SCHDvsFDLETF Comparison
VS
ETF 2
FDL
First Trust Morningstar Dividend Leaders Index Fund ETF
This fund is part of
US High Dividend
-0.01%
Schwab U.S. Dividend Equity ETF (SCHD) and First Trust Morningstar Dividend Leaders Index Fund ETF (FDL) belong to the same industry segment: US High Dividend. SCHD's top 3 sector exposures are Healthcare, Consumer Non-Cyclicals and Energy. In contrast, FDL's top sector exposures are Consumer Non-Cyclicals, Finance and Utilities. SCHD is less expensive with a Total Expense Ratio (TER) of 0.06%, versus 0.43% for FDL. SCHD is up 31.13% year-to-date (YTD) with +$24.83B in YTD flows. FDL performs worse with 21.75% YTD performance, and +$910M in YTD flows. Run a side-by-side ETF comparison of SCHD and FDL 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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SCHD vs FDL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SCHD FDL | +6.39%+5.74% | +5.94%+2.53% | +31.13%+21.75% | +34.01%+26.01% | +75.66%+88.54% | +63.87%+92.76% |
| Flows | SCHD FDL | +$2.48B+$121M | +$9.89B+$270M | +$24.83B+$910M | +$25.43B+$1.07B | +$41.08B+$1.85B | +$63.13B+$4.47B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SCHD FDL | +11.48%+12.88% | +11.52%+12.25% | +13.20%+13.17% | +14.43%+14.61% |
| Max drawdown | SCHD FDL | -6.85%-7.22% | -6.85%-7.22% | -16.07%-12.15% | -16.85%-16.51% |
| Max drawdown duration | SCHD FDL | 58d58d | 58d58d | 402d121d | 714d246d |
Trading data
SCHD | FDL | |
Last sale 10/28/2026 at 2:57 PM | $35.14 | $52.45 |
| Previous close 10/27/2026 | $35.12 | $52.51 |
| Consolidated volume 10/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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SCHD | FDL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/28/2026 at 2:57 PM
Live
Closed
SCHD | FDL | |
|---|---|---|
| Last price | $35.14 | $52.45 |
| 1D performance | +0.06% | -0.11% |
| AuM | $118.47 B | $8.18 B |
| E/R | 0.06% | 0.43% |
Characteristics
SCHD | FDL | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Schwab ETFs | First Trust |
| Benchmark | Dow Jones U.S. Dividend 100 Index | Morningstar Dividend Leaders Index |
| N° of holdings | 99 | 99 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 20, 2011 | March 9, 2006 |
| ESG | No | No |
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Exposure
Countries
SCHD
USA
96.96%
Other
3.04%
FDL
USA
93%
Other
7%
Sectors
SCHD
Healthcare
22.01%
Consumer Non-Cycl.
19.65%
Energy
15.17%
Finance
10.2%
Technology
9.47%
Other
23.5%
FDL
Consumer Non-Cycl.
23.37%
Finance
13.62%
Utilities
13.11%
Healthcare
12.6%
Energy
12.55%
Telecommunication.
10.96%
Other
13.79%
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Diversification
SCHD
Total weight of top 15 holdings out of 15
58.21%
FDL
Total weight of top 15 holdings out of 15
60.68%
Top 15 holdings
Data as of August 31, 2026
SCHD
Merck & Co., Inc.
5.03%
Abbott Laboratories
4.92%
Amgen, Inc.
4.82%
The Coca-Cola Co.
4.30%
Verizon Communications, Inc.
3.98%
The Home Depot, Inc.
3.97%
ConocoPhillips
3.91%
Chevron Corp.
3.89%
UnitedHealth Group, Inc.
3.87%
Procter & Gamble Co.
3.83%
PepsiCo, Inc.
3.69%
Bristol Myers Squibb Co.
3.37%
Texas Instruments Incorporated
3.10%
Accenture Plc
2.79%
Altria Group, Inc.
2.76%
FDL
Chevron Corp.
8.73%
Verizon Communications, Inc.
7.86%
Pfizer Inc.
6.46%
Philip Morris International, Inc.
5.78%
PepsiCo, Inc.
4.61%
Altria Group, Inc.
4.14%
Bristol Myers Squibb Co.
3.67%
Comcast Corp.
3.10%
United Parcel Service, Inc.
2.78%
Accenture Plc
2.57%
Blackstone, Inc.
2.47%
Medtronic Plc
2.47%
U.S. Bancorp
2.13%
The Southern Co.
1.97%
Duke Energy Corp.
1.94%
Frequently asked questions about SCHD and FDL
How have the SCHD and FDL ETFs performed in 2026?
As of October 27, 2026, SCHD is up 31.13% year-to-date (YTD), while FDL has returned 21.75%. That puts SCHD better performer ahead so far this year.
Which ETF is attracting more investor money: SCHD or FDL?
Year-to-date, the SCHD ETF saw +$24.83B in flows, compared to +$910M for FDL.
Which ETF is more volatile: SCHD or FDL?
Over the past year, SCHD had a volatility of 11.52%, while FDL experienced 12.25%.
Which ETF is bigger: SCHD or FDL?
As of October 27, 2026, SCHD holds $118.47 B in assets under management (AUM), while FDL manages $8.18 B.
What sectors do the SCHD and FDL ETFs invest in?
SCHD leans toward sectors like Healthcare, Consumer Non-Cyclicals and Energy. Meanwhile, FDL focuses on Consumer Non-Cyclicals, Finance and Utilities.
What are the top holdings of the SCHD ETF and FDL ETF?
SCHD top holdings include Merck & Co., Inc., Abbott Laboratories and Amgen, Inc.. FDL holds in its top three: Chevron Corp., Verizon Communications, Inc. and Pfizer Inc..
Which ETF is more diversified: SCHD or FDL?
SCHD holds 99 securities with 58.21% of its assets in the top 15. FDL has 100 securities and a top 15 weight of 60.68%.
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