RDVI vs SCHD
RDVI vs SCHD
FT Vest Rising Dividend Achievers Target Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | RDVI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.06% | |
| AUM | $3.5B | $103.7B | |
| Dividend Yield | 8.05% | 3.31% | |
| Holdings | 75 | 104 | |
| YTD Return | +15.08% | +24.26% | |
| 1Y Return | +26.68% | +31.38% | |
| 3Y Return (annualized) | +18.16% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 15.0% | 13.6% | |
| Max Drawdown | -18.4% | -33.4% | |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 19, 2022 | Oct 20, 2011 |
RDVI vs SCHD Performance
FT Vest Rising Dividend Achievers Target Income ETF (RDVI) is a ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RDVI returned +26.68% while SCHD returned +31.38%. Year to date, RDVI is up 15.08% versus a gain of 24.26% for SCHD.
Over three years, RDVI compounded at +18.16% per year against +15.08% for SCHD. Across the full 4-year window we track, RDVI has the edge at +20.51% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RDVI has been the more volatile fund, with annualized monthly volatility of 15.0% 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 -18.4% for RDVI 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 0.75. 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 8.05% against 3.31% for SCHD.
Holdings Overlap
RDVI and SCHD share 7 holdings out of 164 unique holdings combined, representing a 6.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in RDVI | Weight in SCHD | Difference |
|---|---|---|---|
| ABT | 0.66% | 4.49% | 3.83% |
| ADP | 1.85% | 2.54% | 0.69% |
| ACN | 1.19% | 2.24% | 1.05% |
| SNA | Pro | Pro | Pro |
| CINF | Pro | Pro | Pro |
| RF | Pro | Pro | Pro |
| EWBC | Pro | Pro | Pro |
See all 7 holdings RDVI 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, RDVI or SCHD?
RDVI has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.
Which performed better, RDVI or SCHD?
Over the past year RDVI returned +26.68% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), RDVI annualized +20.51% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, RDVI or SCHD?
RDVI has been the more volatile fund at 15.0% annualized versus 13.6% for SCHD. Worst drawdown: RDVI -18.4% vs SCHD -33.4%.
Should I hold both RDVI and SCHD?
RDVI and SCHD have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RDVI and SCHD?
RDVI and SCHD share 7 common holdings with a 6.1% weight overlap. Combined, they hold 164 unique securities.
Which pays a higher dividend, RDVI or SCHD?
RDVI yields 8.05% while SCHD yields 3.31%, so RDVI currently pays the higher dividend yield.
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