---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/39424710.md"
description: "During a stock market crash, ETFs are generally more reliable.Especially high-dividend ETFs.1. Complementary stock selection logic： SCHD selects leading companies with "high quality + continuous dividends," while VYM selects targets with "high dividend yield + full market coverage." Their overlap is only about 30%. Holding both simultaneously can cover both "quality-type" and "high-yield-type" high-dividend assets.​2. Complementary industry structure： SCHD has a higher proportion of technology and consumer sectors, giving it stronger growth attributes. VYM has a higher proportion of financial and energy sectors, giving it stronger cyclical/defensive attributes. The combination can smooth out volatility from a single sector.​3. Complementary risk and return： SCHD has lower volatility and more stable long-term returns. VYM has a slightly higher dividend yield and stronger cyclical elasticity. The combination achieves a balance between "stable returns" and "high dividends.""
datetime: "2026-03-21T12:23:15.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39424710.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39424710.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39424710.md)
author: "[浩浩荡荡](https://longbridge.com/en/profiles/19784218.md)"
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/topics/39424710.md) | [繁體中文](https://longbridge.com/zh-HK/topics/39424710.md)


# During a stock market crash, ETFs are generally mo…


### Related Stocks

- [Vanguard High Dividend Yield ETF (VYM.US)](https://longbridge.com/en/quote/VYM.US.md)
- [Schwab US Dividend Equity ETF™ (SCHD.US)](https://longbridge.com/en/quote/SCHD.US.md)