Get the weekly note

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SCHD vs VTEB: how they differ

SCHD and VTEB hold 0% of their weight in the same names, and SCHD returned more over the year.

Schwab U.S. Dividend Equity ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, SCHD and VTEB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SCHDOnly in VTEB
QUALCOMM Inc 6.75%University of California 0.12%
Texas Instruments Inc 5.92%Triborough Bridge & Tunnel Authority 0.12%
UnitedHealth Group Inc 5.10%Colorado State Education Loan Program 0.11%
Coca-Cola Co/The 3.96%State of California 0.11%
Merck & Co Inc 3.87%New York City Transitional Finance Autho 0.09%
Chevron Corp 3.84%Dallas Independent School District 0.09%
Verizon Communications Inc 3.66%New York State Dormitory Authority 0.09%
Procter & Gamble Co/The 3.55%Ohio Water Development Authority Water P 0.09%

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 Apr 30, 2026 and May 31, 2026.

SCHD and VTEB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
SCHD
Schwab U.S. Dividend Equity ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund
Where it sitsCore index fundCore index fund
IssuerSchwabVanguard
What it isUS dividendTax-Exempt Bond
Total return, 1 year+27.6%+0.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+10.1 pts−17.3 pts
Expense ratio0.06%0.03%
Holdings9910185

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.

VTEB in plain words

VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, SCHD or VTEB?
In the year to Sep 12, 2026, with distributions reinvested, SCHD returned +27.6% and VTEB returned +0.2%, so SCHD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SCHD or VTEB?
SCHD charges 0.06% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

SCHD against VTEB, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SCHD against VTEB, data as of Sep 12, 2026. https://etfiq.com/compare/any/SCHD-VTEB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources