FELG vs SCHD
Fidelity Enhanced Large Cap Growth ETF vs Schwab US Dividend Equity ETF
Which is better, FELG or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. FELG led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 56.6%.
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 | FELG | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $5.5B | $112.2B |
| Dividend Yield | 0.36% | 3.13% |
| Holdings | 149 | 103 |
| YTD Return | +7.16% | +28.59%Best |
| 1Y Return | +14.42% | +31.77%Best |
| 3Y Return (annualized) | - | +16.70% |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 15.8% | 12.7%Best |
| Max Drawdown | -23.9% | -16.1%Best |
| $10,000 over 2.8 years | $17,919Best | $16,329 |
| Top 10 Weight | 56.6% | 41.5%Best |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Nov 20, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 20, 2023 to Sep 3, 2026 (2.8 years).
FELG 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 2.8 years both funds cover.
FELG vs SCHD Performance
Fidelity Enhanced Large Cap Growth ETF (FELG) is an ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FELG returned +14.42% while SCHD returned +31.77%. Year to date, FELG is up 7.16% versus a gain of 28.59% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FELG has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 12.7% 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 -23.9% for FELG 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 0.11. They move largely independently of each other.
Fees and Cost Over Time
FELG charges 0.18% per year while SCHD charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, FELG currently yields 0.36% against 3.13% for SCHD.
Holdings Overlap
2.2% of FELG's money is in holdings SCHD also owns. 25.8% of SCHD's money is in holdings FELG also owns.
SCHD and FELG share little of their money.
9 positions in common, counted across the 142 positions we hold weights for in FELG and 100 in SCHD, against full books of 149 and 103.
What only one of them owns
Our book lists 90 positions for SCHD that do not appear in our book for FELG (74.1% of the fund), and 117 for FELG that do not appear in SCHD (97.2%).
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 FELG | Weight in SCHD | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 0.26% | 4.32% | 4.06% |
| UNHUnitedhealth Group Incorporated | 0.45% | 4.11% | 3.66% |
| TXNTexas Instrument Inc | 0.45% | 3.53% | 3.08% |
| PEPPepsico Inc. | 0.00% | 3.71% | 3.71% |
| BMYBristol-Myers Squibb Co. | 0.38% | 3.31% | 2.93% |
| LMTLockheed Martin Corp | 0.18% | 2.99% | 2.81% |
| QCOMQualcomm Inc. | 0.45% | 2.55% | 2.10% |
| DVNDevon Energy Corporation | 0.05% | 1.24% | 1.19% |
| WENWendy's Co/the | 0.00% | 0.03% | 0.03% |
25.8% of SCHD is already inside FELG.
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, FELG or SCHD?
FELG has an expense ratio of 0.18% while SCHD charges 0.06%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FELG or SCHD?
Over the past year FELG returned +14.42% vs +31.77% 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, FELG or SCHD?
FELG has been the more volatile fund at 15.8% annualized versus 12.7% for SCHD. Worst drawdown: FELG -23.9% vs SCHD -16.1%.
Should I hold both FELG and SCHD?
FELG and SCHD have a monthly-return correlation of 0.11, 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 FELG and SCHD?
25.8% of SCHD's money is in holdings FELG also owns. 25.8% of SCHD's is in holdings FELG also owns. They hold 9 positions in common, counted across the 142 positions we hold weights for in FELG and 100 in SCHD.
Which pays a higher dividend, FELG or SCHD?
FELG yields 0.36% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FELG?
SCHD has a lower expense ratio. FELG led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 56.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.