HGRO vs SCHD
Hedgeye Quality Growth ETF vs Schwab US Dividend Equity ETF
Which is better, HGRO or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 54.4%.
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 | HGRO | SCHD |
|---|---|---|
| Expense Ratio | 0.70% | 0.06%Best |
| AUM | $116M | $108.9B |
| Dividend Yield | 0.07% | 3.00% |
| Holdings | 97 | 206 |
| YTD Return | +6.17% | +20.67%Best |
| 1Y Return | +9.64% | +22.79%Best |
| 3Y Return (annualized) | - | +15.93% |
| 5Y Return (annualized) | - | +9.26% |
| Volatility (annualized) | 10.1%Best | 13.7% |
| Max Drawdown | -7.6% | -6.9%Best |
| $10,000 over 1.3 years | $12,079 | $12,816Best |
| Top 10 Weight | 54.4% | 41.8%Best |
| Fund Family | Hedgeye Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Jun 10, 2025 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 11, 2025 to Oct 1, 2026 (1.3 years).
HGRO 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 1.3 years both funds cover.
HGRO vs SCHD Performance
Hedgeye Quality Growth ETF (HGRO) is an ETF from Hedgeye Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HGRO returned +9.64% while SCHD returned +22.79%. Year to date, HGRO is up 6.17% versus a gain of 20.67% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 10.1% for HGRO. 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 -7.6% for HGRO and -6.9% 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 0.19. They move largely independently of each other.
Fees and Cost Over Time
HGRO charges 0.70% per year while SCHD charges 0.06%. On a $10,000 position that is $70 vs $6 annually, a gap of $64 per year that compounds over a long holding period. On income, HGRO currently yields 0.07% against 3.00% for SCHD.
Holdings Overlap
5.6% of HGRO's money is in holdings SCHD also owns. 11.1% of SCHD's money is in holdings HGRO also owns.
SCHD and HGRO share little of their money.
3 positions in common, counted across the 50 positions we hold weights for in HGRO and 99 in SCHD, against full books of 97 and 206.
What only one of them owns
Our book lists 95 positions for SCHD that do not appear in our book for HGRO (88.8% of the fund), and 43 for HGRO that do not appear in SCHD (94.2%).
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 HGRO 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, HGRO or SCHD?
HGRO has an expense ratio of 0.70% while SCHD charges 0.06%. SCHD is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, HGRO or SCHD?
Over the past year HGRO returned +9.64% vs +22.79% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), HGRO annualized +15.64% vs +21.03% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HGRO or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 10.1% for HGRO. Worst drawdown: HGRO -7.6% vs SCHD -6.9%.
Should I hold both HGRO and SCHD?
HGRO and SCHD have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HGRO and SCHD?
11.1% of SCHD's money is in holdings HGRO also owns. 11.1% of SCHD's is in holdings HGRO also owns. They hold 3 positions in common, counted across the 50 positions we hold weights for in HGRO and 99 in SCHD.
Which pays a higher dividend, HGRO or SCHD?
HGRO yields 0.07% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HGRO?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 54.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.