HIYY vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricHIYYSCHDWinner
Expense Ratio1.01%0.06%
AUM$15M$103.7B
Dividend Yield84.43%3.31%
Holdings14104
YTD Return-15.81%+26.21%
1Y Return-45.85%+29.99%
3Y Return (annualized)-+15.73%
5Y Return (annualized)-+9.67%
Volatility (annualized)-13.6%
Max Drawdown-74.0%-33.4%
Fund FamilyYieldMax ETFCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionSep 22, 2025Oct 20, 2011

HIYY vs SCHD Performance

YieldMax HIMS Option Income Strategy ETF (HIYY) is a ETF from YieldMax ETF and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HIYY returned -45.85% while SCHD returned +29.99%. Year to date, HIYY is down 15.81% versus a gain of 26.21% for SCHD.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -74.0% for HIYY and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

HIYY charges 1.01% per year while SCHD charges 0.06%. On a $10,000 position that is $101 vs $6 annually, a gap of $95 per year that compounds over a long holding period. On income, HIYY currently yields 84.43% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

HIYY and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, HIYY or SCHD?

HIYY has an expense ratio of 1.01% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $95 per year of difference.

Which performed better, HIYY or SCHD?

Over the past year HIYY returned -45.85% vs +29.99% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between HIYY and SCHD?

HIYY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, HIYY or SCHD?

HIYY yields 84.43% while SCHD yields 3.31%, so HIYY currently pays the higher dividend yield.

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