HCRB vs SCHD
HCRB vs SCHD
Hartford Core Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HCRB offers more diversification with 613 holdings.
Side-by-Side Comparison
| Metric | HCRB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.06% | |
| AUM | $401M | $103.7B | |
| Dividend Yield | 4.03% | 3.31% | |
| Holdings | 852 | 104 | |
| YTD Return | -2.84% | +22.69% | |
| 1Y Return | -0.09% | +30.94% | |
| 3Y Return (annualized) | +3.36% | +14.20% | |
| 5Y Return (annualized) | -0.98% | +9.59% | |
| Volatility (annualized) | 6.3% | 13.7% | |
| Max Drawdown | -19.9% | -33.4% | |
| Fund Family | Hartford Funds | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Feb 19, 2020 | Oct 20, 2011 |
HCRB vs SCHD Performance
Hartford Core Bond ETF (HCRB) is a ETF from Hartford Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HCRB returned -0.09% while SCHD returned +30.94%. Year to date, HCRB is down 2.84% versus a gain of 22.69% for SCHD.
Over three years, HCRB compounded at +3.36% per year against +14.20% for SCHD; over five years the annualized figures are -0.98% and +9.59% respectively. Across the full 6-year window we track, SCHD has the edge at +11.31% annualized vs +0.20%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 6.3% for HCRB. 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 -19.9% for HCRB 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HCRB charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, HCRB currently yields 4.03% against 3.31% for SCHD.
Holdings Overlap
HCRB and SCHD share 0 holdings out of 713 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, HCRB or SCHD?
HCRB has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.
Which performed better, HCRB or SCHD?
Over the past year HCRB returned -0.09% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), HCRB annualized +0.20% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, HCRB or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 6.3% for HCRB. Worst drawdown: HCRB -19.9% vs SCHD -33.4%.
Should I hold both HCRB and SCHD?
HCRB and SCHD have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HCRB and SCHD?
HCRB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 713 unique securities.
Which pays a higher dividend, HCRB or SCHD?
HCRB yields 4.03% while SCHD yields 3.31%, so HCRB currently pays the higher dividend yield.
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