FSEV vs SCHD
Fidelity Enhanced Small Cap Value ETF vs Schwab US Dividend Equity ETF
Which is better, FSEV or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. FSEV is less concentrated, with 8.6% 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 | FSEV | SCHD |
|---|---|---|
| Expense Ratio | 0.28% | 0.06%Best |
| AUM | $7M | $112.2B |
| Dividend Yield | 0.27% | 3.13% |
| Holdings | 390 | 103 |
| YTD Return | +7.70% | +27.56%Best |
| 1Y Return | - | +30.29% |
| 3Y Return (annualized) | - | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Top 10 Weight | 8.6%Best | 41.5% |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Apr 28, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FSEV 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.
FSEV vs SCHD Performance
Fidelity Enhanced Small Cap Value ETF (FSEV) 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, FSEV is up 7.70% versus a gain of 27.56% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
FSEV 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, FSEV currently yields 0.27% against 3.13% for SCHD.
Holdings Overlap
2.4% of FSEV's money is in holdings SCHD also owns. 0.8% of SCHD's money is in holdings FSEV also owns.
FSEV and SCHD share little of their money.
13 positions in common, counted across the 427 positions we hold weights for in FSEV and 100 in SCHD, against full books of 390 and 103.
What only one of them owns
Our book lists 87 positions for SCHD that do not appear in our book for FSEV (99.2% of the fund), and 390 for FSEV that do not appear in SCHD (92.5%).
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 FSEV | Weight in SCHD | Difference |
|---|---|---|---|
| BANRBanner Corp_None_0 | 0.36% | 0.06% | 0.30% |
| OFG:PROfg Bancorp Common Stock | 0.35% | 0.06% | 0.29% |
| CNSCohen & Steers Inc | 0.27% | 0.06% | 0.21% |
| BKEBuckle Inc/the | 0.29% | 0.04% | 0.25% |
| CPFCentral Pacific Financial Corp | 0.27% | 0.03% | 0.24% |
| MURMurphy Oil Corp | 0.18% | 0.11% | 0.07% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.17% | 0.05% | 0.12% |
| KFYKorn Ferry | 0.11% | 0.11% | 0.00% |
| CVBFCvb Financial Corp. | 0.11% | 0.09% | 0.02% |
| LANCLancaster Colony Corp | 0.10% | 0.06% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of FSEV 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, FSEV or SCHD?
FSEV 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.
What is the holdings overlap between FSEV and SCHD?
2.4% of FSEV's money is in holdings SCHD also owns. 0.8% of SCHD's is in holdings FSEV also owns. They hold 13 positions in common, counted across the 427 positions we hold weights for in FSEV and 100 in SCHD.
Which pays a higher dividend, FSEV or SCHD?
FSEV yields 0.27% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FSEV?
SCHD has a lower expense ratio. FSEV is less concentrated, with 8.6% 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.