HIDV vs SCHD
AB US High Dividend ETF vs Schwab US Dividend Equity ETF
Which is better, HIDV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. HIDV led over 3Y and the full window, SCHD over 1Y. HIDV is less concentrated, with 34.3% of the fund in its ten largest positions against 41.8%.
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 | HIDV | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $204M | $112.1B |
| Dividend Yield | 2.23% | 3.00% |
| Holdings | 107 | 103 |
| YTD Return | +13.65% | +23.60%Best |
| 1Y Return | +17.41% | +28.29%Best |
| 3Y Return (annualized) | +22.18%Best | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 12.4%Best | 13.4% |
| Max Drawdown | -18.8% | -16.1%Best |
| $10,000 over 3.5 years | $20,155Best | $16,206 |
| Top 10 Weight | 34.3%Best | 41.8% |
| Fund Family | AllianceBernstein L.P. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Mar 22, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 22, 2023 to Sep 21, 2026 (3.5 years).
HIDV 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 3.5 years both funds cover.
HIDV vs SCHD Performance
AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P. and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HIDV returned +17.41% while SCHD returned +28.29%. Year to date, HIDV is up 13.65% versus a gain of 23.60% for SCHD.
Over three years, HIDV compounded at +22.18% per year against +16.25% for SCHD. Across the full 4-year window we track, HIDV has the edge at +22.17% annualized vs +14.79%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 12.4% for HIDV. 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 -18.8% for HIDV and -16.1% 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
HIDV charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, HIDV currently yields 2.23% against 3.00% for SCHD.
Holdings Overlap
18.4% of HIDV's money is in holdings SCHD also owns. 38.6% of SCHD's money is in holdings HIDV also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 105 positions we hold weights for in HIDV and 100 in SCHD, against full books of 107 and 103.
What only one of them owns
Our book lists 75 positions for SCHD that do not appear in our book for HIDV (61.3% of the fund), and 75 for HIDV that do not appear in SCHD (78.0%).
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.
Top Shared Holdings
| Stock | Weight in HIDV | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 1.32% | 4.02% | 2.70% |
| HDHome Depot Inc/The | 1.26% | 3.88% | 2.62% |
| VZVerizon Communic | 1.13% | 3.97% | 2.84% |
| KOCoca Cola Co. | 0.82% | 4.17% | 3.35% |
| UNHUnitedhealth Group Incorporated | 0.53% | 3.82% | 3.29% |
| BMYBristol-Myers Squibb Co. | 1.00% | 3.33% | 2.33% |
| TXNTexas Instrument Inc | 1.12% | 3.13% | 2.01% |
| MOAltria Group Inc | 1.02% | 2.79% | 1.77% |
| CMCSAComcast Corp-class A Cmcsa | 0.97% | 2.31% | 1.34% |
| UPSUnited Parcel Service, Inc | 0.93% | 1.90% | 0.97% |
38.6% of SCHD is already inside HIDV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HIDV or SCHD?
HIDV has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, HIDV or SCHD?
Over the past year HIDV returned +17.41% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), HIDV annualized +22.17% vs +14.79% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIDV or SCHD?
SCHD has been the more volatile fund at 13.4% annualized versus 12.4% for HIDV. Worst drawdown: HIDV -18.8% vs SCHD -16.1%.
Should I hold both HIDV and SCHD?
HIDV 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.
What is the holdings overlap between HIDV and SCHD?
38.6% of SCHD's money is in holdings HIDV also owns. 38.6% of SCHD's is in holdings HIDV also owns. They hold 24 positions in common, counted across the 105 positions we hold weights for in HIDV and 100 in SCHD.
Which pays a higher dividend, HIDV or SCHD?
HIDV yields 2.23% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HIDV?
SCHD has a lower expense ratio. HIDV led over 3Y and the full window, SCHD over 1Y. HIDV is less concentrated, with 34.3% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.