FFLV vs SCHD
FFLV vs SCHD
Fidelity Fundamental Large Cap Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. FFLV offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | FFLV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.06% | |
| AUM | $16M | $103.7B | |
| Dividend Yield | 1.41% | 3.31% | |
| Holdings | 119 | 104 | |
| YTD Return | +16.27% | +22.69% | |
| 1Y Return | +30.05% | +30.94% | |
| 3Y Return (annualized) | - | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 12.5% | 13.7% | |
| Max Drawdown | -16.7% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 9, 2024 | Oct 20, 2011 |
FFLV vs SCHD Performance
Fidelity Fundamental Large Cap Value ETF (FFLV) 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 FFLV returned +30.05% while SCHD returned +30.94%. Year to date, FFLV is up 16.27% versus a gain of 22.69% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 12.5% for FFLV. 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 -16.7% for FFLV 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFLV 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, FFLV currently yields 1.41% against 3.31% for SCHD.
Holdings Overlap
FFLV and SCHD share 6 holdings out of 199 unique holdings combined, representing a 7.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FFLV | Weight in SCHD | Difference |
|---|---|---|---|
| MRK | 2.12% | 4.32% | 2.20% |
| UNH | 1.04% | 4.54% | 3.50% |
| PG | 1.29% | 4.15% | 2.86% |
| KO | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| UPS | Pro | Pro | Pro |
See all 6 holdings FFLV 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, FFLV or SCHD?
FFLV 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, FFLV or SCHD?
Over the past year FFLV returned +30.05% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), FFLV annualized +17.06% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, FFLV or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 12.5% for FFLV. Worst drawdown: FFLV -16.7% vs SCHD -33.4%.
Should I hold both FFLV and SCHD?
FFLV and SCHD have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFLV and SCHD?
FFLV and SCHD share 6 common holdings with a 7.1% weight overlap. Combined, they hold 199 unique securities.
Which pays a higher dividend, FFLV or SCHD?
FFLV yields 1.41% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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