HFSI vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HFSI offers more diversification with 362 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: HFSI

Side-by-Side Comparison

MetricHFSISCHDWinner
Expense Ratio0.49%0.06%
AUM$1.0B$103.7B
Dividend Yield5.25%3.31%
Holdings1,019104
YTD Return-1.97%+23.02%
1Y Return+0.70%+30.75%
3Y Return (annualized)+6.62%+14.89%
5Y Return (annualized)-+9.38%
Volatility (annualized)6.7%13.6%
Max Drawdown-19.3%-33.4%
Fund FamilyHartford FundsCharles Schwab Asset Management
CategoryFixed IncomeEquity
InceptionSep 21, 2021Oct 20, 2011

HFSI vs SCHD Performance

Hartford Strategic Income ETF (HFSI) 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 HFSI returned +0.70% while SCHD returned +30.75%. Year to date, HFSI is down 1.97% versus a gain of 23.02% for SCHD.

Over three years, HFSI compounded at +6.62% per year against +14.89% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.33% annualized vs +1.74%. 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 6.7% for HFSI. 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 -19.3% for HFSI 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

HFSI charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, HFSI currently yields 5.25% against 3.31% for SCHD.

Holdings Overlap

0.3%overlap

HFSI and SCHD share 1 holdings out of 461 unique holdings combined, representing a 0.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in HFSIWeight in SCHDDifference
ARES0.25%0.66%0.41%

Frequently Asked Questions

Which is cheaper, HFSI or SCHD?

HFSI has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $43 per year of difference.

Which performed better, HFSI or SCHD?

Over the past year HFSI returned +0.70% vs +30.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), HFSI annualized +1.74% vs +11.33% for SCHD. Past performance does not guarantee future results.

Which is riskier, HFSI or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 6.7% for HFSI. Worst drawdown: HFSI -19.3% vs SCHD -33.4%.

Should I hold both HFSI and SCHD?

HFSI and SCHD have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between HFSI and SCHD?

HFSI and SCHD share 1 common holdings with a 0.3% weight overlap. Combined, they hold 461 unique securities.

Which pays a higher dividend, HFSI or SCHD?

HFSI yields 5.25% while SCHD yields 3.31%, so HFSI currently pays the higher dividend yield.

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