FMET vs SCHD
Fidelity Metaverse ETF vs Schwab US Dividend Equity ETF
Which is better, FMET or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. FMET led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 45.2%.
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 | FMET | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $44M | $112.1B |
| Dividend Yield | 0.49% | 3.00% |
| Holdings | 64 | 103 |
| YTD Return | +9.88% | +23.68%Best |
| 1Y Return | +4.93% | +28.36%Best |
| 3Y Return (annualized) | +19.44%Best | +16.20% |
| 5Y Return (annualized) | - | +10.07% |
| Volatility (annualized) | 21.9% | 15.0%Best |
| Max Drawdown | -29.2% | -16.1%Best |
| $10,000 over 4.4 years | $16,745Best | $14,842 |
| Top 10 Weight | 45.2% | 41.8%Best |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Apr 19, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 21, 2022 to Sep 22, 2026 (4.4 years).
FMET 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 4.4 years both funds cover.
FMET vs SCHD Performance
Fidelity Metaverse ETF (FMET) 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 FMET returned +4.93% while SCHD returned +28.36%. Year to date, FMET is up 9.88% versus a gain of 23.68% for SCHD.
Over three years, FMET compounded at +19.44% per year against +16.20% for SCHD. Across the full 4-year window we track, FMET has the edge at +12.43% annualized vs +9.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FMET has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 15.0% 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 -29.2% for FMET and -16.1% 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FMET charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, FMET currently yields 0.49% against 3.00% for SCHD.
Holdings Overlap
4.7% of FMET's money is in holdings SCHD also owns. 2.8% of SCHD's money is in holdings FMET also owns.
FMET and SCHD share little of their money.
2 positions in common, counted across the 49 positions we hold weights for in FMET and 100 in SCHD, against full books of 64 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for FMET (97.2% of the fund), and 28 for FMET that do not appear in SCHD (72.1%).
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 FMET 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, FMET or SCHD?
FMET has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, FMET or SCHD?
Over the past year FMET returned +4.93% vs +28.36% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), FMET annualized +12.43% vs +9.39% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FMET or SCHD?
FMET has been the more volatile fund at 21.9% annualized versus 15.0% for SCHD. Worst drawdown: FMET -29.2% vs SCHD -16.1%.
Should I hold both FMET and SCHD?
FMET and SCHD have a monthly-return correlation of 0.42, 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 FMET and SCHD?
4.7% of FMET's money is in holdings SCHD also owns. 2.8% of SCHD's is in holdings FMET also owns. They hold 2 positions in common, counted across the 49 positions we hold weights for in FMET and 100 in SCHD.
Which pays a higher dividend, FMET or SCHD?
FMET yields 0.49% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FMET?
SCHD has a lower expense ratio. FMET led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 45.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.