HERD vs SCHD
Pacer Cash Cows Fund of Funds ETF vs Schwab US Dividend Equity ETF
Which is better, HERD or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. HERD led over 3Y, 5Y and the full window, SCHD 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 | HERD | SCHD |
|---|---|---|
| Expense Ratio | 0.74% | 0.06%Best |
| AUM | $108M | $112.2B |
| Dividend Yield | 2.73% | 3.13% |
| Holdings | 7 | 103 |
| YTD Return | +18.50% | +27.56%Best |
| 1Y Return | +26.31% | +30.29%Best |
| 3Y Return (annualized) | +16.43%Best | +16.37% |
| 5Y Return (annualized) | +11.10%Best | +10.23% |
| Volatility (annualized) | 18.3% | 16.2%Best |
| Max Drawdown | -39.4% | -33.4%Best |
| $10,000 over 5 years | $16,927Best | $16,274 |
| Top 10 Weight | - | 41.5% |
| Fund Family | Pacer ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | May 3, 2019 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: May 7, 2019 to Sep 4, 2026 (7.3 years).
HERD 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 7.3 years both funds cover.
HERD vs SCHD Performance
Pacer Cash Cows Fund of Funds ETF (HERD) is an ETF from Pacer ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HERD returned +26.31% while SCHD returned +30.29%. Year to date, HERD is up 18.50% versus a gain of 27.56% for SCHD.
Over three years, HERD compounded at +16.43% per year against +16.37% for SCHD; over five years the annualized figures are +11.10% and +10.23% respectively. Across the full 7-year window we track, HERD has the edge at +13.38% annualized vs +12.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HERD has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 16.2% 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 -39.4% for HERD and -33.4% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HERD charges 0.74% per year while SCHD charges 0.06%. On a $10,000 position that is $74 vs $6 annually, a gap of $68 per year that compounds over a long holding period. On income, HERD currently yields 2.73% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 6 holdings in HERD and 100 in SCHD, totalling 100.0% 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 6 positions we hold weights for in HERD and 100 in SCHD, against full books of 7 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for HERD (99.9% of the fund), and 6 for HERD that do not appear in SCHD (100.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of HERD 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, HERD or SCHD?
HERD has an expense ratio of 0.74% while SCHD charges 0.06%. SCHD is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, HERD or SCHD?
Over the past year HERD returned +26.31% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), HERD annualized +13.38% vs +12.68% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HERD or SCHD?
HERD has been the more volatile fund at 18.3% annualized versus 16.2% for SCHD. Worst drawdown: HERD -39.4% vs SCHD -33.4%.
Should I hold both HERD and SCHD?
HERD and SCHD have a monthly-return correlation of 0.89, 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, HERD or SCHD?
HERD yields 2.73% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HERD?
SCHD has a lower expense ratio. HERD led over 3Y, 5Y and the full window, SCHD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.