HIDV vs SCHX
AB US High Dividend ETF vs Schwab US Large-Cap ETF
Which is better, HIDV or SCHX?
Nearly the same fund. SCHX costs less.
SCHX has a lower expense ratio. HIDV led over 1Y, SCHX over 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. HIDV is less concentrated, with 36.8% of the fund in its ten largest positions against 36.9%.
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 | HIDV | SCHX |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $205M | $75.3B |
| Dividend Yield | 2.56% | 1.04% |
| Holdings | 108 | 752 |
| YTD Return | +11.94% | +13.08%Best |
| 1Y Return | +17.30%Best | +16.62% |
| 3Y Return (annualized) | +21.14% | +22.27%Best |
| 5Y Return (annualized) | - | +12.56% |
| Volatility (annualized) | 12.5%Tie | 12.5%Tie |
| Max Drawdown | -18.8%Best | -19.0% |
| $10,000 over 3.6 years | $19,993 | $20,623Best |
| Top 10 Weight | 36.8%Best | 36.9% |
| Fund Family | AllianceBernstein L.P. | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 22, 2023 | Nov 3, 2009 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 22, 2023 to Oct 14, 2026 (3.6 years).
HIDV vs SCHX 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 3.6 years both funds cover.
HIDV vs SCHX Performance
AB US High Dividend ETF (HIDV) is an ETF from AllianceBernstein L.P. and Schwab US Large-Cap ETF (SCHX) is an ETF from Charles Schwab Asset Management. Over the past year HIDV returned +17.30% while SCHX returned +16.62%. Year to date, HIDV is up 11.94% versus a gain of 13.08% for SCHX.
Over three years, HIDV compounded at +21.14% per year against +22.27% for SCHX. Across the full 4-year window we track, SCHX has the edge at +22.27% annualized vs +21.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIDV and SCHX have been equally volatile, both at 12.5% annualized.
The deepest peak-to-trough decline in our data was -18.8% for HIDV and -19.0% for SCHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HIDV charges 0.35% per year while SCHX charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, HIDV currently yields 2.56% against 1.04% for SCHX.
Holdings Overlap
82.5% of HIDV's money is in holdings SCHX also owns. 56.0% of SCHX's money is in holdings HIDV also owns.
Most of HIDV is already inside SCHX. Owning both mostly buys the same companies twice.
72 positions in common, counted across the 107 positions we hold weights for in HIDV and 752 in SCHX, against full books of 108 and 752.
What only one of them owns
Our book lists 657 positions for SCHX that do not appear in our book for HIDV (43.2% of the fund), and 30 for HIDV that do not appear in SCHX (15.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HIDV | Weight in SCHX | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.45% | 8.02% | 1.43% |
| AAPLApple, Inc | 7.03% | 6.90% | 0.13% |
| MSFTMicrosoft Corp | 5.27% | 5.44% | 0.17% |
| AMZNAmazon.Com Inc | 2.92% | 3.50% | 0.58% |
| GOOGLAlphabet Inc | 3.00% | 2.86% | 0.14% |
| MUMicron Technology, Inc. | 2.63% | 1.72% | 0.91% |
| AVGOBroadcom Inc | 1.77% | 2.40% | 0.63% |
| GOOGAlphabet Inc. C | 1.62% | 2.29% | 0.67% |
| METAMeta Platforms Inc | 1.57% | 2.28% | 0.71% |
| TSLATesla Inc | 0.79% | 1.48% | 0.69% |
82.5% of HIDV is already inside SCHX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HIDV or SCHX?
HIDV has an expense ratio of 0.35% while SCHX charges 0.03%. SCHX is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, HIDV or SCHX?
Over the past year HIDV returned +17.30% vs +16.62% for SCHX, so HIDV leads on 1-year performance. Over the longest common window we track (4 years), HIDV annualized +21.22% vs +22.27% for SCHX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIDV or SCHX?
HIDV and SCHX have been equally volatile, both at 12.5% annualized. Worst drawdown: HIDV -18.8% vs SCHX -19.0%.
Should I hold both HIDV and SCHX?
HIDV and SCHX have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HIDV and SCHX?
82.5% of HIDV's money is in holdings SCHX also owns. 56.0% of SCHX's is in holdings HIDV also owns. They hold 72 positions in common, counted across the 107 positions we hold weights for in HIDV and 752 in SCHX.
Which pays a higher dividend, HIDV or SCHX?
HIDV yields 2.56% while SCHX yields 1.04%, so HIDV currently pays the higher dividend yield.
Is SCHX better than HIDV?
SCHX has a lower expense ratio. HIDV led over 1Y, SCHX over 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. HIDV is less concentrated, with 36.8% of the fund in its ten largest positions against 36.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.