FNY vs SCHD
First Trust Mid Cap Growth AlphaDEX Fund vs Schwab US Dividend Equity ETF
Which is better, FNY or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. FNY led over 3Y and the full window, SCHD over 1Y and 5Y. FNY is less concentrated, with 8.3% 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 | FNY | SCHD |
|---|---|---|
| Expense Ratio | 0.73% | 0.06%Best |
| AUM | $582M | $112.2B |
| Dividend Yield | 0.00% | 3.13% |
| Holdings | 226 | 103 |
| YTD Return | +10.79% | +27.56%Best |
| 1Y Return | +16.55% | +30.29%Best |
| 3Y Return (annualized) | +17.57%Best | +16.37% |
| 5Y Return (annualized) | +6.50% | +10.23%Best |
| Volatility (annualized) | 17.9% | 13.6%Best |
| Max Drawdown | -38.9% | -33.4%Best |
| $10,000 over 5 years | $13,701 | $16,274Best |
| Top 10 Weight | 8.3%Best | 41.5% |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Apr 19, 2011 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
FNY 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 14.9 years both funds cover.
FNY vs SCHD Performance
First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FNY returned +16.55% while SCHD returned +30.29%. Year to date, FNY is up 10.79% versus a gain of 27.56% for SCHD.
Over three years, FNY compounded at +17.57% per year against +16.37% for SCHD; over five years the annualized figures are +6.50% and +10.23% respectively. Across the full 15-year window we track, FNY has the edge at +12.74% annualized vs +11.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FNY has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 13.6% 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 -38.9% for FNY 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FNY charges 0.73% per year while SCHD charges 0.06%. On a $10,000 position that is $73 vs $6 annually, a gap of $67 per year that compounds over a long holding period. On income, FNY currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
1.0% of FNY's money is in holdings SCHD also owns. 0.2% of SCHD's money is in holdings FNY also owns.
FNY and SCHD share little of their money.
2 positions in common, counted across the 226 positions we hold weights for in FNY and 100 in SCHD, against full books of 226 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for FNY (99.7% of the fund), and 222 for FNY that do not appear in SCHD (97.9%).
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 FNY 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, FNY or SCHD?
FNY has an expense ratio of 0.73% while SCHD charges 0.06%. SCHD is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, FNY or SCHD?
Over the past year FNY returned +16.55% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), FNY annualized +12.74% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FNY or SCHD?
FNY has been the more volatile fund at 17.9% annualized versus 13.6% for SCHD. Worst drawdown: FNY -38.9% vs SCHD -33.4%.
Should I hold both FNY and SCHD?
FNY and SCHD have a monthly-return correlation of 0.74, 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 FNY and SCHD?
1.0% of FNY's money is in holdings SCHD also owns. 0.2% of SCHD's is in holdings FNY also owns. They hold 2 positions in common, counted across the 226 positions we hold weights for in FNY and 100 in SCHD.
Which pays a higher dividend, FNY or SCHD?
FNY yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FNY?
SCHD has a lower expense ratio. FNY led over 3Y and the full window, SCHD over 1Y and 5Y. FNY is less concentrated, with 8.3% 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.