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:
2.14
SCHI:
1.42
FADMX:
3.25
SCHI:
2.13
FADMX:
1.40
SCHI:
1.25
FADMX:
1.51
SCHI:
0.08
FADMX:
9.34
SCHI:
4.55
FADMX:
0.83%
SCHI:
1.68%
FADMX:
3.60%
SCHI:
5.38%
FADMX:
-16.68%
SCHI:
-100.00%
FADMX:
-0.57%
SCHI:
-100.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with FADMX having a 1.20% return and SCHI slightly lower at 1.16%.
FADMX
1.20%
0.68%
1.93%
7.81%
2.17%
N/A
SCHI
1.16%
1.16%
-0.34%
7.68%
1.87%
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 4.16%, less than SCHI's 6.85% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 4.16% | 4.21% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 6.85% | 6.85% | 6.23% | 4.71% | 2.94% | 3.24% | 0.75% | 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
The current volatility for Fidelity Strategic Income Fund (FADMX) is 0.99%, while Schwab 5-10 Year Corporate Bond ETF (SCHI) has a volatility of 1.45%. 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.