SCHD vs SCHE
Schwab U.S. Dividend Equity ETF vs Schwab Emerging Markets Equity ETF
Last updated: 2026-04-10
Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund issued by Schwab that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 3.44%. Launched in 2011, the fund has a 15-year track record.
Schwab Emerging Markets Equity ETF (SCHE) is an exchange-traded fund issued by Schwab that provides exposure to stocks in emerging market economies with higher growth potential. It charges a low expense ratio of 0.07%. The fund offers an attractive dividend yield of 2.73%. Launched in 2010, the fund has a 16-year track record.
Quick Verdict
Both funds have nearly identical expense ratios (0.06% vs 0.07%), so fees are not a differentiator here. Over the past year, SCHE has significantly outperformed with a 35.1% return vs 22.8%. Income investors may prefer SCHD for its higher yield (3.4% vs 2.7%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 9 holdings overlap (0% overlap in top holdings)
SCHD Top Holdings
| Name | Weight |
|---|---|
| Chevron CorporationCVX | 4.41% |
| ConocoPhillipsCOP | 4.28% |
| Merck & Co., Inc.MRK | 4.15% |
| The Coca-Cola CompanyKO | 4.08% |
| Texas Instruments IncorporatedTXN | 4.07% |
| UnitedHealth Group IncorporatedUNH | 3.98% |
| Verizon Communications Inc.VZ | 3.96% |
| PepsiCo, Inc.PEP | 3.95% |
| Abbott LaboratoriesABT | 3.73% |
| Amgen Inc.AMGN | 3.73% |
SCHE Top Holdings
| Name | Weight |
|---|---|
| Taiwan Semiconductor Manufacturing Company Limited!tpe/2330 | 14.12% |
| Tencent Holdings Limited!hkg/0700 | 3.97% |
| Alibaba Group Holding Limited!otc/BABAF | 2.78% |
| Reliance Industries Limited!nse/RELIANCE | 0.98% |
| China Construction Bank Corporation!hkg/0939 | 0.96% |
| HDFC Bank Limited!nse/HDFCBANK | 0.96% |
| Delta Electronics, Inc.!tpe/2308 | 0.88% |
| PDD Holdings Inc.PDD | 0.79% |
| Hon Hai Precision Industry Co., Ltd.!tpe/2317 | 0.75% |
Which One Should You Choose?
Choose SCHE if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose SCHD if...
you prioritize dividend income and want higher regular distributions from your portfolio.