HDGE vs SCHD
HDGE vs SCHD
AdvisorShares Ranger Equity Bear 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 | HDGE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 3.62% | 0.06% | |
| AUM | $59M | $103.7B | |
| Dividend Yield | 3.39% | 3.31% | |
| Holdings | 50 | 104 | |
| YTD Return | -10.46% | +24.08% | |
| 1Y Return | -12.04% | +31.88% | |
| 3Y Return (annualized) | -7.54% | +14.92% | |
| 5Y Return (annualized) | -7.76% | +9.85% | |
| Volatility (annualized) | 20.8% | 13.6% | |
| Max Drawdown | -94.5% | -33.4% | |
| Fund Family | Advisor Shares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 26, 2011 | Oct 20, 2011 |
HDGE vs SCHD Performance
AdvisorShares Ranger Equity Bear ETF (HDGE) is a ETF from Advisor Shares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HDGE returned -12.04% while SCHD returned +31.88%. Year to date, HDGE is down 10.46% versus a gain of 24.08% for SCHD.
Over three years, HDGE compounded at -7.54% per year against +14.92% for SCHD; over five years the annualized figures are -7.76% and +9.85% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs -16.05%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HDGE 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 -94.5% for HDGE 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 -0.71. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HDGE charges 3.62% per year while SCHD charges 0.06%. On a $10,000 position that is $362 vs $6 annually, a gap of $356 per year that compounds over a long holding period. On income, HDGE currently yields 3.39% against 3.31% for SCHD.
Holdings Overlap
HDGE and SCHD share 5 holdings out of 157 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 HDGE | Weight in SCHD | Difference |
|---|---|---|---|
| PAYX | -1.79% | 0.93% | 2.72% |
| ARES | -1.60% | 0.66% | 2.26% |
| OZK | -1.99% | 0.13% | 2.12% |
| BAH | Pro | Pro | Pro |
| NXST | Pro | Pro | Pro |
See all 5 holdings HDGE 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, HDGE or SCHD?
HDGE has an expense ratio of 3.62% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $356 per year of difference.
Which performed better, HDGE or SCHD?
Over the past year HDGE returned -12.04% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), HDGE annualized -16.05% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, HDGE or SCHD?
HDGE has been the more volatile fund at 20.8% annualized versus 13.6% for SCHD. Worst drawdown: HDGE -94.5% vs SCHD -33.4%.
Should I hold both HDGE and SCHD?
HDGE and SCHD have a monthly-return correlation of -0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HDGE and SCHD?
HDGE and SCHD share 5 common holdings with a 0.0% weight overlap. Combined, they hold 157 unique securities.
Which pays a higher dividend, HDGE or SCHD?
HDGE yields 3.39% while SCHD yields 3.31%, so HDGE currently pays the higher dividend yield.
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