Data as of Oct 28, 2026.
SCHD vs VOE: Differences, Returns & Fees
Over the year to Oct 28, 2026, SCHD returned +34.5% to VOE's +22.8%; 9% of their weight is in the same names.
askIQ about this page
askIQ about SCHD and VOE
Net assets: $112.3bn on Aug 31, 2026 for Schwab U.S. Dividend Equity ETF, and $22.8bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap Value ETF.
Pair scorecard
VOE costs 0.01 points a year less; their one-year returns differ by 11.7 points.
| Measure | SCHD | VOE |
|---|---|---|
| Return | ||
| Total return, 1 year | +34.5% | +22.8% |
| Benchmark | ||
| What it tracks | Dow Jones U.S. Dividend 100 Index | Morningstar US Mid Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.06% | 0.05% |
| Net assets, SCHD as of Aug 31, 2026 and VOE as of Sep 30, 2026 | $112.3bn | $22.8bn |
| Holdings | ||
| Holdings in common | 9% | |
| Top ten holdings, share of the fund | 41.7% | 14.0% |
Holdings in common uses holdings dated Aug 31, 2026 and Sep 30, 2026. Method
What they share
By the books each fund has filed, SCHD and VOE hold 9% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Sep 30, 2026.
half
9% in common
Only in one fund ↓
Side by side
SCHD and VOE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SCHD and VOE do different jobs. What does each one do in a portfolio?
- What each follows. SCHD follows Dow Jones U.S. Dividend 100 Index and VOE follows Morningstar US Mid Cap Value Index.
- Holdings in common. 9% of the weight is in the same securities (holdings dated Aug 31, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SCHD returned +34.5% and VOE +22.8% with distributions reinvested, a gap of 11.7 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
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%.
VOE
VOE tracks an index of Mid-Cap Value. Over the year to Oct 28, 2026 it returned +22.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 169 positions, with the top ten at 14.0%.
Questions people ask
- Which returned more over the last year, SCHD or VOE?
- In the year to Oct 28, 2026, with distributions reinvested, SCHD returned +34.5% and VOE +22.8%.
- Which is cheaper, SCHD or VOE?
- VOE is cheaper, by 0.01 percentage points a year. That is about $1 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.
Cite this pageCitation, APA and Markdown
ETFIQ, SCHD against VOE, data as of Oct 28, 2026. https://etfiq.com/compare/any/schd-vs-voe
ETFIQ. (Oct 28, 2026). SCHD against VOE. Retrieved from https://etfiq.com/compare/any/schd-vs-voe
[SCHD against VOE (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/schd-vs-voe)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.