HYGV vs SCHD
Northern Trust High Yield Value-Scored Bond ETF vs Schwab US Dividend Equity ETF
Which is better, HYGV 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 | HYGV | SCHD |
|---|---|---|
| Expense Ratio | 0.37% | 0.06%Best |
| AUM | $1.1B | $112.1B |
| Dividend Yield | 7.38% | 3.00% |
| Holdings | 978 | 103 |
| YTD Return | +1.39% | +25.07%Best |
| 1Y Return | +3.05% | +27.61%Best |
| 3Y Return (annualized) | +7.47% | +15.74%Best |
| 5Y Return (annualized) | +3.09% | +9.89%Best |
| Volatility (annualized) | 9.0%Best | 16.4% |
| Max Drawdown | -25.9%Best | -33.4% |
| $10,000 over 5 years | $11,643 | $16,025Best |
| Fund Family | Northern Trust Asset Management | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | Jul 17, 2018 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 18, 2018 to Sep 11, 2026 (8.2 years).
HYGV 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 8.2 years both funds cover.
HYGV vs SCHD Performance
Northern Trust High Yield Value-Scored Bond ETF (HYGV) is an ETF from Northern Trust Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HYGV returned +3.05% while SCHD returned +27.61%. Year to date, HYGV is up 1.39% versus a gain of 25.07% for SCHD.
Over three years, HYGV compounded at +7.47% per year against +15.74% for SCHD; over five years the annualized figures are +3.09% and +9.89% respectively. Across the full 8-year window we track, SCHD has the edge at +11.63% annualized vs +2.27%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 9.0% for HYGV. 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 -25.9% for HYGV 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYGV charges 0.37% per year while SCHD charges 0.06%. On a $10,000 position that is $37 vs $6 annually, a gap of $31 per year that compounds over a long holding period. On income, HYGV currently yields 7.38% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 804 holdings in HYGV and 100 in SCHD, totalling 73.9% 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 804 positions we hold weights for in HYGV and 100 in SCHD, against full books of 978 and 103.
You are not choosing between two funds in isolation.
Whichever of HYGV 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, HYGV or SCHD?
HYGV has an expense ratio of 0.37% while SCHD charges 0.06%. SCHD is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, HYGV or SCHD?
Over the past year HYGV returned +3.05% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), HYGV annualized +2.27% vs +11.63% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYGV or SCHD?
SCHD has been the more volatile fund at 16.4% annualized versus 9.0% for HYGV. Worst drawdown: HYGV -25.9% vs SCHD -33.4%.
Should I hold both HYGV and SCHD?
HYGV and SCHD have a monthly-return correlation of 0.75, 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, HYGV or SCHD?
HYGV yields 7.38% while SCHD yields 3.00%, so HYGV currently pays the higher dividend yield.
Is SCHD better than HYGV?
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.