FDFPX vs. SCHD
Compare and contrast key facts about Fidelity Flex Freedom Blend 2065 Fund (FDFPX) and Schwab US Dividend Equity ETF (SCHD).
FDFPX is managed by Fidelity. It was launched on Jun 28, 2019. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDFPX or SCHD.
Key characteristics
| FDFPX | SCHD | |
|---|---|---|
| YTD Return | 18.19% | 18.08% |
| 1Y Return | 29.72% | 30.78% |
| 3Y Return (Ann) | 4.67% | 7.17% |
| 5Y Return (Ann) | 11.07% | 13.03% |
| Sharpe Ratio | 2.74 | 2.85 |
| Sortino Ratio | 3.79 | 4.10 |
| Omega Ratio | 1.51 | 1.51 |
| Calmar Ratio | 2.62 | 3.16 |
| Martin Ratio | 17.75 | 15.75 |
| Ulcer Index | 1.75% | 2.04% |
| Daily Std Dev | 11.33% | 11.24% |
| Max Drawdown | -31.22% | -33.37% |
| Current Drawdown | -0.07% | 0.00% |
Correlation
The correlation between FDFPX and SCHD is 0.79, 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
FDFPX vs. SCHD - Performance Comparison
The year-to-date returns for both stocks are quite close, with FDFPX having a 18.19% return and SCHD slightly lower at 18.08%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDFPX vs. SCHD - Expense Ratio Comparison
FDFPX has a 0.00% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FDFPX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2065 Fund (FDFPX) and Schwab US Dividend Equity ETF (SCHD). 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
FDFPX vs. SCHD - Dividend Comparison
FDFPX's dividend yield for the trailing twelve months is around 1.63%, less than SCHD's 3.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDFPX Fidelity Flex Freedom Blend 2065 Fund | 1.63% | 1.90% | 2.55% | 2.52% | 1.55% | 2.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.35% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FDFPX vs. SCHD - Drawdown Comparison
The maximum FDFPX drawdown since its inception was -31.22%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FDFPX and SCHD. For additional features, visit the drawdowns tool.
Volatility
FDFPX vs. SCHD - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2065 Fund (FDFPX) is 3.04%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.41%. This indicates that FDFPX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.