HEJD vs SCHD
VictoryShares Hedged Equity Income ETF vs Schwab US Dividend Equity ETF
Which is better, HEJD or SCHD?
All Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | HEJD | SCHD |
|---|---|---|
| Expense Ratio | 0.55% | 0.06%Best |
| AUM | $38M | $112.2B |
| Dividend Yield | 4.26% | 3.13% |
| Holdings | 204 | 103 |
| Volatility (annualized) | 4.5%Best | 12.8% |
| Max Drawdown | -10.3%Best | -16.1% |
| $10,000 over 1.6 years | $11,495 | $11,892Best |
| Fund Family | Victory Capital Management Inc. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Value |
| Inception | Jul 10, 2024 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 218 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. HEJD has data through Jan 29, 2026 and SCHD through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Jul 11, 2024 to Jan 29, 2026 (1.6 years).
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 4.5% for HEJD. 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 -10.3% for HEJD and -16.1% 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 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HEJD charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, HEJD currently yields 4.26% against 3.13% for SCHD.
Holdings Overlap
At least 45.8% of SCHD's money is in holdings HEJD also owns.
Stated as a floor: for HEJD, our book for it covers 89.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
The two holdings books were reported 280 days apart, HEJD as of Oct 31, 2025 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
43 positions in common, counted across the 199 positions we hold weights for in HEJD and 100 in SCHD, against full books of 204 and 103.
Top Shared Holdings
| Stock | Weight in HEJD | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 1.67% | 4.26% | 2.59% |
| PEPPepsico Inc. | 1.79% | 3.71% | 1.92% |
| VZVerizon Communic | 1.55% | 3.84% | 2.29% |
| AMGNAmgen Inc. | 0.67% | 4.62% | 3.95% |
| MOAltria Group Inc | 1.50% | 2.86% | 1.36% |
| BMYBristol-Myers Squibb Co. | 0.48% | 3.31% | 2.83% |
| COPConocophillips Common Stock USD 0.01 | 0.20% | 3.59% | 3.39% |
| CMCSAComcast Corp-class A Cmcsa | 0.35% | 2.26% | 1.91% |
| TGTTarget Corp-1477 | 0.70% | 1.70% | 1.00% |
| SLBSchlumberger Nv. | 0.26% | 1.89% | 1.63% |
45.8% of SCHD is already inside HEJD.
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, HEJD or SCHD?
HEJD has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option, by $49 a year on a $10,000 investment.
Which is riskier, HEJD or SCHD?
SCHD has been the more volatile fund at 12.8% annualized versus 4.5% for HEJD. Worst drawdown: HEJD -10.3% vs SCHD -16.1%.
Should I hold both HEJD and SCHD?
HEJD and SCHD have a monthly-return correlation of 0.57, 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 HEJD and SCHD?
At least 45.8% of SCHD's money is in holdings HEJD also owns. Our book for HEJD is partial, so the real figure is this or higher. They hold 43 positions in common, counted across the 199 positions we hold weights for in HEJD and 100 in SCHD.
Which pays a higher dividend, HEJD or SCHD?
HEJD yields 4.26% while SCHD yields 3.13%, so HEJD currently pays the higher dividend yield.
Is SCHD better than HEJD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.