OriginaveURTH vs SCHD: which ETF won each year?
Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.
URTH
SPYSPDR S&P 500 ETF Trusttracks the S&P 500 Index
VOOVanguard S&P 500 ETFtracks the S&P 500 Index- IVViShares Core S&P 500 ETFtracks the S&P 500 Index
- VTIVanguard Total Stock Market ETFtracks the CRSP US Total Market Index
QQQInvesco QQQ Trusttracks the Nasdaq-100 Index- QQQMInvesco NASDAQ 100 ETFtracks the Nasdaq-100 Index
- VGTVanguard Information Technology ETFtracks the MSCI US IMI Information Technology 25/50 Index
- ACWIiShares MSCI ACWI ETFtracks the MSCI ACWI Index
- VTVanguard Total World Stock ETFtracks the FTSE Global All Cap Index
- URTHiShares MSCI World ETFtracks the MSCI World Index
SCHGSchwab U.S. Large-Cap Growth ETFtracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index- SCHDSchwab U.S. Dividend Equity ETFtracks the Dow Jones U.S. Dividend 100 Index
- VTVVanguard Value ETFtracks the CRSP US Large Cap Value Index
- VUGVanguard Growth ETFtracks the CRSP US Large Cap Growth Index
- MTUMiShares MSCI USA Momentum Factor ETFtracks the MSCI USA Momentum SR Variant Index
- SPMOInvesco S&P 500 Momentum ETFtracks the S&P 500 Momentum Index
- SPHQInvesco S&P 500 Quality ETFtracks the S&P 500 Quality Index
SCHD
- SPYSPDR S&P 500 ETF Trusttracks the S&P 500 Index
- VOOVanguard S&P 500 ETFtracks the S&P 500 Index
- IVViShares Core S&P 500 ETFtracks the S&P 500 Index
- VTIVanguard Total Stock Market ETFtracks the CRSP US Total Market Index
- QQQInvesco QQQ Trusttracks the Nasdaq-100 Index
- QQQMInvesco NASDAQ 100 ETFtracks the Nasdaq-100 Index
- VGTVanguard Information Technology ETFtracks the MSCI US IMI Information Technology 25/50 Index
- ACWIiShares MSCI ACWI ETFtracks the MSCI ACWI Index
- VTVanguard Total World Stock ETFtracks the FTSE Global All Cap Index
- URTHiShares MSCI World ETFtracks the MSCI World Index
- SCHGSchwab U.S. Large-Cap Growth ETFtracks the Dow Jones U.S. Large-Cap Growth Total Stock Market Index
- SCHDSchwab U.S. Dividend Equity ETFtracks the Dow Jones U.S. Dividend 100 Index
- VTVVanguard Value ETFtracks the CRSP US Large Cap Value Index
- VUGVanguard Growth ETFtracks the CRSP US Large Cap Growth Index
- MTUMiShares MSCI USA Momentum Factor ETFtracks the MSCI USA Momentum SR Variant Index
- SPMOInvesco S&P 500 Momentum ETFtracks the S&P 500 Momentum Index
- SPHQInvesco S&P 500 Quality ETFtracks the S&P 500 Quality Index
URTH tracks the MSCI World IndexSCHD tracks the Dow Jones U.S. Dividend 100 Index
What did the last 10 years do to $10,000?
You invest $10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted.
URTH vs SCHD, year by year
Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.
| Year | URTH | SCHD | Winner |
|---|---|---|---|
| 2026 (so far) | +11.76% | +21.51% | SCHD |
| 2025 | +21.36% | +4.34% | URTH |
| 2024 | +18.66% | +11.66% | URTH |
| 2023 | +23.95% | +4.54% | URTH |
| 2022 | -17.97% | -3.26% | SCHD |
| 2021 | +22.27% | +29.88% | SCHD |
| 2020 | +15.78% | +15.03% | URTH |
| 2019 | +28.15% | +27.29% | URTH |
| 2018 | -8.56% | -5.56% | SCHD |
| 2017 | +22.95% | +20.85% | URTH |
| 2016 | +7.31% | +16.45% | SCHD |
| 2015 | -0.64% | -0.30% | SCHD |
| 2014 | +4.37% | +11.68% | SCHD |
| 2013 | +26.66% | +32.88% | SCHD |
| 2012 | +14.71% | +11.39% | URTH |
| 2011 | — | +5.31% | — |
URTH vs SCHD in plain words
URTH tracks the MSCI World Index while SCHD follows the Dow Jones U.S. Dividend 100 Index, so they own different slices of the market and their years can look very different. URTH charges 0.24% a year in running costs and SCHD charges 0.06% — SCHD is the cheaper fund to hold.
Both funds distribute: dividends land in your account as cash instead of being reinvested automatically. Across the 15 calendar years both funds were trading, URTH finished the year ahead 7 times and SCHD 8 times. $10,000 invested at the start of 2016 was worth $32,044 in URTH versus $29,781 in SCHD by the end of 2025, dividends reinvested.
Fund facts: URTH vs SCHD
| Fact | URTH | SCHD |
|---|---|---|
| Fund | iShares MSCI World ETF | Schwab U.S. Dividend Equity ETF |
| Tracks | MSCI World Index | Dow Jones U.S. Dividend 100 Index |
| Yearly cost (TER) | 0.24% | 0.06% |
| Dividends | Distributing — dividends paid out | Distributing — dividends paid out |
| Launched | 10 Jan 2012 | 20 Oct 2011 |
| $10,000 invested | What $10,000 in URTH became | What $10,000 in SCHD became |
How bumpy the ride was: URTH vs SCHD
These head-to-head figures use only the 3,704 trading days both funds were listed: 12 Jan 2012 to 6 Oct 2026, roughly 14.7 years.
