Quick Read – FDVV holds NVIDIA, Apple, and Microsoft at 16% of assets, fueling a 93% five-year return but trimming yield to just 2.8%. – SCHD charges 0.06% versus FDVV’s 0.15%, a $90 annual gap on $100,000 that compounds significantly in taxable accounts or IRAs. – FDVV…
stifies its premium only for investors who specifically want megacap tech exposure inside a dividend wrapper; otherwise SCHD or VYM cost less. – The Fidelity High Dividend ETF (NYSEARCA:FDVV) charges 0.15% a year and now manages $9.80 billion across 112 holdings. That fee sits above the category’s cheapest options, so the question for income investors is whether Fidelity’s tilt justifies the premium
This piece weighs FDVV against two of the funds it most often gets shopped against: the Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) and the Vanguard High Dividend Yield ETF (NYSEARCA:VYM). A fourth option worth naming, the iShares Core Dividend Growth ETF (NYSEARCA:DGRO), rounds out the comparison for readers who care more about payout expansion than headline yield.
The four funds sound similar in marketing copy. Under the hood, they are built to do different things. Why the Fee Question Matters More Than It Looks A 0.15% expense ratio is modest in absolute terms, but it becomes a live question when the closest peer, SCHD, charges 0.06%.