HFXI vs SCHD
NYLI FTSE International Equity Currency Neutral ETF vs Schwab US Dividend Equity ETF
Which is better, HFXI or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. HFXI led over 3Y and 5Y, SCHD over 1Y and the full window. HFXI is less concentrated, with 16.3% of the fund in its ten largest positions against 41.5%.
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 | HFXI | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $2.2B | $112.2B |
| Dividend Yield | 3.39% | 3.13% |
| Holdings | 946 | 103 |
| YTD Return | +17.08% | +28.59%Best |
| 1Y Return | +30.93% | +31.77%Best |
| 3Y Return (annualized) | +20.77%Best | +16.70% |
| 5Y Return (annualized) | +11.92%Best | +10.09% |
| Volatility (annualized) | 13.8%Best | 14.9% |
| Max Drawdown | -34.2% | -33.4%Best |
| $10,000 over 5 years | $17,561Best | $16,171 |
| Top 10 Weight | 16.3%Best | 41.5% |
| Fund Family | INDEXIQ ETF TRUST | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 22, 2015 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 22, 2015 to Sep 3, 2026 (11.1 years).
HFXI 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 11.1 years both funds cover.
HFXI vs SCHD Performance
NYLI FTSE International Equity Currency Neutral ETF (HFXI) is an ETF from INDEXIQ ETF TRUST and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HFXI returned +30.93% while SCHD returned +31.77%. Year to date, HFXI is up 17.08% versus a gain of 28.59% for SCHD.
Over three years, HFXI compounded at +20.77% per year against +16.70% for SCHD; over five years the annualized figures are +11.92% and +10.09% respectively. Across the full 11-year window we track, SCHD has the edge at +11.34% annualized vs +7.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 13.8% for HFXI. 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 -34.2% for HFXI 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HFXI charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, HFXI currently yields 3.39% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 742 holdings in HFXI and 100 in SCHD, totalling 96.3% 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 742 positions we hold weights for in HFXI and 100 in SCHD, against full books of 946 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for HFXI (99.9% of the fund), and 24 for HFXI that do not appear in SCHD (7.8%).
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 HFXI 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, HFXI or SCHD?
HFXI has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, HFXI or SCHD?
Over the past year HFXI returned +30.93% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), HFXI annualized +7.88% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFXI or SCHD?
SCHD has been the more volatile fund at 14.9% annualized versus 13.8% for HFXI. Worst drawdown: HFXI -34.2% vs SCHD -33.4%.
Should I hold both HFXI and SCHD?
HFXI and SCHD have a monthly-return correlation of 0.80, 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, HFXI or SCHD?
HFXI yields 3.39% while SCHD yields 3.13%, so HFXI currently pays the higher dividend yield.
Is SCHD better than HFXI?
SCHD has a lower expense ratio. HFXI led over 3Y and 5Y, SCHD over 1Y and the full window. HFXI is less concentrated, with 16.3% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.