Comparison of SCHD and HDV High-Income ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Source: Fool
- Yield and Risk: SCHD offers a dividend yield of 3.3%, surpassing HDV's 3%, while maintaining a lower expense ratio of 0.06% compared to HDV's 0.08%, making SCHD more attractive for long-term investors seeking stable income.
- Assets Under Management: SCHD manages $88.9 billion in assets, significantly larger than HDV's $13.4 billion, which enhances SCHD's resilience against market volatility and provides better liquidity for investors.
- Historical Performance Comparison: Over the past decade, SCHD has achieved an average annual return of 12.5%, notably higher than HDV's 9.3%, indicating a more successful stock selection strategy, particularly during the 2016-2021 period, showcasing its long-term investment value.
- Portfolio Overlap and Sector Distribution: The two funds share a 44% overlap in assets, primarily in consumer staples, energy, and healthcare, but SCHD is more concentrated in industrials and communication services, while HDV has a higher allocation in utilities and energy, which may influence investors' sector preferences and risk profiles.
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Analyst Views on MORN
Wall Street analysts forecast MORN stock price to rise
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 141.840
Low
250.00
Averages
285.00
High
320.00
Current: 141.840
Low
250.00
Averages
285.00
High
320.00
About MORN
Morningstar, Inc. is a provider of independent investment insights. The Company's segments include Morningstar Direct Platform, PitchBook, Morningstar Credit, Morningstar Wealth, and Morningstar Retirement. The Morningstar Direct Platform provides investors with data, research and insights, and investment analysis to empower investment decision-making. The PitchBook provides investors with access to data, research, analytics, and artificial intelligence (AI) enabled software across private capital markets, including venture capital, private equity, private credit, bank loans, and mergers & acquisitions (M&A). Morningstar Credit provides investors with credit ratings, research, data, and credit analytics solutions. Morningstar Wealth provides investment products, investor tools, and an advisor platform powered by research and data. The Morningstar Retirement offers products designed to help individuals reach retirement goals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Investor Tool Gap: As the CLO market rapidly expands, the demand for high-quality investor tools is increasing, and Morningstar's head of innovation stated that this collaboration will fill the market gap and enhance investor competitiveness in this complex asset class.
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