VIG vs SCHD
Two heavyweight dividend-growth ETFs with different index rules — VIG leans quality-and-growth, SCHD adds a higher-yield screen. Here’s how VIG and SCHD compare for dividend investors — with a calculator for each so you can model the income yourself.
VIG
Vanguard Dividend Appreciation ETF
- Type
- Dividend-growth ETF
- Issuer
- Vanguard
- Pays
- quarterly
VIG tracks the S&P U.S. Dividend Growers Index, holding companies with a record of raising dividends while excluding the very highest yielders. It is one of the largest dividend-growth ETFs, favoured for quality and a rising payout over a high starting yield.
VIG dividend calculatorSCHD
Schwab U.S. Dividend Equity ETF
- Type
- Dividend-growth ETF
- Issuer
- Charles Schwab
- Pays
- quarterly
SCHD tracks the Dow Jones U.S. Dividend 100 Index, which screens for companies with a long record of paying dividends plus quality and financial-strength filters. It is one of the most widely held dividend-growth ETFs, favoured for its low expense ratio and steadily rising payout.
SCHD dividend calculatorVIG vs SCHD dividend, side by side
Current dividend figures for VIG and SCHD as of Jul 10, 2026. Yields and payouts change — verify the latest numbers with your broker before investing.
How VIG and SCHD differ
VIG — VIG tracks the S&P U.S. Dividend Growers Index, holding companies with a record of raising dividends while excluding the very highest yielders. It is one of the largest dividend-growth ETFs, favoured for quality and a rising payout over a high starting yield.
SCHD — SCHD tracks the Dow Jones U.S. Dividend 100 Index, which screens for companies with a long record of paying dividends plus quality and financial-strength filters. It is one of the most widely held dividend-growth ETFs, favoured for its low expense ratio and steadily rising payout.
In practice the choice comes down to your goal. VIG suits an investor who wants a rising dividend over time rather than the highest starting yield, while SCHD suits one who wants a rising dividend over time rather than the highest starting yield. The two are not mutually exclusive — plenty of portfolios hold a growth-oriented fund and an income-oriented one together. What matters is matching each to its job and not judging a fund on its headline yield alone.
Rather than compare a single snapshot yield (which moves daily), open each calculator and enter current figures: the VIG calculator and the SCHD calculator. To compare long-term compounding head to head, run the same contributions through the dividend reinvestment calculator with each fund’s assumptions.
VIG vs SCHD FAQ
- What's the main difference between VIG and SCHD?
- VIG is a dividend-growth etf from Vanguard; SCHD is a dividend-growth etf from Charles Schwab. Two heavyweight dividend-growth ETFs with different index rules — VIG leans quality-and-growth, SCHD adds a higher-yield screen.
- Does VIG or SCHD pay more dividends?
- As of Jul 10, 2026, VIG yields about 1.50% and SCHD about 3.25%, so SCHD currently pays the higher yield. VIG pays quarterly; SCHD pays quarterly. Yields move daily, so verify current figures and use the calculators below to model the income yourself. Higher-yield funds pay more today, while dividend-growth funds start lower and raise the payout over time.
- Which is better, VIG or SCHD?
- Neither is universally better — they suit different goals. VIG fits an investor who wants a rising dividend over time rather than the highest starting yield; SCHD fits one who wants a rising dividend over time rather than the highest starting yield. Match the fund to your objective, time horizon, and tax situation, and consider a licensed advisor.
- Can I hold both VIG and SCHD?
- Many investors do, to blend current income with growth. Just be aware of overlap — if both hold similar large-cap US stocks, you may be less diversified than the two tickers suggest.