ETFs / SCHD
What If You Had Invested in SCHD 10 Years Ago?
Schwab U.S. Dividend Equity ETF (SCHD) with real monthly prices, dividends reinvested, through November 2026.
SCHD $35.42 ▼ -2.18% last close, Nov 05, 2026
If you had invested $1,000 in SCHD in November 2016, today it would be worth
$3,459
Same $1,000 in the S&P 500 (SPY): $3,895
If you had put $500 a month into SCHD since November 2016, your $60,500 would be worth today
$122,099
Same plan in the S&P 500 (SPY): $128,888
More options in the What If calculator.
SCHD live price chart
SCHD returns by period
| Period | Total return | Per year | $1,000 became | SPY per year |
|---|---|---|---|---|
| Sep 23, 2026 | $0.2670 | +5.5% | ||
| Jun 24, 2026 | $0.2530 | -1.6% | ||
| Mar 25, 2026 | $0.2570 | -7.6% | ||
| Dec 10, 2025 | $0.2780 | +6.9% | ||
| Sep 24, 2025 | $0.2600 | +0.0% | ||
| Jun 25, 2025 | $0.2600 | +4.4% | ||
| Mar 26, 2025 | $0.2490 | -6.0% | ||
| Dec 11, 2024 | $0.2650 | +5.3% | ||
| Sep 25, 2024 | $0.2517 | -8.4% | ||
| Jun 26, 2024 | $0.2747 | +34.9% | ||
| Mar 20, 2024 | $0.2037 | -17.6% | ||
| Dec 06, 2023 | $0.2473 | — |
SCHD year by year
Best full year: 2013 (+32.9%). Worst: 2018 (-5.6%).
| Year | SCHD | SPY | What happened |
|---|---|---|---|
| 2026 (so far) | +32.3% | +8.3% | |
| 2025 | +4.3% | +17.7% | |
| 2024 | +11.7% | +24.9% | |
| 2023 | +4.5% | +26.2% | The reverse of 2022. A handful of large tech stocks drove the market, and SCHD, which holds few of them, trailed the S&P 500 by a wide margin. |
| 2022 | -3.3% | -18.2% | This was SCHD's standout year. With rate hikes crushing growth and tech stocks, its cash-rich dividend payers lost far less than the S&P 500. |
| 2021 | +29.9% | +28.7% | |
| 2020 | +15.0% | +18.3% | The COVID crash hit dividend payers along with everything else, but SCHD recovered within the year as its holdings kept paying. |
| 2019 | +27.3% | +31.2% | |
| 2018 | -5.6% | -4.6% | |
| 2017 | +20.8% | +21.7% | |
| 2016 | +16.4% | +12.0% | |
| 2015 | -0.3% | +1.2% | |
| 2014 | +11.7% | +13.5% | |
| 2013 | +32.9% | +32.3% | |
| 2012 | +11.4% | +16.0% |
SCHD: all at once or every month?
Take $12,000: all of it on day one, or $1,000 a month for a year. Across every starting month since 2011 (170 of them), the lump sum was ahead after 12 months in 138 (81%). That is lopsided: for SCHD, waiting to invest has usually cost money. The best case for monthly investing was a start in November 2024, when it finished the year 6% ahead.
Worst drop
SCHD's worst fall in this history was -21.5%, milder than the worst falls of most stock funds, from December 2019 to March 2020. It was back at the old high by August 2020, only 5 months after the bottom. $1,000 invested at that peak shrank to about $785 at the low.
SCHD has usually traded some total return for a higher yield and a smaller drop in bad years like 2022. Whether that trade is worth it depends on whether you need the income.
SCHD dividends
SCHD paid $1.06 per share over the last 12 months, quarterly. At $35.42 that is 2.98%, a moderate yield. From 2020 to 2025 the yearly payout grew +9.1% a year, well ahead of inflation. The yearly total did not fall once in the last ten years. Amounts are adjusted for splits.
| Year | Dividends / share | Change | Yield |
|---|---|---|---|
| 2025 | $1.05 | +5.2% | 3.82% |
| 2024 | $1.00 | +12.3% | 3.64% |
| 2023 | $0.89 | +3.8% | 3.49% |
| 2022 | $0.85 | +13.9% | 3.39% |
| 2021 | $0.75 | +10.9% | 2.78% |
| 2020 | $0.68 | +17.6% | 3.16% |
| 2019 | $0.57 | +19.8% | 2.98% |
| 2018 | $0.48 | +7.0% | 3.07% |
| 2017 | $0.45 | +7.0% | 2.63% |
| 2016 | $0.42 | +9.6% | 2.89% |
Yield = each year’s dividends divided by the price at the end of the year.
SCHD dividend history: last 12 payments
| Ex-dividend date | Amount | Change |
|---|---|---|
| Sep 23, 2026 | $0.2670 | +5.5% |
| Jun 24, 2026 | $0.2530 | -1.6% |
| Mar 25, 2026 | $0.2570 | -7.6% |
| Dec 10, 2025 | $0.2780 | +6.9% |
| Sep 24, 2025 | $0.2600 | +0.0% |
| Jun 25, 2025 | $0.2600 | +4.4% |
| Mar 26, 2025 | $0.2490 | -6.0% |
| Dec 11, 2024 | $0.2650 | +5.3% |
| Sep 25, 2024 | $0.2517 | -8.4% |
| Jun 26, 2024 | $0.2747 | +34.9% |
| Mar 20, 2024 | $0.2037 | -17.6% |
| Dec 06, 2023 | $0.2473 | — |
Stock splits
- October 2024: 3-for-1
About SCHD
| Issuer | Charles Schwab |
| Launched | October 2011 |
| Tracks | Dow Jones U.S. Dividend 100 |
| Expense ratio | 0.06% |
| Holdings | About 100 U.S. dividend payers |
Fund details as of 2025. Check the issuer for the current expense ratio and holdings.
SCHD holds about 100 U.S. companies that have paid a dividend for at least ten years in a row and that also score well on cash flow, return on equity and dividend growth. It is not simply the highest-yielding stocks. The screen is built to skip companies whose yield is high only because the price has collapsed.
The index is rebuilt once a year in March. That is when the biggest changes to the holdings happen, and it is why SCHD's sector mix can shift noticeably from one year to the next.
SCHD split 3-for-1 in October 2024. Prices and dividends before that date look three times larger in old charts; every number on this page is adjusted for it.
Why it is so popular
SCHD is probably the U.S. dividend ETF I hear about most from Korean investors. The appeal is easy to see in the dividend table above: the payout has grown faster than inflation in most years, the fee is tiny and the holdings are profitable, established companies. Many people treat it as the income half of a portfolio, with VOO or QQQ as the growth half.
What to watch
SCHD's strict screens make it concentrated in certain sectors at certain times, such as energy, health care and consumer staples, and it holds almost none of the large tech companies that drove the market in 2023 and 2024. That is why its return has lagged the S&P 500 in strong years. Its dividend growth also depends on the annual March rebuild, so a single year's change can be lumpy.
Questions about SCHD
How much would $10,000 invested in SCHD 15 years ago be worth today?
About $65,909 with dividends reinvested, invested at the November 2011 close: 559.1% in total, or 13.4% a year.
When does SCHD pay dividends?
In the last 12 months the payments went out in March, June, September and December, $1.06 per share in total.
Did SCHD beat the S&P 500?
No. Over the last 10 years it trailed by 1.4 percentage points a year: +13.2% a year for SCHD against +14.6% for SPY, dividends reinvested. Its worst fall was about the same as SPY's.