Dividend comparison
SCHV vs VOOV: Which Is Better?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Schwab U.S. Large-Cap Value ETF and Vanguard S&P 500 Value ETF, side by side. Updated October 21, 2026.
SCHV vs VOOV: key differences
The short answer, from the latest data on this page.
- Fees. SCHV is cheaper at 0.04% a year versus 0.07% for VOOV. On $10,000 that is $3 a year less in fees.
- Income. SCHV pays more income, yielding 1.82% over the last twelve months versus 1.64% for VOOV. That is about $19 more a year on $10,000. Both pay quarterly.
- Performance. Over the last 5 years, VOOV returned 68.1% versus 61.5% for SCHV, with dividends reinvested. $10,000 would have grown to $16,805 in VOOV and $16,152 in SCHV.
- Risk. Their worst declines over the last 5 years were similar: -19.8% for SCHV and -18.1% for VOOV from peak to trough.
- Diversification. SCHV holds 572 positions and VOOV holds 398. The ten largest positions make up 22.0% of SCHV and 24.7% of VOOV.
- Overlap. At least 41% of the two portfolios overlap by weight, across 75 shared holdings.
- Dividend growth. SCHV grew its yearly payout 6.3% a year over the last 4 years, versus 6.2% for VOOV.
- Size. SCHV is the larger fund with $15.4 billion in assets, against $6.8 billion for VOOV.
Bottom line: SCHV fits better if you care most about lower fees. VOOV 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 | SCHV Schwab U.S. Large-Cap Value ETF | VOOV Vanguard S&P 500 Value ETF |
|---|---|---|
| Dividend yield (TTM) | 1.82% | 1.64% |
| Dividend / share (TTM) | $0.63 | $3.75 |
| Payout frequency | Quarterly | Quarterly |
| Last dividend | $0.1632 on Sep 28, 2026 | $0.9496 on Sep 25, 2026 |
| Ex-dividend date | Sep 23, 2026 | Sep 23, 2026 |
| Dividend growth (CAGR) | 6.3% over 4 yrs | 6.2% over 4 yrs |
| Price | $34.34 | $228.99 |
| Dividend growth streak | 4 years | — |
| Beta | 0.76 | 0.84 |
| Max drawdown (5Y) | -19.8% | -18.1% |
| Market cap | $15.48B | $6.80B |
| Exchange | AMEX | AMEX |
| Expense ratio | 0.04% | 0.07% |
| Assets under management | $15.41B | $6.80B |
| Number of holdings | 572 | 398 |
| Top 10 concentration | 22.0% | 24.7% |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
SCHV
$15.20/mo
$182 /yr at 1.82% yield
VOOV
$13.63/mo
$164 /yr at 1.64% yield
Dividend history
Total dividends paid per share in each calendar year. SCHV pays quarterly; VOOV pays quarterly.
| Year | SCHV | VOOV |
|---|---|---|
| 2025 | $0.5995 | $3.5962 |
| 2024 | $0.5871 | $3.8741 |
| 2023 | $0.5646 | $2.8343 |
| 2022 | $0.5245 | $3.0639 |
| 2021 | $0.4688 | $2.8271 |
Strategy: Large-cap value
Funds that hold the cheaper half of the large-cap market by price-to-book, price-to-earnings and similar ratios. They lean toward financials, healthcare, industrials and energy, and pay higher dividends than growth funds because mature companies return more cash to shareholders. Funds tracking different value indexes can differ a lot in how many stocks they hold and how they define cheap.
Value can trail the broad market for years at a time when growth companies lead, as it did for much of the last decade.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $16,152 in SCHV and $16,805 in VOOV.
| Period | SCHV | VOOV |
|---|---|---|
| 1 month | 1.42% | 1.84% |
| 3 months | 2.54% | 2.62% |
| Year to date | 17.60% | 11.78% |
| 1 year | 19.99% | 13.77% |
| 3 years | 74.58% | 63.92% |
| 5 years | 61.52% | 68.05% |
- SCHV
- VOOV
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.
- SCHV
- VOOV
SCHV vs VOOV holdings overlap
At least 41% overlap by weight, with 75 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 | SCHV weight | VOOV weight |
|---|---|---|
| XOMEXXONMOBIL HOLDINGS CORP | 2.45% | 2.29% |
| WMTWALMART | 1.77% | 1.59% |
| INTCINTEL CORPORATION CORP | 1.49% | 2.05% |
| CVXCHEVRON | 1.48% | 1.38% |
| MRKMERCK & CO INC | 1.20% | 1.23% |
| PGPROCTER & GAMBLE | 1.23% | 1.16% |
| BACBANK OF AMERICA | 1.11% | 1.21% |
| HDHOME DEPOT | 1.03% | 0.97% |
| JPMJPMORGAN CHASE | 3.01% | 0.96% |
| JNJJOHNSON & JOHNSON | 2.05% | 0.90% |
Top 10 holdings
Largest positions by portfolio weight.
SCHV572 holdings total
Quick verdict
SCHV fits better if you care most about lower fees. VOOV 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
Forecast dividend income, track payouts, and see how SCHV vs VOOV fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is SCHV or VOOV better for dividend income?
It depends on your goals. SCHV currently yields 1.82% Trailing Twelve Months (TTM) while VOOV yields 1.64%. 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 SCHV and VOOV?
Schwab U.S. Large-Cap Value ETF (SCHV) is an ETF listed on AMEX. Vanguard S&P 500 Value ETF (VOOV) 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, SCHV or VOOV?
SCHV has the lower expense ratio. SCHV charges 0.04% a year and VOOV charges 0.07%, a difference of $3 a year on a $10,000 investment.
Which has performed better, SCHV or VOOV?
Over the last 5 years, VOOV has the higher total return with dividends reinvested: SCHV returned 61.5% and VOOV returned 68.1%. Past performance does not predict future returns.
Which is riskier, SCHV or VOOV?
Measured by the worst peak-to-trough decline over the last five years, SCHV has been riskier: SCHV fell as much as 19.8% and VOOV as much as 18.1%. Their betas are 0.76 and 0.84.
How much do SCHV and VOOV overlap?
At least 41% of the two portfolios overlap by weight, across 75 shared holdings. The largest shared positions are XOM, WMT, INTC. Holding both still adds meaningful diversification.
How often do SCHV and VOOV pay dividends?
Both pay quarterly. The most recent payments were $0.1632 for SCHV and $0.9496 for VOOV.
How much income does $10,000 in SCHV vs VOOV generate?
At current TTM yields, $10,000 in SCHV would generate roughly $15.20 per month ($182 annually). The same amount in VOOV would produce about $13.63 per month ($164 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both SCHV and VOOV?
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 SCHV vs VOOV with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how SCHV and VOOV 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.