HDLB vs SCHD
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B vs Schwab US Dividend Equity ETF
Which is better, HDLB or SCHD?
Trading-Leveraged Equity against Large Cap Value.
HDLB has a lower expense ratio. HDLB led over 3Y and 5Y, SCHD over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HDLB | SCHD |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.06% |
| AUM | $6M | $111.6B |
| Dividend Yield | 9.97% | 3.24% |
| Holdings | - | 206 |
| YTD Return | +9.10% | +24.55%Best |
| 1Y Return | +9.78% | +29.85%Best |
| 3Y Return (annualized) | +29.62%Best | +16.64% |
| 5Y Return (annualized) | +12.40%Best | +9.54% |
| Volatility (annualized) | 40.5% | 16.6%Best |
| Max Drawdown | -79.0% | -33.4%Best |
| $10,000 over 5 years | $17,940Best | $15,771 |
| Fund Family | UBS AG | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Value |
| Inception | Oct 25, 2019 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 25, 2019 to Oct 14, 2026 (7 years).
HDLB vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7 years both funds cover.
HDLB vs SCHD Performance
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB) is an ETF from UBS AG and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year HDLB returned +9.78% while SCHD returned +29.85%. Year to date, HDLB is up 9.10% versus a gain of 24.55% for SCHD.
Over three years, HDLB compounded at +29.62% per year against +16.64% for SCHD; over five years the annualized figures are +12.40% and +9.54% respectively. Across the full 7-year window we track, SCHD has the edge at +12.17% annualized vs +1.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HDLB has been the more volatile fund, with annualized monthly volatility of 40.5% compared with 16.6% for SCHD. 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 -79.0% for HDLB and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HDLB charges 0.00% per year while SCHD charges 0.06%. On a $10,000 position that is $0 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, HDLB currently yields 9.97% against 3.24% for SCHD.
You are not choosing between two funds in isolation.
Whichever of HDLB and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HDLB or SCHD?
HDLB has an expense ratio of 0.00% while SCHD charges 0.06%. HDLB is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, HDLB or SCHD?
Over the past year HDLB returned +9.78% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), HDLB annualized +1.89% vs +12.17% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HDLB or SCHD?
HDLB has been the more volatile fund at 40.5% annualized versus 16.6% for SCHD. Worst drawdown: HDLB -79.0% vs SCHD -33.4%.
Should I hold both HDLB and SCHD?
HDLB and SCHD have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HDLB or SCHD?
HDLB yields 9.97% while SCHD yields 3.24%, so HDLB currently pays the higher dividend yield.
Is SCHD better than HDLB?
HDLB has a lower expense ratio. HDLB led over 3Y and 5Y, SCHD over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.