FDV vs. SCHD
Compare and contrast key facts about Federated Hermes U.S. Strategic Dividend ETF (FDV) and Schwab US Dividend Equity ETF (SCHD).
FDV and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDV is an actively managed fund by Federated. It was launched on Nov 15, 2022. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDV or SCHD.
Correlation
The correlation between FDV and SCHD is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDV vs. SCHD - Performance Comparison
Key characteristics
FDV:
0.80
SCHD:
0.18
FDV:
1.15
SCHD:
0.35
FDV:
1.16
SCHD:
1.05
FDV:
0.91
SCHD:
0.18
FDV:
3.46
SCHD:
0.64
FDV:
3.30%
SCHD:
4.44%
FDV:
14.30%
SCHD:
15.99%
FDV:
-16.70%
SCHD:
-33.37%
FDV:
-7.48%
SCHD:
-11.47%
Returns By Period
In the year-to-date period, FDV achieves a 0.22% return, which is significantly higher than SCHD's -5.19% return.
FDV
0.22%
-4.96%
-3.18%
11.86%
N/A
N/A
SCHD
-5.19%
-6.93%
-7.13%
3.21%
12.59%
10.43%
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FDV vs. SCHD - Expense Ratio Comparison
FDV has a 0.50% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
FDV vs. SCHD — Risk-Adjusted Performance Rank
FDV
SCHD
FDV vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes U.S. Strategic Dividend ETF (FDV) and Schwab US Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FDV vs. SCHD - Dividend Comparison
FDV's dividend yield for the trailing twelve months is around 2.96%, less than SCHD's 4.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDV Federated Hermes U.S. Strategic Dividend ETF | 2.96% | 3.12% | 3.55% | 0.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 4.05% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
FDV vs. SCHD - Drawdown Comparison
The maximum FDV drawdown since its inception was -16.70%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FDV and SCHD. For additional features, visit the drawdowns tool.
Volatility
FDV vs. SCHD - Volatility Comparison
The current volatility for Federated Hermes U.S. Strategic Dividend ETF (FDV) is 9.47%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 11.20%. This indicates that FDV experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.