FSEG vs SCHD
Fidelity Enhanced Small Cap Growth ETF vs Schwab US Dividend Equity ETF
Which is better, FSEG or SCHD?
Small Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. FSEG is less concentrated, with 8.4% 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 | FSEG | SCHD |
|---|---|---|
| Expense Ratio | 0.28% | 0.06%Best |
| AUM | $7M | $112.2B |
| Dividend Yield | 0.03% | 3.13% |
| Holdings | 423 | 103 |
| YTD Return | +7.24% | +26.13%Best |
| 1Y Return | - | +30.01% |
| 3Y Return (annualized) | - | +16.09% |
| 5Y Return (annualized) | - | +9.95% |
| Top 10 Weight | 8.4%Best | 41.5% |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Growth | Large Cap Value |
| Inception | Apr 28, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FSEG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FSEG vs SCHD Performance
Fidelity Enhanced Small Cap Growth ETF (FSEG) is an ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, FSEG is up 7.24% versus a gain of 26.13% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
FSEG charges 0.28% per year while SCHD charges 0.06%. On a $10,000 position that is $28 vs $6 annually, a gap of $22 per year that compounds over a long holding period. On income, FSEG currently yields 0.03% against 3.13% for SCHD.
Holdings Overlap
0.7% of FSEG's money is in holdings SCHD also owns. 0.2% of SCHD's money is in holdings FSEG also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
3 positions in common, counted across the 455 positions we hold weights for in FSEG and 100 in SCHD, against full books of 423 and 103.
What only one of them owns
Our book lists 95 positions for SCHD that do not appear in our book for FSEG (99.5% of the fund), and 431 for FSEG that do not appear in SCHD (95.7%).
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 FSEG 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, FSEG or SCHD?
FSEG has an expense ratio of 0.28% while SCHD charges 0.06%. SCHD is the cheaper option, by $22 a year on a $10,000 investment.
Which pays a higher dividend, FSEG or SCHD?
FSEG yields 0.03% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FSEG?
SCHD has a lower expense ratio. FSEG is less concentrated, with 8.4% 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.