HEGD vs SCHD
Swan Hedged Equity US Large Cap ETF vs Schwab US Dividend Equity ETF
Which is better, HEGD or SCHD?
Large Cap Blend 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 | HEGD | SCHD |
|---|---|---|
| Expense Ratio | 0.87% | 0.06%Best |
| AUM | $731M | $112.1B |
| Dividend Yield | 0.33% | 3.00% |
| Holdings | 10 | 103 |
| YTD Return | +4.90% | +24.04%Best |
| 1Y Return | +7.70% | +27.95%Best |
| 3Y Return (annualized) | +12.98% | +15.51%Best |
| 5Y Return (annualized) | +7.57% | +9.80%Best |
| Volatility (annualized) | 8.7%Best | 14.7% |
| Max Drawdown | -14.6%Best | -16.9% |
| $10,000 over 5 years | $14,403 | $15,959Best |
| Fund Family | Swan Capital Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 22, 2020 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 23, 2020 to Sep 16, 2026 (5.7 years).
HEGD 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 5.7 years both funds cover.
HEGD vs SCHD Performance
Swan Hedged Equity US Large Cap ETF (HEGD) is an ETF from Swan Capital Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HEGD returned +7.70% while SCHD returned +27.95%. Year to date, HEGD is up 4.90% versus a gain of 24.04% for SCHD.
Over three years, HEGD compounded at +12.98% per year against +15.51% for SCHD; over five years the annualized figures are +7.57% and +9.80% respectively. Across the full 6-year window we track, SCHD has the edge at +12.18% annualized vs +9.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 8.7% for HEGD. 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 -14.6% for HEGD and -16.9% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HEGD charges 0.87% per year while SCHD charges 0.06%. On a $10,000 position that is $87 vs $6 annually, a gap of $81 per year that compounds over a long holding period. On income, HEGD currently yields 0.33% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in HEGD and 100 in SCHD, totalling 93.7% 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 2 positions we hold weights for in HEGD and 100 in SCHD, against full books of 10 and 103.
You are not choosing between two funds in isolation.
Whichever of HEGD 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, HEGD or SCHD?
HEGD has an expense ratio of 0.87% while SCHD charges 0.06%. SCHD is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, HEGD or SCHD?
Over the past year HEGD returned +7.70% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), HEGD annualized +9.02% vs +12.18% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEGD or SCHD?
SCHD has been the more volatile fund at 14.7% annualized versus 8.7% for HEGD. Worst drawdown: HEGD -14.6% vs SCHD -16.9%.
Should I hold both HEGD and SCHD?
HEGD and SCHD have a monthly-return correlation of 0.65, 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, HEGD or SCHD?
HEGD yields 0.33% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HEGD?
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.