FDIV vs SCHD
MarketDesk Focused US Dividend ETF vs Schwab US Dividend Equity ETF
Which is better, FDIV or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 41.6%.
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 | FDIV | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $53M | $111.6B |
| Dividend Yield | 2.61% | 3.24% |
| Holdings | 224 | 206 |
| YTD Return | +1.83% | +25.99%Best |
| 1Y Return | +4.47% | +31.80%Best |
| 3Y Return (annualized) | +6.92% | +17.07%Best |
| 5Y Return (annualized) | - | +9.69% |
| Volatility (annualized) | 13.0%Best | 13.7% |
| Max Drawdown | -18.6% | -16.1%Best |
| $10,000 over 3.1 years | $11,945 | $15,817Best |
| Top 10 Weight | 33.0%Best | 41.6% |
| Fund Family | MarketDesk Indices | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 19, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 20, 2023 to Oct 15, 2026 (3.1 years).
FDIV 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 3.1 years both funds cover.
FDIV vs SCHD Performance
MarketDesk Focused US Dividend ETF (FDIV) is an ETF from MarketDesk Indices and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FDIV returned +4.47% while SCHD returned +31.80%. Year to date, FDIV is up 1.83% versus a gain of 25.99% for SCHD.
Over three years, FDIV compounded at +6.92% per year against +17.07% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 13.0% for FDIV. 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 -18.6% for FDIV and -16.1% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDIV charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, FDIV currently yields 2.61% against 3.24% for SCHD.
Holdings Overlap
23.0% of FDIV's money is in holdings SCHD also owns. 43.7% of SCHD's money is in holdings FDIV also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 111 positions we hold weights for in FDIV and 98 in SCHD, against full books of 224 and 206.
What only one of them owns
Our book lists 77 positions for SCHD that do not appear in our book for FDIV (56.0% of the fund), and 85 for FDIV that do not appear in SCHD (74.7%).
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 FDIV | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 2.98% | 4.14% | 1.16% |
| PGProcter & Gamble Company | 2.94% | 4.16% | 1.22% |
| KOCoca Cola Co. | 2.93% | 4.12% | 1.19% |
| UNHUnitedhealth Group Incorporated | 2.75% | 3.95% | 1.20% |
| HDHome Depot Inc/The | 2.64% | 3.77% | 1.13% |
| ABTAbbot Laboratories | 1.56% | 3.74% | 2.18% |
| COPConocophillips Common Stock USD 0.01 | 1.38% | 3.91% | 2.53% |
| ACNAccenture Plc | 1.21% | 3.13% | 1.92% |
| LMTLockheed Martin | 0.98% | 2.64% | 1.66% |
| EOGEog Resources Inc | 0.68% | 1.91% | 1.23% |
43.7% of SCHD is already inside FDIV.
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, FDIV or SCHD?
FDIV has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, FDIV or SCHD?
Over the past year FDIV returned +4.47% vs +31.80% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FDIV or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 13.0% for FDIV. Worst drawdown: FDIV -18.6% vs SCHD -16.1%.
Should I hold both FDIV and SCHD?
FDIV and SCHD have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FDIV and SCHD?
43.7% of SCHD's money is in holdings FDIV also owns. 43.7% of SCHD's is in holdings FDIV also owns. They hold 20 positions in common, counted across the 111 positions we hold weights for in FDIV and 98 in SCHD.
Which pays a higher dividend, FDIV or SCHD?
FDIV yields 2.61% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FDIV?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. FDIV is less concentrated, with 33.0% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.