URTH swung more than SCHD: annualised volatility of 16.9% for URTH against 15.3% for SCHD, with URTH moving 1% or more on 23.5% of trading days and SCHD on 19.6%. URTH's worst day was -11.38% on 16 Mar 2020; SCHD's was -9.95% on 12 Mar 2020.
URTH had the deeper drawdown: it fell -34.01% from its peak on 12 Feb 2020 to a low on 23 Mar 2020, then closed back above the old peak on 24 Aug 2020, 5 months after the low; SCHD fell -33.37% from its peak on 23 Jan 2020 to a low on 23 Mar 2020, then closed back above the old peak on 2 Sept 2020, 5 months after the low.
Day to day the two often go their own way: the correlation of their daily returns is 0.79, and they closed in opposite directions on 21.1% of the 3,703 days measured. The widest single-day gap came on 12 Jun 2013, when URTH moved +4.18% and SCHD -0.75%.
| Measure | URTH | SCHD |
|---|---|---|
| Annualised volatility | 16.9% | 15.3% |
| Worst day | -11.38% on 16 Mar 2020 | -9.95% on 12 Mar 2020 |
| Best day | +9.10% on 24 Mar 2020 | +8.79% on 13 Mar 2020 |
| Days moving 1% or more | 23.5% of days | 19.6% of days |
| Deepest drawdown | -34.01% | -33.37% |
| Peak to trough | 12 Feb 2020 → 23 Mar 2020 | 23 Jan 2020 → 23 Mar 2020 |
| Back above the old peak | 24 Aug 2020 · 5 months | 2 Sept 2020 · 5 months |
Years URTH and SCHD parted ways
In 8 of the 14 completed calendar years both funds were trading, the two returns ended more than 5 points apart. The widest split was 2023: URTH returned +23.95% and SCHD +4.54%, a gap of 19.4 points. They rose together in 11 years and fell together in 3 years.
| Year | URTH | SCHD | Gap (URTH − SCHD) |
|---|---|---|---|
| 2025 | +21.36% | +4.34% | +17.0 pts |
| 2024 | +18.66% | +11.66% | +7.0 pts |
| 2023 | +23.95% | +4.54% | +19.4 pts |
| 2022 | -17.97% | -3.26% | -14.7 pts |
| 2021 | +22.27% | +29.88% | -7.6 pts |
| 2016 | +7.31% | +16.45% | -9.1 pts |
| 2014 | +4.37% | +11.68% | -7.3 pts |
| 2013 | +26.66% | +32.88% | -6.2 pts |
How often URTH beat SCHD over any 12 months
Across the 165 rolling 12-month windows since January 2012, measured month-end to month-end, URTH finished ahead in 43.6% of them (72) and SCHD in 56.4% (93).
$200 a month into each, 2013–2025
Putting $200 into each fund at the start of every month from January 2013 to December 2025 (156 payments, $31,200 in total) would have grown to $72,749 in URTH and $65,118 in SCHD, leaving URTH $7,631 ahead.
| Outcome | URTH | SCHD |
|---|---|---|
| Paid in | $31,200 | $31,200 |
| Value at the end of 2025 | $72,749 | $65,118 |
| Gain on the money paid in | +$41,549 | +$33,918 |
| Gain in % | +133.17% | +108.71% |
Each payment rides the return of the month it lands in, dividends reinvested. Only calendar years with all twelve months of data for both funds count, so the plan may start later than the shared history.
Frequently asked
Is URTH or SCHD better?
Across the 15 calendar years both funds were trading, URTH finished the year ahead 7 times and SCHD 8 times. $10,000 invested at the start of 2016 was worth $32,044 in URTH versus $29,781 in SCHD by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.
What is the difference between URTH and SCHD?
URTH tracks the MSCI World Index while SCHD follows the Dow Jones U.S. Dividend 100 Index, so they own different slices of the market and their years can look very different. URTH charges 0.24% a year in running costs and SCHD charges 0.06% — SCHD is the cheaper fund to hold. Both funds distribute: dividends land in your account as cash instead of being reinvested automatically.
Which is more volatile, URTH or SCHD?
URTH swung more than SCHD: annualised volatility of 16.9% for URTH against 15.3% for SCHD, with URTH moving 1% or more on 23.5% of trading days and SCHD on 19.6%. URTH's worst day was -11.38% on 16 Mar 2020; SCHD's was -9.95% on 12 Mar 2020.
Which had the deeper drawdown, URTH or SCHD?
URTH had the deeper drawdown: it fell -34.01% from its peak on 12 Feb 2020 to a low on 23 Mar 2020, then closed back above the old peak on 24 Aug 2020, 5 months after the low; SCHD fell -33.37% from its peak on 23 Jan 2020 to a low on 23 Mar 2020, then closed back above the old peak on 2 Sept 2020, 5 months after the low.
How often did URTH beat SCHD over a 12-month period?
Across the 165 rolling 12-month windows since January 2012, measured month-end to month-end, URTH finished ahead in 43.6% of them (72) and SCHD in 56.4% (93).
What would $10,000 in URTH have become?
$10,000 invested in URTH at the start of 2016 grew to $32,044 by the end of 2025, with dividends reinvested — an average of 12.4% per year.
Related comparisons
More head-to-heads featuring URTH or SCHD.
Source: Yahoo Finance daily adjusted closes for the US primary listings, dividends reinvested. Prices through · refreshed 7 Oct 2026, 08:49 UTC. How every number is calculated.