HYSD vs SCHD
Columbia Short Duration High Yield ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HYSD offers more diversification with 272 holdings.
Side-by-Side Comparison
| Metric | HYSD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.06% | |
| AUM | $105M | $103.7B | |
| Dividend Yield | 5.80% | 3.31% | |
| Holdings | 304 | 104 | |
| YTD Return | +1.63% | +25.58% | |
| 1Y Return | +4.29% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 2.1% | 13.6% | |
| Max Drawdown | -2.7% | -33.4% | |
| Fund Family | Columbia Threadneedle Investments | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 5, 2024 | Oct 20, 2011 |
HYSD vs SCHD Performance
Columbia Short Duration High Yield ETF (HYSD) is a ETF from Columbia Threadneedle Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HYSD returned +4.29% while SCHD returned +31.06%. Year to date, HYSD is up 1.63% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 2.1% for HYSD. 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 -2.7% for HYSD 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 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HYSD 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, HYSD currently yields 5.80% against 3.31% for SCHD.
Holdings Overlap
HYSD and SCHD share 1 holdings out of 371 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HYSD | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXX | 1.38% | 0.04% | 1.34% |
Frequently Asked Questions
Which is cheaper, HYSD or SCHD?
HYSD 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, HYSD or SCHD?
Over the past year HYSD returned +4.29% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), HYSD annualized +5.06% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, HYSD or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 2.1% for HYSD. Worst drawdown: HYSD -2.7% vs SCHD -33.4%.
Should I hold both HYSD and SCHD?
HYSD and SCHD have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYSD and SCHD?
HYSD and SCHD share 1 common holdings with a 0.0% weight overlap. Combined, they hold 371 unique securities.
Which pays a higher dividend, HYSD or SCHD?
HYSD yields 5.80% while SCHD yields 3.31%, so HYSD currently pays the higher dividend yield.
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