Data as of Oct 28, 2026.
DIVO vs SCHD: Differences, Returns & Fees
Over the year to Oct 28, 2026, DIVO returned +12.7% to SCHD's +34.5%, and SCHD charges 0.06% to DIVO's 0.56%.
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Net assets: $8.1bn on Oct 28, 2026 for Amplify CWP Enhanced Dividend Income ETF, and $112.3bn on Aug 31, 2026 for Schwab U.S. Dividend Equity ETF.
Pair scorecard
SCHD costs 0.50 points a year less; their one-year returns differ by 21.8 points.
| Measure | DIVO | SCHD |
|---|---|---|
| Return | ||
| Total return, 1 year | +12.7% | +34.5% |
| Price change, 1 year | rose 5.5% | rose 30.0% |
| Latest payout, annualized | 4.7% | |
| Return of capital, issuer estimate | 68% of the Sep 30, 2026 payment | |
| Against its benchmark | ||
| What it tracks | Benchmark: S&P 500, measured through SPY | Dow Jones U.S. Dividend 100 Index |
| Against its benchmark, same days | behind by 0.9 pts | |
| Cost and size | ||
| Expense ratio | 0.56% | 0.06% |
| Net assets, DIVO as of Oct 28, 2026 and SCHD as of Aug 31, 2026 | $8.1bn | $112.3bn |
| Holdings | ||
| Holdings in common | 19% | |
| In the S&P 500, by weight | 95% | |
| Top ten holdings, share of the fund | 41.7% | |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 28, 2026. Method
Risk and return
Dec 23, 2016 to Oct 23, 2026 · 513 weekly returnsSCHD returned slightly more: +234.3% to +220.8%. DIVO swung less: 13.9% to 16.3%. DIVO fell less at its worst: −27.7% to −31.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | DIVO | SCHD | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +220.8% | +234.3% | SCHD (slight) | Price change plus distributions, reinvested. |
| Annualized | +12.5% | +13.0% | SCHD (slight) | Total return as a yearly rate. |
| Price return | +89.7% | +140.8% | SCHD | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 13.9% | 16.3% | DIVO | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 9.9% | 11.7% | DIVO | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −27.7% | −31.5% | DIVO | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.74 | 0.68 | DIVO (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.04 | 0.95 | DIVO (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.45 | 0.41 | DIVO (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 513 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, DIVO and SCHD hold 19% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 28, 2026.
half
19% in common
Only in one fund ↓
Side by side
DIVO and SCHD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
DIVO and SCHD do different jobs. What does each one do in a portfolio?
- What each follows. DIVO is measured against S&P 500 through SPY and SCHD follows Dow Jones U.S. Dividend 100 Index.
- Holdings in common. 19% of the weight is in the same securities (holdings dated Oct 28, 2026 and Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 DIVO returned +12.7% and SCHD +34.5% with distributions reinvested, a gap of 21.8 points.
Data as of Oct 28, 2026.
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DIVO
Over the year to Oct 28, 2026, DIVO paid 6.6% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +12.7%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was behind by 0.9 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 4.7%, paid monthly. Amplify estimates that 68% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
SCHD
SCHD tracks an index of US dividend. Over the year to Oct 28, 2026 it returned +34.5% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 41.7%.
Questions people ask
- Are DIVO and SCHD in the same category?
- DIVO is an option-income ETF and SCHD is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, DIVO or SCHD?
- In the year to Oct 28, 2026, with distributions reinvested, DIVO returned +12.7% and SCHD +34.5%.
- Which is cheaper, DIVO or SCHD?
- SCHD is cheaper, by 0.50 percentage points a year. That is about $50 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, DIVO against SCHD, data as of Oct 28, 2026. https://etfiq.com/compare/any/divo-vs-schd
ETFIQ. (Oct 28, 2026). DIVO against SCHD. Retrieved from https://etfiq.com/compare/any/divo-vs-schd
[DIVO against SCHD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/divo-vs-schd)
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