FDVV vs SCHD: Holdings Overlap
FDVVFidelity High Dividend ETF
Fidelity · 96 holdings · $10.4B · as of 2026-04-30
SCHDSchwab U.S. Dividend Equity ETF
Schwab · 99 holdings · $105.7B · as of 2026-05-31
Holdings snapshots are 31 days apart (FDVV: 2026-04-30, SCHD: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are FDVV and SCHD?
Fidelity High Dividend ETF (FDVV, by Fidelity) holds 96 positions; Schwab U.S. Dividend Equity ETF (SCHD, by Schwab) holds 99. They have 23 holdings in common, and by portfolio weight the two funds are 16.4% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 16.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 23FDVV holds 96 · SCHD holds 99
- Weight in Shared Holdings
- FDVV 20%·SCHD 57%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FDVV
73 of 96 positions (79.6% of the fund) are not held by SCHD. Showing the top 30 by weight.
Sector Breakdown
| Sector | FDVV | SCHD |
|---|---|---|
| Information Technology | 26.7% | 15.8% |
| Financials | 19.0% | 9.0% |
| Consumer Staples | 11.3% | 18.4% |
| Health Care | 3.0% | 18.3% |
| Energy | 0.0% | 14.6% |
| Other Sectors | 38.6% | 23.6% |
| Unclassified | 1.1% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (1% of FDVV, 0% of SCHD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FDVV | +3.8% | +15.1% | +22.8% | +19.9% | +14.6% | — | 2.69% |
| SCHD | +4.2% | +25.6% | +31.4% | +14.9% | +9.7% | +12.8% | 3.09% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FDVV vs SCHD →
Shared Holdings(23)
The top 10 shared positions account for 83% of the overlap, led by KO, PG and MO.
 KOCoca-Cola Co (The) COM | 1.85% | 3.96% | 1.85% |
|---|---|---|---|
 PGProcter & Gamble Co/The | 1.80% | 3.55% | 1.80% |
 MOAltria Group, Inc. COM | 1.70% | 2.94% | 1.70% |
 HDHome Depot, Inc. (The) | 1.66% | 3.36% | 1.66% |
 PEPPepsico Inc COM | 1.63% | 3.44% | 1.63% |
 BXBlackstone Inc., Class A | 1.32% | 2.20% | 1.32% |
 TXNTexas Instruments Inc. COM | 1.32% | 5.90% | 1.32% |
 FFord Motor Company COM | 1.25% | 1.72% | 1.25% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 0.72% | 2.90% | 0.72% |
 UNHUnitedHealth Group Inc. COM | 0.46% | 5.09% | 0.46% |
 BBYBest Buy Co Inc. COM | 1.21% | 0.38% | 0.38% |
 MRKMERCK and CO INC NEW | 0.34% | 3.86% | 0.34% |
 BMYBristol-Myers Squibb Company COM | 0.29% | 2.93% | 0.29% |
 SWKSSkyworks Solutions, Inc. COM | 0.96% | 0.29% | 0.29% |
 UPSUnited Parcel Service, Inc., Class B | 0.22% | 1.98% | 0.22% |
 LMTLockheed Martin Corporation COM | 0.22% | 2.70% | 0.22% |
 ORIOld Republic International Corporation COM | 1.25% | 0.21% | 0.21% |
 ADPAutomatic Data Processing, Inc. COM | 0.21% | 2.25% | 0.21% |
 PAYXPaychex Inc COM | 0.19% | 0.79% | 0.19% |
 VZVerizon Communications Inc. COM | 0.14% | 3.65% | 0.14% |
 MTNVail Resorts, Inc. COM | 1.27% | 0.12% | 0.12% |
 CMCSAComcast Corporation CL A | 0.08% | 2.25% | 0.08% |
 NXSTNexstar Media Group Inc COMMON STOCK | 0.03% | 0.13% | 0.03% |
Frequently Asked Questions
How much do FDVV and SCHD overlap?
FDVV and SCHD overlap by 16.4% of portfolio weight. They share 23 holdings (FDVV holds 96 positions and SCHD holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FDVV and SCHD?
The two portfolios are 16.4% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of FDVV and SCHD?
The largest positions held by both funds are KO, PG, MO, HD and PEP. Together the top 10 shared positions account for 83% of the total overlap.
What does FDVV own that SCHD doesn't?
73 positions (79.6% of FDVV) are unique to FDVV, led by NVDA, AAPL and MSFT. In the other direction, 76 positions (43.2% of SCHD) are unique to SCHD.