HTD vs SCHD
John Hancock Tax-Advantaged Dividend Income Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HTD offers more diversification with 124 holdings.
Side-by-Side Comparison
| Metric | HTD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.96% | 0.06% | |
| AUM | $917M | $108.7B | |
| Dividend Yield | 7.17% | 3.13% | |
| Holdings | 124 | 104 | |
| YTD Return | +12.61% | +26.54% | |
| 1Y Return | +12.47% | +30.90% | |
| 3Y Return (annualized) | +17.94% | +16.29% | |
| 5Y Return (annualized) | +8.21% | +9.65% | |
| Volatility (annualized) | 19.3% | 13.6% | |
| Max Drawdown | -75.5% | -33.4% | |
| Fund Family | John Hancock Investment Management | Charles Schwab Asset Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Feb 27, 2004 | Oct 20, 2011 |
HTD vs SCHD Performance
John Hancock Tax-Advantaged Dividend Income Fund (HTD) is a ETF from John Hancock Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HTD returned +12.47% while SCHD returned +30.90%. Year to date, HTD is up 12.61% versus a gain of 26.54% for SCHD.
Over three years, HTD compounded at +17.94% per year against +16.29% for SCHD; over five years the annualized figures are +8.21% and +9.65% respectively. Across the full 15-year window we track, SCHD has the edge at +11.51% annualized vs +3.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HTD has been the more volatile fund, with annualized monthly volatility of 19.3% 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 -75.5% for HTD 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HTD charges 1.96% per year while SCHD charges 0.06%. On a $10,000 position that is $196 vs $6 annually, a gap of $190 per year that compounds over a long holding period. On income, HTD currently yields 7.17% against 3.13% for SCHD.
Holdings Overlap
HTD and SCHD share 5 holdings out of 168 unique holdings combined, representing a 6.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HTD or SCHD?
HTD has an expense ratio of 1.96% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $190 per year of difference.
Which performed better, HTD or SCHD?
Over the past year HTD returned +12.47% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), HTD annualized +3.01% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, HTD or SCHD?
HTD has been the more volatile fund at 19.3% annualized versus 13.6% for SCHD. Worst drawdown: HTD -75.5% vs SCHD -33.4%.
Should I hold both HTD and SCHD?
HTD and SCHD have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HTD and SCHD?
HTD and SCHD share 5 common holdings with a 6.1% weight overlap. Combined, they hold 168 unique securities.
Which pays a higher dividend, HTD or SCHD?
HTD yields 7.17% while SCHD yields 3.13%, so HTD currently pays the higher dividend yield.
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