FVAL vs. SCHD
Compare and contrast key facts about Fidelity Value Factor ETF (FVAL) and Schwab US Dividend Equity ETF (SCHD).
FVAL and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FVAL is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Value Factor Index. It was launched on Sep 12, 2016. 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. Both FVAL and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVAL or SCHD.
Performance
FVAL vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, FVAL achieves a 19.54% return, which is significantly higher than SCHD's 16.58% return.
FVAL
19.54%
0.92%
10.40%
27.81%
13.29%
N/A
SCHD
16.58%
-0.07%
10.53%
26.04%
12.78%
11.44%
Key characteristics
| FVAL | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.47 | 2.41 |
| Sortino Ratio | 3.29 | 3.46 |
| Omega Ratio | 1.46 | 1.42 |
| Calmar Ratio | 3.64 | 3.46 |
| Martin Ratio | 15.57 | 13.08 |
| Ulcer Index | 1.82% | 2.04% |
| Daily Std Dev | 11.47% | 11.08% |
| Max Drawdown | -37.26% | -33.37% |
| Current Drawdown | -1.60% | -1.27% |
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FVAL vs. SCHD - Expense Ratio Comparison
FVAL has a 0.29% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between FVAL and SCHD is 0.86, 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.
Risk-Adjusted Performance
FVAL vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Factor ETF (FVAL) 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
FVAL vs. SCHD - Dividend Comparison
FVAL's dividend yield for the trailing twelve months is around 1.58%, less than SCHD's 3.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVAL Fidelity Value Factor ETF | 1.58% | 1.69% | 1.79% | 1.41% | 1.61% | 1.77% | 2.06% | 1.62% | 0.45% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.39% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FVAL vs. SCHD - Drawdown Comparison
The maximum FVAL drawdown since its inception was -37.26%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FVAL and SCHD. For additional features, visit the drawdowns tool.
Volatility
FVAL vs. SCHD - Volatility Comparison
Fidelity Value Factor ETF (FVAL) has a higher volatility of 4.23% compared to Schwab US Dividend Equity ETF (SCHD) at 3.60%. This indicates that FVAL'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.