Peers · etf
SCHD Alternatives
The closest SCHD alternative is HDV (3.05% yield, 7.6/10 safety), followed by VYM and VEA. All 6 sit in the same category as SCHD (3.24% yield, 7.9/10 safety) and are ranked below on how closely they match it.
The closest alternative to SCHD in our universe is HDV — nearly identical yield (3.05% vs 3.24% for SCHD) and a 7.6/10 safety score compared to SCHD's 7.9/10. Across all 6 peers, yields range from 1.98% to 3.05% and safety scores range from 7.3 to 8.1/10.
Switching from SCHD to a peer is not always straightforward — a higher yield peer often carries a lower safety score, and vice versa. Tax treatment can diverge too: check whether SCHD dividends are qualified before assuming a peer's headline yield is comparable after tax. The table below ranks each alternative by how closely it matches SCHD on both dimensions simultaneously, so you can see the full yield-vs-safety tradeoff at a glance.
Closest matches
| Ticker | Yield | Safety | How it differs from SCHD |
|---|---|---|---|
| HDV · iShares Core High Dividend ETF | 3.05% | 7.6/10 · Solid | Very close match on yield and safety |
| VYM · Vanguard High Dividend Yield ETF | 2.37% | 7.9/10 · Solid | 0.87% yield gap (lower) |
| VEA · Vanguard FTSE Developed Markets ETF | 2.41% | 8.1/10 · Strong | 0.83% yield gap (lower) |
| VWO · Vanguard FTSE Emerging Markets ETF | 2.05% | 7.9/10 · Solid | 1.19% yield gap (lower) |
| DIVO · Amplify CWP Enhanced Dividend Income ETF | 2.33% | 7.3/10 · Solid | 0.91% yield gap (lower) |
| DGRO · iShares Core Dividend Growth ETF | 1.98% | 7.6/10 · Solid | 1.26% yield gap (lower) |
Frequently asked questions
What are the best SCHD alternatives?
The closest SCHD alternatives are HDV, VYM, VEA — all in the same category with comparable yield and dividend safety. HDV is the single closest match at 3.05% yield and 7.6/10 safety, versus 3.24% and 7.9/10 for SCHD.
Is there a higher-yielding alternative to SCHD?
None of the 6 peers we track yield more than SCHD's 3.24%. If you want more income than SCHD produces, you would need to move outside its sector — usually at the cost of a lower dividend safety score.
What ETFs are similar to SCHD?
We rank 6 similar ETFs for SCHD: HDV, VYM, VEA, VWO, DIVO, DGRO. Each is matched on sector, yield zone, and a 0-10 dividend safety score, then ranked by how closely it tracks SCHD on both dimensions at once.
Which of these do you already own?
Connect your brokerage in 60 seconds — Infnits flags which of these peer tickers duplicate exposure you already have, and which would actually diversify SCHD.