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FMAT vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FMATSCHD
YTD Return6.15%3.39%
1Y Return22.70%16.27%
3Y Return (Ann)4.00%4.18%
5Y Return (Ann)13.48%12.55%
10Y Return (Ann)8.45%11.02%
Sharpe Ratio1.491.42
Daily Std Dev14.88%11.13%
Max Drawdown-41.11%-33.37%
Current Drawdown-1.78%-3.14%

Correlation

-0.50.00.51.00.8

The correlation between FMAT and SCHD is 0.81, 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

FMAT vs. SCHD - Performance Comparison

In the year-to-date period, FMAT achieves a 6.15% return, which is significantly higher than SCHD's 3.39% return. Over the past 10 years, FMAT has underperformed SCHD with an annualized return of 8.45%, while SCHD has yielded a comparatively higher 11.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


120.00%140.00%160.00%180.00%200.00%220.00%December2024FebruaryMarchAprilMay
148.14%
211.11%
FMAT
SCHD

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Fidelity MSCI Materials Index ETF

Schwab US Dividend Equity ETF

FMAT vs. SCHD - Expense Ratio Comparison

FMAT has a 0.08% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FMAT
Fidelity MSCI Materials Index ETF
Expense ratio chart for FMAT: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

FMAT vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Materials Index ETF (FMAT) 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.


FMAT
Sharpe ratio
The chart of Sharpe ratio for FMAT, currently valued at 1.49, compared to the broader market0.002.004.006.001.49
Sortino ratio
The chart of Sortino ratio for FMAT, currently valued at 2.14, compared to the broader market0.005.0010.002.14
Omega ratio
The chart of Omega ratio for FMAT, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.501.26
Calmar ratio
The chart of Calmar ratio for FMAT, currently valued at 1.39, compared to the broader market0.005.0010.0015.001.39
Martin ratio
The chart of Martin ratio for FMAT, currently valued at 4.43, compared to the broader market0.0020.0040.0060.0080.00100.004.43
SCHD
Sharpe ratio
The chart of Sharpe ratio for SCHD, currently valued at 1.42, compared to the broader market0.002.004.006.001.42
Sortino ratio
The chart of Sortino ratio for SCHD, currently valued at 2.08, compared to the broader market0.005.0010.002.08
Omega ratio
The chart of Omega ratio for SCHD, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.24
Calmar ratio
The chart of Calmar ratio for SCHD, currently valued at 1.20, compared to the broader market0.005.0010.0015.001.20
Martin ratio
The chart of Martin ratio for SCHD, currently valued at 4.65, compared to the broader market0.0020.0040.0060.0080.00100.004.65

FMAT vs. SCHD - Sharpe Ratio Comparison

The current FMAT Sharpe Ratio is 1.49, which roughly equals the SCHD Sharpe Ratio of 1.42. The chart below compares the 12-month rolling Sharpe Ratio of FMAT and SCHD.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50December2024FebruaryMarchAprilMay
1.49
1.42
FMAT
SCHD

Dividends

FMAT vs. SCHD - Dividend Comparison

FMAT's dividend yield for the trailing twelve months is around 1.63%, less than SCHD's 3.42% yield.


TTM20232022202120202019201820172016201520142013
FMAT
Fidelity MSCI Materials Index ETF
1.63%1.71%2.00%1.44%1.73%1.89%2.18%1.53%1.78%2.16%1.65%0.39%
SCHD
Schwab US Dividend Equity ETF
3.42%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

FMAT vs. SCHD - Drawdown Comparison

The maximum FMAT drawdown since its inception was -41.11%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FMAT and SCHD. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-1.78%
-3.14%
FMAT
SCHD

Volatility

FMAT vs. SCHD - Volatility Comparison

Fidelity MSCI Materials Index ETF (FMAT) has a higher volatility of 3.58% compared to Schwab US Dividend Equity ETF (SCHD) at 2.73%. This indicates that FMAT's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%December2024FebruaryMarchAprilMay
3.58%
2.73%
FMAT
SCHD