BVAL vs. FNDX

Last updated Jun 24, 2026

BVAL (Bluemonte Large Cap Value ETF) and FNDX (Schwab Fundamental U.S. Large Company Index ETF) are both Large Cap Value Equities funds. Over the past year, BVAL returned 24.54% vs 30.33% for FNDX. With a 0.96 correlation, they move nearly in lockstep. BVAL charges 0.24%/yr vs 0.25%/yr for FNDX.

Performance

BVAL vs. FNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Value ETF (BVAL) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BVAL achieves a 11.82% return, which is significantly lower than FNDX's 14.31% return.

BVAL

• 1D: -0.78%
• 1M: 1.16%
• YTD: 11.82%
• 6M: 11.16%
• 1Y: 24.54%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FNDX

• 1D: -0.42%
• 1M: 0.52%
• YTD: 14.31%
• 6M: 13.73%
• 1Y: 30.33%
• 3Y*: 20.33%
• 5Y*: 13.24%
• 10Y*: 14.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BVAL vs. FNDX - Yearly Performance Comparison

	2026 (YTD)	2025
BVAL Bluemonte Large Cap Value ETF	11.82%	12.09%
FNDX Schwab Fundamental U.S. Large Company Index ETF	14.31%	14.82%

Correlation

The correlation between BVAL and FNDX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.96

The correlation between BVAL and FNDX has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

BVAL vs. FNDX - Sectors Allocation Comparison

Sectors	BVAL	FNDX
Technology	23.2%	22.1%
Financial Services	16.0%	13.3%
Industrials	11.5%	9.1%
Healthcare	10.8%	11.9%
Consumer Cyclical	8.8%	9.1%
Consumer Defensive	7.8%	7.0%
Energy	6.3%	9.3%
Communication Services	5.2%	9.9%
Utilities	4.0%	3.0%
Real Estate	3.5%	1.7%
Basic Materials	3.0%	3.6%

Return for Risk

BVAL vs. FNDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BVAL

BVAL Risk / Return Rank: 81
BVAL Sharpe Ratio Rank: 82
BVAL Sortino Ratio Rank: 83
BVAL Omega Ratio Rank: 80
BVAL Calmar Ratio Rank: 78
BVAL Martin Ratio Rank: 83

FNDX

FNDX Risk / Return Rank: 89
FNDX Sharpe Ratio Rank: 90
FNDX Sortino Ratio Rank: 91
FNDX Omega Ratio Rank: 89
FNDX Calmar Ratio Rank: 88
FNDX Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BVAL vs. FNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Value ETF (BVAL) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). 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.

	BVAL	FNDX	Difference
Sharpe ratio: Return per unit of total volatility	2.38	2.92	-0.54
Sortino ratio: Return per unit of downside risk	3.32	4.05	-0.73
Omega ratio: Gain probability vs. loss probability	1.43	1.53	-0.10
Calmar ratio: Return relative to maximum drawdown	3.68	5.02	-1.34
Martin ratio: Return relative to average drawdown	15.25	19.42	-4.17

BVAL vs. FNDX - Sharpe Ratio Comparison

The current BVAL Sharpe Ratio is 2.38, which is comparable to the FNDX Sharpe Ratio of 2.92. The chart below compares the historical Sharpe Ratios of BVAL and FNDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BVAL vs. FNDX - Drawdown Comparison

The maximum BVAL drawdown since its inception was -6.69%, smaller than the maximum FNDX drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for BVAL and FNDX.

Drawdown Indicators

	BVAL	FNDX	Difference
Max Drawdown Largest peak-to-trough decline	-6.69%	-37.72%	+31.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.69%	-6.06%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.06%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.72%	—
Current Drawdown Current decline from peak	-1.09%	-1.43%	+0.34%
Average Drawdown Average peak-to-trough decline	-0.91%	-3.55%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	1.57%	+0.04%

Volatility

BVAL vs. FNDX - Volatility Comparison

Bluemonte Large Cap Value ETF (BVAL) has a higher volatility of 3.51% compared to Schwab Fundamental U.S. Large Company Index ETF (FNDX) at 3.33%. This indicates that BVAL's price experiences larger fluctuations and is considered to be riskier than FNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BVAL	FNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.51%	3.33%	+0.18%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	7.63%	+0.42%
Volatility (1Y) Calculated over the trailing 1-year period	10.38%	10.47%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.38%	15.18%	-4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.38%	17.48%	-7.10%

BVAL vs. FNDX - Expense Ratio Comparison

BVAL has a 0.24% expense ratio, which is lower than FNDX'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%.

Dividends

BVAL vs. FNDX - Dividend Comparison

BVAL's dividend yield for the trailing twelve months is around 0.97%, less than FNDX's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BVAL Bluemonte Large Cap Value ETF	0.97%	0.73%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FNDX Schwab Fundamental U.S. Large Company Index ETF	1.45%	1.63%	1.76%	1.82%	2.07%	1.64%	2.29%	2.23%	2.40%	1.86%	2.01%	2.01%

Frequently Asked Questions

Can I hold both BVAL and FNDX in my portfolio?

With a correlation of 0.96, BVAL and FNDX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BVAL or FNDX?

BVAL has higher volatility (3.51%) compared to FNDX (3.33%). In terms of maximum drawdown, BVAL dropped -6.69% vs FNDX's -37.72%.

Which ETF is better, BVAL or FNDX?

On 1-year performance, FNDX leads with 30.33% vs 24.54% for BVAL. On fees, BVAL is cheaper at 0.24% per year. On volatility, FNDX has been the lower-risk option at 3.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BVAL or FNDX?

Over the 1-year period, FNDX has performed better with a 30.33% return vs 24.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BVAL or FNDX?

BVAL is cheaper with a 0.24% expense ratio, compared with 0.25% for FNDX.

Which ETF pays a higher dividend yield, BVAL or FNDX?

FNDX has the higher dividend yield at 1.45%, compared with 0.97% for BVAL.

What is the main difference between BVAL and FNDX?

They also come from different issuers: Bluemonte and Charles Schwab. Their fees differ too: 0.24% for BVAL and 0.25% for FNDX.

Which has better risk-adjusted returns?

FNDX currently has the higher Sharpe Ratio (2.92 vs 2.38), 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.