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SCHD vs. HDV: Which Dividend ETF Is the Better Buy for Investors?

SCHD offers lower costs and boasts stronger one-year returns than HDV, which maintains a more concentrated portfolio of high-yielding U.S. stocks.

SCHD vs. HDV: Which Dividend ETF Is the Better Buy for Investors?

Published August 14, 2026 · Category: Finance

Overview

Income-seeking investors often gravitate toward established dividend funds to balance long-term capital appreciation with steady quarterly cash flow. Both the Schwab U.S. Dividend Equity ETF (NYSEMKT:SCHD) and the iShares Core High Dividend ETF (NYSEMKT:HDV) target mature American companies that pay out a significant portion of earnings to shareholders -- a defensive tilt that can be especially valuable during stretches of market uncertainty.

Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

Details

With an expense ratio of 0.06%, SCHD is slightly cheaper than HDV, which charges 0.08%. SCHD also carries a slightly higher dividend yield.

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.