FIBUX vs. SCHG

Last updated Jun 24, 2026

FIBUX (Fidelity Flex U.S. Bond Index Fund) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both funds - FIBUX is a Total Bond Market fund managed by Fidelity, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Over the past 5 years, FIBUX returned -0.09%/yr vs 13.27%/yr for SCHG. At a 0.03 correlation, their price movements are largely independent. FIBUX charges 0.00%/yr vs 0.04%/yr for SCHG.

Performance

FIBUX vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex U.S. Bond Index Fund (FIBUX) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIBUX achieves a 0.13% return, which is significantly lower than SCHG's 1.35% return.

FIBUX

• 1D: -0.33%
• 1M: 0.57%
• YTD: 0.13%
• 6M: 0.47%
• 1Y: 4.25%
• 3Y*: 3.89%
• 5Y*: -0.09%
• 10Y*: —

SCHG

• 1D: -1.37%
• 1M: -3.93%
• YTD: 1.35%
• 6M: 0.09%
• 1Y: 17.91%
• 3Y*: 22.13%
• 5Y*: 13.27%
• 10Y*: 18.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIBUX vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIBUX Fidelity Flex U.S. Bond Index Fund	0.13%	7.20%	1.31%	5.46%	-13.41%	-2.16%	7.08%	8.58%	0.12%	3.81%
SCHG Schwab U.S. Large-Cap Growth ETF	1.35%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	18.48%

Correlation

The correlation between FIBUX and SCHG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.12
Correlation (All Time) Calculated using the full available price history since Mar 9, 2017	0.03

Over the past year, FIBUX and SCHG have become more correlated (0.25) than their long-term average of 0.03, meaning their price movements have been converging.

Return for Risk

FIBUX vs. SCHG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIBUX

FIBUX Risk / Return Rank: 18
FIBUX Sharpe Ratio Rank: 18
FIBUX Sortino Ratio Rank: 19
FIBUX Omega Ratio Rank: 17
FIBUX Calmar Ratio Rank: 20
FIBUX Martin Ratio Rank: 17

SCHG

SCHG Risk / Return Rank: 28
SCHG Sharpe Ratio Rank: 31
SCHG Sortino Ratio Rank: 30
SCHG Omega Ratio Rank: 30
SCHG Calmar Ratio Rank: 23
SCHG Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIBUX vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex U.S. Bond Index Fund (FIBUX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FIBUX	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	1.14	1.11	+0.03
Sortino ratio: Return per unit of downside risk	1.70	1.56	+0.14
Omega ratio: Gain probability vs. loss probability	1.20	1.20	0.00
Calmar ratio: Return relative to maximum drawdown	1.52	1.10	+0.42
Martin ratio: Return relative to average drawdown	4.23	3.58	+0.65

FIBUX vs. SCHG - Sharpe Ratio Comparison

The current FIBUX Sharpe Ratio is 1.14, which is comparable to the SCHG Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FIBUX and SCHG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIBUX vs. SCHG - Drawdown Comparison

The maximum FIBUX drawdown since its inception was -19.76%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for FIBUX and SCHG.

Drawdown Indicators

	FIBUX	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-19.76%	-34.59%	+14.83%
Max Drawdown (1Y) Largest decline over 1 year	-2.97%	-16.41%	+13.44%
Max Drawdown (3Y) Largest decline over 3 years	-6.09%	-23.39%	+17.30%
Max Drawdown (5Y) Largest decline over 5 years	-18.40%	-34.59%	+16.19%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.59%	—
Current Drawdown Current decline from peak	-3.75%	-6.46%	+2.71%
Average Drawdown Average peak-to-trough decline	-5.78%	-5.20%	-0.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	5.02%	-3.96%

Volatility

FIBUX vs. SCHG - Volatility Comparison

The current volatility for Fidelity Flex U.S. Bond Index Fund (FIBUX) is 1.11%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.91%. This indicates that FIBUX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIBUX	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.11%	5.91%	-4.80%
Volatility (6M) Calculated over the trailing 6-month period	2.90%	12.52%	-9.62%
Volatility (1Y) Calculated over the trailing 1-year period	3.97%	16.24%	-12.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.04%	22.38%	-16.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.11%	21.58%	-16.47%

FIBUX vs. SCHG - Expense Ratio Comparison

FIBUX has a 0.00% expense ratio, which is lower than SCHG's 0.04% 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%.

Dividends

FIBUX vs. SCHG - Dividend Comparison

FIBUX's dividend yield for the trailing twelve months is around 4.09%, more than SCHG's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIBUX Fidelity Flex U.S. Bond Index Fund	4.09%	3.95%	3.65%	2.93%	1.62%	1.18%	2.32%	2.96%	2.70%	2.45%	0.00%	0.00%
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

Can I hold both FIBUX and SCHG in my portfolio?

FIBUX and SCHG have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIBUX or SCHG?

SCHG has higher volatility (5.91%) compared to FIBUX (1.11%). In terms of maximum drawdown, FIBUX dropped -19.76% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

FIBUX currently has the higher Sharpe Ratio (1.14 vs 1.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.