SCHD vs HDV: Dividend Yield, Total Return & Fees Compared

Schwab U.S. Dividend Equity ETFiShares Core High Dividend ETF

Data as of the close · refreshed automatically every trading day

Higher yieldSCHD3.18% vs 3.01%
Better 1-year total returnSCHD+27.35% vs +20.22%
Better 5-year total returnHDV+77.04% vs +57.83%

SCHD vs HDV at a glance

This page compares Schwab U.S. Dividend Equity ETF (SCHD) with iShares Core High Dividend ETF (HDV) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, SCHD has led over the last 12 months at +27.35% versus +20.22% for HDV. SCHD currently yields 3.18% (trailing 12-month) against 3.01% for HDV. Across five years the total-return gap is +77.04% for HDV vs +57.83% for SCHD.

SCHD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for SCHD and HDV
MetricSCHDHDV
Last close$33.21$28.28
Dividend yield3.18% (TTM)3.01% (TTM)
Expense ratio0.06%—
Paysquarterlyquarterly
Dividends, last 12 months$1.06 (4 payments)$0.8522 (6 payments)
IssuerSchwabiShares
InceptionOct 21, 2011—

Performance: SCHD vs HDV

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

SCHDHDV

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
SCHDSchwab U.S. Dividend Equity ETF
3.18%
+27.35%Best$33.21$0.267QuarterlySchwab
HDViShares Core High Dividend ETF
3.01%
+20.22%$28.28$0.056QuarterlyiShares

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
SCHDSchwab U.S. Dividend Equity ETF-4.65%+4.74%+10.49%+27.35%+28.43%+57.83%
HDViShares Core High Dividend ETF-4.95%+3.61%+7.03%+20.22%+29.54%+77.04%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
SCHDSchwab U.S. Dividend Equity ETF$0.267Sep 23, 2026+5.53%$1.0554 payoutsDec 6, 2023: $0.25Mar 20, 2024: $0.20Jun 26, 2024: $0.27Sep 25, 2024: $0.25Dec 11, 2024: $0.265Mar 26, 2025: $0.249Jun 25, 2025: $0.26Sep 24, 2025: $0.26Dec 10, 2025: $0.278Mar 25, 2026: $0.257Jun 24, 2026: $0.253Sep 23, 2026: $0.267
HDViShares Core High Dividend ETF$0.056Sep 16, 2026-46.67%$0.85226 payoutsJun 11, 2024: $0.1856Sep 25, 2024: $0.2458Dec 17, 2024: $0.2244Mar 18, 2025: $0.159Jun 16, 2025: $0.1826Sep 16, 2025: $0.19Dec 16, 2025: $0.2506Mar 17, 2026: $0.1686Jun 15, 2026: $0.185Jul 15, 2026: $0.087Aug 19, 2026: $0.105Sep 16, 2026: $0.056

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

SCHDHDV
Sep 23, 2026$0.267Sep 16, 2026$0.056
Jun 24, 2026$0.253Aug 19, 2026$0.105
Mar 25, 2026$0.257Jul 15, 2026$0.087
Dec 10, 2025$0.278Jun 15, 2026$0.185
Sep 24, 2025$0.260Mar 17, 2026$0.1686
Jun 25, 2025$0.260Dec 16, 2025$0.2506
Mar 26, 2025$0.249Sep 16, 2025$0.190
Dec 11, 2024$0.265Jun 16, 2025$0.1826
Sep 25, 2024$0.250Mar 18, 2025$0.159
Jun 26, 2024$0.270Dec 17, 2024$0.2244
Mar 20, 2024$0.200Sep 25, 2024$0.2458
Dec 6, 2023$0.250Jun 11, 2024$0.1856

SCHD vs HDV: common questions

Which pays a higher dividend, SCHD or HDV?

As of September 25, 2026, SCHD yields 3.18% (trailing 12-month) and HDV yields 3.01% (trailing 12-month), so SCHD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, SCHD or HDV?

Over the past year with dividends reinvested, SCHD returned +27.35% and HDV returned +20.22%. Over five years, SCHD returned +57.83% and HDV returned +77.04%. Past performance does not predict future results.

What would $10,000 in SCHD vs HDV be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,735 in SCHD and $12,022 in HDV.

How often do SCHD and HDV pay dividends?

SCHD pays quarterly (4 payments in the last 12 months) and HDV pays quarterly (6 payments).

Is SCHD or HDV the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with SCHD and HDV.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.