HECO vs SCHD
State Street Galaxy Hedged Digital Asset Ecosystem ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. HECO delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | HECO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.90% | 0.06% | |
| AUM | $82M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 150 | 104 | |
| YTD Return | +47.37% | +25.33% | |
| 1Y Return | +81.83% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 50.1% | 13.6% | |
| Max Drawdown | -44.6% | -33.4% | |
| Fund Family | SPDR State Street Global Advisors | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Sep 9, 2024 | Oct 20, 2011 |
HECO vs SCHD Performance
State Street Galaxy Hedged Digital Asset Ecosystem ETF (HECO) is a ETF from SPDR State Street Global Advisors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HECO returned +81.83% while SCHD returned +32.31%. Year to date, HECO is up 47.37% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
HECO has been the more volatile fund, with annualized monthly volatility of 50.1% compared with 13.6% for SCHD. 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 -44.6% for HECO and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HECO charges 0.90% per year while SCHD charges 0.06%. On a $10,000 position that is $90 vs $6 annually, a gap of $84 per year that compounds over a long holding period. On income, HECO currently yields 0.00% against 3.31% for SCHD.
Holdings Overlap
HECO and SCHD share 0 holdings out of 132 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HECO or SCHD?
HECO has an expense ratio of 0.90% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $84 per year of difference.
Which performed better, HECO or SCHD?
Over the past year HECO returned +81.83% vs +32.31% for SCHD, so HECO leads on 1-year performance. Over the longest common window we track (2 years), HECO annualized +62.48% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, HECO or SCHD?
HECO has been the more volatile fund at 50.1% annualized versus 13.6% for SCHD. Worst drawdown: HECO -44.6% vs SCHD -33.4%.
Should I hold both HECO and SCHD?
HECO and SCHD have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HECO and SCHD?
HECO and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 132 unique securities.
Which pays a higher dividend, HECO or SCHD?
HECO yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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