FFLV vs SCHQ
Fidelity Fundamental Large Cap Value ETF vs Schwab Long-Term US Treasury ETF
Quick Verdict
SCHQ has a lower expense ratio. FFLV delivered stronger 1-year returns. FFLV offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | FFLV | SCHQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.03% | |
| AUM | $16M | $806M | |
| Dividend Yield | 1.41% | 4.73% | |
| Holdings | 119 | 98 | |
| YTD Return | +18.05% | -3.13% | |
| 1Y Return | +31.83% | -1.31% | |
| 3Y Return (annualized) | - | +0.11% | |
| 5Y Return (annualized) | - | -6.81% | |
| Volatility (annualized) | 12.3% | 13.5% | |
| Max Drawdown | -16.7% | -46.7% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | Feb 9, 2024 | Oct 10, 2019 |
FFLV vs SCHQ Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) is a ETF from Fidelity Investments (US) and Schwab Long-Term US Treasury ETF (SCHQ) is a ETF from Charles Schwab Asset Management. Over the past year FFLV returned +31.83% while SCHQ returned -1.31%. Year to date, FFLV is up 18.05% versus a loss of 3.13% for SCHQ.
Risk: Volatility and Drawdowns
SCHQ has been the more volatile fund, with annualized monthly volatility of 13.5% compared with 12.3% 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 -46.7% for SCHQ. 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FFLV charges 0.38% per year while SCHQ charges 0.03%. On a $10,000 position that is $38 vs $3 annually, a gap of $35 per year that compounds over a long holding period. On income, FFLV currently yields 1.41% against 4.73% for SCHQ.
Frequently Asked Questions
Which is cheaper, FFLV or SCHQ?
FFLV has an expense ratio of 0.38% while SCHQ charges 0.03%. SCHQ is the cheaper option. On a $10,000 investment, that is $35 per year of difference.
Which performed better, FFLV or SCHQ?
Over the past year FFLV returned +31.83% vs -1.31% for SCHQ, so FFLV leads on 1-year performance. Over the longest common window we track (3 years), FFLV annualized +17.56% vs -4.48% for SCHQ. Past performance does not guarantee future results.
Which is riskier, FFLV or SCHQ?
SCHQ has been the more volatile fund at 13.5% annualized versus 12.3% for FFLV. Worst drawdown: FFLV -16.7% vs SCHQ -46.7%.
Should I hold both FFLV and SCHQ?
FFLV and SCHQ have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, FFLV or SCHQ?
FFLV yields 1.41% while SCHQ yields 4.73%, so SCHQ 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.