Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs SCHD: how they differ
HDV and SCHD hold 41% of their weight in the same names, and SCHD returned more over the year.
iShares Core High Dividend ETF and Schwab U.S. Dividend Equity ETF.
What they hold in common
By the books each fund has filed, HDV and SCHD hold 41% of their money in the same securities at the same weight.
| Holding | HDV | SCHD |
|---|---|---|
| COCA-COLA COMPANY (THE) | 3.88% | 3.96% |
| CHEVRON CORP | 6.45% | 3.84% |
| MERCK & COMPANY INC | 3.78% | 3.87% |
| PROCTER & GAMBLE COMPANY (THE) | 4.47% | 3.55% |
| TEXAS INSTRUMENTS INC | 3.55% | 5.92% |
| PEPSICO INC | 3.67% | 3.45% |
| HOME DEPOT INC (THE) | 4.08% | 3.37% |
| ALTRIA GROUP INC | 3.71% | 2.94% |
| QUALCOMM INC | 2.38% | 6.75% |
| BLACKSTONE INC | 2.43% | 2.21% |
| CONOCOPHILLIPS | 2.14% | 3.52% |
| EOG RESOURCES INC | 1.14% | 1.82% |
| Only in HDV | Only in SCHD |
|---|---|
| EXXON MOBIL CORP 8.45% | UnitedHealth Group Inc 5.10% |
| JOHNSON & JOHNSON 5.70% | Verizon Communications Inc 3.66% |
| ABBVIE INC 5.45% | Amgen Inc 3.48% |
| PHILIP MORRIS INTERNATIONAL INC 4.18% | Abbott Laboratories 2.97% |
| PROGRESSIVE CORP (THE) 3.80% | Bristol-Myers Squibb Co 2.94% |
| US BANCORP 1.69% | Accenture PLC 2.90% |
| ACCENTURE PLC 1.65% | Lockheed Martin Corp 2.71% |
| DUKE ENERGY CORP 1.57% | Automatic Data Processing Inc 2.25% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 31, 2026.
| HDV iShares Core High Dividend ETF | SCHD Schwab U.S. Dividend Equity ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | Core High Dividend | US dividend |
| Total return, 1 year | +22.5% | +27.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | +10.1 pts |
| Expense ratio | 0.08% | 0.06% |
| Already in the S&P 500 | 98.0% | 95.1% |
| Holdings | 75 | 99 |
HDV in plain words
HDV is an index equity fund tracking the Core High Dividend. Over the year to Sep 11, 2026 it returned +22.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 50.2%.
SCHD in plain words
SCHD is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +27.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%. It sat 3.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, HDV or SCHD?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and SCHD returned +27.6%, so SCHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or SCHD?
- HDV charges 0.08% a year and SCHD charges 0.06%, so SCHD is cheaper. Fees come from each fund's prospectus.
- How much do HDV and SCHD overlap with the S&P 500?
- By their latest filed holdings, 98% of HDV and 95% of SCHD by weight is stocks the S&P 500 already holds. Between the two funds, 41% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HDV against SCHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-SCHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources