We read the footnotes.

SCHD Alternatives for Dividend Growth and Income

SCHD led peers with a 2.95% trailing income yield and a 23.36% NAV return for the year to Sept 30, 2026, metrics none of the four alternatives matched Expenses and trailing cash on $10,000: SCHD 0.06% $295; DGRO 0.08% $184; VIG 0.04% $147; VYM 0.04% $224; TBG 0.45% $241 Five-year distribution growth (2020-25): SCHD 9.2%, DGRO 7.1%, VIG 9.1%, VYM 3.8%, TBG NA; Jan-Sep 2026 vs 2025: SCHD 0.8%, DGRO 4.3%, VIG 3.3%, VYM 6.8%, TBG 12.6% 30-day SEC yields diverge from trailing income - SCHD 3.09% (Oct 29), DGRO 2.07%, VIG 1.51%, VYM 2.35%, TBG 3.55% (Sep 30); treat TBG's SEC yield with caution Illustrative cash tradeoff - with DGRO at 7% growth vs SCHD 4%, DGRO matches SCHD's annual payout in year 18 and cumulative cash in year 28, showing decades can be required to close an income gap

GGlenn Ford/Nov 1, 2026