HLGE vs SCHD
Hartford Longevity Economy ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HLGE offers more diversification with 342 holdings.
Side-by-Side Comparison
| Metric | HLGE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.06% | |
| AUM | $13M | $108.7B | |
| Dividend Yield | 1.34% | 3.13% | |
| Holdings | 342 | 104 | |
| YTD Return | +2.20% | +27.67% | |
| 1Y Return | +5.26% | +31.26% | |
| 3Y Return (annualized) | +12.26% | +16.66% | |
| 5Y Return (annualized) | - | +10.18% | |
| Volatility (annualized) | 16.4% | 13.6% | |
| Max Drawdown | -23.9% | -33.4% | |
| Fund Family | Hartford Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Mar 16, 2021 | Oct 20, 2011 |
HLGE vs SCHD Performance
Hartford Longevity Economy ETF (HLGE) is a ETF from Hartford Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HLGE returned +5.26% while SCHD returned +31.26%. Year to date, HLGE is up 2.20% versus a gain of 27.67% for SCHD.
Over three years, HLGE compounded at +12.26% per year against +16.66% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.57% annualized vs +7.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HLGE has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 13.6% for SCHD. 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 -23.9% for HLGE 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HLGE charges 0.44% per year while SCHD charges 0.06%. On a $10,000 position that is $44 vs $6 annually, a gap of $38 per year that compounds over a long holding period. On income, HLGE currently yields 1.34% against 3.13% for SCHD.
Frequently Asked Questions
Which is cheaper, HLGE or SCHD?
HLGE has an expense ratio of 0.44% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $38 per year of difference.
Which performed better, HLGE or SCHD?
Over the past year HLGE returned +5.26% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), HLGE annualized +7.02% vs +11.57% for SCHD. Past performance does not guarantee future results.
Which is riskier, HLGE or SCHD?
HLGE has been the more volatile fund at 16.4% annualized versus 13.6% for SCHD. Worst drawdown: HLGE -23.9% vs SCHD -33.4%.
Should I hold both HLGE and SCHD?
HLGE and SCHD have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, HLGE or SCHD?
HLGE yields 1.34% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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