Correlation
The correlation between FGQMX and SCHD is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
FGQMX vs. SCHD
Compare and contrast key facts about Fidelity Advisor High Income Fund Class A (FGQMX) and Schwab US Dividend Equity ETF (SCHD).
FGQMX is managed by Fidelity. It was launched on Dec 4, 2018. 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: FGQMX or SCHD.
Performance
FGQMX vs. SCHD - Performance Comparison
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Key characteristics
FGQMX:
2.29
SCHD:
0.35
FGQMX:
2.95
SCHD:
0.56
FGQMX:
1.49
SCHD:
1.07
FGQMX:
2.00
SCHD:
0.33
FGQMX:
8.43
SCHD:
0.99
FGQMX:
0.96%
SCHD:
5.36%
FGQMX:
3.87%
SCHD:
16.40%
FGQMX:
-22.40%
SCHD:
-33.37%
FGQMX:
-0.30%
SCHD:
-9.75%
Returns By Period
In the year-to-date period, FGQMX achieves a 1.73% return, which is significantly higher than SCHD's -3.35% return.
FGQMX
1.73%
1.16%
1.68%
8.92%
5.34%
4.15%
N/A
SCHD
-3.35%
1.36%
-9.75%
5.67%
3.71%
12.22%
10.58%
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FGQMX vs. SCHD - Expense Ratio Comparison
FGQMX has a 0.99% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
FGQMX vs. SCHD — Risk-Adjusted Performance Rank
FGQMX
SCHD
FGQMX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Fund Class A (FGQMX) 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.
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Dividends
FGQMX vs. SCHD - Dividend Comparison
FGQMX's dividend yield for the trailing twelve months is around 5.95%, more than SCHD's 3.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGQMX Fidelity Advisor High Income Fund Class A | 5.95% | 5.84% | 5.13% | 4.86% | 4.45% | 4.44% | 4.83% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.97% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
FGQMX vs. SCHD - Drawdown Comparison
The maximum FGQMX drawdown since its inception was -22.40%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FGQMX and SCHD.
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Volatility
FGQMX vs. SCHD - Volatility Comparison
The current volatility for Fidelity Advisor High Income Fund Class A (FGQMX) is 1.10%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 4.90%. This indicates that FGQMX 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.
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