FNDA vs. BBSC

Last updated Jun 4, 2026

FNDA (Schwab Fundamental US Small Co. Index ETF) and BBSC (JPMorgan BetaBuilders U.S. Small Cap Equity ETF) are both Small Cap Blend Equities funds - FNDA tracks the Russell RAFI Small Company US while BBSC tracks the Morningstar US Small Cap Target Market Exposure Extended Index. Both are passively managed. Over the past 5 years, FNDA returned 7.06%/yr vs 6.64%/yr for BBSC. With a 0.96 correlation, they move nearly in lockstep. FNDA charges 0.25%/yr vs 0.09%/yr for BBSC.

Performance

FNDA vs. BBSC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental US Small Co. Index ETF (FNDA) and JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNDA achieves a 14.87% return, which is significantly lower than BBSC's 15.75% return.

FNDA

• 1D: -1.01%
• 1M: 2.29%
• YTD: 14.87%
• 6M: 14.27%
• 1Y: 30.96%
• 3Y*: 15.77%
• 5Y*: 7.06%
• 10Y*: 10.87%

BBSC

• 1D: -1.11%
• 1M: 2.71%
• YTD: 15.75%
• 6M: 14.20%
• 1Y: 35.98%
• 3Y*: 17.34%
• 5Y*: 6.64%
• 10Y*: —

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

FNDA vs. BBSC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FNDA Schwab Fundamental US Small Co. Index ETF	14.87%	7.44%	9.00%	20.29%	-14.83%	31.12%	8.61%
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	15.75%	10.38%	12.31%	20.07%	-19.75%	15.44%	11.94%

Correlation

The correlation between FNDA and BBSC is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Nov 18, 2020	0.96

The correlation between FNDA and BBSC has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

FNDA vs. BBSC - Sectors Allocation Comparison

Sectors	FNDA	BBSC
Industrials	18.9%	14.9%
Technology	14.9%	18.5%
Financial Services	14.6%	16.9%
Consumer Cyclical	12.2%	9.0%
Real Estate	9.9%	7.7%
Healthcare	6.8%	15.7%
Energy	6.2%	6.4%
Basic Materials	5.2%	4.1%
Consumer Defensive	4.2%	3.2%
Communication Services	4.1%	2.4%
Utilities	2.8%	1.2%

Return for Risk

FNDA vs. BBSC — Risk / Return Rank

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

FNDA

FNDA Risk / Return Rank: 56
FNDA Sharpe Ratio Rank: 52
FNDA Sortino Ratio Rank: 54
FNDA Omega Ratio Rank: 49
FNDA Calmar Ratio Rank: 66
FNDA Martin Ratio Rank: 60

BBSC

BBSC Risk / Return Rank: 61
BBSC Sharpe Ratio Rank: 55
BBSC Sortino Ratio Rank: 56
BBSC Omega Ratio Rank: 50
BBSC Calmar Ratio Rank: 75
BBSC Martin Ratio Rank: 67

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.

FNDA vs. BBSC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental US Small Co. Index ETF (FNDA) and JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC). 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.

	FNDA	BBSC	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.90	-0.08
Sortino ratio: Return per unit of downside risk	2.63	2.70	-0.07
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	3.32	3.79	-0.47
Martin ratio: Return relative to average drawdown	10.73	12.35	-1.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNDA vs. BBSC - Sharpe Ratio Comparison

The current FNDA Sharpe Ratio is 1.82, which is comparable to the BBSC Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FNDA and BBSC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FNDA	BBSC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	1.90	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	0.29	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.49	0.00

Drawdowns

FNDA vs. BBSC - Drawdown Comparison

The maximum FNDA drawdown since its inception was -44.64%, which is greater than BBSC's maximum drawdown of -30.96%. Use the drawdown chart below to compare losses from any high point for FNDA and BBSC.

Drawdown Indicators

	FNDA	BBSC	Difference
Max Drawdown Largest peak-to-trough decline	-44.64%	-30.96%	-13.68%
Max Drawdown (1Y) Largest decline over 1 year	-9.36%	-9.54%	+0.18%
Max Drawdown (3Y) Largest decline over 3 years	-25.92%	-29.32%	+3.40%
Max Drawdown (5Y) Largest decline over 5 years	-25.92%	-30.96%	+5.04%
Max Drawdown (10Y) Largest decline over 10 years	-44.64%	—	—
Current Drawdown Current decline from peak	-1.01%	-1.48%	+0.47%
Average Drawdown Average peak-to-trough decline	-6.69%	-11.49%	+4.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.89%	2.92%	-0.03%

Volatility

FNDA vs. BBSC - Volatility Comparison

The current volatility for Schwab Fundamental US Small Co. Index ETF (FNDA) is 4.38%, while JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) has a volatility of 4.91%. This indicates that FNDA experiences smaller price fluctuations and is considered to be less risky than BBSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDA	BBSC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	4.91%	-0.53%
Volatility (6M) Calculated over the trailing 6-month period	11.79%	12.98%	-1.19%
Volatility (1Y) Calculated over the trailing 1-year period	17.13%	19.12%	-1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.89%	22.93%	-2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.37%	22.86%	-0.49%

FNDA vs. BBSC - Expense Ratio Comparison

FNDA has a 0.25% expense ratio, which is higher than BBSC's 0.09% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FNDA vs. BBSC - Dividend Comparison

FNDA's dividend yield for the trailing twelve months is around 1.09%, more than BBSC's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF	1.03%	1.13%	1.29%	1.58%	1.37%	1.06%	0.18%	0.00%	0.00%	0.00%	0.00%	0.00%
FNDA Schwab Fundamental US Small Co. Index ETF	1.09%	1.22%	1.53%	1.37%	1.38%	1.15%	1.31%	1.38%	1.64%	1.30%	1.18%	1.33%

Frequently Asked Questions

Can I hold both FNDA and BBSC in my portfolio?

With a correlation of 0.95, FNDA and BBSC 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, FNDA or BBSC?

BBSC has higher volatility (4.91%) compared to FNDA (4.38%). In terms of maximum drawdown, FNDA dropped -44.64% vs BBSC's -30.96%.

Which ETF is better, FNDA or BBSC?

On 5-year performance, FNDA leads with 7.06% vs 6.64% for BBSC. On fees, BBSC is cheaper at 0.09% per year. On volatility, FNDA has been the lower-risk option at 4.38%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNDA or BBSC?

Over the 5-year period, FNDA has performed better with a 7.06% return vs 6.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNDA or BBSC?

BBSC is cheaper with a 0.09% expense ratio, compared with 0.25% for FNDA.

Which ETF pays a higher dividend yield, FNDA or BBSC?

FNDA has the higher dividend yield at 1.09%, compared with 1.03% for BBSC.

What is the main difference between FNDA and BBSC?

FNDA tracks Russell RAFI Small Company US, while BBSC tracks Morningstar US Small Cap Target Market Exposure Extended Index. They also come from different issuers: Charles Schwab and JPMorgan. Their fees differ too: 0.25% for FNDA and 0.09% for BBSC.

Which has better risk-adjusted returns?

BBSC currently has the higher Sharpe Ratio (1.90 vs 1.82), 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.