HIDV vs USMC
AB US High Dividend ETF vs Principal U.S. Mega-Cap ETF
Which is better, HIDV or USMC?
Each has led over a different period.
USMC has a lower expense ratio. HIDV led over 1Y, USMC over 3Y and the full window. HIDV is less concentrated, with 34.8% of the fund in its ten largest positions against 55.3%.
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 | USMC |
|---|---|---|
| Expense Ratio | 0.35% | 0.12%Best |
| AUM | $200M | $5.1B |
| Dividend Yield | 2.23% | 0.74% |
| Holdings | 108 | 58 |
| YTD Return | +12.98% | +15.26%Best |
| 1Y Return | +18.40%Best | +15.73% |
| 3Y Return (annualized) | +21.53% | +22.70%Best |
| 5Y Return (annualized) | - | +15.40% |
| Volatility (annualized) | 12.4% | 12.1%Best |
| Max Drawdown | -18.8%Best | -19.1% |
| $10,000 over 3.6 years | $20,189 | $21,361Best |
| Top 10 Weight | 34.8%Best | 55.3% |
| Fund Family | AllianceBernstein L.P. | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 22, 2023 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 22, 2023 to Oct 13, 2026 (3.6 years).
HIDV vs USMC 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 3.6 years both funds cover.
HIDV vs USMC Performance
AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P. and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year HIDV returned +18.40% while USMC returned +15.73%. Year to date, HIDV is up 12.98% versus a gain of 15.26% for USMC.
Over three years, HIDV compounded at +21.53% per year against +22.70% for USMC. Across the full 4-year window we track, USMC has the edge at +23.47% annualized vs +21.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIDV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 12.1% for USMC. 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 -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HIDV charges 0.35% per year while USMC charges 0.12%. On a $10,000 position that is $35 vs $12 annually, a gap of $23 per year that compounds over a long holding period. On income, HIDV currently yields 2.23% against 0.74% for USMC.
Holdings Overlap
38.2% of HIDV's money is in holdings USMC also owns. 75.3% of USMC's money is in holdings HIDV also owns.
Most of USMC is already inside HIDV. Owning both mostly buys the same companies twice.
18 positions in common, counted across the 105 positions we hold weights for in HIDV and 27 in USMC, against full books of 108 and 58.
What only one of them owns
Our book lists 9 positions for USMC that do not appear in our book for HIDV (24.7% of the fund), and 81 for HIDV that do not appear in USMC (58.0%).
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 USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.04% | 7.99% | 0.05% |
| AAPLApple, Inc | 6.84% | 7.40% | 0.56% |
| MSFTMicrosoft Corp | 4.88% | 5.55% | 0.67% |
| MUMicron Technology, Inc. | 2.57% | 7.18% | 4.61% |
| GOOGLAlphabet Inc,class A | 3.01% | 5.33% | 2.32% |
| AMZNAmazon.Com Inc | 3.03% | 3.77% | 0.74% |
| AVGOBroadcom Inc | 1.92% | 4.44% | 2.52% |
| JPMJpmorgan Chase | 0.65% | 4.65% | 4.00% |
| METAMeta Platforms Inc | 1.36% | 3.92% | 2.56% |
| VVisa Inc Class A | 0.09% | 4.54% | 4.45% |
75.3% of USMC 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 USMC?
HIDV has an expense ratio of 0.35% while USMC charges 0.12%. USMC is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, HIDV or USMC?
Over the past year HIDV returned +18.40% vs +15.73% for USMC, so HIDV leads on 1-year performance. Over the longest common window we track (4 years), HIDV annualized +21.55% vs +23.47% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIDV or USMC?
HIDV has been the more volatile fund at 12.4% annualized versus 12.1% for USMC. Worst drawdown: HIDV -18.8% vs USMC -19.1%.
Should I hold both HIDV and USMC?
HIDV and USMC have a monthly-return correlation of 0.87, 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 USMC?
75.3% of USMC's money is in holdings HIDV also owns. 75.3% of USMC's is in holdings HIDV also owns. They hold 18 positions in common, counted across the 105 positions we hold weights for in HIDV and 27 in USMC.
Which pays a higher dividend, HIDV or USMC?
HIDV yields 2.23% while USMC yields 0.74%, so HIDV currently pays the higher dividend yield.
Is USMC better than HIDV?
USMC has a lower expense ratio. HIDV led over 1Y, USMC over 3Y and the full window. HIDV is less concentrated, with 34.8% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.