FLEE vs SCHD
Franklin FTSE Europe ETF vs Schwab US Dividend Equity ETF
Which is better, FLEE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. FLEE led over 3Y, SCHD over 1Y, 5Y and the full window. FLEE is less concentrated, with 20.0% of the fund in its ten largest positions against 41.5%.
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 | FLEE | SCHD |
|---|---|---|
| Expense Ratio | 0.09% | 0.06%Best |
| AUM | $121M | $112.2B |
| Dividend Yield | 3.10% | 3.13% |
| Holdings | 505 | 103 |
| YTD Return | +9.97% | +27.56%Best |
| 1Y Return | +20.90% | +30.29%Best |
| 3Y Return (annualized) | +18.80%Best | +16.37% |
| 5Y Return (annualized) | +9.51% | +10.23%Best |
| Volatility (annualized) | 17.0% | 16.1%Best |
| Max Drawdown | -41.1% | -33.4%Best |
| $10,000 over 5 years | $15,750 | $16,274Best |
| Top 10 Weight | 20.0%Best | 41.5% |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 2, 2017 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 6, 2017 to Sep 4, 2026 (8.8 years).
FLEE 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 8.8 years both funds cover.
FLEE vs SCHD Performance
Franklin FTSE Europe ETF (FLEE) is an ETF from Franklin Templeton Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FLEE returned +20.90% while SCHD returned +30.29%. Year to date, FLEE is up 9.97% versus a gain of 27.56% for SCHD.
Over three years, FLEE compounded at +18.80% per year against +16.37% for SCHD; over five years the annualized figures are +9.51% and +10.23% respectively. Across the full 9-year window we track, SCHD has the edge at +11.45% annualized vs +7.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FLEE has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 16.1% 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 -41.1% for FLEE 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLEE charges 0.09% per year while SCHD charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, FLEE currently yields 3.10% against 3.13% for SCHD.
Holdings Overlap
0.1% of FLEE's money is in holdings SCHD also owns. 4.3% of SCHD's money is in holdings FLEE also owns.
SCHD and FLEE share little of their money.
1 positions in common, counted across the 488 positions we hold weights for in FLEE and 100 in SCHD, against full books of 505 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for FLEE (95.4% of the fund), and 14 for FLEE that do not appear in SCHD (2.6%).
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 FLEE | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 0.15% | 4.26% | 4.11% |
You are not choosing between two funds in isolation.
Whichever of FLEE 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, FLEE or SCHD?
FLEE has an expense ratio of 0.09% while SCHD charges 0.06%. SCHD is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, FLEE or SCHD?
Over the past year FLEE returned +20.90% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), FLEE annualized +7.63% vs +11.45% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLEE or SCHD?
FLEE has been the more volatile fund at 17.0% annualized versus 16.1% for SCHD. Worst drawdown: FLEE -41.1% vs SCHD -33.4%.
Should I hold both FLEE and SCHD?
FLEE and SCHD have a monthly-return correlation of 0.78, 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 FLEE and SCHD?
4.3% of SCHD's money is in holdings FLEE also owns. 4.3% of SCHD's is in holdings FLEE also owns. They hold 1 positions in common, counted across the 488 positions we hold weights for in FLEE and 100 in SCHD.
Which pays a higher dividend, FLEE or SCHD?
FLEE yields 3.10% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FLEE?
SCHD has a lower expense ratio. FLEE led over 3Y, SCHD over 1Y, 5Y and the full window. FLEE is less concentrated, with 20.0% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.