SCHD vs TVAL
Schwab U.S. Dividend Equity ETF compared with T. Rowe Price Value ETF on yield, payout growth, payment schedule, cost and risk.
SCHD
Schwab U.S. Dividend Equity ETF
TTM yield · Quarterly
TVAL
T. Rowe Price Value ETF
TTM yield · Annual
Quick take
- SCHD yields more today: 2.94% vs 0.94% (forward).
- TVAL has grown its payout faster: 13.7%/yr vs 2.2%/yr over the last 1 year.
- SCHD pays every quarter; TVAL pays once a year.
- SCHD has the longer streak of annual increases: 8 years vs 2.
- Over the last year TVAL delivered the higher total return: +29.4% vs +27.0% (price change plus payouts).
- SCHD is cheaper to own: 0.06% vs 0.33% expense ratio.
- SCHD has the steadier distribution: consistency 92/100 vs 68/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SCHD | TVAL |
|---|---|---|
| Share price | $34.41 | $43.22 |
| TTM yield | 3.05% | 0.94% |
| Forward yield | 2.94% | 0.94% |
| Annual payout per share | $1.012 | $0.406 |
| Payment frequency | Quarterly | Annual |
| Next ex-date | Sep 23, 2026 (est.) | Dec 25, 2026 (est.) |
| Expense ratio | 0.06% | 0.33% |
| 1-year payout growth | +2.2% | +13.7% |
| 5-year payout CAGR | +7.5% | — |
| Consecutive years of increases | 8 years | 2 years |
| Payout consistency (last 12) | 92/100 | 68/100 |
| 1-year total return | +27.0% | +29.4% |
| 1-year price return | +23.2% | +28.2% |
| Size (market cap / AUM) | 112.3B | 1.0B |
| Years paying | 14.7 | 2.7 |
| Sector / category | Large Value | Large Value |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| SCHD | TVAL | |
|---|---|---|
| Shares | 290.6 | 231.4 |
| Income per year | $294 | $94 |
| Income per month (avg) | $25 | $8 |
At forward yields, before taxes. Model SCHD · Model TVAL
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SCHD Sep 23, 2026 | Oct 7, 2026 | $0.253 | Est. |
| SCHD Dec 23, 2026 | Jan 6, 2027 | $0.253 | Est. |
| SCHD Mar 24, 2027 | Apr 7, 2027 | $0.253 | Est. |
| TVAL Dec 25, 2026 | Jan 8, 2027 | $0.406 | Est. |
Annual payouts per share
SCHDTVAL
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, SCHD or TVAL?
SCHD currently has the higher trailing yield: SCHD yields 3.05% and TVAL yields 0.94%. Yield changes daily with price, so check the live figures above.
How often do SCHD and TVAL pay?
SCHD pays every quarter and TVAL pays once a year. SCHD's next ex-date is Sep 23, 2026 and TVAL's is Dec 25, 2026.
Which has grown its dividend faster, SCHD or TVAL?
TVAL has grown its payout faster: 13.7%/yr vs 2.2%/yr over the last 1 year.
Is SCHD or TVAL better for income?
It depends on what you are optimising for. SCHD and TVAL differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.