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.
Performance
FIPDX vs. SCHP - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FIPDX having a 2.67% return and SCHP slightly lower at 2.55%. Over the past 10 years, FIPDX has underperformed SCHP with an annualized return of 1.40%, while SCHP has yielded a comparatively higher 2.15% annualized return.
FIPDX
2.67%
-0.87%
2.92%
5.57%
1.46%
1.40%
SCHP
2.55%
-0.84%
2.91%
5.64%
2.00%
2.15%
Key characteristics
| FIPDX | SCHP | |
|---|---|---|
| Sharpe Ratio | 1.17 | 1.17 |
| Sortino Ratio | 1.74 | 1.74 |
| Omega Ratio | 1.21 | 1.21 |
| Calmar Ratio | 0.46 | 0.48 |
| Martin Ratio | 4.80 | 4.96 |
| Ulcer Index | 1.16% | 1.16% |
| Daily Std Dev | 4.75% | 4.91% |
| Max Drawdown | -14.29% | -14.26% |
| Current Drawdown | -6.84% | -6.77% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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%.
Correlation
The correlation between FIPDX and SCHP is 0.95, 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.
Risk-Adjusted Performance
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 5.49%, more than SCHP's 2.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 5.49% | 3.59% | 8.87% | 4.76% | 0.24% | 0.41% | 0.39% | 0.09% | 0.08% | 0.11% | 1.10% | 0.66% |
SCHP Schwab U.S. TIPS ETF | 2.84% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.63% | 1.90% | 1.38% | 0.28% | 1.30% | 0.67% |
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 1.14% compared to Schwab U.S. TIPS ETF (SCHP) at 1.05%. 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.