We study the overlap and the fixed point Dirac operators for massive fermio
ns in the two-flavor lattice Schwinger model. The masses of the triplet (pi
on) and singlet (eta) bound states are determined down to small fermion mas
ses and the mass dependence is compared with various continuum model approx
imations. Near the chiral limit, at very small fermion masses the fixed poi
nt operator has stability problems, which in this study are dominated by fi
nite size effects, however. (C) 2001 Published by Elsevier Science B.V.