FBCV vs SCHD
Fidelity Blue Chip Value ETF vs Schwab US Dividend Equity ETF
Which is better, FBCV or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. FBCV led over 3Y and 5Y, SCHD over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. FBCV is less concentrated, with 33.3% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FBCV | SCHD |
|---|---|---|
| Expense Ratio | 0.57% | 0.06%Best |
| AUM | $177M | $112.1B |
| Dividend Yield | 1.22% | 3.00% |
| Holdings | 127 | 103 |
| YTD Return | +17.69% | +23.46%Best |
| 1Y Return | +23.02% | +27.20%Best |
| 3Y Return (annualized) | +15.53%Best | +15.41% |
| 5Y Return (annualized) | +10.48%Best | +10.16% |
| Volatility (annualized) | 13.5%Best | 15.2% |
| Max Drawdown | -15.6%Best | -16.9% |
| $10,000 over 5 years | $16,460Best | $16,223 |
| Top 10 Weight | 33.3%Best | 41.8% |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 2, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2020 to Sep 18, 2026 (6.3 years).
FBCV vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.3 years both funds cover.
FBCV vs SCHD Performance
Fidelity Blue Chip Value ETF (FBCV) is an ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FBCV returned +23.02% while SCHD returned +27.20%. Year to date, FBCV is up 17.69% versus a gain of 23.46% for SCHD.
Over three years, FBCV compounded at +15.53% per year against +15.41% for SCHD; over five years the annualized figures are +10.48% and +10.16% respectively. Across the full 6-year window we track, SCHD has the edge at +13.83% annualized vs +13.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 13.5% for FBCV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.6% for FBCV and -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FBCV charges 0.57% per year while SCHD charges 0.06%. On a $10,000 position that is $57 vs $6 annually, a gap of $51 per year that compounds over a long holding period. On income, FBCV currently yields 1.22% against 3.00% for SCHD.
Holdings Overlap
9.4% of FBCV's money is in holdings SCHD also owns. 26.8% of SCHD's money is in holdings FBCV also owns.
SCHD and FBCV share little of their money.
11 positions in common, counted across the 133 positions we hold weights for in FBCV and 100 in SCHD, against full books of 127 and 103.
What only one of them owns
Our book lists 88 positions for SCHD that do not appear in our book for FBCV (73.1% of the fund), and 99 for FBCV that do not appear in SCHD (81.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FBCV | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 2.30% | 4.77% | 2.47% |
| COPConocophillips Common Stock USD 0.01 | 1.79% | 3.94% | 2.15% |
| UNHUnitedhealth Group Incorporated | 1.45% | 3.82% | 2.37% |
| PGProcter & Gamble Company | 1.11% | 3.83% | 2.72% |
| ACNAccenture Plc | 0.00% | 2.84% | 2.84% |
| QCOMQualcomm Inc. | 0.00% | 2.52% | 2.52% |
| TGTTarget Corp Common Stock Usd.0833 | 0.66% | 1.78% | 1.12% |
| UPSUnited Parcel Service, Inc | 0.43% | 1.90% | 1.47% |
| KMBKimberly-Clark Corp. | 0.79% | 0.87% | 0.08% |
| SWKSSkyworks Solutions Inc. | 0.53% | 0.25% | 0.28% |
26.8% of SCHD is already inside FBCV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FBCV or SCHD?
FBCV has an expense ratio of 0.57% while SCHD charges 0.06%. SCHD is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, FBCV or SCHD?
Over the past year FBCV returned +23.02% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), FBCV annualized +13.81% vs +13.83% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FBCV or SCHD?
SCHD has been the more volatile fund at 15.2% annualized versus 13.5% for FBCV. Worst drawdown: FBCV -15.6% vs SCHD -16.9%.
Should I hold both FBCV and SCHD?
FBCV and SCHD have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between FBCV and SCHD?
26.8% of SCHD's money is in holdings FBCV also owns. 26.8% of SCHD's is in holdings FBCV also owns. They hold 11 positions in common, counted across the 133 positions we hold weights for in FBCV and 100 in SCHD.
Which pays a higher dividend, FBCV or SCHD?
FBCV yields 1.22% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FBCV?
SCHD has a lower expense ratio. FBCV led over 3Y and 5Y, SCHD over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. FBCV is less concentrated, with 33.3% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.