FTBD vs SCHD
FTBD vs SCHD
Fidelity Tactical Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. FTBD offers more diversification with 618 holdings.
Side-by-Side Comparison
| Metric | FTBD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.06% | |
| AUM | $37M | $103.7B | |
| Dividend Yield | 5.46% | 3.31% | |
| Holdings | 1,525 | 104 | |
| YTD Return | +0.87% | +23.53% | |
| 1Y Return | +3.27% | +30.95% | |
| 3Y Return (annualized) | +5.19% | +14.72% | |
| 5Y Return (annualized) | - | +9.56% | |
| Volatility (annualized) | 5.8% | 13.6% | |
| Max Drawdown | -7.0% | -33.4% | |
| Fund Family | Fidelity Investments (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Jan 24, 2023 | Oct 20, 2011 |
FTBD vs SCHD Performance
Fidelity Tactical Bond ETF (FTBD) 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 FTBD returned +3.27% while SCHD returned +30.95%. Year to date, FTBD is up 0.87% versus a gain of 23.53% for SCHD.
Over three years, FTBD compounded at +5.19% per year against +14.72% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.35% annualized vs +4.08%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 -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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
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 3.31% for SCHD.
Holdings Overlap
FTBD and SCHD share 0 holdings out of 718 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, FTBD or SCHD?
FTBD has an expense ratio of 0.55% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, FTBD or SCHD?
Over the past year FTBD returned +3.27% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), FTBD annualized +4.08% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, FTBD or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 5.8% for FTBD. Worst drawdown: FTBD -7.0% vs SCHD -33.4%.
Should I hold both FTBD and SCHD?
FTBD and SCHD have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTBD and SCHD?
FTBD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 718 unique securities.
Which pays a higher dividend, FTBD or SCHD?
FTBD yields 5.46% while SCHD yields 3.31%, so FTBD currently pays the higher dividend yield.
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