HYT vs SCHD
Blackrock Corporate High Yield Fund Inc. vs Schwab US Dividend Equity ETF
Which is better, HYT 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. HYT is less concentrated, with 10.2% of the fund in its ten largest positions against 41.8%.
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 | HYT | SCHD |
|---|---|---|
| Expense Ratio | 3.35% | 0.06%Best |
| AUM | $1.8B | $112.1B |
| Dividend Yield | 10.26% | 3.00% |
| Holdings | 1,211 | 103 |
| YTD Return | -2.25% | +24.04%Best |
| 1Y Return | -7.39% | +27.95%Best |
| 3Y Return (annualized) | +6.32% | +15.51%Best |
| 5Y Return (annualized) | +1.06% | +9.80%Best |
| Volatility (annualized) | 11.7%Best | 13.6% |
| Max Drawdown | -50.1% | -33.4%Best |
| $10,000 over 5 years | $10,541 | $15,959Best |
| Top 10 Weight | 10.2%Best | 41.8% |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Value |
| Inception | May 30, 2003 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 16, 2026 (14.9 years).
HYT 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 14.9 years both funds cover.
HYT vs SCHD Performance
Blackrock Corporate High Yield Fund Inc. (HYT) is an ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HYT returned -7.39% while SCHD returned +27.95%. Year to date, HYT is down 2.25% versus a gain of 24.04% for SCHD.
Over three years, HYT compounded at +6.32% per year against +15.51% for SCHD; over five years the annualized figures are +1.06% and +9.80% respectively. Across the full 15-year window we track, SCHD has the edge at +11.29% annualized vs +1.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.7% for HYT. 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 -50.1% for HYT 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYT charges 3.35% per year while SCHD charges 0.06%. On a $10,000 position that is $335 vs $6 annually, a gap of $329 per year that compounds over a long holding period. On income, HYT currently yields 10.26% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 717 holdings in HYT and 100 in SCHD, totalling 97.4% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 243 days apart, HYT as of Dec 31, 2025 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 717 positions we hold weights for in HYT and 100 in SCHD, against full books of 1,211 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for HYT (99.9% of the fund), and 703 for HYT that do not appear in SCHD (97.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of HYT 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, HYT or SCHD?
HYT has an expense ratio of 3.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $329 a year on a $10,000 investment.
Which performed better, HYT or SCHD?
Over the past year HYT returned -7.39% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), HYT annualized +1.53% vs +11.29% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYT or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 11.7% for HYT. Worst drawdown: HYT -50.1% vs SCHD -33.4%.
Should I hold both HYT and SCHD?
HYT and SCHD have a monthly-return correlation of 0.72, 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, HYT or SCHD?
HYT yields 10.26% while SCHD yields 3.00%, so HYT currently pays the higher dividend yield.
Is SCHD better than HYT?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. HYT is less concentrated, with 10.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.