FPWR vs SCHD
First Trust EIP Power Solutions ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | FPWR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.06% | |
| AUM | $30M | $103.7B | |
| Dividend Yield | 1.82% | 3.31% | |
| Holdings | 60 | 104 | |
| YTD Return | +12.39% | +25.58% | |
| 1Y Return | +15.14% | +31.06% | |
| 3Y Return (annualized) | +18.04% | +15.55% | |
| 5Y Return (annualized) | +11.35% | +9.61% | |
| Volatility (annualized) | 14.5% | 13.6% | |
| Max Drawdown | -32.3% | -33.4% | |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Aug 20, 2019 | Oct 20, 2011 |
FPWR vs SCHD Performance
First Trust EIP Power Solutions ETF (FPWR) is a ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FPWR returned +15.14% while SCHD returned +31.06%. Year to date, FPWR is up 12.39% versus a gain of 25.58% for SCHD.
Over three years, FPWR compounded at +18.04% per year against +15.55% for SCHD; over five years the annualized figures are +11.35% and +9.61% respectively. Across the full 7-year window we track, SCHD has the edge at +11.46% annualized vs +11.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FPWR has been the more volatile fund, with annualized monthly volatility of 14.5% 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 -32.3% for FPWR and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FPWR charges 0.96% per year while SCHD charges 0.06%. On a $10,000 position that is $96 vs $6 annually, a gap of $90 per year that compounds over a long holding period. On income, FPWR currently yields 1.82% against 3.31% for SCHD.
Holdings Overlap
FPWR and SCHD share 4 holdings out of 153 unique holdings combined, representing a 2.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FPWR or SCHD?
FPWR has an expense ratio of 0.96% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $90 per year of difference.
Which performed better, FPWR or SCHD?
Over the past year FPWR returned +15.14% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), FPWR annualized +11.07% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, FPWR or SCHD?
FPWR has been the more volatile fund at 14.5% annualized versus 13.6% for SCHD. Worst drawdown: FPWR -32.3% vs SCHD -33.4%.
Should I hold both FPWR and SCHD?
FPWR and SCHD have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FPWR and SCHD?
FPWR and SCHD share 4 common holdings with a 2.3% weight overlap. Combined, they hold 153 unique securities.
Which pays a higher dividend, FPWR or SCHD?
FPWR yields 1.82% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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