ETF comparison
FDL vs SCHB
Dividend vs US Total Market.
First Trust Morningstar Dividend Leaders Index Fund · Schwab U.S. Broad Market ETF
Holdings overlap
99 positions appear in both funds. Buying equal dollars of FDL and SCHB would leave roughly 5.2% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCHB is 40 bps cheaper than FDL. On a $100,000 position that's about $400/yr more in fees for FDL.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with FDL vs SCHB.
Top shared holdings
99 shared in total| # | Holding | In FDL | In SCHB | Overlap |
|---|---|---|---|---|
| 1 | CHEVRON CORP | 7.43% | 0.52% | 0.52% |
| 2 | PHILIP MORRIS INTERNATIONAL INC | 6.06% | 0.39% | 0.39% |
| 3 | VERIZON COMMUNICATIONS INC | 7.17% | 0.28% | 0.28% |
| 4 | PEPSICO INC | 4.84% | 0.26% | 0.26% |
| 5 | PFIZER INC | 5.91% | 0.22% | 0.22% |
| 6 | BRISTOL-MYERS SQUIBB COMPANY | 3.43% | 0.18% | 0.18% |
| 7 | ACCENTURE PLC | 1.84% | 0.16% | 0.16% |
| 8 | MEDTRONIC PLC | 2.28% | 0.16% | 0.16% |
| 9 | ALTRIA GROUP INC | 4.64% | 0.15% | 0.15% |
| 10 | BLACKSTONE INC | 2.31% | 0.14% | 0.14% |
| 11 | SOUTHERN COMPANY (THE) | 2.32% | 0.13% | 0.13% |
| 12 | US BANCORP | 2.27% | 0.13% | 0.13% |
Only in FDL
2 total- DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS 0.04%
- BROWN-FORMAN CORP 0.03%
Only in SCHB
2,273 total- NVIDIA Corp 7.20%
- Apple Inc 6.27%
- Microsoft Corp 5.08%
- Amazon.com Inc 3.42%
- Alphabet Inc 2.68%
- Broadcom Inc 2.36%
- Alphabet Inc 2.13%
- Meta Platforms Inc 1.69%
- Micron Technology Inc 1.46%
- Tesla Inc 1.39%
Related comparisons
More comparisons with FDL
- FDL vs VOO · Vanguard S&P 500 ETF 5.2%
- FDL vs SPYM · State Street SPDR Portfolio S&P 500 ETF 5.2%
- FDL vs IVV · iShares Core S&P 500 ETF 5.1%
- FDL vs SPY · State Street SPDR S&P 500 ETF Trust 5.1%
- FDL vs VTI · Vanguard Morningstar Total Stock Market ETF 4.9%
- FDL vs ITOT · iShares Core S&P Total U.S. Stock Market ETF 4.9%
More comparisons with SCHB
- SCHB vs SPYD · State Street SPDR Portfolio S&P 500 High Dividend ETF 5.1%
- SCHB vs VBK · Vanguard Morningstar Small-Cap Growth ETF 5.1%
- SCHB vs SPHD · Invesco S&P 500 High Dividend Low Volatility ETF 5.0%
- SCHB vs IVOO · Vanguard S&P Mid-Cap 400 Index Fund ETF Shares 4.8%
- SCHB vs IJH · iShares Core S&P Mid-Cap ETF 4.7%
- SCHB vs SPMD · State Street SPDR Portfolio S&P 400 Mid Cap ETF 4.7%
Percentages are holdings overlap with the named fund.
Open FDL or SCHB at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.