FDIS vs SCHD
Fidelity MSCI Consumer Discretionary Index ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. FDIS offers more diversification with 239 holdings.
Side-by-Side Comparison
| Metric | FDIS | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.08% | 0.06% | |
| AUM | $1.7B | $103.7B | |
| Dividend Yield | 0.72% | 3.31% | |
| Holdings | 249 | 104 | |
| YTD Return | +2.95% | +25.62% | |
| 1Y Return | +8.75% | +32.62% | |
| 3Y Return (annualized) | +12.84% | +15.58% | |
| 5Y Return (annualized) | +5.63% | +9.63% | |
| Volatility (annualized) | 19.7% | 13.6% | |
| Max Drawdown | -39.2% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 21, 2013 | Oct 20, 2011 |
FDIS vs SCHD Performance
Fidelity MSCI Consumer Discretionary Index ETF (FDIS) 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 FDIS returned +8.75% while SCHD returned +32.62%. Year to date, FDIS is up 2.95% versus a gain of 25.62% for SCHD.
Over three years, FDIS compounded at +12.84% per year against +15.58% for SCHD; over five years the annualized figures are +5.63% and +9.63% respectively. Across the full 13-year window we track, FDIS has the edge at +12.03% annualized vs +11.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDIS has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -39.2% for FDIS 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDIS charges 0.08% per year while SCHD charges 0.06%. On a $10,000 position that is $8 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, FDIS currently yields 0.72% against 3.31% for SCHD.
Holdings Overlap
FDIS and SCHD share 11 holdings out of 328 unique holdings combined, representing a 6.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FDIS or SCHD?
FDIS has an expense ratio of 0.08% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, FDIS or SCHD?
Over the past year FDIS returned +8.75% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), FDIS annualized +12.03% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, FDIS or SCHD?
FDIS has been the more volatile fund at 19.7% annualized versus 13.6% for SCHD. Worst drawdown: FDIS -39.2% vs SCHD -33.4%.
Should I hold both FDIS and SCHD?
FDIS and SCHD have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDIS and SCHD?
FDIS and SCHD share 11 common holdings with a 6.0% weight overlap. Combined, they hold 328 unique securities.
Which pays a higher dividend, FDIS or SCHD?
FDIS yields 0.72% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.