FEPAX vs. SCHD
Compare and contrast key facts about Fidelity Advisor Total Bond Fund Class A (FEPAX) and Schwab US Dividend Equity ETF (SCHD).
FEPAX is managed by Fidelity. It was launched on Oct 15, 2002. 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: FEPAX or SCHD.
Correlation
The correlation between FEPAX and SCHD is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FEPAX vs. SCHD - Performance Comparison
Key characteristics
FEPAX:
1.01
SCHD:
0.19
FEPAX:
1.50
SCHD:
0.37
FEPAX:
1.18
SCHD:
1.05
FEPAX:
0.49
SCHD:
0.19
FEPAX:
2.86
SCHD:
0.63
FEPAX:
1.83%
SCHD:
4.80%
FEPAX:
5.20%
SCHD:
16.02%
FEPAX:
-18.69%
SCHD:
-33.37%
FEPAX:
-5.50%
SCHD:
-11.88%
Returns By Period
In the year-to-date period, FEPAX achieves a 1.52% return, which is significantly higher than SCHD's -5.64% return. Over the past 10 years, FEPAX has underperformed SCHD with an annualized return of 1.66%, while SCHD has yielded a comparatively higher 10.24% annualized return.
FEPAX
1.52%
-1.56%
0.96%
5.24%
-0.07%
1.66%
SCHD
-5.64%
1.07%
-8.31%
1.88%
13.00%
10.24%
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FEPAX vs. SCHD - Expense Ratio Comparison
FEPAX has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
FEPAX vs. SCHD — Risk-Adjusted Performance Rank
FEPAX
SCHD
FEPAX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total Bond Fund Class A (FEPAX) 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
FEPAX vs. SCHD - Dividend Comparison
FEPAX's dividend yield for the trailing twelve months is around 3.85%, less than SCHD's 4.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEPAX Fidelity Advisor Total Bond Fund Class A | 3.85% | 4.21% | 3.85% | 3.02% | 1.93% | 2.22% | 2.63% | 2.87% | 2.44% | 2.62% | 3.39% | 2.83% |
SCHD Schwab US Dividend Equity ETF | 4.07% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
FEPAX vs. SCHD - Drawdown Comparison
The maximum FEPAX drawdown since its inception was -18.69%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FEPAX and SCHD. For additional features, visit the drawdowns tool.
Volatility
FEPAX vs. SCHD - Volatility Comparison
The current volatility for Fidelity Advisor Total Bond Fund Class A (FEPAX) is 2.08%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 8.93%. This indicates that FEPAX 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.
User Portfolios with FEPAX or SCHD
Recent discussions
How is Sharpe ratio calculated?
The highest sharpe ratio portfolioi in User portfolios holds only ultrashort treasuries and show a sharpe ratio of 7+. But my understanding is the Sharpe ratio is the return less the risk-free rate divided by the standard deviation of returns. But short-term treasuries ARE the risk free rate, so the Sharpe ratio should be zero since the risk free rate minus the risk free rate is zero. So are you simply ignoring the risk-free rate and dividing returns by the standard deviation???
Addendum:
Just input my portfolio and asked that your site optimize it for Sharpe ratio. I have ready cash in USFR, and ETF that holds US floating rate notes exclusively. The optimization recommended I put over 99% in USFR. However, the interest rate on floating rate notes is based on the three month treasury, so again, USFR has a Sharpe ratio of zero! Please correct this!
Bob Peticolas
Portfolio by date created
Ryan M Dorsey
Dividends
Farshad