FTBD vs SCHD
Fidelity Tactical Bond ETF vs Schwab US Dividend Equity ETF
Which is better, FTBD or SCHD?
Long Term High Quality against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window.
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 | FTBD | SCHD |
|---|---|---|
| Expense Ratio | 0.55% | 0.06%Best |
| AUM | $39M | $112.1B |
| Dividend Yield | 5.46% | 3.00% |
| Holdings | 775 | 103 |
| YTD Return | -0.44% | +25.07%Best |
| 1Y Return | -0.33% | +27.61%Best |
| 3Y Return (annualized) | +4.93% | +15.74%Best |
| 5Y Return (annualized) | - | +9.89% |
| Volatility (annualized) | 5.8%Best | 13.3% |
| Max Drawdown | -7.0%Best | -16.1% |
| $10,000 over 3.6 years | $11,358 | $15,169Best |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Value |
| Inception | Jan 24, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Jan 26, 2023 to Sep 11, 2026 (3.6 years).
FTBD 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 3.6 years both funds cover.
FTBD vs SCHD Performance
Fidelity Tactical Bond ETF (FTBD) is an ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FTBD returned -0.33% while SCHD returned +27.61%. Year to date, FTBD is down 0.44% versus a gain of 25.07% for SCHD.
Over three years, FTBD compounded at +4.93% per year against +15.74% for SCHD. Across the full 4-year window we track, SCHD has the edge at +12.27% annualized vs +3.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 5.8% for FTBD. 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 -7.0% for FTBD and -16.1% 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
FTBD charges 0.55% per year while SCHD charges 0.06%. On a $10,000 position that is $55 vs $6 annually, a gap of $49 per year that compounds over a long holding period. On income, FTBD currently yields 5.46% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 618 holdings in FTBD and 100 in SCHD, totalling 86.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 274 days apart, FTBD as of Nov 30, 2025 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 618 positions we hold weights for in FTBD and 100 in SCHD, against full books of 775 and 103.
You are not choosing between two funds in isolation.
Whichever of FTBD 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, FTBD or SCHD?
FTBD has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, FTBD or SCHD?
Over the past year FTBD returned -0.33% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), FTBD annualized +3.60% vs +12.27% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTBD or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 5.8% for FTBD. Worst drawdown: FTBD -7.0% vs SCHD -16.1%.
Should I hold both FTBD and SCHD?
FTBD 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.
Which pays a higher dividend, FTBD or SCHD?
FTBD yields 5.46% while SCHD yields 3.00%, so FTBD currently pays the higher dividend yield.
Is SCHD better than FTBD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.