FLQL vs SCHD
Franklin US Large Cap Multifactor Index ETF vs Schwab US Dividend Equity ETF
Which is better, FLQL or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. FLQL led over 3Y, 5Y and the full window, SCHD over 1Y. FLQL is less concentrated, with 38.5% 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 | FLQL | SCHD |
|---|---|---|
| Expense Ratio | 0.15% | 0.06%Best |
| AUM | $2.1B | $112.1B |
| Dividend Yield | 1.02% | 3.00% |
| Holdings | 220 | 103 |
| YTD Return | +12.18% | +24.23%Best |
| 1Y Return | +15.94% | +27.90%Best |
| 3Y Return (annualized) | +21.69%Best | +15.55% |
| 5Y Return (annualized) | +13.84%Best | +9.97% |
| Volatility (annualized) | 15.0%Best | 15.7% |
| Max Drawdown | -33.6% | -33.4%Best |
| $10,000 over 5 years | $19,119Best | $16,083 |
| Top 10 Weight | 38.5%Best | 41.8% |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 26, 2017 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Apr 28, 2017 to Sep 17, 2026 (9.4 years).
FLQL 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 9.4 years both funds cover.
FLQL vs SCHD Performance
Franklin US Large Cap Multifactor Index ETF (FLQL) 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 FLQL returned +15.94% while SCHD returned +27.90%. Year to date, FLQL is up 12.18% versus a gain of 24.23% for SCHD.
Over three years, FLQL compounded at +21.69% per year against +15.55% for SCHD; over five years the annualized figures are +13.84% and +9.97% respectively. Across the full 9-year window we track, FLQL has the edge at +14.48% annualized vs +11.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.0% for FLQL. 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 -33.6% for FLQL 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FLQL charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, FLQL currently yields 1.02% against 3.00% for SCHD.
Holdings Overlap
10.0% of FLQL's money is in holdings SCHD also owns. 38.7% of SCHD's money is in holdings FLQL also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 214 positions we hold weights for in FLQL and 100 in SCHD, against full books of 220 and 103.
What only one of them owns
Our book lists 76 positions for SCHD that do not appear in our book for FLQL (61.3% of the fund), and 186 for FLQL that do not appear in SCHD (89.0%).
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 FLQL | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 1.48% | 4.77% | 3.29% |
| AMGNAmgen Inc. | 0.94% | 4.70% | 3.76% |
| VZVerizon Communic | 1.24% | 3.97% | 2.73% |
| BMYBristol-Myers Squibb Co. | 0.88% | 3.33% | 2.45% |
| TXNTexas Instrument Inc | 0.75% | 3.13% | 2.38% |
| MOAltria Group Inc | 0.85% | 2.79% | 1.94% |
| QCOMQualcomm Inc. | 0.88% | 2.52% | 1.64% |
| LMTLockheed Martin Corp | 0.48% | 2.78% | 2.30% |
| UPSUnited Parcel Service, Inc | 0.32% | 1.90% | 1.58% |
| TGTTarget Corp Common Stock Usd.0833 | 0.34% | 1.78% | 1.44% |
38.7% of SCHD is already inside FLQL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLQL or SCHD?
FLQL has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, FLQL or SCHD?
Over the past year FLQL returned +15.94% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), FLQL annualized +14.48% vs +11.41% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLQL or SCHD?
SCHD has been the more volatile fund at 15.7% annualized versus 15.0% for FLQL. Worst drawdown: FLQL -33.6% vs SCHD -33.4%.
Should I hold both FLQL and SCHD?
FLQL and SCHD have a monthly-return correlation of 0.83, 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 FLQL and SCHD?
38.7% of SCHD's money is in holdings FLQL also owns. 38.7% of SCHD's is in holdings FLQL also owns. They hold 23 positions in common, counted across the 214 positions we hold weights for in FLQL and 100 in SCHD.
Which pays a higher dividend, FLQL or SCHD?
FLQL yields 1.02% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FLQL?
SCHD has a lower expense ratio. FLQL led over 3Y, 5Y and the full window, SCHD over 1Y. FLQL is less concentrated, with 38.5% 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.