HDV vs SCHD: Dividend Yield, Growth & Safety Comparison
iShares Core High Dividend ETF (HDV) and Schwab US Dividend Equity ETF (SCHD) are both in the ETF sector, making them natural rivals for dividend investors. SCHD edges ahead on yield at 3.51% versus HDV's 2.96%. For dividend growth, SCHD leads with a 5-year CAGR of 8.7% versus HDV's 2.8%. SCHD is a Dividend Contender with 14 years of consecutive increases.
Key Metrics Comparison
| Metric | HDV | SCHD |
|---|
| Dividend Yield | 2.96% | 3.51% |
| Annual Dividend | $3.91 | $1.05 |
| 5-Year CAGR | 2.8% | 8.7% |
| Payout Ratio | N/A | N/A |
| Consecutive Years | 0 | 14 |
| Price | $138.92 | $31.61 |
Yield Comparison
Schwab US Dividend Equity ETF (SCHD) currently yields 3.51%, which is solid for the broader market. That's 0.55% more than iShares Core High Dividend ETF (HDV), which yields 2.96%. In dollar terms, SCHD pays $1.05/share annually versus HDV's $3.91/share.
Dividend Growth
Over the past five years, SCHD has grown its dividend at a 8.7% CAGR compared to HDV's 2.8%. HDV: Dividend growth is slowing — the 3-year CAGR of 0.2% trails the 5-year rate of 2.8% and the 10-year rate of 4.2%. SCHD: Dividend growth has been steady, with a 3-year CAGR of 8.7% and a 5-year CAGR of 8.7% (10-year: 10.7%).
Dividend Safety
HDV's dividend safety is rated "Unknown." Insufficient data to assess dividend safety. SCHD's dividend safety is rated "Unknown." Insufficient data to assess dividend safety.
Income Comparison
A $10,000 investment in SCHD generates approximately $351/year in dividend income, compared to $296/year from HDV — a difference of $55/year. At $100,000, that gap widens to $550/year.
Verdict
- Best for income: SCHD
- Best for growth: SCHD
Frequently Asked Questions
Which has a higher dividend yield, HDV or SCHD?
Schwab US Dividend Equity ETF (SCHD) has a higher dividend yield of 3.51% compared to iShares Core High Dividend ETF (HDV) at 2.96%.
Is HDV or SCHD a better dividend growth stock?
Schwab US Dividend Equity ETF has the stronger dividend growth with a 5-year CAGR of 8.7%, compared to iShares Core High Dividend ETF's 2.8%.
How much income does $10,000 in HDV vs SCHD generate?
A $10,000 investment in HDV generates approximately $296/year in dividends, while the same amount in SCHD generates about $351/year.
Is HDV or SCHD a Dividend Aristocrat?
Schwab US Dividend Equity ETF is a Dividend Contender with 14 consecutive years of increases. iShares Core High Dividend ETF does not currently qualify for aristocrat status.
HDV vs SCHD: which is better for retirement income?
It depends on your priorities. SCHD for current income, SCHD for dividend growth. Many retirement investors hold both for diversification.
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