Compare/Updated Oct 26, 2026, refreshed every trading day
HDV vs SCHD
iShares Core High Dividend ETF against Schwab U.S. Dividend Equity ETF: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
HDV did better over the period: $1,000 invested on October 28, 2022 grew to $1,699, versus $1,649 for SCHD, a 69.9% versus 64.9% total return. HDV also led over three years, while SCHD delivered stronger one-year and YTD returns. The difference matters because HDV achieved the longer-period advantage with a lower worst drawdown of 10.5%, compared with 16.1% for SCHD, although its 12-month volatility was slightly higher at 11.6% versus 11.3%. HDV’s 0.08% expense ratio is higher than SCHD’s 0.06%, but both costs are low. Their daily moves were highly correlated at 0.886, so diversification benefits between them are limited. Performance leadership was close: SCHD won 25 of the last 48 months, while HDV won 23.
- Price is above its 200-day average ($27); 50-day at $29.
- RSI 72, overbought. Supertrend says buy. ADX 35, so the trend is strong.
- Price is above its 200-day average ($32); 50-day at $34.
- RSI 73, overbought. Supertrend says buy. ADX 33, so the trend is strong.
Head to head
Which has returned more, HDV or SCHD?
HDV beat SCHD in 23 of the last 48 months; SCHD won the other 25. The typical monthly gap was 0.89 points.
Total return by period
Which is riskier?
HDV: Mar 31, 2025 to Apr 8, 2025; SCHD: Nov 29, 2024 to Apr 8, 2025
- 0.886
- correlation of daily moves, 4 years
- 0.80
- HDV move per 1% in SCHD
- 0.858
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 0.89 points.
When did they diverge?
| Month | HDV | SCHD | Gap |
|---|---|---|---|
| April 2026 | +1.2% | +4.5% | -3.30 pts |
| March 2023 | +2.2% | -1.1% | +3.28 pts |
| June 2026 | +1.5% | -1.6% | +3.09 pts |
| December 2023 | +3.3% | +6.3% | -2.95 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
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