FFLV vs SCHD

FFLV vs SCHD

Which is better, FFLV or SCHD?

Each has led over a different period.

SCHD has a lower expense ratio. FFLV led over the full window, SCHD over 1Y. FFLV is less concentrated, with 33.5% of the fund in its ten largest positions against 41.8%.

Lower Fees: SCHDHigher Returns: splitLess Concentrated: FFLV

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

MetricFFLVSCHD
Expense Ratio0.38%0.06%Best
AUM$16M$112.1B
Dividend Yield1.34%3.00%
Holdings114103
YTD Return+13.00%+21.33%Best
1Y Return+20.74%+25.15%Best
3Y Return (annualized)-+15.43%
5Y Return (annualized)-+9.32%
Volatility (annualized)12.5%Best13.6%
Max Drawdown-16.7%-16.1%Best
$10,000 over 2.6 years$14,288Best$14,088
Top 10 Weight33.5%Best41.8%
Fund FamilyFidelity Investments (US)Charles Schwab Asset Management
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Value
InceptionFeb 9, 2024Oct 20, 2011

Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 26, 2024 to Sep 24, 2026 (2.6 years).

FFLV 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 2.6 years both funds cover.

FFLV vs SCHD Performance

Fidelity Fundamental Large Cap Value ETF (FFLV) 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 FFLV returned +20.74% while SCHD returned +25.15%. Year to date, FFLV is up 13.00% versus a gain of 21.33% 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 13.6% compared with 12.5% for FFLV. 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 FFLV 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 0.84. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FFLV charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, FFLV currently yields 1.34% against 3.00% for SCHD.

Holdings Overlap

FFLV already in SCHD6.7%
SCHD already in FFLV21.1%

6.7% of FFLV's money is in holdings SCHD also owns. 21.1% of SCHD's money is in holdings FFLV also owns.

SCHD and FFLV share little of their money.

7 positions in common, counted across the 111 positions we hold weights for in FFLV and 100 in SCHD, against full books of 114 and 103.

What only one of them owns

Our book lists 92 positions for SCHD that do not appear in our book for FFLV (78.8% of the fund), and 91 for FFLV that do not appear in SCHD (84.2%).

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

StockWeight in FFLVWeight in SCHDDifference
MRKMerck & Company Inc2.33%4.77%2.44%
KOCoca Cola Co.1.08%4.17%3.09%
PGProcter & Gamble Company1.22%3.83%2.61%
UNHUnitedhealth Group Incorporated0.93%3.82%2.89%
UPSUnited Parcel Service, Inc0.64%1.90%1.26%
TGTTarget Corp Common Stock Usd.08330.27%1.78%1.51%
KMBKimberly-Clark Corp.0.19%0.87%0.68%

21.1% of SCHD is already inside FFLV.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

FFLVSCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, FFLV or SCHD?

FFLV has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option, by $32 a year on a $10,000 investment.

Which performed better, FFLV or SCHD?

Over the past year FFLV returned +20.74% vs +25.15% 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, FFLV or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 12.5% for FFLV. Worst drawdown: FFLV -16.7% vs SCHD -16.1%.

Should I hold both FFLV and SCHD?

FFLV and SCHD have a monthly-return correlation of 0.84, 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 FFLV and SCHD?

21.1% of SCHD's money is in holdings FFLV also owns. 21.1% of SCHD's is in holdings FFLV also owns. They hold 7 positions in common, counted across the 111 positions we hold weights for in FFLV and 100 in SCHD.

Which pays a higher dividend, FFLV or SCHD?

FFLV yields 1.34% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.

Is SCHD better than FFLV?

SCHD has a lower expense ratio. FFLV led over the full window, SCHD over 1Y. FFLV is less concentrated, with 33.5% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.