HYGV vs SCHD
HYGV vs SCHD
FlexShares High Yield Value-Scored Bond Index Fund vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. HYGV offers more diversification with 854 holdings.
Side-by-Side Comparison
| Metric | HYGV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.37% | 0.06% | |
| AUM | $1.1B | $103.7B | |
| Dividend Yield | 7.38% | 3.31% | |
| Holdings | 958 | 104 | |
| YTD Return | +1.85% | +22.69% | |
| 1Y Return | +5.54% | +30.94% | |
| 3Y Return (annualized) | +7.91% | +14.20% | |
| 5Y Return (annualized) | +3.41% | +9.59% | |
| Volatility (annualized) | 9.1% | 13.7% | |
| Max Drawdown | -25.9% | -33.4% | |
| Fund Family | Flexshares Trust | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Jul 17, 2018 | Oct 20, 2011 |
HYGV vs SCHD Performance
FlexShares High Yield Value-Scored Bond Index Fund (HYGV) is a ETF from Flexshares Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HYGV returned +5.54% while SCHD returned +30.94%. Year to date, HYGV is up 1.85% versus a gain of 22.69% for SCHD.
Over three years, HYGV compounded at +7.91% per year against +14.20% for SCHD; over five years the annualized figures are +3.41% and +9.59% respectively. Across the full 8-year window we track, SCHD has the edge at +11.31% annualized vs +2.36%. 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 9.1% for HYGV. 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 -25.9% for HYGV 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYGV charges 0.37% per year while SCHD charges 0.06%. On a $10,000 position that is $37 vs $6 annually, a gap of $31 per year that compounds over a long holding period. On income, HYGV currently yields 7.38% against 3.31% for SCHD.
Holdings Overlap
HYGV and SCHD share 0 holdings out of 954 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, HYGV or SCHD?
HYGV has an expense ratio of 0.37% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, HYGV or SCHD?
Over the past year HYGV returned +5.54% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), HYGV annualized +2.36% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, HYGV or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 9.1% for HYGV. Worst drawdown: HYGV -25.9% vs SCHD -33.4%.
Should I hold both HYGV and SCHD?
HYGV and SCHD have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYGV and SCHD?
HYGV and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 954 unique securities.
Which pays a higher dividend, HYGV or SCHD?
HYGV yields 7.38% while SCHD yields 3.31%, so HYGV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.