FITE vs SCHD
State Street SPDR S&P Kensho Future Security ETF vs Schwab US Dividend Equity ETF
Which is better, FITE or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. FITE led over 1Y, 3Y, 5Y and the full window. FITE is less concentrated, with 19.5% of the fund in its ten largest positions against 41.8%.
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 | FITE | SCHD |
|---|---|---|
| Expense Ratio | 0.45% | 0.06%Best |
| AUM | $146M | $112.1B |
| Dividend Yield | 0.13% | 3.00% |
| Holdings | 79 | 103 |
| YTD Return | +26.77%Best | +23.46% |
| 1Y Return | +30.69%Best | +27.20% |
| 3Y Return (annualized) | +32.20%Best | +15.41% |
| 5Y Return (annualized) | +16.95%Best | +10.16% |
| Volatility (annualized) | 21.2% | 16.2%Best |
| Max Drawdown | -37.2% | -33.4%Best |
| $10,000 over 5 years | $21,878Best | $16,223 |
| Top 10 Weight | 19.5%Best | 41.8% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 18, 2017 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Dec 27, 2017 to Sep 18, 2026 (8.7 years).
FITE 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 8.7 years both funds cover.
FITE vs SCHD Performance
State Street SPDR S&P Kensho Future Security ETF (FITE) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FITE returned +30.69% while SCHD returned +27.20%. Year to date, FITE is up 26.77% versus a gain of 23.46% for SCHD.
Over three years, FITE compounded at +32.20% per year against +15.41% for SCHD; over five years the annualized figures are +16.95% and +10.16% respectively. Across the full 9-year window we track, FITE has the edge at +16.23% annualized vs +10.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FITE has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 16.2% 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 -37.2% for FITE and -33.4% 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FITE charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, FITE currently yields 0.13% against 3.00% for SCHD.
Holdings Overlap
1.4% of FITE's money is in holdings SCHD also owns. 2.8% of SCHD's money is in holdings FITE also owns.
SCHD and FITE share little of their money.
1 positions in common, counted across the 79 positions we hold weights for in FITE and 100 in SCHD, against full books of 79 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for FITE (97.2% of the fund), and 73 for FITE that do not appear in SCHD (92.3%).
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 FITE | Weight in SCHD | Difference |
|---|---|---|---|
| LMTLockheed Martin Corp | 1.37% | 2.78% | 1.41% |
You are not choosing between two funds in isolation.
Whichever of FITE and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FITE or SCHD?
FITE has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, FITE or SCHD?
Over the past year FITE returned +30.69% vs +27.20% for SCHD, so FITE leads on 1-year performance. Over the longest common window we track (9 years), FITE annualized +16.23% vs +10.50% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FITE or SCHD?
FITE has been the more volatile fund at 21.2% annualized versus 16.2% for SCHD. Worst drawdown: FITE -37.2% vs SCHD -33.4%.
Should I hold both FITE and SCHD?
FITE and SCHD have a monthly-return correlation of 0.64, 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 FITE and SCHD?
2.8% of SCHD's money is in holdings FITE also owns. 2.8% of SCHD's is in holdings FITE also owns. They hold 1 positions in common, counted across the 79 positions we hold weights for in FITE and 100 in SCHD.
Which pays a higher dividend, FITE or SCHD?
FITE yields 0.13% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FITE?
SCHD has a lower expense ratio. FITE led over 1Y, 3Y, 5Y and the full window. FITE is less concentrated, with 19.5% 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.