FMSDX vs. SCHD
Compare and contrast key facts about Fidelity Multi-Asset Income Fund (FMSDX) and Schwab US Dividend Equity ETF (SCHD).
FMSDX is managed by Fidelity. It was launched on Sep 9, 2015. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMSDX or SCHD.
Correlation
The correlation between FMSDX and SCHD is 0.73, 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
FMSDX vs. SCHD - Performance Comparison
Key characteristics
FMSDX:
1.42
SCHD:
1.20
FMSDX:
1.95
SCHD:
1.76
FMSDX:
1.26
SCHD:
1.21
FMSDX:
2.15
SCHD:
1.69
FMSDX:
9.32
SCHD:
5.86
FMSDX:
1.16%
SCHD:
2.30%
FMSDX:
7.56%
SCHD:
11.25%
FMSDX:
-21.64%
SCHD:
-33.37%
FMSDX:
-4.03%
SCHD:
-6.72%
Returns By Period
The year-to-date returns for both investments are quite close, with FMSDX having a 11.02% return and SCHD slightly higher at 11.54%.
FMSDX
11.02%
-2.65%
4.21%
11.19%
7.98%
N/A
SCHD
11.54%
-4.06%
7.86%
12.63%
10.97%
10.86%
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FMSDX vs. SCHD - Expense Ratio Comparison
FMSDX has a 0.78% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
FMSDX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Multi-Asset Income Fund (FMSDX) 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
FMSDX vs. SCHD - Dividend Comparison
FMSDX's dividend yield for the trailing twelve months is around 3.69%, more than SCHD's 3.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMSDX Fidelity Multi-Asset Income Fund | 3.69% | 4.24% | 3.88% | 2.98% | 3.26% | 2.76% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FMSDX vs. SCHD - Drawdown Comparison
The maximum FMSDX drawdown since its inception was -21.64%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FMSDX and SCHD. For additional features, visit the drawdowns tool.
Volatility
FMSDX vs. SCHD - Volatility Comparison
Fidelity Multi-Asset Income Fund (FMSDX) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.55% and 3.70%, 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.