FDV vs SCHD
FDV vs SCHD
Federated Hermes US Strategic Dividend 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 | FDV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $850M | $103.7B | |
| Dividend Yield | 2.94% | 3.31% | |
| Holdings | 52 | 104 | |
| YTD Return | +17.66% | +24.26% | |
| 1Y Return | +22.40% | +31.38% | |
| 3Y Return (annualized) | +14.64% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 12.2% | 13.6% | |
| Max Drawdown | -16.7% | -33.4% | |
| Fund Family | Federated Hermes Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Nov 15, 2022 | Oct 20, 2011 |
FDV vs SCHD Performance
Federated Hermes US Strategic Dividend ETF (FDV) is a ETF from Federated Hermes Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FDV returned +22.40% while SCHD returned +31.38%. Year to date, FDV is up 17.66% versus a gain of 24.26% for SCHD.
Over three years, FDV compounded at +14.64% per year against +15.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs +11.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.2% for FDV. 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 -16.7% for FDV 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FDV charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, FDV currently yields 2.94% against 3.31% for SCHD.
Holdings Overlap
FDV and SCHD share 18 holdings out of 132 unique holdings combined, representing a 24.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FDV | Weight in SCHD | Difference |
|---|---|---|---|
| CVX | 3.50% | 3.95% | 0.45% |
| AMGN | 2.93% | 4.25% | 1.32% |
| TXN | 2.76% | 3.70% | 0.94% |
| PEP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| MRK | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
| PAYX | Pro | Pro | Pro |
| MO | Pro | Pro | Pro |
See all 10 holdings FDV shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FDV or SCHD?
FDV has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, FDV or SCHD?
Over the past year FDV returned +22.40% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), FDV annualized +11.38% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, FDV or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.2% for FDV. Worst drawdown: FDV -16.7% vs SCHD -33.4%.
Should I hold both FDV and SCHD?
FDV and SCHD have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between FDV and SCHD?
FDV and SCHD share 18 common holdings with a 24.9% weight overlap. Combined, they hold 132 unique securities.
Which pays a higher dividend, FDV or SCHD?
FDV yields 2.94% 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.