FFLC vs SCHD
FFLC vs SCHD
Fidelity Fundamental Large Cap Core ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. FFLC offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | FFLC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.06% | |
| AUM | $1.2B | $103.7B | |
| Dividend Yield | 0.99% | 3.31% | |
| Holdings | 111 | 104 | |
| YTD Return | +12.80% | +24.08% | |
| 1Y Return | +21.23% | +31.88% | |
| 3Y Return (annualized) | +21.92% | +14.92% | |
| 5Y Return (annualized) | +17.09% | +9.85% | |
| Volatility (annualized) | 16.0% | 13.6% | |
| Max Drawdown | -19.7% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 2, 2020 | Oct 20, 2011 |
FFLC vs SCHD Performance
Fidelity Fundamental Large Cap Core ETF (FFLC) is a ETF from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FFLC returned +21.23% while SCHD returned +31.88%. Year to date, FFLC is up 12.80% versus a gain of 24.08% for SCHD.
Over three years, FFLC compounded at +21.92% per year against +14.92% for SCHD; over five years the annualized figures are +17.09% and +9.85% respectively. Across the full 6-year window we track, FFLC has the edge at +20.33% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFLC has been the more volatile fund, with annualized monthly volatility of 16.0% 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 -19.7% for FFLC and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLC charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, FFLC currently yields 0.99% against 3.31% for SCHD.
Holdings Overlap
FFLC and SCHD share 7 holdings out of 198 unique holdings combined, representing a 3.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FFLC | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 0.71% | 4.54% | 3.83% |
| KO | 0.92% | 4.08% | 3.16% |
| MRK | 0.55% | 4.32% | 3.77% |
| COP | Pro | Pro | Pro |
| UPS | Pro | Pro | Pro |
| CMCSA | Pro | Pro | Pro |
| MTN | Pro | Pro | Pro |
See all 7 holdings FFLC shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, FFLC or SCHD?
FFLC has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, FFLC or SCHD?
Over the past year FFLC returned +21.23% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), FFLC annualized +20.33% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, FFLC or SCHD?
FFLC has been the more volatile fund at 16.0% annualized versus 13.6% for SCHD. Worst drawdown: FFLC -19.7% vs SCHD -33.4%.
Should I hold both FFLC and SCHD?
FFLC and SCHD have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFLC and SCHD?
FFLC and SCHD share 7 common holdings with a 3.9% weight overlap. Combined, they hold 198 unique securities.
Which pays a higher dividend, FFLC or SCHD?
FFLC yields 0.99% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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