HEFT vs SCHD
Hedgeye Fourth Turning ETF vs Schwab US Dividend Equity ETF
Which is better, HEFT or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y.
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 | HEFT | SCHD |
|---|---|---|
| Expense Ratio | 0.70% | 0.06%Best |
| AUM | $75M | $119.9B |
| Dividend Yield | 0.02% | 2.96% |
| Holdings | 132 | 204 |
| YTD Return | +1.28% | +29.95%Best |
| 1Y Return | +3.10% | +37.26%Best |
| 3Y Return (annualized) | - | +19.10% |
| 5Y Return (annualized) | - | +9.87% |
| Volatility (annualized) | 10.2%Best | 17.1% |
| Fund Family | Hedgeye Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 20, 2025 | Oct 20, 2011 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
HEFT 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.
HEFT vs SCHD Performance
Hedgeye Fourth Turning ETF (HEFT) is an ETF from Hedgeye Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HEFT returned +3.10% while SCHD returned +37.26%. Year to date, HEFT is up 1.28% versus a gain of 29.95% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 10.2% for HEFT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HEFT charges 0.70% per year while SCHD charges 0.06%. On a $10,000 position that is $70 vs $6 annually, a gap of $64 per year that compounds over a long holding period. On income, HEFT currently yields 0.02% against 2.96% for SCHD.
You are not choosing between two funds in isolation.
Whichever of HEFT 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, HEFT or SCHD?
HEFT has an expense ratio of 0.70% while SCHD charges 0.06%. SCHD is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, HEFT or SCHD?
Over the past year HEFT returned +3.10% vs +37.26% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEFT or SCHD?
SCHD has been the more volatile fund at 17.1% annualized versus 10.2% for HEFT.
Should I hold both HEFT and SCHD?
HEFT and SCHD have a monthly-return correlation of 0.61, 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, HEFT or SCHD?
HEFT yields 0.02% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HEFT?
SCHD has a lower expense ratio. SCHD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.