SCHD vs SCHY: Which Is the Better Dividend Stock?
As of July 2026, SCHD (Schwab U.S. Dividend Equity ETF) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. SCHY offers the higher yield at 3.33%, SCHD has the higher dividend-safety score, and SCHD trades at the larger discount to fair value (-36%).
| Metric | SCHD | SCHY |
|---|---|---|
| Forward yield | 3.10% | 3.33% |
| Annual dividend | $1.05 | $1.11 |
| Payout ratio | — | — |
| Years of growth | 14 yr | 0 yr |
| 5-yr dividend growth | 9.1% | — |
| 5-yr total return | 29% | 24% |
| Dividend safety score | 84 (A) | 55 (C) |
| Fair value estimate | $21.33 | $17.83 |
| Upside to fair value | -36% | -45% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 19.5 | 16.0 |
Higher yield
SCHY
3.33%
Safer dividend
SCHD
Grade A
Faster growth
SCHD
9.1%
Better value
SCHD
-36% upside
SCHD vs SCHY — FAQ
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