FDLvsSCHDETF Comparison
ETF 1
FDL
First Trust Morningstar Dividend Leaders Index Fund ETF
This fund is part of
US High Dividend
-0.25%
VS
First Trust Morningstar Dividend Leaders Index Fund ETF (FDL) and Schwab U.S. Dividend Equity ETF (SCHD) belong to the same industry segment: US High Dividend. FDL's top 3 sector exposures are Consumer Non-Cyclicals, Finance and Utilities. In contrast, SCHD's top sector exposures are Healthcare, Consumer Non-Cyclicals and Energy. FDL is more expensive with a Total Expense Ratio (TER) of 0.43%, versus 0.06% for SCHD. FDL is up 20.58% year-to-date (YTD) with +$774M in YTD flows. SCHD performs better with 27.19% YTD performance, and +$21.05B in YTD flows. Run a side-by-side ETF comparison of FDL and SCHD below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FDL vs SCHD performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDL SCHD | -0.64%+0.18% | +5.64%+6.11% | +20.58%+27.19% | +25.57%+30.28% | +69.52%+56.15% | +93.30%+60.91% |
| Flows | FDL SCHD | +$53M+$3.37B | +$245M+$9.81B | +$774M+$21.05B | +$1.04B+$21.02B | +$1.59B+$37.50B | +$4.33B+$60.62B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDL SCHD | +13.36%+11.89% | +11.78%+11.19% | +13.22%+13.23% | +14.57%+14.44% |
| Max drawdown | FDL SCHD | -2.64%-3.48% | -4.26%-4.68% | -12.15%-16.07% | -16.51%-16.85% |
| Max drawdown duration | FDL SCHD | 21d22d | 31d58d | 121d402d | 246d714d |
Trading data
FDL | SCHD | |
Last sale 9/16/2026 at 3:40 PM | $52.19 | $34.18 |
| Previous close 09/15/2026 | $52.41 | $34.33 |
| Consolidated volume 09/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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FDL | SCHD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/16/2026 at 3:40 PM
Live
Closed
FDL | SCHD | |
|---|---|---|
| Last price | $52.19 | $34.18 |
| 1D performance | -0.42% | -0.45% |
| AuM | $8.04 B | $111.98 B |
| E/R | 0.43% | 0.06% |
Characteristics
FDL | SCHD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | First Trust | Schwab ETFs |
| Benchmark | Morningstar Dividend Leaders Index | Dow Jones U.S. Dividend 100 Index |
| N° of holdings | 99 | 99 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 9, 2006 | October 20, 2011 |
| ESG | No | No |
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Exposure
Countries
FDL
USA
93.05%
Other
6.95%
SCHD
USA
97.33%
Other
2.67%
Sectors
FDL
Consumer Non-Cycl.
23.44%
Finance
13.86%
Utilities
13.53%
Healthcare
12.35%
Energy
12.26%
Telecommunication.
10.78%
Other
13.78%
SCHD
Healthcare
20.88%
Consumer Non-Cycl.
20.19%
Energy
14.81%
Finance
10.46%
Technology
9.72%
Industrials
7.48%
Other
16.48%
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Diversification
FDL
Total weight of top 15 holdings out of 15
60.13%
SCHD
Total weight of top 15 holdings out of 15
58.01%
Top 15 holdings
Data as of July 31, 2026
FDL
Chevron Corp.
8.49%
Verizon Communications, Inc.
7.67%
Pfizer Inc.
6.28%
Philip Morris International, Inc.
5.91%
PepsiCo, Inc.
4.67%
Altria Group, Inc.
3.97%
Bristol Myers Squibb Co.
3.59%
Comcast Corp.
3.11%
United Parcel Service, Inc.
2.77%
Blackstone, Inc.
2.55%
Accenture Plc
2.48%
Medtronic Plc
2.48%
U.S. Bancorp
2.14%
The Southern Co.
2.04%
Duke Energy Corp.
1.98%
SCHD
Abbott Laboratories
4.64%
Merck & Co., Inc.
4.41%
Amgen, Inc.
4.29%
UnitedHealth Group, Inc.
4.28%
The Home Depot, Inc.
4.15%
The Coca-Cola Co.
4.13%
Procter & Gamble Co.
4.10%
Verizon Communications, Inc.
3.93%
Chevron Corp.
3.87%
PepsiCo, Inc.
3.79%
ConocoPhillips
3.59%
Texas Instruments Incorporated
3.50%
Bristol Myers Squibb Co.
3.26%
Altria Group, Inc.
3.10%
Lockheed Martin Corp.
2.97%
Frequently asked questions about FDL and SCHD
How have the FDL and SCHD ETFs performed in 2026?
As of September 14, 2026, FDL is up 20.58% year-to-date (YTD), while SCHD has returned 27.19%. That puts SCHD better performer ahead so far this year.
Which ETF is attracting more investor money: FDL or SCHD?
Year-to-date, the FDL ETF saw +$774M in flows, compared to +$21.05B for SCHD.
Which ETF is more volatile: FDL or SCHD?
Over the past year, FDL had a volatility of 11.78%, while SCHD experienced 11.19%.
Which ETF is bigger: FDL or SCHD?
As of September 14, 2026, FDL holds $8.04 B in assets under management (AUM), while SCHD manages $111.98 B.
What sectors do the FDL and SCHD ETFs invest in?
FDL leans toward sectors like Consumer Non-Cyclicals, Finance and Utilities. Meanwhile, SCHD focuses on Healthcare, Consumer Non-Cyclicals and Energy.
What are the top holdings of the FDL ETF and SCHD ETF?
FDL top holdings include Chevron Corp., Verizon Communications, Inc. and Pfizer Inc.. SCHD holds in its top three: Abbott Laboratories, Merck & Co., Inc. and Amgen, Inc..
Which ETF is more diversified: FDL or SCHD?
FDL holds 100 securities with 60.13% of its assets in the top 15. SCHD has 99 securities and a top 15 weight of 58.01%.
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