HDV vs SCHD
iShares Core High Dividend ETF vs Schwab U.S. Dividend Equity ETF
Last updated: 2026-04-10
iShares Core High Dividend ETF (HDV) is an exchange-traded fund issued by iShares that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.08%. The fund offers an attractive dividend yield of 2.95%. Launched in 2011, the fund has a 15-year track record.
Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund issued by Schwab that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 3.44%. Launched in 2011, the fund has a 15-year track record.
Quick Verdict
SCHD has a slightly lower expense ratio (0.06% vs 0.08%), saving about $40 per $10,000 over 10 years. SCHD has edged ahead over the past year (22.8% vs 21.7%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
3 of top 10 holdings overlap (30% overlap in top holdings)
HDV Top Holdings
| Name | Weight |
|---|---|
| Exxon Mobil CorporationXOM | 8.67% |
| Chevron CorporationCVX | 6.52% |
| Johnson & JohnsonJNJ | 6.06% |
| AbbVie Inc.ABBV | 5.53% |
| The Procter & Gamble CompanyPG | 4.46% |
| Merck & Co., Inc.MRK | 4.32% |
| The Home Depot, Inc.HD | 4.23% |
| Philip Morris International Inc.PM | 4.14% |
| The Coca-Cola CompanyKO | 3.86% |
| The Progressive CorporationPGR | 3.79% |
SCHD Top Holdings
| Name | Weight |
|---|---|
| Chevron CorporationCVX | 4.41% |
| ConocoPhillipsCOP | 4.28% |
| Merck & Co., Inc.MRK | 4.15% |
| The Coca-Cola CompanyKO | 4.08% |
| Texas Instruments IncorporatedTXN | 4.07% |
| UnitedHealth Group IncorporatedUNH | 3.98% |
| Verizon Communications Inc.VZ | 3.96% |
| PepsiCo, Inc.PEP | 3.95% |
| Abbott LaboratoriesABT | 3.73% |
| Amgen Inc.AMGN | 3.73% |
Which One Should You Choose?
Choose SCHD if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose SCHD if...
you prioritize dividend income and want higher regular distributions from your portfolio.
Either works if...
you just need broad us dividend exposure. Both are solid options — pick whichever your brokerage offers commission-free.