I'm thinking that there must be a word that means, rather than "feeling pleasure in the misfortune of another", "the pleasure of feeling superior to another".
This certainly seems (at least) as common a phenomenon as schadenfreude, but has it been condensed into a single word?
Addendum: I see that I ought to have been much more specific in my question. Feelings of smugness or self satisfaction do not require another person to whom one feels superior. Elitism, is far too general and is usually applied to groups or classes, not individuals. Naturally when you feel superior you feel "Superiority", but I was looking for a word that means taking pleasure in superiority, not the feeling of superiority itself. I intended a specific instance, such as when one person has just bettered another in a game.
I believe schadenfreude is usually also applied in specific instances / for specific events - as when one sees someone get what is viewed to be their "comeuppance", for example. It's not something one goes around feeling more or less continually, which in many cases might validly be applied to superiority, elitism, or arrogance.