SCHD vs. FIDI
SCHD (Schwab U.S. Dividend Equity ETF) and FIDI (Fidelity International High Dividend ETF) are both exchange-traded funds - SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index, while FIDI is a Foreign Large Cap Equities fund tracking the Fidelity® International High Dividend Index. Both are passively managed. Over the past 5 years, SCHD returned 8.90%/yr vs 10.69%/yr for FIDI. A 0.66 correlation means they provide meaningful diversification when combined. SCHD charges 0.06%/yr vs 0.39%/yr for FIDI.
Performance
SCHD vs. FIDI - Performance Comparison
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Returns By Period
In the year-to-date period, SCHD achieves a 19.96% return, which is significantly higher than FIDI's 9.98% return.
SCHD
- 1D
- -0.58%
- 1M
- 2.87%
- YTD
- 19.96%
- 6M
- 18.54%
- 1Y
- 25.99%
- 3Y*
- 14.28%
- 5Y*
- 8.90%
- 10Y*
- 12.83%
FIDI
- 1D
- -0.81%
- 1M
- 0.61%
- YTD
- 9.98%
- 6M
- 10.43%
- 1Y
- 25.59%
- 3Y*
- 18.28%
- 5Y*
- 10.69%
- 10Y*
- —
SCHD vs. FIDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 19.96% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -9.49% |
FIDI Fidelity International High Dividend ETF | 9.98% | 39.34% | -0.06% | 16.28% | -4.73% | 16.87% | -11.68% | 15.47% | -19.49% |
Correlation
The correlation between SCHD and FIDI is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2018 | 0.66 |
The correlation between SCHD and FIDI shifts across timeframes, from 0.54 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SCHD vs. FIDI — Risk / Return Rank
SCHD
FIDI
SCHD vs. FIDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and Fidelity International High Dividend ETF (FIDI). 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.
| SCHD | FIDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.38 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.66 | 3.70 | +1.96 |
| Martin ratioReturn relative to average drawdown | 13.87 | 13.07 | +0.80 |
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Drawdowns
SCHD vs. FIDI - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for SCHD and FIDI.
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Drawdown Indicators
| SCHD | FIDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -46.34% | +12.97% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -6.96% | +2.35% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -12.09% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -26.05% | +9.20% |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | — | — |
Current DrawdownCurrent decline from peak | -0.61% | -1.29% | +0.68% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -9.76% | +6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 1.96% | -0.08% |
Volatility
SCHD vs. FIDI - Volatility Comparison
Schwab U.S. Dividend Equity ETF (SCHD) and Fidelity International High Dividend ETF (FIDI) have volatilities of 3.14% and 3.30%, 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.
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Volatility by Period
| SCHD | FIDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 3.30% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 9.25% | -1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.94% | 11.83% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 14.88% | -0.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.72% | 18.71% | -1.99% |
SCHD vs. FIDI - Expense Ratio Comparison
SCHD has a 0.06% expense ratio, which is lower than FIDI's 0.39% expense ratio.
Dividends
SCHD vs. FIDI - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.24%, less than FIDI's 4.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDI Fidelity International High Dividend ETF | 4.09% | 4.33% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.24% | 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
SCHD and FIDI have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIDI has higher volatility (3.30%) compared to SCHD (3.14%). In terms of maximum drawdown, SCHD dropped -33.37% vs FIDI's -46.34%.
On 5-year performance, FIDI leads with 10.69% vs 8.90% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.14%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FIDI has performed better with a 10.69% return vs 8.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.39% for FIDI.
FIDI has the higher dividend yield at 4.09%, compared with 3.24% for SCHD.
SCHD is categorized as Dividend, while FIDI is Foreign Large Cap Equities. SCHD tracks Dow Jones U.S. Dividend 100 Index, while FIDI tracks Fidelity® International High Dividend Index. They also come from different issuers: Charles Schwab and Fidelity. Their fees differ too: 0.06% for SCHD and 0.39% for FIDI.
SCHD currently has the higher Sharpe Ratio (2.39 vs 2.18), 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.
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