HAWG vs SCHD
HCM Hedged Equity ETF vs Schwab US Dividend Equity ETF
Which is better, HAWG or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.8%.
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 | HAWG | SCHD |
|---|---|---|
| Expense Ratio | 1.35% | 0.06%Best |
| AUM | $96M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 488 | 103 |
| YTD Return | -0.39% | +24.23%Best |
| 1Y Return | - | +27.90% |
| 3Y Return (annualized) | - | +15.55% |
| 5Y Return (annualized) | - | +9.97% |
| Top 10 Weight | 52.8% | 41.8%Best |
| Fund Family | Howard Capital Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 13, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
HAWG 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.
HAWG vs SCHD Performance
HCM Hedged Equity ETF (HAWG) is an ETF from Howard Capital Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, HAWG is down 0.39% versus a gain of 24.23% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
HAWG charges 1.35% per year while SCHD charges 0.06%. On a $10,000 position that is $135 vs $6 annually, a gap of $129 per year that compounds over a long holding period. On income, HAWG currently yields 0.00% against 3.00% for SCHD.
Holdings Overlap
5.0% of HAWG's money is in holdings SCHD also owns. 90.6% of SCHD's money is in holdings HAWG also owns.
Most of SCHD is already inside HAWG. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 488 positions we hold weights for in HAWG and 100 in SCHD, against full books of 488 and 103.
What only one of them owns
Our book lists 58 positions for SCHD that do not appear in our book for HAWG (9.3% of the fund), and 430 for HAWG that do not appear in SCHD (92.7%).
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.
Top Shared Holdings
| Stock | Weight in HAWG | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.49% | 4.70% | 4.21% |
| MRKMerck & Company Inc | 0.27% | 4.77% | 4.50% |
| ABTAbbott Laboratories | 0.14% | 4.69% | 4.55% |
| KOCoca Cola Co. | 0.25% | 4.17% | 3.92% |
| CVXChevron Corp | 0.29% | 4.02% | 3.73% |
| VZVerizon Communic | 0.15% | 3.97% | 3.82% |
| HDHome Depot Inc/The | 0.23% | 3.88% | 3.65% |
| UNHUnitedhealth Group Incorporated | 0.26% | 3.82% | 3.56% |
| PGProcter & Gamble Company | 0.25% | 3.83% | 3.58% |
| COPConocophillips Common Stock USD 0.01 | 0.12% | 3.94% | 3.82% |
90.6% of SCHD is already inside HAWG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HAWG or SCHD?
HAWG has an expense ratio of 1.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $129 a year on a $10,000 investment.
What is the holdings overlap between HAWG and SCHD?
90.6% of SCHD's money is in holdings HAWG also owns. 90.6% of SCHD's is in holdings HAWG also owns. They hold 41 positions in common, counted across the 488 positions we hold weights for in HAWG and 100 in SCHD.
Which pays a higher dividend, HAWG or SCHD?
HAWG yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HAWG?
SCHD has a lower expense ratio. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.