HEZU vs SCHD
iShares Currency Hedged MSCI Eurozone ETF vs Schwab US Dividend Equity ETF
Which is better, HEZU or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. HEZU led over 3Y and 5Y, SCHD 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 | HEZU | SCHD |
|---|---|---|
| Expense Ratio | 0.53% | 0.06%Best |
| AUM | $587M | $112.1B |
| Dividend Yield | 2.55% | 3.00% |
| Holdings | 233 | 103 |
| YTD Return | +10.62% | +24.04%Best |
| 1Y Return | +21.18% | +27.95%Best |
| 3Y Return (annualized) | +18.97%Best | +15.51% |
| 5Y Return (annualized) | +12.33%Best | +9.80% |
| Volatility (annualized) | 15.8% | 14.6%Best |
| Max Drawdown | -38.8% | -33.4%Best |
| $10,000 over 5 years | $17,885Best | $15,959 |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 9, 2014 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 7, 2014 to Sep 16, 2026 (12.1 years).
HEZU 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 12.1 years both funds cover.
HEZU vs SCHD Performance
iShares Currency Hedged MSCI Eurozone ETF (HEZU) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HEZU returned +21.18% while SCHD returned +27.95%. Year to date, HEZU is up 10.62% versus a gain of 24.04% for SCHD.
Over three years, HEZU compounded at +18.97% per year against +15.51% for SCHD; over five years the annualized figures are +12.33% and +9.80% respectively. Across the full 12-year window we track, SCHD has the edge at +10.37% annualized vs +8.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HEZU has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 14.6% 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 -38.8% for HEZU 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HEZU charges 0.53% per year while SCHD charges 0.06%. On a $10,000 position that is $53 vs $6 annually, a gap of $47 per year that compounds over a long holding period. On income, HEZU currently yields 2.55% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in HEZU and 100 in SCHD, totalling 99.9% 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 HEZU and 100 in SCHD, against full books of 233 and 103.
You are not choosing between two funds in isolation.
Whichever of HEZU 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, HEZU or SCHD?
HEZU has an expense ratio of 0.53% while SCHD charges 0.06%. SCHD is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, HEZU or SCHD?
Over the past year HEZU returned +21.18% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (12 years), HEZU annualized +8.91% vs +10.37% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEZU or SCHD?
HEZU has been the more volatile fund at 15.8% annualized versus 14.6% for SCHD. Worst drawdown: HEZU -38.8% vs SCHD -33.4%.
Should I hold both HEZU and SCHD?
HEZU and SCHD have a monthly-return correlation of 0.72, 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, HEZU or SCHD?
HEZU yields 2.55% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HEZU?
SCHD has a lower expense ratio. HEZU led over 3Y and 5Y, SCHD over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.