FLSP vs SCHD
Franklin Systematic Style Premia ETF vs Schwab US Dividend Equity ETF
Which is better, FLSP or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | FLSP | SCHD |
|---|---|---|
| Expense Ratio | 0.65% | 0.06%Best |
| AUM | $1.1B | $112.1B |
| Dividend Yield | 2.54% | 3.00% |
| Holdings | 598 | 103 |
| YTD Return | +7.48% | +23.46%Best |
| 1Y Return | +13.73% | +27.20%Best |
| 3Y Return (annualized) | +9.95% | +15.41%Best |
| 5Y Return (annualized) | +9.03% | +10.16%Best |
| Volatility (annualized) | 8.1%Best | 16.8% |
| Max Drawdown | -22.8%Best | -33.4% |
| $10,000 over 5 years | $15,407 | $16,223Best |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Dec 18, 2019 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 23, 2019 to Sep 18, 2026 (6.7 years).
FLSP 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 6.7 years both funds cover.
FLSP vs SCHD Performance
Franklin Systematic Style Premia ETF (FLSP) 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 FLSP returned +13.73% while SCHD returned +27.20%. Year to date, FLSP is up 7.48% versus a gain of 23.46% for SCHD.
Over three years, FLSP compounded at +9.95% per year against +15.41% for SCHD; over five years the annualized figures are +9.03% and +10.16% respectively. Across the full 7-year window we track, SCHD has the edge at +11.73% annualized vs +4.77%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 8.1% for FLSP. 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 -22.8% for FLSP 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 0.10. They move largely independently of each other.
Fees and Cost Over Time
FLSP charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, FLSP currently yields 2.54% against 3.00% for SCHD.
Holdings Overlap
At least 20.5% of SCHD's money is in holdings FLSP also owns.
Stated as a floor: for FLSP, our book for it covers 91.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and FLSP share little of their money.
13 positions in common, counted across the 272 positions we hold weights for in FLSP and 100 in SCHD, against full books of 598 and 103.
Top Shared Holdings
| Stock | Weight in FLSP | Weight in SCHD | Difference |
|---|---|---|---|
| PEPPepsico Inc. | 0.38% | 3.64% | 3.26% |
| BMYBristol-Myers Squibb Co. | 0.67% | 3.33% | 2.66% |
| MOAltria Group Inc | 0.50% | 2.79% | 2.29% |
| CMCSAComcast Corp-class A Cmcsa | 0.50% | 2.31% | 1.81% |
| EOGEog Resources Inc | 0.40% | 1.88% | 1.48% |
| TGTTarget Corp Common Stock Usd.0833 | 0.39% | 1.78% | 1.39% |
| FFord Motor Credit | 0.25% | 1.33% | 1.08% |
| ADMArcher-Daniels-Midland Co. | 0.21% | 0.96% | 0.75% |
| TROWT Rowe Price Grp | 0.12% | 0.58% | 0.46% |
| PFGPrincipalfinancialgroupinc. | 0.12% | 0.53% | 0.41% |
20.5% of SCHD is already inside FLSP.
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, FLSP or SCHD?
FLSP has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, FLSP or SCHD?
Over the past year FLSP returned +13.73% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), FLSP annualized +4.77% vs +11.73% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLSP or SCHD?
SCHD has been the more volatile fund at 16.8% annualized versus 8.1% for FLSP. Worst drawdown: FLSP -22.8% vs SCHD -33.4%.
Should I hold both FLSP and SCHD?
FLSP and SCHD have a monthly-return correlation of 0.10, 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 FLSP and SCHD?
At least 20.5% of SCHD's money is in holdings FLSP also owns. Our book for FLSP is partial, so the real figure is this or higher. They hold 13 positions in common, counted across the 272 positions we hold weights for in FLSP and 100 in SCHD.
Which pays a higher dividend, FLSP or SCHD?
FLSP yields 2.54% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FLSP?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.