FTNY vs SCHD
Franklin New York Municipal Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. FTNY offers more diversification with 275 holdings.
Side-by-Side Comparison
| Metric | FTNY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.06% | |
| AUM | $596M | $108.7B | |
| Dividend Yield | 3.54% | 3.13% | |
| Holdings | 275 | 104 | |
| YTD Return | +0.56% | +27.67% | |
| 1Y Return | - | +29.56% | |
| 3Y Return (annualized) | - | +16.53% | |
| 5Y Return (annualized) | - | +9.95% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -3.1% | -33.4% | |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 2, 1983 | Oct 20, 2011 |
FTNY vs SCHD Performance
Franklin New York Municipal Income ETF (FTNY) is a ETF from Franklin Templeton Investments (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, FTNY is up 0.56% versus a gain of 27.67% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -3.1% for FTNY and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
FTNY charges 0.36% per year while SCHD charges 0.06%. On a $10,000 position that is $36 vs $6 annually, a gap of $30 per year that compounds over a long holding period. On income, FTNY currently yields 3.54% against 3.13% for SCHD.
Holdings Overlap
FTNY and SCHD share 0 holdings out of 187 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FTNY or SCHD?
FTNY has an expense ratio of 0.36% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
What is the holdings overlap between FTNY and SCHD?
FTNY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 187 unique securities.
Which pays a higher dividend, FTNY or SCHD?
FTNY yields 3.54% while SCHD yields 3.13%, so FTNY currently pays the higher dividend yield.
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