Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SCHD vs VOE: how they differ
SCHD and VOE hold 10% of their weight in the same names, and SCHD returned more over the year.
Schwab U.S. Dividend Equity ETF and Vanguard Mid-Cap Value Index Fund.
What they hold in common
By the books each fund has filed, SCHD and VOE hold 10% of their money in the same securities at the same weight.
| Holding | SCHD | VOE |
|---|---|---|
| SLB Ltd | 2.06% | 1.21% |
| Target Corp | 1.45% | 1.03% |
| ONEOK Inc | 1.33% | 0.95% |
| Ford Motor Co | 1.72% | 0.94% |
| Fifth Third Bancorp | 1.13% | 0.89% |
| Devon Energy Corp | 1.29% | 0.83% |
| Archer-Daniels-Midland Co | 0.97% | 0.64% |
| Kimberly-Clark Corp | 0.82% | 0.63% |
| Cincinnati Financial Corp | 0.62% | 0.50% |
| Hershey Co/The | 0.72% | 0.45% |
| Regions Financial Corp | 0.61% | 0.45% |
| T Rowe Price Group Inc | 0.58% | 0.42% |
| Only in SCHD | Only in VOE |
|---|---|
| QUALCOMM Inc 6.75% | Cummins Inc 1.71% |
| Texas Instruments Inc 5.92% | Valero Energy Corp 1.34% |
| UnitedHealth Group Inc 5.10% | Marathon Petroleum Corp 1.29% |
| Coca-Cola Co/The 3.96% | CRH PLC 1.24% |
| Merck & Co Inc 3.87% | United Rentals Inc 1.23% |
| Chevron Corp 3.84% | General Motors Co 1.21% |
| Verizon Communications Inc 3.66% | Simon Property Group Inc 1.20% |
| Procter & Gamble Co/The 3.55% | Phillips 66 1.18% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| SCHD Schwab U.S. Dividend Equity ETF | VOE Vanguard Mid-Cap Value Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Vanguard |
| What it is | US dividend | Mid-Cap Value |
| Total return, 1 year | +27.6% | +20.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.1 pts | +2.7 pts |
| Expense ratio | 0.06% | 0.05% |
| Already in the S&P 500 | 95.1% | 96.6% |
| Holdings | 99 | 170 |
SCHD in plain words
SCHD is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +27.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%. It sat 3.1% below its high of Aug 24, 2026 on Sep 11, 2026.
VOE in plain words
VOE is an index equity fund tracking the Mid-Cap Value. Over the year to Sep 11, 2026 it returned +20.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 12.7%.
Questions people ask
- Which returned more over the last year, SCHD or VOE?
- In the year to Sep 12, 2026, with distributions reinvested, SCHD returned +27.6% and VOE returned +20.2%, so SCHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHD or VOE?
- SCHD charges 0.06% a year and VOE charges 0.05%, so VOE is cheaper. Fees come from each fund's prospectus.
- How much do SCHD and VOE overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHD and 97% of VOE by weight is stocks the S&P 500 already holds. Between the two funds, 10% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SCHD against VOE, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHD-VOE Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources