RIET vs SCHD
Hoya Capital High Dividend Yield ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | RIET | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $109M | $103.7B | |
| Dividend Yield | 10.56% | 3.31% | |
| Holdings | 100 | 104 | |
| YTD Return | +7.16% | +25.62% | |
| 1Y Return | +11.95% | +32.62% | |
| 3Y Return (annualized) | +6.89% | +15.58% | |
| 5Y Return (annualized) | -0.67% | +9.63% | |
| Volatility (annualized) | 20.8% | 13.6% | |
| Max Drawdown | -34.6% | -33.4% | |
| Fund Family | Hoya Capital Real Estate, LLC | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2021 | Oct 20, 2011 |
RIET vs SCHD Performance
Hoya Capital High Dividend Yield ETF (RIET) is a ETF from Hoya Capital Real Estate, LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RIET returned +11.95% while SCHD returned +32.62%. Year to date, RIET is up 7.16% versus a gain of 25.62% for SCHD.
Over three years, RIET compounded at +6.89% per year against +15.58% for SCHD; over five years the annualized figures are -0.67% and +9.63% respectively. Across the full 5-year window we track, SCHD has the edge at +11.47% annualized vs -0.67%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RIET has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 13.6% for SCHD. 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 -34.6% for RIET 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RIET charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, RIET currently yields 10.56% against 3.31% for SCHD.
Holdings Overlap
RIET and SCHD share 0 holdings out of 196 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, RIET or SCHD?
RIET has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, RIET or SCHD?
Over the past year RIET returned +11.95% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), RIET annualized -0.67% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, RIET or SCHD?
RIET has been the more volatile fund at 20.8% annualized versus 13.6% for SCHD. Worst drawdown: RIET -34.6% vs SCHD -33.4%.
Should I hold both RIET and SCHD?
RIET and SCHD have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RIET and SCHD?
RIET and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 196 unique securities.
Which pays a higher dividend, RIET or SCHD?
RIET yields 10.56% while SCHD yields 3.31%, so RIET currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.