FLCOX vs. SCHD
Compare and contrast key facts about Fidelity Large Cap Value Index Fund (FLCOX) and Schwab US Dividend Equity ETF (SCHD).
FLCOX is a passively managed fund by Fidelity that tracks the performance of the Russell 1000 Value Index. It was launched on Jun 7, 2016. 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. Both FLCOX and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLCOX or SCHD.
Performance
FLCOX vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, FLCOX achieves a 18.59% return, which is significantly higher than SCHD's 15.93% return.
FLCOX
18.59%
-0.31%
8.90%
27.46%
10.24%
N/A
SCHD
15.93%
-0.59%
9.36%
25.99%
12.42%
11.46%
Key characteristics
| FLCOX | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.55 | 2.25 |
| Sortino Ratio | 3.59 | 3.25 |
| Omega Ratio | 1.46 | 1.39 |
| Calmar Ratio | 4.57 | 3.05 |
| Martin Ratio | 15.98 | 12.25 |
| Ulcer Index | 1.73% | 2.04% |
| Daily Std Dev | 10.87% | 11.09% |
| Max Drawdown | -38.28% | -33.37% |
| Current Drawdown | -1.75% | -1.82% |
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FLCOX vs. SCHD - Expense Ratio Comparison
FLCOX has a 0.04% expense ratio, which is lower than SCHD's 0.06% 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%.
Correlation
The correlation between FLCOX and SCHD is 0.93, 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
FLCOX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Value Index Fund (FLCOX) 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
FLCOX vs. SCHD - Dividend Comparison
FLCOX's dividend yield for the trailing twelve months is around 1.52%, less than SCHD's 3.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLCOX Fidelity Large Cap Value Index Fund | 1.52% | 1.99% | 2.01% | 1.55% | 2.28% | 2.13% | 2.33% | 1.73% | 0.52% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.41% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FLCOX vs. SCHD - Drawdown Comparison
The maximum FLCOX drawdown since its inception was -38.28%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FLCOX and SCHD. For additional features, visit the drawdowns tool.
Volatility
FLCOX vs. SCHD - Volatility Comparison
Fidelity Large Cap Value Index Fund (FLCOX) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.72% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.