HBTA vs SCHD
Horizon Expedition Plus ETF vs Schwab US Dividend Equity ETF
Which is better, HBTA or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y. HBTA is less concentrated, with 40.5% 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 | HBTA | SCHD |
|---|---|---|
| Expense Ratio | 0.86% | 0.06%Best |
| AUM | $257M | $108.9B |
| Dividend Yield | 0.58% | 3.00% |
| Holdings | 260 | 206 |
| Volatility (annualized) | - | 6.5% |
| Top 10 Weight | 40.5%Best | 41.8% |
| Fund Family | Horizon Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 22, 2025 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Max Drawdown, $10,000 over the window.
The two price series end 5099 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. HBTA has data through Oct 16, 2012 and SCHD through Oct 2, 2026.
Risk: Volatility and Drawdowns
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HBTA charges 0.86% per year while SCHD charges 0.06%. On a $10,000 position that is $86 vs $6 annually, a gap of $80 per year that compounds over a long holding period. On income, HBTA currently yields 0.58% against 3.00% for SCHD.
Holdings Overlap
4.1% of HBTA's money is in holdings SCHD also owns. 6.5% of SCHD's money is in holdings HBTA also owns.
SCHD and HBTA share little of their money.
2 positions in common, counted across the 52 positions we hold weights for in HBTA and 99 in SCHD, against full books of 260 and 206.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for HBTA (93.4% of the fund), and 31 for HBTA that do not appear in SCHD (64.8%).
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 HBTA 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, HBTA or SCHD?
HBTA has an expense ratio of 0.86% while SCHD charges 0.06%. SCHD is the cheaper option, by $80 a year on a $10,000 investment.
Should I hold both HBTA and SCHD?
HBTA and SCHD have a monthly-return correlation of 0.63, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HBTA and SCHD?
6.5% of SCHD's money is in holdings HBTA also owns. 6.5% of SCHD's is in holdings HBTA also owns. They hold 2 positions in common, counted across the 52 positions we hold weights for in HBTA and 99 in SCHD.
Which pays a higher dividend, HBTA or SCHD?
HBTA yields 0.58% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HBTA?
SCHD has a lower expense ratio. SCHD led over 1Y. HBTA is less concentrated, with 40.5% 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.