FLCC vs SCHD
FLCC vs SCHD
Federated Hermes MDT Large Cap Core ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. FLCC offers more diversification with 154 holdings.
Side-by-Side Comparison
| Metric | FLCC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.06% | |
| AUM | $118M | $103.7B | |
| Dividend Yield | 0.47% | 3.31% | |
| Holdings | 156 | 104 | |
| YTD Return | +14.18% | +24.26% | |
| 1Y Return | +20.52% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 12.8% | 13.6% | |
| Max Drawdown | -19.2% | -33.4% | |
| Fund Family | Federated Hermes | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 30, 2024 | Oct 20, 2011 |
FLCC vs SCHD Performance
Federated Hermes MDT Large Cap Core ETF (FLCC) is a ETF from Federated Hermes and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FLCC returned +20.52% while SCHD returned +31.38%. Year to date, FLCC is up 14.18% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.8% for FLCC. 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 -19.2% for FLCC 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FLCC charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, FLCC currently yields 0.47% against 3.31% for SCHD.
Holdings Overlap
FLCC and SCHD share 13 holdings out of 241 unique holdings combined, representing a 4.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FLCC | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 0.54% | 4.54% | 4.00% |
| AMGN | 0.78% | 4.25% | 3.47% |
| ABT | 0.00% | 4.49% | 4.49% |
| TXN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| ACN | Pro | Pro | Pro |
| LMT | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| EOG | Pro | Pro | Pro |
See all 10 holdings FLCC shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FLCC or SCHD?
FLCC has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.
Which performed better, FLCC or SCHD?
Over the past year FLCC returned +20.52% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), FLCC annualized +20.66% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, FLCC or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.8% for FLCC. Worst drawdown: FLCC -19.2% vs SCHD -33.4%.
Should I hold both FLCC and SCHD?
FLCC and SCHD have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FLCC and SCHD?
FLCC and SCHD share 13 common holdings with a 4.9% weight overlap. Combined, they hold 241 unique securities.
Which pays a higher dividend, FLCC or SCHD?
FLCC yields 0.47% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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