GDIV vs SCHD
GDIV vs SCHD
Harbor Dividend Growth Leaders 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 | GDIV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $236M | $103.7B | |
| Dividend Yield | 1.14% | 3.31% | |
| Holdings | 50 | 104 | |
| YTD Return | +14.45% | +24.26% | |
| 1Y Return | +24.68% | +31.38% | |
| 3Y Return (annualized) | +16.22% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 14.2% | 13.6% | |
| Max Drawdown | -18.9% | -33.4% | |
| Fund Family | Harbor Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Apr 29, 2010 | Oct 20, 2011 |
GDIV vs SCHD Performance
Harbor Dividend Growth Leaders ETF (GDIV) is a ETF from Harbor Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GDIV returned +24.68% while SCHD returned +31.38%. Year to date, GDIV is up 14.45% versus a gain of 24.26% for SCHD.
Over three years, GDIV compounded at +16.22% per year against +15.08% for SCHD. Across the full 4-year window we track, GDIV has the edge at +12.95% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GDIV has been the more volatile fund, with annualized monthly volatility of 14.2% 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 -18.9% for GDIV 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GDIV 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, GDIV currently yields 1.14% against 3.31% for SCHD.
Holdings Overlap
GDIV and SCHD share 5 holdings out of 146 unique holdings combined, representing a 6.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GDIV | Weight in SCHD | Difference |
|---|---|---|---|
| KO | 2.54% | 4.08% | 1.54% |
| MRK | 1.78% | 4.32% | 2.54% |
| AMGN | 1.48% | 4.25% | 2.77% |
| EWBC | Pro | Pro | Pro |
| WSO | Pro | Pro | Pro |
See all 5 holdings GDIV shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, GDIV or SCHD?
GDIV 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, GDIV or SCHD?
Over the past year GDIV returned +24.68% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), GDIV annualized +12.95% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, GDIV or SCHD?
GDIV has been the more volatile fund at 14.2% annualized versus 13.6% for SCHD. Worst drawdown: GDIV -18.9% vs SCHD -33.4%.
Should I hold both GDIV and SCHD?
GDIV and SCHD have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GDIV and SCHD?
GDIV and SCHD share 5 common holdings with a 6.6% weight overlap. Combined, they hold 146 unique securities.
Which pays a higher dividend, GDIV or SCHD?
GDIV yields 1.14% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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