HYBL vs SCHD
HYBL vs SCHD
State Street Blackstone High Income 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 | HYBL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.06% | |
| AUM | $569M | $103.7B | |
| Dividend Yield | 7.13% | 3.31% | |
| Holdings | 659 | 104 | |
| YTD Return | -1.97% | +23.31% | |
| 1Y Return | +1.18% | +30.42% | |
| 3Y Return (annualized) | +6.88% | +14.66% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 5.2% | 13.6% | |
| Max Drawdown | -8.5% | -33.4% | |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Feb 16, 2022 | Oct 20, 2011 |
HYBL vs SCHD Performance
State Street Blackstone High Income ETF (HYBL) is a ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HYBL returned +1.18% while SCHD returned +30.42%. Year to date, HYBL is down 1.97% versus a gain of 23.31% for SCHD.
Over three years, HYBL compounded at +6.88% per year against +14.66% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.34% annualized vs +4.74%. 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 5.2% for HYBL. 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 -8.5% for HYBL 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
HYBL charges 0.70% per year while SCHD charges 0.06%. On a $10,000 position that is $70 vs $6 annually, a gap of $64 per year that compounds over a long holding period. On income, HYBL currently yields 7.13% against 3.31% for SCHD.
Holdings Overlap
HYBL and SCHD share 0 holdings out of 152 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, HYBL or SCHD?
HYBL has an expense ratio of 0.70% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $64 per year of difference.
Which performed better, HYBL or SCHD?
Over the past year HYBL returned +1.18% vs +30.42% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), HYBL annualized +4.74% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, HYBL or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 5.2% for HYBL. Worst drawdown: HYBL -8.5% vs SCHD -33.4%.
Should I hold both HYBL and SCHD?
HYBL 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 HYBL and SCHD?
HYBL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 152 unique securities.
Which pays a higher dividend, HYBL or SCHD?
HYBL yields 7.13% while SCHD yields 3.31%, so HYBL currently pays the higher dividend yield.
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