HEJD vs SCHD
VictoryShares Hedged Equity Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HEJD offers more diversification with 204 holdings.
Side-by-Side Comparison
| Metric | HEJD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.06% | |
| AUM | $38M | $108.7B | |
| Dividend Yield | 4.26% | 3.13% | |
| Holdings | 204 | 104 | |
| YTD Return | +3.26% | +26.54% | |
| 1Y Return | +8.35% | +30.90% | |
| 3Y Return (annualized) | - | +16.29% | |
| 5Y Return (annualized) | - | +9.65% | |
| Volatility (annualized) | 4.5% | 13.6% | |
| Max Drawdown | -10.3% | -33.4% | |
| Fund Family | Victory Capital Management Inc. | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 10, 2024 | Oct 20, 2011 |
HEJD vs SCHD Performance
VictoryShares Hedged Equity Income ETF (HEJD) is a ETF from Victory Capital Management Inc. and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HEJD returned +8.35% while SCHD returned +30.90%. Year to date, HEJD is up 3.26% versus a gain of 26.54% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 -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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
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
HEJD and SCHD share 43 holdings out of 256 unique holdings combined, representing a 17.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $49 per year of difference.
Which performed better, HEJD or SCHD?
Over the past year HEJD returned +8.35% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), HEJD annualized +9.10% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, HEJD or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 4.5% for HEJD. Worst drawdown: HEJD -10.3% vs SCHD -33.4%.
Should I hold both HEJD and SCHD?
HEJD and SCHD have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HEJD and SCHD?
HEJD and SCHD share 43 common holdings with a 17.1% weight overlap. Combined, they hold 256 unique securities.
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.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.