FDVV vs SCHD: Dividend Yield, Total Return & Fees Compared

Fidelity High Dividend ETFSchwab U.S. Dividend Equity ETF

Data as of the close · refreshed automatically every trading day

Higher yieldSCHD3.18% vs 2.78%
Better 1-year total returnSCHD+27.35% vs +14.86%
Better 5-year total returnFDVV+92.64% vs +57.83%

FDVV vs SCHD at a glance

This page compares Fidelity High Dividend ETF (FDVV) with Schwab U.S. Dividend Equity ETF (SCHD) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, SCHD has led over the last 12 months at +27.35% versus +14.86% for FDVV. SCHD currently yields 3.18% (trailing 12-month) against 2.78% for FDVV. Across five years the total-return gap is +92.64% for FDVV vs +57.83% for SCHD.

SCHD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for FDVV and SCHD
MetricFDVVSCHD
Last close$61.70$33.21
Dividend yield2.78% (TTM)3.18% (TTM)
Expense ratio—0.06%
Paysquarterlyquarterly
Dividends, last 12 months$1.71 (4 payments)$1.06 (4 payments)
IssuerFidelity InvestmentsSchwab
Inception—Oct 21, 2011

Performance: FDVV vs SCHD

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

FDVVSCHD

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
FDVVFidelity High Dividend ETF
2.78%
+14.86%$61.70$0.362QuarterlyFidelity Investments
SCHDSchwab U.S. Dividend Equity ETF
3.18%
+27.35%Best$33.21$0.267QuarterlySchwab

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
FDVVFidelity High Dividend ETF-1.96%+3.49%+13.62%+14.86%+30.60%+92.64%
SCHDSchwab U.S. Dividend Equity ETF-4.65%+4.74%+10.49%+27.35%+28.43%+57.83%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
FDVVFidelity High Dividend ETF$0.362Sep 18, 2026-30.25%$1.7144 payoutsDec 15, 2023: $0.42Mar 15, 2024: $0.372Jun 21, 2024: $0.319Sep 20, 2024: $0.30Dec 20, 2024: $0.479Mar 21, 2025: $0.419Jun 20, 2025: $0.447Sep 19, 2025: $0.377Dec 19, 2025: $0.393Mar 20, 2026: $0.44Jun 18, 2026: $0.519Sep 18, 2026: $0.362
SCHDSchwab U.S. Dividend Equity ETF$0.267Sep 23, 2026+5.53%$1.0554 payoutsDec 6, 2023: $0.25Mar 20, 2024: $0.20Jun 26, 2024: $0.27Sep 25, 2024: $0.25Dec 11, 2024: $0.265Mar 26, 2025: $0.249Jun 25, 2025: $0.26Sep 24, 2025: $0.26Dec 10, 2025: $0.278Mar 25, 2026: $0.257Jun 24, 2026: $0.253Sep 23, 2026: $0.267

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

FDVVSCHD
Sep 18, 2026$0.362Sep 23, 2026$0.267
Jun 18, 2026$0.519Jun 24, 2026$0.253
Mar 20, 2026$0.440Mar 25, 2026$0.257
Dec 19, 2025$0.393Dec 10, 2025$0.278
Sep 19, 2025$0.377Sep 24, 2025$0.260
Jun 20, 2025$0.447Jun 25, 2025$0.260
Mar 21, 2025$0.419Mar 26, 2025$0.249
Dec 20, 2024$0.479Dec 11, 2024$0.265
Sep 20, 2024$0.300Sep 25, 2024$0.250
Jun 21, 2024$0.319Jun 26, 2024$0.270
Mar 15, 2024$0.372Mar 20, 2024$0.200
Dec 15, 2023$0.420Dec 6, 2023$0.250

FDVV vs SCHD: common questions

Which pays a higher dividend, FDVV or SCHD?

As of September 25, 2026, FDVV yields 2.78% (trailing 12-month) and SCHD yields 3.18% (trailing 12-month), so SCHD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, FDVV or SCHD?

Over the past year with dividends reinvested, FDVV returned +14.86% and SCHD returned +27.35%. Over five years, FDVV returned +92.64% and SCHD returned +57.83%. Past performance does not predict future results.

What would $10,000 in FDVV vs SCHD be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,486 in FDVV and $12,735 in SCHD.

How often do FDVV and SCHD pay dividends?

FDVV pays quarterly (4 payments in the last 12 months) and SCHD pays quarterly (4 payments).

Is FDVV or SCHD the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with FDVV and SCHD.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.