FIGB vs SCHD
FIGB vs SCHD
Fidelity Investment Grade Bond 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 | FIGB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.06% | |
| AUM | $507M | $103.7B | |
| Dividend Yield | 4.45% | 3.31% | |
| Holdings | 760 | 104 | |
| YTD Return | -0.02% | +24.26% | |
| 1Y Return | +2.12% | +31.38% | |
| 3Y Return (annualized) | +4.14% | +15.08% | |
| 5Y Return (annualized) | -0.09% | +9.72% | |
| Volatility (annualized) | 6.3% | 13.6% | |
| Max Drawdown | -18.1% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 2, 2021 | Oct 20, 2011 |
FIGB vs SCHD Performance
Fidelity Investment Grade Bond ETF (FIGB) 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 FIGB returned +2.12% while SCHD returned +31.38%. Year to date, FIGB is down 0.02% versus a gain of 24.26% for SCHD.
Over three years, FIGB compounded at +4.14% per year against +15.08% for SCHD; over five years the annualized figures are -0.09% and +9.72% respectively. Across the full 5-year window we track, SCHD has the edge at +11.39% annualized vs +0.33%. 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 6.3% for FIGB. 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 -18.1% for FIGB 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FIGB charges 0.36% per year while SCHD charges 0.06%. On a $10,000 position that is $36 vs $6 annually, a gap of $30 per year that compounds over a long holding period. On income, FIGB currently yields 4.45% against 3.31% for SCHD.
Holdings Overlap
FIGB and SCHD share 0 holdings out of 114 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FIGB or SCHD?
FIGB has an expense ratio of 0.36% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, FIGB or SCHD?
Over the past year FIGB returned +2.12% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), FIGB annualized +0.33% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, FIGB or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 6.3% for FIGB. Worst drawdown: FIGB -18.1% vs SCHD -33.4%.
Should I hold both FIGB and SCHD?
FIGB and SCHD have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FIGB and SCHD?
FIGB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 114 unique securities.
Which pays a higher dividend, FIGB or SCHD?
FIGB yields 4.45% while SCHD yields 3.31%, so FIGB currently pays the higher dividend yield.
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