ETF Comparison

CGDV vs SCHD: Which Is the Better Pick in 2026?

A head-to-head comparison of Capital Group Dividend Value ETF and Schwab U.S. Dividend Equity ETF covering yield, cost, risk, and income potential.

Data updated July 15, 2026

Capital Group

ETFs25

Total AUM$146B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Capital Group is one of the largest ETF providers, known for offering diversified fund solutions across multiple asset classes and investment strategies. The company manages 291 ETFs organized across seven fund families including Allocation, American Funds, Bond, Dividend, Equity, International, and Municipal, enabling investors to build comprehensive portfolios from income-focused to growth-oriented strategies. Capital Group's broad lineup and established presence across equity, fixed income, and diversified allocation categories position it as a significant player serving both individual and institutional investors with varied investment objectives.

See our curated list of related YouTube videos on CGDV.

See all Capital Group ETFs

Schwab

ETFs34

Total AUM$574B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Schwab is known for offering low-cost, broad-based ETFs that serve both core portfolio holdings and specialized investment strategies. Their 33-fund lineup spans multiple asset classes including bonds, equities, international markets, digital assets, and factor-based strategies, with a notable emphasis on dividend-focused funds like SCHD alongside core index options. The issuer emphasizes accessibility for individual investors through competitive expense ratios and a diverse range of fund families designed to support various investment objectives.

See our curated list of related YouTube videos on SCHD.

See all Schwab ETFs

Side-by-side snapshot

	CGDV	SCHD
Full name	Capital Group Dividend Value ETF	Schwab U.S. Dividend Equity ETF
Issuer	Capital Group	Schwab
Last Close	$49.01 as of July 15, 2026	$32.20 as of July 15, 2026
Distribution yield	1.20%	3.14%
Distribution Safety Score	99	100
Expense ratio	0.33%	0.06%
AUM	$35.5B	$95.2B
Distribution frequency	Quarterly	Quarterly
Underlying index	Actively managed basket of U.S. dividend-paying equities	Dow Jones U.S. Dividend 100 Index
Objective	Actively managed portfolio seeking dividend-paying U.S. companies with attractive valuations.	Seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index, which measures the performance of high dividend yielding stocks issued by U.S. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios.
Asset class	Equity	Equity
Inception date	02/22/2022	10/20/2011
Beta	0.85	0.58
Last dividend	$0.1470	$0.2525
Ex-dividend date	06/30/2026	06/24/2026

Bottom lineChoose CGDV if you want a quality-dividend tilt rather than the whole market. Choose SCHD if you want higher current income (3.14% vs 1.20% for CGDV).

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

CGDV (Capital Group Dividend Value ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both quarterly-pay dividend ETFs, but they take different approaches.

SCHD offers the higher yield at 3.14% vs 1.20% for CGDV. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

SCHD is cheaper with an expense ratio of 0.06% compared to 0.33%.

They track different benchmarks: CGDV is linked to Actively managed basket of U.S. dividend-paying equities while SCHD tracks Dow Jones U.S. Dividend 100 Index, which means their performance drivers differ.

SCHD is the larger fund by assets ($95.2B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, CGDV would generate roughly $10.00/month, while SCHD would produce $26.17/month, at current distribution rates. Both pay quarterly distributions.

CGDV yield1.20%

SCHD yield3.14%

Monthly diff on $10K$16.17

Cost & efficiency

Over 10 years on $10,000, CGDV would cost approximately $330 in fees vs $60 for SCHD (simplified, not compounded). The $270.00 difference may be offset by yield or performance.

CGDV ER0.33%

SCHD ER0.06%

Strategy & risk

CGDV tracks Actively managed basket of U.S. dividend-paying equities with a dividend approach, while SCHD tracks Dow Jones U.S. Dividend 100 Index. Beta is 0.85 for CGDV and 0.58 for SCHD, indicating SCHD is less volatile relative to the market.

CGDV beta0.85

SCHD beta0.58

Fund details

CGDV is managed by Capital Group (launched 02/22/2022) with $35.5B in assets. SCHD is managed by Schwab (launched 10/20/2011) with $95.2B in assets.

CGDV AUM$35.5B

SCHD AUM$95.2B

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Frequently asked questions

Is CGDV or SCHD better for dividend income?

It depends on your goals. SCHD currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between CGDV and SCHD?

CGDV (Capital Group Dividend Value ETF) tracks Actively managed basket of U.S. dividend-paying equities with a dividend approach, while SCHD (Schwab U.S. Dividend Equity ETF) tracks Dow Jones U.S. Dividend 100 Index. They are issued by Capital Group and Schwab respectively.

Can I hold both CGDV and SCHD?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, CGDV or SCHD?

CGDV has an expense ratio of 0.33% while SCHD charges 0.06%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in CGDV vs SCHD generate?

At current rates, $10,000 in CGDV would generate roughly $10.00 per month ($120.00 annually). The same in SCHD would produce about $26.17 per month ($314.00 annually).

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