FADMX vs. SCHI
Compare and contrast key facts about Fidelity Strategic Income Fund (FADMX) and Schwab 5-10 Year Corporate Bond ETF (SCHI).
FADMX is managed by Fidelity. It was launched on Oct 31, 1994. SCHI is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Aggregate Credit - Corporate (5-10 Y). It was launched on Oct 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FADMX or SCHI.
Correlation
The correlation between FADMX and SCHI is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FADMX vs. SCHI - Performance Comparison
Key characteristics
FADMX:
1.52
SCHI:
0.97
FADMX:
2.24
SCHI:
1.43
FADMX:
1.28
SCHI:
1.17
FADMX:
0.99
SCHI:
0.06
FADMX:
8.03
SCHI:
3.83
FADMX:
0.70%
SCHI:
1.45%
FADMX:
3.67%
SCHI:
5.69%
FADMX:
-16.68%
SCHI:
-99.31%
FADMX:
-1.94%
SCHI:
-99.10%
Returns By Period
In the year-to-date period, FADMX achieves a 5.89% return, which is significantly higher than SCHI's 5.14% return.
FADMX
5.89%
-0.68%
2.84%
6.08%
2.19%
N/A
SCHI
5.14%
-0.23%
2.95%
5.45%
2.69%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FADMX vs. SCHI - Expense Ratio Comparison
FADMX has a 0.66% expense ratio, which is higher than SCHI's 0.05% expense ratio.
Risk-Adjusted Performance
FADMX vs. SCHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and Schwab 5-10 Year Corporate Bond ETF (SCHI). 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
FADMX vs. SCHI - Dividend Comparison
FADMX's dividend yield for the trailing twelve months is around 3.77%, less than SCHI's 6.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 3.77% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 6.80% | 7.31% | 5.48% | 2.52% | 3.28% | 0.83% | 0.00% |
Drawdowns
FADMX vs. SCHI - Drawdown Comparison
The maximum FADMX drawdown since its inception was -16.68%, smaller than the maximum SCHI drawdown of -99.31%. Use the drawdown chart below to compare losses from any high point for FADMX and SCHI. For additional features, visit the drawdowns tool.
Volatility
FADMX vs. SCHI - Volatility Comparison
The current volatility for Fidelity Strategic Income Fund (FADMX) is 1.14%, while Schwab 5-10 Year Corporate Bond ETF (SCHI) has a volatility of 1.77%. This indicates that FADMX experiences smaller price fluctuations and is considered to be less risky than SCHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.