GHYB vs SCHD
Goldman Sachs Access High Yield Corporate Bond ETF vs Schwab US Dividend Equity ETF
Which is better, GHYB or SCHD?
High Yield Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | GHYB | SCHD |
|---|---|---|
| Expense Ratio | 0.15% | 0.06%Best |
| AUM | $142M | $112.1B |
| Dividend Yield | 6.70% | 3.00% |
| Holdings | 920 | 103 |
| YTD Return | +0.83% | +25.07%Best |
| 1Y Return | +2.30% | +27.61%Best |
| 3Y Return (annualized) | +7.97% | +15.74%Best |
| 5Y Return (annualized) | +3.53% | +9.89%Best |
| Volatility (annualized) | 7.8%Best | 16.0% |
| Max Drawdown | -22.2%Best | -33.4% |
| $10,000 over 5 years | $11,894 | $16,025Best |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Sep 5, 2017 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 7, 2017 to Sep 11, 2026 (9 years).
GHYB 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 covers the 9 years both funds cover.
GHYB vs SCHD Performance
Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) is an ETF from Goldman Sachs Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GHYB returned +2.30% while SCHD returned +27.61%. Year to date, GHYB is up 0.83% versus a gain of 25.07% for SCHD.
Over three years, GHYB compounded at +7.97% per year against +15.74% for SCHD; over five years the annualized figures are +3.53% and +9.89% respectively. Across the full 9-year window we track, SCHD has the edge at +11.65% annualized vs +2.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 7.8% for GHYB. 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 -22.2% for GHYB 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GHYB charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, GHYB currently yields 6.70% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 750 holdings in GHYB and 100 in SCHD, totalling 79.3% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 750 positions we hold weights for in GHYB and 100 in SCHD, against full books of 920 and 103.
You are not choosing between two funds in isolation.
Whichever of GHYB 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, GHYB or SCHD?
GHYB has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, GHYB or SCHD?
Over the past year GHYB returned +2.30% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), GHYB annualized +2.29% vs +11.65% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GHYB or SCHD?
SCHD has been the more volatile fund at 16.0% annualized versus 7.8% for GHYB. Worst drawdown: GHYB -22.2% vs SCHD -33.4%.
Should I hold both GHYB and SCHD?
GHYB and SCHD have a monthly-return correlation of 0.72, 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, GHYB or SCHD?
GHYB yields 6.70% while SCHD yields 3.00%, so GHYB currently pays the higher dividend yield.
Is SCHD better than GHYB?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.