SDY - SCHD Vs. SDY: This Might Be The Best Dividend ETF June, 21 2021 11:17 AM SPDR S&P Dividend SCHD has a better dividend yield. SDY holds higher graded dividend stocks. Both ETFs track similar indexes. SCHD has shown flexibility in quickly changing market conditions. For further details see: SCHD Vs. SDY: This Might Be The Best Dividend ETF