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:
1.32
SCHI:
1.57
FADMX:
1.95
SCHI:
2.32
FADMX:
1.24
SCHI:
1.28
FADMX:
0.98
SCHI:
0.08
FADMX:
5.59
SCHI:
4.88
FADMX:
0.89%
SCHI:
1.70%
FADMX:
3.75%
SCHI:
5.28%
FADMX:
-16.68%
SCHI:
-100.00%
FADMX:
-1.97%
SCHI:
-100.00%
Returns By Period
In the year-to-date period, FADMX achieves a -0.07% return, which is significantly lower than SCHI's 3.10% return.
FADMX
-0.07%
-1.38%
-0.65%
4.70%
4.36%
N/A
SCHI
3.10%
0.71%
1.03%
8.16%
3.88%
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 4.19%, less than SCHI's 5.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 4.19% | 4.21% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.92% | 6.43% | 5.95% | 4.81% | 3.09% | 3.07% | 0.68% | 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 -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
Fidelity Strategic Income Fund (FADMX) and Schwab 5-10 Year Corporate Bond ETF (SCHI) have volatilities of 1.20% and 1.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.