Fidelity 500 Index Fund (FXAIX) is a mutual fund from Fidelity Investments (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FXAIX returned +22.27% while SCHD returned +30.42%. Year to date, FXAIX is up 12.90% versus a gain of 23.31% for SCHD.

Over three years, FXAIX compounded at +19.72% per year against +14.66% for SCHD; over five years the annualized figures are +11.80% and +9.59% respectively. Across the full 5-year window we track, FXAIX has the edge at +11.80% annualized vs +11.34%. Past performance does not guarantee future results.

FXAIX has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -25.4% for FXAIX and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.

FXAIX charges 0.02% per year while SCHD charges 0.06%. On a $10,000 position that is $2 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, FXAIX currently yields 1.04% against 3.31% for SCHD.