.
How often do SCHB and VUG pay dividends?
Both pay quarterly. The most recent payments were $0.0809 for SCHB and $0.0910 for VUG.
How much income does $10,000 in SCHB vs VUG generate?
At current TTM yields, $10,000 in SCHB would generate roughly $8.68 per month ($104 annually). The same amount in VUG would produce about $3.25 per month ($39 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both SCHB and VUG?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare SCHB vs VUG with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how SCHB and VUG fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.