FIVA vs SCHD
Fidelity International Value Factor ETF vs Schwab US Dividend Equity ETF
Which is better, FIVA or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. FIVA led over 1Y, 3Y and 5Y, SCHD over the full window. FIVA is less concentrated, with 15.4% 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 | FIVA | SCHD |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $587M | $112.1B |
| Dividend Yield | 2.54% | 3.00% |
| Holdings | 113 | 103 |
| YTD Return | +13.94% | +21.99%Best |
| 1Y Return | +26.51%Best | +25.92% |
| 3Y Return (annualized) | +22.50%Best | +15.66% |
| 5Y Return (annualized) | +13.48%Best | +9.48% |
| Volatility (annualized) | 17.1% | 16.3%Best |
| Max Drawdown | -44.3% | -33.4%Best |
| $10,000 over 5 years | $18,819Best | $15,728 |
| Top 10 Weight | 15.4%Best | 41.8% |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 16, 2018 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jan 18, 2018 to Sep 23, 2026 (8.7 years).
FIVA 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.
FIVA vs SCHD Performance
Fidelity International Value Factor ETF (FIVA) 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 FIVA returned +26.51% while SCHD returned +25.92%. Year to date, FIVA is up 13.94% versus a gain of 21.99% for SCHD.
Over three years, FIVA compounded at +22.50% per year against +15.66% for SCHD; over five years the annualized figures are +13.48% and +9.48% respectively. Across the full 9-year window we track, SCHD has the edge at +9.93% annualized vs +7.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FIVA has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 16.3% 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 -44.3% for FIVA 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FIVA 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, FIVA currently yields 2.54% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 108 holdings in FIVA and 100 in SCHD, totalling 97.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 108 positions we hold weights for in FIVA and 100 in SCHD, against full books of 113 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for FIVA (99.9% of the fund), and 4 for FIVA that do not appear in SCHD (2.4%).
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.
You are not choosing between two funds in isolation.
Whichever of FIVA 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, FIVA or SCHD?
FIVA 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, FIVA or SCHD?
Over the past year FIVA returned +26.51% vs +25.92% for SCHD, so FIVA leads on 1-year performance. Over the longest common window we track (9 years), FIVA annualized +7.43% vs +9.93% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIVA or SCHD?
FIVA has been the more volatile fund at 17.1% annualized versus 16.3% for SCHD. Worst drawdown: FIVA -44.3% vs SCHD -33.4%.
Should I hold both FIVA and SCHD?
FIVA and SCHD have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FIVA or SCHD?
FIVA yields 2.54% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FIVA?
SCHD has a lower expense ratio. FIVA led over 1Y, 3Y and 5Y, SCHD over the full window. FIVA is less concentrated, with 15.4% 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.