FRIZ vs SCHD
Franklin Dividend Growth ETF vs Schwab US Dividend Equity ETF
Which is better, FRIZ or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. FRIZ is less concentrated, with 40.1% 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 | FRIZ | SCHD |
|---|---|---|
| Expense Ratio | 0.49% | 0.06%Best |
| AUM | $5M | $112.1B |
| Dividend Yield | 0.78% | 3.00% |
| Holdings | 45 | 103 |
| YTD Return | +4.47% | +24.23%Best |
| 1Y Return | +6.05% | +27.90%Best |
| 3Y Return (annualized) | - | +15.55% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 9.0%Best | 13.4% |
| Max Drawdown | -7.8% | -4.6%Best |
| $10,000 over 1.1 years | $10,825 | $12,719Best |
| Top 10 Weight | 40.1%Best | 41.8% |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 28, 2025 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Aug 29, 2025 to Sep 17, 2026 (1.1 years).
FRIZ 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 1.1 years both funds cover.
FRIZ vs SCHD Performance
Franklin Dividend Growth ETF (FRIZ) 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 FRIZ returned +6.05% while SCHD returned +27.90%. Year to date, FRIZ is up 4.47% versus a gain of 24.23% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 9.0% for FRIZ. 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 -7.8% for FRIZ and -4.6% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FRIZ charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, FRIZ currently yields 0.78% against 3.00% for SCHD.
Holdings Overlap
14.8% of FRIZ's money is in holdings SCHD also owns. 27.2% of SCHD's money is in holdings FRIZ also owns.
SCHD and FRIZ share little of their money.
7 positions in common, counted across the 43 positions we hold weights for in FRIZ and 100 in SCHD, against full books of 45 and 103.
What only one of them owns
Our book lists 92 positions for SCHD that do not appear in our book for FRIZ (72.8% of the fund), and 34 for FRIZ that do not appear in SCHD (80.8%).
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 FRIZ | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 2.35% | 4.77% | 2.42% |
| ABTAbbott Laboratories | 2.23% | 4.69% | 2.46% |
| CVXChevron Corp | 2.65% | 4.02% | 1.37% |
| KOCoca Cola Co. | 2.26% | 4.17% | 1.91% |
| UNHUnitedhealth Group Incorporated | 2.02% | 3.82% | 1.80% |
| PGProcter & Gamble Company | 1.76% | 3.83% | 2.07% |
| EOGEog Resources Inc | 1.56% | 1.88% | 0.32% |
27.2% of SCHD is already inside FRIZ.
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, FRIZ or SCHD?
FRIZ has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, FRIZ or SCHD?
Over the past year FRIZ returned +6.05% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), FRIZ annualized +7.47% vs +24.44% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FRIZ or SCHD?
SCHD has been the more volatile fund at 13.4% annualized versus 9.0% for FRIZ. Worst drawdown: FRIZ -7.8% vs SCHD -4.6%.
Should I hold both FRIZ and SCHD?
FRIZ and SCHD have a monthly-return correlation of 0.60, 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 FRIZ and SCHD?
27.2% of SCHD's money is in holdings FRIZ also owns. 27.2% of SCHD's is in holdings FRIZ also owns. They hold 7 positions in common, counted across the 43 positions we hold weights for in FRIZ and 100 in SCHD.
Which pays a higher dividend, FRIZ or SCHD?
FRIZ yields 0.78% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FRIZ?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. FRIZ is less concentrated, with 40.1% 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.