BSMIX vs. FNDA
Compare and contrast key facts about iShares Russell Small/Mid-Cap Index Fund (BSMIX) and Schwab Fundamental US Small Co. Index ETF (FNDA).
BSMIX is managed by Blackrock. It was launched on Aug 13, 2015. FNDA is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI Small Company US. It was launched on Aug 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSMIX or FNDA.
Key characteristics
| BSMIX | FNDA | |
|---|---|---|
| YTD Return | 16.20% | 13.77% |
| 1Y Return | 29.88% | 27.23% |
| 3Y Return (Ann) | 2.03% | 4.62% |
| 5Y Return (Ann) | 10.33% | 11.77% |
| Sharpe Ratio | 1.72 | 1.49 |
| Sortino Ratio | 2.44 | 2.17 |
| Omega Ratio | 1.30 | 1.26 |
| Calmar Ratio | 1.52 | 2.42 |
| Martin Ratio | 9.43 | 8.28 |
| Ulcer Index | 3.22% | 3.35% |
| Daily Std Dev | 17.63% | 18.62% |
| Max Drawdown | -41.32% | -44.64% |
| Current Drawdown | -3.02% | -2.85% |
Correlation
The correlation between BSMIX and FNDA is 0.97, 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.
Performance
BSMIX vs. FNDA - Performance Comparison
In the year-to-date period, BSMIX achieves a 16.20% return, which is significantly higher than FNDA's 13.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSMIX vs. FNDA - Expense Ratio Comparison
BSMIX has a 0.12% expense ratio, which is lower than FNDA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BSMIX vs. FNDA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell Small/Mid-Cap Index Fund (BSMIX) and Schwab Fundamental US Small Co. Index ETF (FNDA). 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
BSMIX vs. FNDA - Dividend Comparison
BSMIX's dividend yield for the trailing twelve months is around 1.21%, less than FNDA's 2.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSMIX iShares Russell Small/Mid-Cap Index Fund | 1.21% | 1.37% | 1.74% | 1.10% | 1.21% | 1.53% | 1.54% | 1.32% | 1.31% | 0.61% | 0.00% | 0.00% |
FNDA Schwab Fundamental US Small Co. Index ETF | 2.03% | 1.62% | 1.94% | 1.70% | 1.63% | 1.73% | 3.31% | 1.85% | 1.49% | 1.70% | 1.32% | 0.33% |
Drawdowns
BSMIX vs. FNDA - Drawdown Comparison
The maximum BSMIX drawdown since its inception was -41.32%, smaller than the maximum FNDA drawdown of -44.64%. Use the drawdown chart below to compare losses from any high point for BSMIX and FNDA. For additional features, visit the drawdowns tool.
Volatility
BSMIX vs. FNDA - Volatility Comparison
The current volatility for iShares Russell Small/Mid-Cap Index Fund (BSMIX) is 5.89%, while Schwab Fundamental US Small Co. Index ETF (FNDA) has a volatility of 6.50%. This indicates that BSMIX experiences smaller price fluctuations and is considered to be less risky than FNDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.