FDRV vs SCHD
Fidelity Electric Vehicles and Future Transportation ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | FDRV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.06% | |
| AUM | $28M | $103.7B | |
| Dividend Yield | 1.20% | 3.31% | |
| Holdings | 55 | 104 | |
| YTD Return | +8.10% | +25.58% | |
| 1Y Return | +16.10% | +31.06% | |
| 3Y Return (annualized) | -0.88% | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 29.9% | 13.6% | |
| Max Drawdown | -63.9% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 5, 2021 | Oct 20, 2011 |
FDRV vs SCHD Performance
Fidelity Electric Vehicles and Future Transportation ETF (FDRV) 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 FDRV returned +16.10% while SCHD returned +31.06%. Year to date, FDRV is up 8.10% versus a gain of 25.58% for SCHD.
Over three years, FDRV compounded at -0.88% per year against +15.55% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.46% annualized vs -6.63%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FDRV has been the more volatile fund, with annualized monthly volatility of 29.9% 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 -63.9% for FDRV 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FDRV 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, FDRV currently yields 1.20% against 3.31% for SCHD.
Holdings Overlap
FDRV and SCHD share 1 holdings out of 149 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FDRV | Weight in SCHD | Difference |
|---|---|---|---|
| SWKS | 1.25% | 0.24% | 1.01% |
Frequently Asked Questions
Which is cheaper, FDRV or SCHD?
FDRV 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, FDRV or SCHD?
Over the past year FDRV returned +16.10% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), FDRV annualized -6.63% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, FDRV or SCHD?
FDRV has been the more volatile fund at 29.9% annualized versus 13.6% for SCHD. Worst drawdown: FDRV -63.9% vs SCHD -33.4%.
Should I hold both FDRV and SCHD?
FDRV and SCHD have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDRV and SCHD?
FDRV and SCHD share 1 common holdings with a 0.2% weight overlap. Combined, they hold 149 unique securities.
Which pays a higher dividend, FDRV or SCHD?
FDRV yields 1.20% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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