HDV vs SCHD: Yield, Cost and Returns Compared
As of Nov 7, 2026, HDV yields more: 3.16% (dividend yield) against 3.00% for SCHD. SCHD is cheaper to own at 0.06% a year vs 0.08%. Over the same 15 years (Oct 2011 to Oct 2026), SCHD returned 13.5% a year with distributions reinvested, and HDV 11.4%.
HDViShares Core High Dividend ETF3.16%dividend yield
SCHDSchwab U.S. Dividend Equity ETF3.00%dividend yield| Compared | HDV | SCHD |
|---|---|---|
| YieldDividend yield | 3.16% | 3.00% |
| Expense ratio | 0.08% | 0.06% |
| Total return, 1 yr | +34.8% | +38.5% |
| Total return, 3 yr (a year) | +21.7% | +20.7% |
| Total return, 5 yr (a year) | +13.6% | +10.6% |
| Total return, 10 yr (a year) | +10.9% | +13.7% |
| Worst drop since Oct 2011 | -26.0% | -21.6% |
| Share price since Oct 2011 | +195% | +321% |
| Pays | Monthly | Quarterly |
| Issuer | iShares | Schwab |
| Assets | $16.3B | $121.1B |
| Started | 2011 | 2011 |
| Type | Large Value | Large Value |
Higher yield
HDV
3.16%
Lower cost
SCHD
0.06%
Better total return
SCHD
13.5%/yr
Smaller worst drop
SCHD
-21.6%
Key facts: HDV vs SCHD
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, HDV yields 3.16% (dividend yield) and SCHD yields 3.00% (dividend yield).
- HDV's expense ratio is 0.08% and SCHD's is 0.06%: $8 vs $6 a year on $10,000.
- From Oct 2011 to Oct 2026, $10,000 in HDV grew to $50,308 (11.4% a year) and $10,000 in SCHD to $66,879 (13.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -26.0% for HDV and -21.6% for SCHD.
- 5 of HDV's top ten holdings are also in SCHD's top ten, an overlap of at least 20% of the fund.
Cite this page
SmarterDividends, "HDV vs SCHD: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/hdv-vs-schd
$10,000 in each, Oct 2011 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
HDV became
$50,308
11.4% a year
SCHD became
$66,879
13.5% a year
Year by year
| Year | HDV | SCHD |
|---|---|---|
| 2025 | +11.9% | +4.3% |
| 2024 | +14.2% | +11.7% |
| 2023 | +1.7% | +4.5% |
| 2022 | +7.0% | −3.3% |
| 2021 | +19.6% | +29.8% |
| 2020 | −6.5% | +15.0% |
| 2019 | +20.2% | +27.3% |
| 2018 | −3.0% | −5.6% |
| 2017 | +13.3% | +20.8% |
| 2016 | +15.8% | +16.2% |
| 2015 | −0.3% | −0.4% |
| 2014 | +12.6% | +11.4% |
| 2013 | +23.7% | +32.8% |
| 2012 | +9.6% | +11.1% |
Total return each calendar year, distributions reinvested.
Top holdings
5 of the top ten overlap, at least 20% of each fund.
HDV
- XOM ExxonMobil Holdings Corp9.6%
- CVX Chevron Corp7.3%
- ABBV AbbVie Inc6.8%
- PG Procter & Gamble Co5.4%
- VZ Verizon Communications Inc5.1%
- PM Philip Morris International Inc5.1%
- HD The Home Depot Inc4.6%
- KO Coca-Cola Co4.3%
- PEP PepsiCo Inc3.9%
- MO Altria Group Inc3.9%
SCHD
- TXN Texas Instruments Inc4.6%
- COP ConocoPhillips4.3%
- CVX Chevron Corp4.3%
- PG Procter & Gamble Co4.2%
- KO Coca-Cola Co4.1%
- AMGN Amgen Inc4.1%
- HD The Home Depot Inc4.0%
- UNH UnitedHealth Group Inc3.9%
- MRK Merck & Co Inc3.8%
- PEP PepsiCo Inc3.8%
HDV vs SCHD: questions
Is HDV or SCHD better?
It depends on the job. HDV pays more today (3.16% vs 3.00%), SCHD costs less, and SCHD has the better total return over Oct 2011 to Oct 2026, with SCHD holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, HDV or SCHD?
HDV, at 3.16% against 3.00% for SCHD as of Nov 7, 2026. On $10,000 that's about $316 vs $300 a year at today's rates.
Which has the better total return?
SCHD. From Oct 2011 to Oct 2026, it returned 13.5% a year with distributions reinvested, against 11.4% for HDV. $10,000 became $66,879 vs $50,308.
Which is cheaper, HDV or SCHD?
SCHD, with a 0.06% expense ratio against 0.08%.
Do HDV and SCHD hold the same things?
Partly. 5 of their top ten holdings match (CVX, PG, KO, HD), at least 20% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SCHD leads on 5 of 8 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.