EVUS vs. FNDX
EVUS (Ishares ESG Aware MSCI USA Value ETF) and FNDX (Schwab Fundamental U.S. Large Company Index ETF) are both Large Cap Value Equities funds - EVUS tracks the MSCI USA Value Extended ESG Focus Index - Benchmark TR Gross while FNDX tracks the RAFI Fundamental High Liquidity US Large Index. Both are passively managed. Over the past 3 years, EVUS returned 15.73%/yr vs 20.41%/yr for FNDX. With a 0.95 correlation, they move nearly in lockstep. EVUS charges 0.18%/yr vs 0.25%/yr for FNDX.
Performance
EVUS vs. FNDX - Performance Comparison
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Returns By Period
In the year-to-date period, EVUS achieves a 10.46% return, which is significantly lower than FNDX's 14.75% return.
EVUS
- 1D
- 0.66%
- 1M
- 0.13%
- YTD
- 10.46%
- 6M
- 9.37%
- 1Y
- 20.74%
- 3Y*
- 15.73%
- 5Y*
- —
- 10Y*
- —
FNDX
- 1D
- 0.42%
- 1M
- 0.58%
- YTD
- 14.75%
- 6M
- 13.70%
- 1Y
- 30.36%
- 3Y*
- 20.41%
- 5Y*
- 13.21%
- 10Y*
- 14.75%
EVUS vs. FNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EVUS Ishares ESG Aware MSCI USA Value ETF | 10.46% | 13.31% | 14.23% | 3.68% |
FNDX Schwab Fundamental U.S. Large Company Index ETF | 14.75% | 16.94% | 16.77% | 10.86% |
Correlation
The correlation between EVUS and FNDX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023 | 0.95 |
The correlation between EVUS and FNDX has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.
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Return for Risk
EVUS vs. FNDX — Risk / Return Rank
EVUS
FNDX
EVUS vs. FNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares ESG Aware MSCI USA Value ETF (EVUS) 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.
| EVUS | FNDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.54 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 5.03 | -2.33 |
| Martin ratioReturn relative to average drawdown | 11.26 | 19.39 | -8.12 |
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Drawdowns
EVUS vs. FNDX - Drawdown Comparison
The maximum EVUS drawdown since its inception was -15.65%, smaller than the maximum FNDX drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for EVUS and FNDX.
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Drawdown Indicators
| EVUS | FNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.65% | -37.72% | +22.07% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -6.06% | -1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -15.65% | -16.30% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.06% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.72% | — |
Current DrawdownCurrent decline from peak | -0.58% | -1.05% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -2.75% | -3.55% | +0.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.85% | 1.57% | +0.28% |
Volatility
EVUS vs. FNDX - Volatility Comparison
Ishares ESG Aware MSCI USA Value ETF (EVUS) and Schwab Fundamental U.S. Large Company Index ETF (FNDX) have volatilities of 3.18% and 3.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EVUS | FNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 3.25% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 8.21% | 7.62% | +0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.64% | 10.43% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.71% | 15.17% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.71% | 17.48% | -4.77% |
EVUS vs. FNDX - Expense Ratio Comparison
EVUS has a 0.18% 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
EVUS vs. FNDX - Dividend Comparison
EVUS's dividend yield for the trailing twelve months is around 1.52%, more than FNDX's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVUS Ishares ESG Aware MSCI USA Value ETF | 1.52% | 1.62% | 1.99% | 2.31% | 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 | 1.49% | 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
With a correlation of 0.94, EVUS 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.
FNDX has higher volatility (3.25%) compared to EVUS (3.18%). In terms of maximum drawdown, EVUS dropped -15.65% vs FNDX's -37.72%.
On 3-year performance, FNDX leads with 20.41% vs 15.73% for EVUS. On fees, EVUS is cheaper at 0.18% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, FNDX has performed better with a 20.41% return vs 15.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EVUS is cheaper with a 0.18% expense ratio, compared with 0.25% for FNDX.
EVUS has the higher dividend yield at 1.52%, compared with 1.49% for FNDX.
EVUS tracks MSCI USA Value Extended ESG Focus Index - Benchmark TR Gross, while FNDX tracks RAFI Fundamental High Liquidity US Large Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.18% for EVUS and 0.25% for FNDX.
FNDX currently has the higher Sharpe Ratio (2.93 vs 1.96), 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.
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