ETF comparison
FDL vs SCHD
Both Dividend.
First Trust Morningstar Dividend Leaders Index Fund · Schwab U.S. Dividend Equity ETF
Holdings overlap
27 positions appear in both funds. Buying equal dollars of FDL and SCHD would leave roughly 35.0% 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
SCHD is 37 bps cheaper than FDL. On a $100,000 position that's about $370/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 SCHD.
Top shared holdings
27 shared in total| # | Holding | In FDL | In SCHD | Overlap |
|---|---|---|---|---|
| 1 | CHEVRON CORP | 7.43% | 4.01% | 4.01% |
| 2 | VERIZON COMMUNICATIONS INC | 7.17% | 3.96% | 3.96% |
| 3 | PEPSICO INC | 4.84% | 3.64% | 3.64% |
| 4 | BRISTOL-MYERS SQUIBB COMPANY | 3.43% | 3.32% | 3.32% |
| 5 | ALTRIA GROUP INC | 4.64% | 2.78% | 2.78% |
| 6 | COMCAST CORP | 3.13% | 2.31% | 2.31% |
| 7 | BLACKSTONE INC | 2.31% | 2.59% | 2.31% |
| 8 | UNITED PARCEL SERVICE INC | 3.15% | 1.89% | 1.89% |
| 9 | ACCENTURE PLC | 1.84% | 2.84% | 1.84% |
| 10 | ONEOK INC | 1.69% | 1.47% | 1.47% |
| 11 | TARGET CORP | 1.41% | 1.78% | 1.41% |
| 12 | PAYCHEX INC | 0.99% | 1.00% | 0.99% |
Only in FDL
74 total- PHILIP MORRIS INTERNATIONAL INC 6.06%
- PFIZER INC 5.91%
- SOUTHERN COMPANY (THE) 2.32%
- MEDTRONIC PLC 2.28%
- US BANCORP 2.27%
- DUKE ENERGY CORP 2.21%
- TRUIST FINANCIAL CORP 1.70%
- MONDELEZ INTERNATIONAL INC 1.57%
- KINDER MORGAN INC 1.54%
- DOMINION ENERGY INC 1.50%
Only in SCHD
72 total- Merck & Co Inc 4.76%
- Amgen Inc 4.70%
- Abbott Laboratories 4.68%
- Coca-Cola Co/The 4.16%
- ConocoPhillips 3.93%
- Home Depot Inc/The 3.87%
- Procter & Gamble Co/The 3.82%
- UnitedHealth Group Inc 3.82%
- Texas Instruments Inc 3.12%
- Automatic Data Processing Inc 2.78%
Related comparisons
More comparisons with FDL
- FDL vs PEY · Invesco High Yield Equity Dividend Achievers ETF 28.1%
- FDL vs SDY · State Street SPDR S&P Dividend ETF 22.1%
- FDL vs FDVV · Fidelity High Dividend ETF 20.5%
- FDL vs VYM · Vanguard High Dividend Yield Index Fund ETF Shares 15.2%
- FDL vs FVD · First Trust Value Line Dividend Index Fund 14.9%
- FDL vs DTD · WisdomTree U.S. Total Dividend Fund 14.6%
More comparisons with SCHD
- SCHD vs DVY · iShares Select Dividend ETF 23.0%
- SCHD vs SPHD · Invesco S&P 500 High Dividend Low Volatility ETF 22.3%
- SCHD vs SDY · State Street SPDR S&P Dividend ETF 21.5%
- SCHD vs VYM · Vanguard High Dividend Yield Index Fund ETF Shares 21.4%
- SCHD vs MGV · Vanguard Morningstar Mega Cap Value ETF 20.5%
- SCHD vs DGRO · iShares Core Dividend Growth ETF 20.3%
Percentages are holdings overlap with the named fund.
Open FDL or SCHD 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.