HFGM vs SCHD
Unlimited HFGM Global Macro ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | HFGM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.01% | 0.06% | |
| AUM | $152M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 31 | 104 | |
| YTD Return | +9.49% | +25.58% | |
| 1Y Return | +21.72% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 17.1% | 13.6% | |
| Max Drawdown | -15.1% | -33.4% | |
| Fund Family | Unlimited Funds | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Apr 14, 2025 | Oct 20, 2011 |
HFGM vs SCHD Performance
Unlimited HFGM Global Macro ETF (HFGM) is a ETF from Unlimited Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HFGM returned +21.72% while SCHD returned +31.06%. Year to date, HFGM is up 9.49% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
HFGM has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 13.6% 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 -15.1% for HFGM 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HFGM charges 1.01% per year while SCHD charges 0.06%. On a $10,000 position that is $101 vs $6 annually, a gap of $95 per year that compounds over a long holding period. On income, HFGM currently yields 0.00% against 3.31% for SCHD.
Holdings Overlap
HFGM and SCHD share 0 holdings out of 106 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HFGM or SCHD?
HFGM has an expense ratio of 1.01% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $95 per year of difference.
Which performed better, HFGM or SCHD?
Over the past year HFGM returned +21.72% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), HFGM annualized +28.98% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, HFGM or SCHD?
HFGM has been the more volatile fund at 17.1% annualized versus 13.6% for SCHD. Worst drawdown: HFGM -15.1% vs SCHD -33.4%.
Should I hold both HFGM and SCHD?
HFGM and SCHD have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HFGM and SCHD?
HFGM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, HFGM or SCHD?
HFGM yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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