HISU-U.TO vs. SCHD

Last updated Jun 25, 2026

HISU-U.TO (Evolve US High Interest Savings Account Fund) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - HISU-U.TO is a Money Market fund actively managed by Evolve, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. HISU-U.TO is actively managed, while SCHD is passively managed. Over the past 3 years, HISU-U.TO returned 4.65%/yr vs 14.25%/yr for SCHD. At a correlation of -0.02, they often move in opposite directions. HISU-U.TO charges 0.15%/yr vs 0.06%/yr for SCHD.

Performance

HISU-U.TO vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Evolve US High Interest Savings Account Fund (HISU-U.TO) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HISU-U.TO achieves a 1.63% return, which is significantly lower than SCHD's 16.62% return.

HISU-U.TO

• 1D: 0.02%
• 1M: 0.28%
• YTD: 1.63%
• 6M: 1.70%
• 1Y: 3.79%
• 3Y*: 4.65%
• 5Y*: —
• 10Y*: —

SCHD

• 1D: -0.94%
• 1M: -3.38%
• YTD: 16.62%
• 6M: 15.65%
• 1Y: 23.21%
• 3Y*: 14.25%
• 5Y*: 8.36%
• 10Y*: 12.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HISU-U.TO vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HISU-U.TO Evolve US High Interest Savings Account Fund	1.63%	4.17%	5.24%	5.29%	1.25%
SCHD Schwab U.S. Dividend Equity ETF	16.62%	4.34%	11.66%	4.54%	4.25%

Correlation

The correlation between HISU-U.TO and SCHD is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (All Time) Calculated using the full available price history since Aug 30, 2022	-0.02

Return for Risk

HISU-U.TO vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HISU-U.TO

HISU-U.TO Risk / Return Rank: 100
HISU-U.TO Sharpe Ratio Rank: 100
HISU-U.TO Sortino Ratio Rank: 100
HISU-U.TO Omega Ratio Rank: 100
HISU-U.TO Calmar Ratio Rank: 100
HISU-U.TO Martin Ratio Rank: 100

SCHD

SCHD Risk / Return Rank: 77
SCHD Sharpe Ratio Rank: 73
SCHD Sortino Ratio Rank: 80
SCHD Omega Ratio Rank: 70
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HISU-U.TO vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Evolve US High Interest Savings Account Fund (HISU-U.TO) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HISU-U.TO	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	20.00	2.10	+17.90
Sortino ratio: Return per unit of downside risk	373.63	3.20	+370.42
Omega ratio: Gain probability vs. loss probability	373.89	1.37	+372.51
Calmar ratio: Return relative to maximum drawdown	381.41	5.05	+376.36
Martin ratio: Return relative to average drawdown	6,042.67	12.16	+6,030.51

HISU-U.TO vs. SCHD - Sharpe Ratio Comparison

The current HISU-U.TO Sharpe Ratio is 20.00, which is higher than the SCHD Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of HISU-U.TO and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HISU-U.TO vs. SCHD - Drawdown Comparison

The maximum HISU-U.TO drawdown since its inception was -0.03%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for HISU-U.TO and SCHD.

Drawdown Indicators

	HISU-U.TO	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-0.03%	-33.37%	+33.34%
Max Drawdown (1Y) Largest decline over 1 year	-0.01%	-4.61%	+4.60%
Max Drawdown (3Y) Largest decline over 3 years	-0.03%	-16.13%	+16.10%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	0.00%	-3.38%	+3.38%
Average Drawdown Average peak-to-trough decline	-0.00%	-3.31%	+3.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	1.92%	-1.92%

Volatility

HISU-U.TO vs. SCHD - Volatility Comparison

The current volatility for Evolve US High Interest Savings Account Fund (HISU-U.TO) is 0.05%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 3.13%. This indicates that HISU-U.TO experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HISU-U.TO	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.05%	3.13%	-3.08%
Volatility (6M) Calculated over the trailing 6-month period	0.12%	7.80%	-7.68%
Volatility (1Y) Calculated over the trailing 1-year period	0.19%	11.12%	-10.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.22%	14.36%	-14.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.22%	16.71%	-16.49%

HISU-U.TO vs. SCHD - Expense Ratio Comparison

HISU-U.TO has a 0.15% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

HISU-U.TO vs. SCHD - Dividend Comparison

HISU-U.TO's dividend yield for the trailing twelve months is around 3.78%, more than SCHD's 3.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HISU-U.TO Evolve US High Interest Savings Account Fund	3.78%	4.10%	5.08%	5.20%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.33%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both HISU-U.TO and SCHD in my portfolio?

HISU-U.TO and SCHD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HISU-U.TO or SCHD?

On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HISU-U.TO or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.15% for HISU-U.TO.

What is the main difference between HISU-U.TO and SCHD?

HISU-U.TO is categorized as Money Market, while SCHD is Dividend. They also come from different issuers: Evolve and Charles Schwab. Their fees differ too: 0.15% for HISU-U.TO and 0.06% for SCHD.