FCFY vs SCHD
First Trust S&P 500 Diversified Free Cash Flow ETF vs Schwab US Dividend Equity ETF
Which is better, FCFY or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. FCFY is less concentrated, with 31.2% of the fund in its ten largest positions against 41.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FCFY | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $1M | $111.6B |
| Dividend Yield | 1.33% | 3.24% |
| Holdings | 202 | 206 |
| YTD Return | +7.97% | +24.55%Best |
| 1Y Return | +12.95% | +29.85%Best |
| 3Y Return (annualized) | +16.29% | +16.64%Best |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 15.3% | 13.8%Best |
| Max Drawdown | -21.4% | -16.1%Best |
| $10,000 over 3.1 years | $15,494 | $15,502Best |
| Top 10 Weight | 31.2%Best | 41.6% |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 23, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 24, 2023 to Oct 14, 2026 (3.1 years).
FCFY vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.1 years both funds cover.
FCFY vs SCHD Performance
First Trust S&P 500 Diversified Free Cash Flow ETF (FCFY) is an ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year FCFY returned +12.95% while SCHD returned +29.85%. Year to date, FCFY is up 7.97% versus a gain of 24.55% for SCHD.
Over three years, FCFY compounded at +16.29% per year against +16.64% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FCFY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.8% 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 -21.4% for FCFY and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FCFY charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, FCFY currently yields 1.33% against 3.24% for SCHD.
Holdings Overlap
16.1% of FCFY's money is in holdings SCHD also owns. 24.6% of SCHD's money is in holdings FCFY also owns.
SCHD and FCFY share little of their money.
14 positions in common, counted across the 100 positions we hold weights for in FCFY and 98 in SCHD, against full books of 202 and 206.
What only one of them owns
Our book lists 83 positions for SCHD that do not appear in our book for FCFY (75.2% of the fund), and 85 for FCFY that do not appear in SCHD (83.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in FCFY | Weight in SCHD | Difference |
|---|---|---|---|
| QCOMQualcomm Inc. | 2.72% | 4.61% | 1.89% |
| ACNAccenture Plc | 1.93% | 3.13% | 1.20% |
| CMCSAComcast Corp. Class A | 2.51% | 1.96% | 0.55% |
| BMYBristol-Myers Squibb Co. | 0.69% | 3.21% | 2.52% |
| MOAltria Group Inc | 0.64% | 2.89% | 2.25% |
| ADPAutomatic Data Processing, Inc. | 0.63% | 2.63% | 2.00% |
| ADMArcher-daniels D | 1.31% | 1.00% | 0.31% |
| DVNDevon Energy Corp. | 0.82% | 1.35% | 0.53% |
| FFord Motor Co | 0.88% | 1.22% | 0.34% |
| BBYBest Buy Co Inc | 1.20% | 0.45% | 0.75% |
24.6% of SCHD is already inside FCFY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FCFY or SCHD?
FCFY has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, FCFY or SCHD?
Over the past year FCFY returned +12.95% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FCFY or SCHD?
FCFY has been the more volatile fund at 15.3% annualized versus 13.8% for SCHD. Worst drawdown: FCFY -21.4% vs SCHD -16.1%.
Should I hold both FCFY and SCHD?
FCFY and SCHD have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FCFY and SCHD?
24.6% of SCHD's money is in holdings FCFY also owns. 24.6% of SCHD's is in holdings FCFY also owns. They hold 14 positions in common, counted across the 100 positions we hold weights for in FCFY and 98 in SCHD.
Which pays a higher dividend, FCFY or SCHD?
FCFY yields 1.33% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than FCFY?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. FCFY is less concentrated, with 31.2% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.