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 0.74, 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:
2.28
SCHI:
1.20
FADMX:
3.43
SCHI:
1.75
FADMX:
1.44
SCHI:
1.21
FADMX:
2.28
SCHI:
0.07
FADMX:
10.47
SCHI:
3.93
FADMX:
0.82%
SCHI:
1.69%
FADMX:
3.76%
SCHI:
5.54%
FADMX:
-16.24%
SCHI:
-100.00%
FADMX:
-1.25%
SCHI:
-100.00%
Returns By Period
In the year-to-date period, FADMX achieves a 0.52% return, which is significantly higher than SCHI's 0.00% return.
FADMX
0.52%
0.71%
3.53%
8.90%
2.82%
N/A
SCHI
0.00%
0.03%
2.48%
6.74%
2.51%
N/A
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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 Rank
FADMX
SCHI
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 5.23%, less than SCHI's 5.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 5.23% | 5.26% | 5.33% | 4.57% | 2.75% | 3.33% | 3.46% | 2.61% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.53% | 5.53% | 5.63% | 4.45% | 2.53% | 3.30% | 0.75% | 0.00% |
Drawdowns
FADMX vs. SCHI - Drawdown Comparison
The maximum FADMX drawdown since its inception was -16.24%, smaller than the maximum SCHI drawdown of -100.00%. 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 1.35%, while Schwab 5-10 Year Corporate Bond ETF (SCHI) has a volatility of 1.84%. 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.