Overview
- Morningstar data from Sept. 3 shows SCHD at about $113.2 billion in assets and VIG at about $130.9 billion, reflecting a fast-closing gap driven by strong 2026 inflows into SCHD.
- SCHD offers materially higher current income at roughly a 3.1% trailing yield versus VIG’s about 1.5%, making SCHD more attractive to income-seeking investors.
- Year-to-date performance has favored SCHD, which returned about 29.99% in 2026 compared with VIG’s roughly 11.54%, driven by a market shift toward cheaper, cash-generative stocks.
- The funds use different selection rules: SCHD tracks the Dow Jones U.S. Dividend 100 Index with financial-quality screens and 10 years of dividend payments, while VIG tracks the S&P U.S. Dividend Growers Index and requires 10 years of consecutive dividend increases.
- Portfolio profiles differ substantially so investors must choose priorities: SCHD is concentrated (~102 holdings) with heavy healthcare, consumer defensive and energy exposure, while VIG is broader (~333 holdings) and tech- and quality-tilted, favoring long-term dividend growth over current yield.