BHK vs SCHD
BlackRock Core Bond Trust vs Schwab US Dividend Equity ETF
Which is better, BHK or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. BHK is less concentrated, with 32.2% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BHK | SCHD |
|---|---|---|
| Expense Ratio | 3.68% | 0.06%Best |
| AUM | $667M | $112.1B |
| Dividend Yield | 9.66% | 3.00% |
| Holdings | 1,627 | 103 |
| YTD Return | -2.25% | +24.59%Best |
| 1Y Return | -2.27% | +28.14%Best |
| 3Y Return (annualized) | +3.73% | +15.58%Best |
| 5Y Return (annualized) | -4.43% | +9.90%Best |
| Volatility (annualized) | 12.5%Best | 13.6% |
| Max Drawdown | -39.6% | -33.4%Best |
| $10,000 over 5 years | $7,973 | $16,032Best |
| Top 10 Weight | 32.2%Best | 41.8% |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Nov 30, 2001 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 10, 2026 (14.9 years).
BHK vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BHK vs SCHD Performance
BlackRock Core Bond Trust (BHK) is an ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BHK returned -2.27% while SCHD returned +28.14%. Year to date, BHK is down 2.25% versus a gain of 24.59% for SCHD.
Over three years, BHK compounded at +3.73% per year against +15.58% for SCHD; over five years the annualized figures are -4.43% and +9.90% respectively. Across the full 15-year window we track, SCHD has the edge at +11.34% annualized vs +0.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.5% for BHK. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -39.6% for BHK and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BHK charges 3.68% per year while SCHD charges 0.06%. On a $10,000 position that is $368 vs $6 annually, a gap of $362 per year that compounds over a long holding period. On income, BHK currently yields 9.66% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1,063 holdings in BHK and 100 in SCHD, totalling 102.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 243 days apart, BHK as of Dec 31, 2025 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 1,063 positions we hold weights for in BHK and 100 in SCHD, against full books of 1,627 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for BHK (99.9% of the fund), and 973 for BHK that do not appear in SCHD (102.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BHK and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BHK or SCHD?
BHK has an expense ratio of 3.68% while SCHD charges 0.06%. SCHD is the cheaper option, by $362 a year on a $10,000 investment.
Which performed better, BHK or SCHD?
Over the past year BHK returned -2.27% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), BHK annualized +0.37% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BHK or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.5% for BHK. Worst drawdown: BHK -39.6% vs SCHD -33.4%.
Should I hold both BHK and SCHD?
BHK and SCHD have a monthly-return correlation of 0.50, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BHK or SCHD?
BHK yields 9.66% while SCHD yields 3.00%, so BHK currently pays the higher dividend yield.
Is SCHD better than BHK?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. BHK is less concentrated, with 32.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.