FCLD vs SCHD
Fidelity Cloud Computing ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. FCLD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | FCLD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.06% | |
| AUM | $115M | $108.7B | |
| Dividend Yield | 0.01% | 3.13% | |
| Holdings | 63 | 104 | |
| YTD Return | +51.58% | +26.54% | |
| 1Y Return | +68.31% | +30.90% | |
| 3Y Return (annualized) | +32.47% | +16.29% | |
| 5Y Return (annualized) | - | +9.65% | |
| Volatility (annualized) | 27.1% | 13.6% | |
| Max Drawdown | -50.9% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 5, 2021 | Oct 20, 2011 |
FCLD vs SCHD Performance
Fidelity Cloud Computing ETF (FCLD) is a ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FCLD returned +68.31% while SCHD returned +30.90%. Year to date, FCLD is up 51.58% versus a gain of 26.54% for SCHD.
Over three years, FCLD compounded at +32.47% per year against +16.29% for SCHD. Across the full 5-year window we track, FCLD has the edge at +12.26% annualized vs +11.51%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FCLD has been the more volatile fund, with annualized monthly volatility of 27.1% compared with 13.6% for SCHD. 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 -50.9% for FCLD and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FCLD charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, FCLD currently yields 0.01% against 3.13% for SCHD.
Holdings Overlap
FCLD and SCHD share 0 holdings out of 151 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FCLD or SCHD?
FCLD has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, FCLD or SCHD?
Over the past year FCLD returned +68.31% vs +30.90% for SCHD, so FCLD leads on 1-year performance. Over the longest common window we track (5 years), FCLD annualized +12.26% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, FCLD or SCHD?
FCLD has been the more volatile fund at 27.1% annualized versus 13.6% for SCHD. Worst drawdown: FCLD -50.9% vs SCHD -33.4%.
Should I hold both FCLD and SCHD?
FCLD and SCHD have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FCLD and SCHD?
FCLD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 151 unique securities.
Which pays a higher dividend, FCLD or SCHD?
FCLD yields 0.01% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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