FSBDX vs. SCHD

Last updated Aug 4, 2026

FSBDX (Fidelity Series Blue Chip Growth Fund) and SCHD (Schwab U.S. Dividend Equity ETF) are both funds - FSBDX is a Large Cap Growth Equities fund managed by Fidelity, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Over the past 10 years, FSBDX returned 21.64%/yr vs 12.70%/yr for SCHD. Their 0.57 correlation means they have sometimes moved together and sometimes differently. FSBDX charges 0.00%/yr vs 0.06%/yr for SCHD.

Performance

FSBDX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Blue Chip Growth Fund (FSBDX) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSBDX achieves a 11.92% return, which is significantly lower than SCHD's 24.36% return. Over the past 10 years, FSBDX has outperformed SCHD with an annualized return of 21.64%, while SCHD has yielded a comparatively lower 12.70% annualized return.

FSBDX

• 1D: 0.98%
• 1M: -3.38%
• 6M: 11.49%
• YTD: 11.92%
• 1Y: 26.32%
• 3Y*: 26.49%
• 5Y*: 14.60%
• 10Y*: 21.64%
• ALL TIME*: 19.10%

SCHD

• 1D: 0.27%
• 1M: 3.61%
• 6M: 13.71%
• YTD: 24.36%
• 1Y: 31.89%
• 3Y*: 14.88%
• 5Y*: 9.66%
• 10Y*: 12.70%
• ALL TIME*: 13.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSBDX Fidelity Series Blue Chip Growth Fund	$0.00	$0.00	$0.00
SCHD Schwab U.S. Dividend Equity ETF	$806.58M	$724.91M	$690.35M

FSBDX vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSBDX Fidelity Series Blue Chip Growth Fund	11.92%	20.31%	39.76%	57.42%	-37.20%	22.53%	62.77%	33.24%	4.53%	35.27%
SCHD Schwab U.S. Dividend Equity ETF	24.36%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between FSBDX and SCHD is -0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.03
Correlation (3Y) Balances recent behavior with more history.	0.23
Correlation (5Y) Shows whether the relationship held over a longer period.	0.44
Correlation (10Y) Provides a long-term view across more market conditions.	0.52
Correlation (All Time) Calculated using the full available price history since Nov 19, 2013	0.57

The correlation between FSBDX and SCHD shifts across timeframes, from -0.03 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FSBDX vs. SCHD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSBDX

FSBDX Risk / Return Rank: 37
FSBDX Sharpe Ratio Rank: 34
FSBDX Sortino Ratio Rank: 33
FSBDX Omega Ratio Rank: 32
FSBDX Calmar Ratio Rank: 45
FSBDX Martin Ratio Rank: 42

SCHD

SCHD Risk / Return Rank: 95
SCHD Sharpe Ratio Rank: 96
SCHD Sortino Ratio Rank: 96
SCHD Omega Ratio Rank: 94
SCHD Calmar Ratio Rank: 97
SCHD Martin Ratio Rank: 93

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSBDX vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Blue Chip Growth Fund (FSBDX) and Schwab U.S. 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSBDX	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.16	2.90	-1.75
Sortino ratio: Return per unit of downside risk	1.66	4.49	-2.83
Omega ratio: Gain probability vs. loss probability	1.21	1.52	-0.32
Calmar ratio: Return relative to maximum drawdown	1.88	6.94	-5.06
Martin ratio: Return relative to average drawdown	6.56	17.53	-10.96

FSBDX vs. SCHD - Sharpe Ratio Comparison

The current FSBDX Sharpe Ratio is 1.16, which is lower than the SCHD Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of FSBDX and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSBDX vs. SCHD - Drawdown Comparison

The maximum FSBDX drawdown since its inception was -42.25%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FSBDX and SCHD.

Drawdown Indicators

	FSBDX	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-42.25%	-33.37%	-8.88%
Max Drawdown (1Y) Largest decline over 1 year	-12.41%	-4.61%	-7.80%
Max Drawdown (3Y) Largest decline over 3 years	-27.09%	-16.13%	-10.96%
Max Drawdown (5Y) Largest decline over 5 years	-42.25%	-16.85%	-25.40%
Max Drawdown (10Y) Largest decline over 10 years	-42.25%	-33.37%	-8.88%
Current Drawdown Current decline from peak	-7.15%	-0.97%	-6.18%
Average Drawdown Average peak-to-trough decline	-7.20%	-3.29%	-3.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	1.82%	+1.74%

Volatility

FSBDX vs. SCHD - Volatility Comparison

Fidelity Series Blue Chip Growth Fund (FSBDX) has a higher volatility of 6.80% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.82%. This indicates that FSBDX'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.

Volatility by Period

	FSBDX	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.80%	3.82%	+2.98%
Volatility (6M) Calculated over the trailing 6-month period	16.28%	7.99%	+8.29%
Volatility (1Y) Calculated over the trailing 1-year period	20.21%	11.06%	+9.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.17%	14.39%	+10.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.67%	16.73%	+6.94%

FSBDX vs. SCHD - Expense Ratio Comparison

FSBDX has a 0.00% 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%.

Dividends

FSBDX vs. SCHD - Dividend Comparison

FSBDX's dividend yield for the trailing twelve months is around 3.34%, more than SCHD's 3.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSBDX Fidelity Series Blue Chip Growth Fund	3.34%	3.73%	8.92%	0.54%	3.93%	24.67%	40.16%	11.36%	15.87%	10.80%	1.41%	13.10%
SCHD Schwab U.S. Dividend Equity ETF	3.12%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both FSBDX and SCHD in my portfolio?

FSBDX and SCHD have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSBDX or SCHD?

FSBDX has higher volatility (6.80%) compared to SCHD (3.82%). In terms of maximum drawdown, FSBDX dropped -42.25% vs SCHD's -33.37%.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.90 vs 1.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.