FMIHX vs. SCHX
Compare and contrast key facts about FMI Large Cap Fund (FMIHX) and Schwab U.S. Large-Cap ETF (SCHX).
FMIHX is managed by FMI Funds. It was launched on Dec 31, 2001. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMIHX or SCHX.
Key characteristics
| FMIHX | SCHX | |
|---|---|---|
| YTD Return | 11.65% | 18.52% |
| 1Y Return | 22.40% | 26.45% |
| 3Y Return (Ann) | 7.56% | 8.90% |
| 5Y Return (Ann) | 11.14% | 14.92% |
| 10Y Return (Ann) | 10.25% | 12.81% |
| Sharpe Ratio | 1.81 | 2.12 |
| Daily Std Dev | 12.31% | 12.96% |
| Max Drawdown | -47.79% | -34.33% |
| Current Drawdown | -1.77% | -0.60% |
Correlation
The correlation between FMIHX and SCHX is 0.91, 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
FMIHX vs. SCHX - Performance Comparison
In the year-to-date period, FMIHX achieves a 11.65% return, which is significantly lower than SCHX's 18.52% return. Over the past 10 years, FMIHX has underperformed SCHX with an annualized return of 10.25%, while SCHX has yielded a comparatively higher 12.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FMIHX vs. SCHX - Expense Ratio Comparison
FMIHX has a 0.82% expense ratio, which is higher than SCHX's 0.03% expense ratio.
Risk-Adjusted Performance
FMIHX vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FMI Large Cap Fund (FMIHX) and Schwab U.S. Large-Cap ETF (SCHX). 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
FMIHX vs. SCHX - Dividend Comparison
FMIHX's dividend yield for the trailing twelve months is around 9.44%, more than SCHX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMIHX FMI Large Cap Fund | 9.44% | 10.54% | 22.62% | 17.10% | 11.56% | 14.69% | 20.37% | 9.27% | 7.48% | 11.02% | 11.37% | 6.81% |
SCHX Schwab U.S. Large-Cap ETF | 1.23% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 2.39% | 2.04% | 1.76% | 1.65% |
Drawdowns
FMIHX vs. SCHX - Drawdown Comparison
The maximum FMIHX drawdown since its inception was -47.79%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for FMIHX and SCHX. For additional features, visit the drawdowns tool.
Volatility
FMIHX vs. SCHX - Volatility Comparison
The current volatility for FMI Large Cap Fund (FMIHX) is 3.50%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 4.36%. This indicates that FMIHX experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.