RDVI vs SCHD
FT Vest Rising Dividend Achievers Target Income ETF vs Schwab US Dividend Equity ETF
Which is better, RDVI or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. RDVI led over 3Y and the full window, SCHD over 1Y. RDVI is less concentrated, with 23.7% 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 | RDVI | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $3.7B | $112.1B |
| Dividend Yield | 7.89% | 3.00% |
| Holdings | 73 | 103 |
| YTD Return | +8.76% | +21.99%Best |
| 1Y Return | +13.59% | +25.92%Best |
| 3Y Return (annualized) | +17.99%Best | +15.66% |
| 5Y Return (annualized) | - | +9.48% |
| Volatility (annualized) | 15.1% | 13.6%Best |
| Max Drawdown | -18.4% | -16.1%Best |
| $10,000 over 3.9 years | $19,114Best | $16,653 |
| Top 10 Weight | 23.7%Best | 41.8% |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 19, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 20, 2022 to Sep 23, 2026 (3.9 years).
RDVI 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 3.9 years both funds cover.
RDVI vs SCHD Performance
FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is an ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RDVI returned +13.59% while SCHD returned +25.92%. Year to date, RDVI is up 8.76% versus a gain of 21.99% for SCHD.
Over three years, RDVI compounded at +17.99% per year against +15.66% for SCHD. Across the full 4-year window we track, RDVI has the edge at +18.07% annualized vs +13.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDVI has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 13.6% for SCHD. 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 -18.4% for RDVI 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RDVI charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, RDVI currently yields 7.89% against 3.00% for SCHD.
Holdings Overlap
8.6% of RDVI's money is in holdings SCHD also owns. 9.7% of SCHD's money is in holdings RDVI also owns.
SCHD and RDVI share little of their money.
6 positions in common, counted across the 71 positions we hold weights for in RDVI and 100 in SCHD, against full books of 73 and 103.
What only one of them owns
Our book lists 93 positions for SCHD that do not appear in our book for RDVI (90.3% of the fund), and 64 for RDVI that do not appear in SCHD (89.8%).
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
You are not choosing between two funds in isolation.
Whichever of RDVI 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, RDVI or SCHD?
RDVI has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, RDVI or SCHD?
Over the past year RDVI returned +13.59% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), RDVI annualized +18.07% vs +13.97% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RDVI or SCHD?
RDVI has been the more volatile fund at 15.1% annualized versus 13.6% for SCHD. Worst drawdown: RDVI -18.4% vs SCHD -16.1%.
Should I hold both RDVI and SCHD?
RDVI and SCHD have a monthly-return correlation of 0.74, 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 RDVI and SCHD?
9.7% of SCHD's money is in holdings RDVI also owns. 9.7% of SCHD's is in holdings RDVI also owns. They hold 6 positions in common, counted across the 71 positions we hold weights for in RDVI and 100 in SCHD.
Which pays a higher dividend, RDVI or SCHD?
RDVI yields 7.89% while SCHD yields 3.00%, so RDVI currently pays the higher dividend yield.
Is SCHD better than RDVI?
SCHD has a lower expense ratio. RDVI led over 3Y and the full window, SCHD over 1Y. RDVI is less concentrated, with 23.7% 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.