FDVV vs SCHD: ETF Comparison
Compare FDVV (Fidelity High Dividend ETF) and SCHD (Schwab U.S. Dividend Equity ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 15, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
FDVV vs SCHD: The Verdict
On average annual total return since inception, FDVV is virtually tied with SCHD — +13.5% vs +13.5%. With a gap this small, the deciding factors are more likely to be yield, payout schedule, and how each strategy fits your goals than raw performance.
Keep the track records in mind: SCHD has been trading for 14.9 years, while FDVV has only 10.0 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments — one strong or weak stretch moves the needle more.
FDVV vs SCHD Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| FDVV | Fidelity High Dividend ETF | Fidelity | 9/12/2016 | 10.0y | +255.0% | +13.5% | 2.8% | 0.15% | A |
| SCHD | Schwab U.S. Dividend Equity ETF | Schwab | 10/20/2011 | 14.9y | +558.0% | +13.5% | 3.0% | 0.06% | A |
FDVV vs SCHD — Frequently Asked Questions
Which is better, FDVV or SCHD?
By average annual total return since inception, FDVV is virtually tied with SCHD (+13.5% vs +13.5% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between FDVV and SCHD?
FDVV (Fidelity High Dividend ETF) is offered by Fidelity and currently yields 2.8%. SCHD (Schwab U.S. Dividend Equity ETF) is offered by Schwab and yields 3.0%. Their average annual total returns since inception are +13.5% and +13.5% respectively.
Does FDVV pay a higher dividend than SCHD?
FDVV currently yields 2.8% and SCHD yields 3.0%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.