FUQIX vs. SCHD
Compare and contrast key facts about Fidelity SAI U.S. Quality Index Fund (FUQIX) and Schwab US Dividend Equity ETF (SCHD).
FUQIX is managed by Fidelity. It was launched on Oct 8, 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: FUQIX or SCHD.
Key characteristics
| FUQIX | SCHD | |
|---|---|---|
| YTD Return | 21.11% | 12.50% |
| 1Y Return | 31.70% | 18.58% |
| 3Y Return (Ann) | 11.35% | 7.37% |
| 5Y Return (Ann) | 17.00% | 12.72% |
| Sharpe Ratio | 2.27 | 1.57 |
| Daily Std Dev | 14.19% | 11.80% |
| Max Drawdown | -31.19% | -33.37% |
| Current Drawdown | -1.98% | -0.52% |
Correlation
The correlation between FUQIX and SCHD is 0.76, 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
FUQIX vs. SCHD - Performance Comparison
In the year-to-date period, FUQIX achieves a 21.11% return, which is significantly higher than SCHD's 12.50% 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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FUQIX vs. SCHD - Expense Ratio Comparison
FUQIX has a 0.10% 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%.
Risk-Adjusted Performance
FUQIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI U.S. Quality Index Fund (FUQIX) 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
FUQIX vs. SCHD - Dividend Comparison
FUQIX's dividend yield for the trailing twelve months is around 11.56%, more than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FUQIX Fidelity SAI U.S. Quality Index Fund | 11.56% | 2.38% | 1.42% | 8.55% | 9.46% | 13.68% | 2.41% | 3.79% | 1.57% | 0.29% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FUQIX vs. SCHD - Drawdown Comparison
The maximum FUQIX drawdown since its inception was -31.19%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FUQIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
FUQIX vs. SCHD - Volatility Comparison
Fidelity SAI U.S. Quality Index Fund (FUQIX) has a higher volatility of 4.26% compared to Schwab US Dividend Equity ETF (SCHD) at 3.13%. This indicates that FUQIX'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.