FTIHX vs. SCHD

Last updated Jun 6, 2026

FTIHX (Fidelity Total International Index Fund) and SCHD (Schwab U.S. Dividend Equity ETF) are both funds - FTIHX is a Foreign Large Cap Equities fund tracking the MSCI ACWI (All Country World Index) ex USA Investable Market Index, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 5 years, FTIHX returned 8.42%/yr vs 8.31%/yr for SCHD. A 0.64 correlation means they provide meaningful diversification when combined. Both charge a 0.06% expense ratio.

Performance

FTIHX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Total International Index Fund (FTIHX) 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, FTIHX achieves a 14.55% return, which is significantly lower than SCHD's 18.75% return.

FTIHX

• 1D: 0.05%
• 1M: 1.48%
• YTD: 14.55%
• 6M: 16.83%
• 1Y: 30.92%
• 3Y*: 19.58%
• 5Y*: 8.42%
• 10Y*: —

SCHD

• 1D: -0.89%
• 1M: 2.15%
• YTD: 18.75%
• 6M: 18.75%
• 1Y: 26.41%
• 3Y*: 15.14%
• 5Y*: 8.31%
• 10Y*: 12.64%

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

FTIHX vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTIHX Fidelity Total International Index Fund	14.55%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%
SCHD Schwab U.S. Dividend Equity ETF	18.75%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between FTIHX and SCHD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Jun 17, 2016	0.64

Over the past year, the correlation between FTIHX and SCHD has dropped to 0.41 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.

Return for Risk

FTIHX vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTIHX

FTIHX Risk / Return Rank: 58
FTIHX Sharpe Ratio Rank: 60
FTIHX Sortino Ratio Rank: 55
FTIHX Omega Ratio Rank: 59
FTIHX Calmar Ratio Rank: 57
FTIHX Martin Ratio Rank: 57

SCHD

SCHD Risk / Return Rank: 83
SCHD Sharpe Ratio Rank: 80
SCHD Sortino Ratio Rank: 88
SCHD Omega Ratio Rank: 78
SCHD Calmar Ratio Rank: 92
SCHD Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTIHX vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Total International Index Fund (FTIHX) 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.

	FTIHX	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	2.21	2.55	-0.34
Sortino ratio: Return per unit of downside risk	3.02	3.94	-0.92
Omega ratio: Gain probability vs. loss probability	1.41	1.46	-0.05
Calmar ratio: Return relative to maximum drawdown	2.81	6.07	-3.27
Martin ratio: Return relative to average drawdown	11.05	14.90	-3.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTIHX vs. SCHD - Sharpe Ratio Comparison

The current FTIHX Sharpe Ratio is 2.21, which is comparable to the SCHD Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of FTIHX 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.

Sharpe Ratios by Period

	FTIHX	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	2.55	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.58	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.86	-0.23

Drawdowns

FTIHX vs. SCHD - Drawdown Comparison

The maximum FTIHX drawdown since its inception was -35.75%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FTIHX and SCHD.

Drawdown Indicators

	FTIHX	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-35.75%	-33.37%	-2.38%
Max Drawdown (1Y) Largest decline over 1 year	-11.25%	-4.61%	-6.64%
Max Drawdown (3Y) Largest decline over 3 years	-13.15%	-16.13%	+2.98%
Max Drawdown (5Y) Largest decline over 5 years	-29.99%	-16.85%	-13.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-0.85%	-1.61%	+0.76%
Average Drawdown Average peak-to-trough decline	-7.21%	-3.32%	-3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.85%	1.88%	+0.97%

Volatility

FTIHX vs. SCHD - Volatility Comparison

Fidelity Total International Index Fund (FTIHX) has a higher volatility of 4.78% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.87%. This indicates that FTIHX'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

	FTIHX	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	2.87%	+1.91%
Volatility (6M) Calculated over the trailing 6-month period	12.05%	7.61%	+4.44%
Volatility (1Y) Calculated over the trailing 1-year period	14.30%	10.98%	+3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.27%	14.38%	+0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.05%	16.72%	-0.67%

FTIHX vs. SCHD - Expense Ratio Comparison

Both FTIHX and SCHD have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

FTIHX vs. SCHD - Dividend Comparison

FTIHX's dividend yield for the trailing twelve months is around 2.43%, less than SCHD's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTIHX Fidelity Total International Index Fund	2.43%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.27%	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 FTIHX and SCHD in my portfolio?

FTIHX and SCHD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTIHX or SCHD?

FTIHX has higher volatility (4.78%) compared to SCHD (2.87%). In terms of maximum drawdown, FTIHX dropped -35.75% vs SCHD's -33.37%.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.55 vs 2.21), 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.