HXA vs SCHD
Mast HedgeIndex Corporate Arbitrage ETF vs Schwab US Dividend Equity ETF
Which is better, HXA or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio.
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 | HXA | SCHD |
|---|---|---|
| Expense Ratio | 0.99% | 0.06%Best |
| AUM | $51M | $111.6B |
| Dividend Yield | 0.00% | 3.24% |
| Holdings | 30 | 206 |
| YTD Return | +0.46% | +28.06%Best |
| 1Y Return | - | +32.53% |
| 3Y Return (annualized) | - | +19.09% |
| 5Y Return (annualized) | - | +9.83% |
| Fund Family | Mast Funds | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Aug 21, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
HXA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HXA vs SCHD Performance
Mast HedgeIndex Corporate Arbitrage ETF (HXA) is an ETF from Mast Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, HXA is up 0.46% versus a gain of 28.06% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
HXA charges 0.99% per year while SCHD charges 0.06%. On a $10,000 position that is $99 vs $6 annually, a gap of $93 per year that compounds over a long holding period. On income, HXA currently yields 0.00% against 3.24% for SCHD.
Holdings Overlap
We hold position weights for 30 holdings in HXA and 98 in SCHD, totalling 31.6% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in HXA and 98 in SCHD, against full books of 30 and 206.
You are not choosing between two funds in isolation.
Whichever of HXA and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HXA or SCHD?
HXA has an expense ratio of 0.99% while SCHD charges 0.06%. SCHD is the cheaper option, by $93 a year on a $10,000 investment.
Which pays a higher dividend, HXA or SCHD?
HXA yields 0.00% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than HXA?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.