Data as of Oct 28, 2026.
SCHD vs SHY: Differences, Returns & Fees
Over the year to Oct 28, 2026, SCHD returned +34.5% to SHY's +1.6%; 0% of their weight is in the same names.
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Net assets: $112.3bn on Aug 31, 2026 for Schwab U.S. Dividend Equity ETF, and $27.4bn on Oct 27, 2026 for iShares 1-3 Year Treasury Bond ETF.
Pair scorecard
SCHD costs 0.09 points a year less; their one-year returns differ by 32.9 points.
| Measure | SCHD | SHY |
|---|---|---|
| Return | ||
| Total return, 1 year | +34.5% | +1.6% |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Dividend 100 Index | ICE U.S. Treasury 1-3 Year Bond Index |
| Cost and size | ||
| Expense ratio | 0.06% | 0.15% |
| Net assets, SCHD as of Aug 31, 2026 and SHY as of Oct 27, 2026 | $112.3bn | $27.4bn |
| Holdings | ||
| Holdings in common | 0% | |
| 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 27, 2026. Method
Risk and return
Oct 28, 2011 to Oct 23, 2026 · 782 weekly returnsSCHD returned more: +554.4% to +21.6%. SHY swung less: 1.3% to 14.8%. SHY fell less at its worst: −5.6% to −31.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SCHD | SHY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +554.4% | +21.6% | SCHD | Price change plus distributions, reinvested. |
| Annualized | +13.3% | +1.3% | SCHD | Total return as a yearly rate. |
| Price return | +306.8% | −3.5% | SCHD | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 14.8% | 1.3% | SHY | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.4% | 0.9% | SHY | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −31.5% | −5.6% | SHY | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.80 | −0.31 | SCHD | Return above Treasury bills per unit of volatility. |
| Sortino | 1.15 | −0.46 | SCHD | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.42 | 0.23 | SCHD | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 782 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SCHD and SHY hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
SCHD and SHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SCHD and SHY do different jobs. What does each one do in a portfolio?
- What each follows. SCHD follows Dow Jones U.S. Dividend 100 Index and SHY follows ICE U.S. Treasury 1-3 Year Bond Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Aug 31, 2026 and Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SCHD returned +34.5% and SHY +1.6% with distributions reinvested, a gap of 32.9 points.
Data as of Oct 28, 2026.
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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%.
SHY
SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index. The prospectus expense ratio is 0.15% a year.
Questions people ask
- Which returned more over the last year, SCHD or SHY?
- In the year to Oct 28, 2026, with distributions reinvested, SCHD returned +34.5% and SHY +1.6%.
- Which is cheaper, SCHD or SHY?
- SCHD is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, SCHD against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/schd-vs-shy
ETFIQ. (Oct 28, 2026). SCHD against SHY. Retrieved from https://etfiq.com/compare/any/schd-vs-shy
[SCHD against SHY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/schd-vs-shy)
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