HYDW vs SCHD
Xtrackers Low Beta High Yield Bond ETF vs Schwab US Dividend Equity ETF
Which is better, HYDW or SCHD?
High Yield Bond against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | HYDW | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $63M | $112.2B |
| Dividend Yield | 5.76% | 3.13% |
| Holdings | 582 | 103 |
| YTD Return | +2.25% | +27.56%Best |
| 1Y Return | +4.33% | +30.29%Best |
| 3Y Return (annualized) | +7.28% | +16.37%Best |
| 5Y Return (annualized) | +3.49% | +10.23%Best |
| Volatility (annualized) | 6.6%Best | 16.2% |
| Max Drawdown | -18.1%Best | -33.4% |
| $10,000 over 5 years | $11,871 | $16,274Best |
| Fund Family | Xtrackers ETFs | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Jan 11, 2018 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 11, 2018 to Sep 4, 2026 (8.6 years).
HYDW 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 covers the 8.6 years both funds cover.
HYDW vs SCHD Performance
Xtrackers Low Beta High Yield Bond ETF (HYDW) is an ETF from Xtrackers ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HYDW returned +4.33% while SCHD returned +30.29%. Year to date, HYDW is up 2.25% versus a gain of 27.56% for SCHD.
Over three years, HYDW compounded at +7.28% per year against +16.37% for SCHD; over five years the annualized figures are +3.49% and +10.23% respectively. Across the full 9-year window we track, SCHD has the edge at +10.74% annualized vs +2.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 6.6% for HYDW. 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 -18.1% for HYDW and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HYDW charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, HYDW currently yields 5.76% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 513 holdings in HYDW and 100 in SCHD, totalling 86.4% and 100.0% 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 513 positions we hold weights for in HYDW and 100 in SCHD, against full books of 582 and 103.
You are not choosing between two funds in isolation.
Whichever of HYDW 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, HYDW or SCHD?
HYDW has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, HYDW or SCHD?
Over the past year HYDW returned +4.33% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), HYDW annualized +2.44% vs +10.74% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYDW or SCHD?
SCHD has been the more volatile fund at 16.2% annualized versus 6.6% for HYDW. Worst drawdown: HYDW -18.1% vs SCHD -33.4%.
Should I hold both HYDW and SCHD?
HYDW and SCHD have a monthly-return correlation of 0.69, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HYDW or SCHD?
HYDW yields 5.76% while SCHD yields 3.13%, so HYDW currently pays the higher dividend yield.
Is SCHD better than HYDW?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.