RIET vs. SCHD
RIET (Hoya Capital High Dividend Yield ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - RIET is a REIT fund tracking the Hoya Capital High Dividend Yield Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 3 years, RIET returned 6.36%/yr vs 14.19%/yr for SCHD. Their 0.71 correlation means they have sometimes moved together and sometimes differently. RIET charges 0.50%/yr vs 0.06%/yr for SCHD.
Performance
RIET vs. SCHD - Performance Comparison
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Returns By Period
In the year-to-date period, RIET achieves a 9.64% return, which is significantly lower than SCHD's 24.03% return.
RIET
- 1D
- -0.62%
- 1M
- -1.54%
- 6M
- 6.38%
- YTD
- 9.64%
- 1Y
- 14.10%
- 3Y*
- 6.36%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 0.18%
SCHD
- 1D
- 0.18%
- 1M
- 3.33%
- 6M
- 14.09%
- YTD
- 24.03%
- 1Y
- 31.54%
- 3Y*
- 14.19%
- 5Y*
- 9.54%
- 10Y*
- 12.76%
- ALL TIME*
- 13.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $898.28K | $885.60K | $774.14K | |
| $786.88M | $715.86M | $685.58M |
RIET vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
RIET Hoya Capital High Dividend Yield ETF | 9.64% | 2.43% | 1.18% | 13.04% | -25.29% | 5.14% |
SCHD Schwab U.S. Dividend Equity ETF | 24.03% | 4.34% | 11.66% | 4.54% | -3.26% | 10.63% |
Correlation
The correlation between RIET and SCHD is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2021 | 0.71 |
Over the past year, the correlation between RIET and SCHD has dropped to 0.51 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
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Return for Risk
RIET vs. SCHD — Risk / Return Rank
RIET
SCHD
RIET vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hoya Capital High Dividend Yield ETF (RIET) 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.
| RIET | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.75 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.51 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 6.74 | -5.15 |
| Martin ratioReturn relative to average drawdown | 4.16 | 17.01 | -12.85 |
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Drawdowns
RIET vs. SCHD - Drawdown Comparison
The maximum RIET drawdown since its inception was -34.61%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for RIET and SCHD.
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Drawdown Indicators
| RIET | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.61% | -33.37% | -1.24% |
Max Drawdown (1Y)Largest decline over 1 year | -8.76% | -4.61% | -4.15% |
Max Drawdown (3Y)Largest decline over 3 years | -18.38% | -16.13% | -2.25% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.37% | — |
Current DrawdownCurrent decline from peak | -5.50% | -1.24% | -4.26% |
Average DrawdownAverage peak-to-trough decline | -16.04% | -3.30% | -12.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 1.82% | +1.52% |
Volatility
RIET vs. SCHD - Volatility Comparison
The current volatility for Hoya Capital High Dividend Yield ETF (RIET) is 3.74%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 4.11%. This indicates that RIET 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.
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Volatility by Period
| RIET | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.74% | 4.11% | -0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 9.74% | 8.11% | +1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.15% | 11.13% | +2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.83% | 14.39% | +4.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.83% | 16.72% | +2.11% |
RIET vs. SCHD - Expense Ratio Comparison
RIET has a 0.50% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Dividends
RIET vs. SCHD - Dividend Comparison
RIET's dividend yield for the trailing twelve months is around 10.72%, more than SCHD's 3.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIET Hoya Capital High Dividend Yield ETF | 10.72% | 11.04% | 10.17% | 9.33% | 9.33% | 1.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.13% | 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
RIET and SCHD have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SCHD has higher volatility (4.11%) compared to RIET (3.74%). In terms of maximum drawdown, RIET dropped -34.61% vs SCHD's -33.37%.
On 3-year performance, SCHD leads with 14.19% vs 6.36% for RIET. On fees, SCHD is cheaper at 0.06% per year. On volatility, RIET has been the lower-risk option at 3.74%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, SCHD has performed better with a 14.19% return vs 6.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.50% for RIET.
RIET has the higher dividend yield at 10.72%, compared with 3.13% for SCHD.
RIET is categorized as REIT, while SCHD is Dividend. RIET tracks Hoya Capital High Dividend Yield Index, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Hoya Capital and Charles Schwab. Their fees differ too: 0.50% for RIET and 0.06% for SCHD.
SCHD currently has the higher Sharpe Ratio (2.81 vs 1.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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