HGRO vs SCHD
Hedgeye Quality Growth 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 | HGRO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.06% | |
| AUM | $126M | $103.7B | |
| Dividend Yield | 0.07% | 3.31% | |
| Holdings | 54 | 104 | |
| YTD Return | +8.51% | +25.62% | |
| 1Y Return | +17.32% | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 10.8% | 13.6% | |
| Max Drawdown | -7.6% | -33.4% | |
| Fund Family | Hedgeye Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 10, 2025 | Oct 20, 2011 |
HGRO vs SCHD Performance
Hedgeye Quality Growth ETF (HGRO) is a ETF from Hedgeye Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HGRO returned +17.32% while SCHD returned +32.62%. Year to date, HGRO is up 8.51% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.8% 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 -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 0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
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 3.31% for SCHD.
Holdings Overlap
HGRO and SCHD share 3 holdings out of 145 unique holdings combined, representing a 4.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $64 per year of difference.
Which performed better, HGRO or SCHD?
Over the past year HGRO returned +17.32% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), HGRO annualized +19.89% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, HGRO or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.8% for HGRO. Worst drawdown: HGRO -7.6% vs SCHD -33.4%.
Should I hold both HGRO and SCHD?
HGRO and SCHD have a monthly-return correlation of 0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HGRO and SCHD?
HGRO and SCHD share 3 common holdings with a 4.7% weight overlap. Combined, they hold 145 unique securities.
Which pays a higher dividend, HGRO or SCHD?
HGRO yields 0.07% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.