FIPDX vs. SCHP
Compare and contrast key facts about Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Schwab U.S. TIPS ETF (SCHP).
FIPDX is managed by Fidelity. It was launched on May 16, 2012. SCHP is a passively managed fund by Charles Schwab that tracks the performance of the Barclays Capital U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L). It was launched on Aug 5, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIPDX or SCHP.
Correlation
The correlation between FIPDX and SCHP is 0.96, 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
FIPDX vs. SCHP - Performance Comparison
Key characteristics
FIPDX:
1.68
SCHP:
1.69
FIPDX:
2.44
SCHP:
2.44
FIPDX:
1.30
SCHP:
1.30
FIPDX:
0.68
SCHP:
0.70
FIPDX:
4.83
SCHP:
4.98
FIPDX:
1.53%
SCHP:
1.51%
FIPDX:
4.38%
SCHP:
4.45%
FIPDX:
-14.29%
SCHP:
-14.26%
FIPDX:
-3.03%
SCHP:
-2.95%
Returns By Period
The year-to-date returns for both stocks are quite close, with FIPDX having a 4.72% return and SCHP slightly lower at 4.70%. Both investments have delivered pretty close results over the past 10 years, with FIPDX having a 2.42% annualized return and SCHP not far ahead at 2.44%.
FIPDX
4.72%
1.31%
1.82%
7.38%
1.94%
2.42%
SCHP
4.70%
1.27%
1.91%
7.52%
1.95%
2.44%
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FIPDX vs. SCHP - Expense Ratio Comparison
Both FIPDX and SCHP have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FIPDX vs. SCHP — Risk-Adjusted Performance Rank
FIPDX
SCHP
FIPDX vs. SCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Schwab U.S. TIPS ETF (SCHP). 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
FIPDX vs. SCHP - Dividend Comparison
FIPDX's dividend yield for the trailing twelve months is around 3.54%, more than SCHP's 3.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 3.54% | 3.75% | 3.59% | 8.87% | 4.76% | 1.24% | 1.96% | 2.31% | 1.25% | 1.59% | 0.38% | 1.10% |
SCHP Schwab U.S. TIPS ETF | 3.15% | 2.99% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.63% | 1.90% | 1.38% | 0.28% | 1.30% |
Drawdowns
FIPDX vs. SCHP - Drawdown Comparison
The maximum FIPDX drawdown since its inception was -14.29%, roughly equal to the maximum SCHP drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for FIPDX and SCHP. For additional features, visit the drawdowns tool.
Volatility
FIPDX vs. SCHP - Volatility Comparison
Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a higher volatility of 1.38% compared to Schwab U.S. TIPS ETF (SCHP) at 1.30%. This indicates that FIPDX's price experiences larger fluctuations and is considered to be riskier than SCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.