ETF comparison
FDL vs SCHD
Both Dividend.
First Trust Morningstar Dividend Leaders Index Fund · Schwab U.S. Dividend Equity ETF
Holdings overlap
29 positions appear in both funds. Buying equal dollars of FDL and SCHD would leave roughly 42.6% of each dollar exposed to the same underlying securities.
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
29 shared in total| # | Holding | In FDL | In SCHD | Overlap |
|---|---|---|---|---|
| 1 | Verizon Communications Inc. | 7.36% | 4.31% | 4.31% |
| 2 | CHEVRON CORP | 9.12% | 4.31% | 4.31% |
| 3 | Merck & Co., Inc | 5.51% | 4.24% | 4.24% |
| 4 | Altria Group, Inc. | 4.45% | 4.14% | 4.14% |
| 5 | Pepsico Inc | 4.76% | 4.01% | 4.01% |
| 6 | Bristol-Myers Squibb Company | 3.26% | 4.28% | 3.26% |
| 7 | United Parcel Service, Inc. | 3.03% | 3.08% | 3.03% |
| 8 | ConocoPhillips | 2.97% | 4.32% | 2.97% |
| 9 | Oneok Inc. | 1.77% | 1.87% | 1.77% |
| 10 | EOG Resources Inc. | 1.55% | 2.42% | 1.55% |
| 11 | Ford Motor Company | 1.42% | 1.98% | 1.42% |
| 12 | Target Corp. | 1.33% | 1.86% | 1.33% |
Only in FDL
58 total- Exxon Mobil Corp. 11.05%
- Pfizer Inc. 6.48%
- Comcast Corporation 2.82%
- U.S. Bancorp. 2.05%
- CVS Health Corp 1.96%
- PNC Financial Services Group Inc. 1.77%
- Truist Financial Corp. 1.64%
- Kinder Morgan, Inc. 1.47%
- Prudential Financial, Inc. 1.27%
- American Electric Power Co, Inc. 1.24%
Only in SCHD
69 total- Lockheed Martin Corp 4.82%
- Texas Instruments Inc 4.06%
- Coca-Cola Co/The 4.03%
- Amgen Inc 3.93%
- Home Depot Inc/The 3.72%
- Cisco Systems Inc 3.58%
- AbbVie Inc 3.53%
- SLB Ltd 2.76%
- Valero Energy Corp 2.24%
- Fastenal Co 1.90%
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.