Inflation-Adjusted Schwab US Dividend Equity ETF (SCHD)

Nominal prices are adjusted for stock splits and assume reinvestment of any dividends to reflect total return. Inflation-adjusted prices use June 2025 as the baseline (latest available CPI).

Inflation-Adjusted Values by Month

This data presents the ETF's end-of-month closing levels over time. Inflation-adjusted figures show what past levels would be worth using roughly today's purchasing power (based on the latest CPI data). The latest entry in the table will have equal nominal and adjusted values until the next CPI figures are released.

Returns from Investing in the Schwab US Dividend Equity ETF

How much did an investment in the SCHD ETF really grow each year after accounting for inflation? The following chart contains the inflation-adjusted real annual percentage returns.

Detailed Annual Returns (Adjusted vs. Nominal)

The table below shows the returns for the Schwab US Dividend Equity ETF by year, both inflation-adjusted and nominal. You can sort any column by clicking on the header.

Schwab Us Dividend Equity Etf: Average Annualized Returns

Annualized returns show the average rate of growth per year, making it easier to compare performance across different time periods. While nominal returns indicate the headline growth, adjusting for inflation reveals the actual change in purchasing power.

This table presents both nominal and inflation-adjusted average annual returns for the Schwab US Dividend Equity over various trailing periods ending June 30, 2025, offering a clearer view of long-term, real investment performance.

Real Returns of Investing in the Schwab US Dividend Equity

The chart and table below show the nominal and inflation-adjusted value of a hypothetical $100 investment over various long-term historical periods, ending in June 2025.

The inflation-adjusted line, in green, represents the real increase in purchasing power for the initial investment. Observe the gap between both lines, which illustrates the cumulative effect of inflation over time.

Even over just five years, inflation takes a noticeable bite out of investments. Investing $100 in the Schwab US Dividend Equity five years ago yielded an 83.47% nominal gain, but the real return (the actual increase in buying power) was 47.14%.

As investment periods get longer, the difference between reported nominal returns and the inflation-adjusted gains usually becomes much greater due to the compounding effect of inflation over time.

About the Schwab US Dividend Equity ETF