FNDA vs. HSMV
Compare and contrast key facts about Schwab Fundamental US Small Co. Index ETF (FNDA) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).
FNDA and HSMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. HSMV is an actively managed fund by First Trust. It was launched on Apr 6, 2020.
Performance
FNDA vs. HSMV - Performance Comparison
Loading graphics...
FNDA vs. HSMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FNDA Schwab Fundamental US Small Co. Index ETF | 3.11% | 7.44% | 9.00% | 20.29% | -14.83% | 31.12% | 67.91% |
HSMV First Trust Horizon Managed Volatility Small/Mid ETF | 1.79% | 1.57% | 13.17% | 5.01% | -9.44% | 23.72% | 34.70% |
Returns By Period
In the year-to-date period, FNDA achieves a 3.11% return, which is significantly higher than HSMV's 1.79% return.
FNDA
- 1D
- 2.59%
- 1M
- -5.58%
- YTD
- 3.11%
- 6M
- 4.77%
- 1Y
- 19.91%
- 3Y*
- 11.61%
- 5Y*
- 6.25%
- 10Y*
- 10.01%
HSMV
- 1D
- 0.83%
- 1M
- -5.20%
- YTD
- 1.79%
- 6M
- 0.63%
- 1Y
- 2.50%
- 3Y*
- 7.20%
- 5Y*
- 4.19%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FNDA vs. HSMV - Expense Ratio Comparison
FNDA has a 0.25% expense ratio, which is lower than HSMV's 0.80% expense ratio.
Return for Risk
FNDA vs. HSMV — Risk / Return Rank
FNDA
HSMV
FNDA vs. HSMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental US Small Co. Index ETF (FNDA) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV). 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 | HSMV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.18 | +0.72 |
Sortino ratioReturn per unit of downside risk | 1.41 | 0.36 | +1.04 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.05 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 0.30 | +1.09 |
Martin ratioReturn relative to average drawdown | 5.33 | 1.11 | +4.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FNDA | HSMV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.18 | +0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.28 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.67 | -0.22 |
Correlation
The correlation between FNDA and HSMV is 0.90, 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.
Dividends
FNDA vs. HSMV - Dividend Comparison
FNDA's dividend yield for the trailing twelve months is around 1.21%, less than HSMV's 2.03% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDA Schwab Fundamental US Small Co. Index ETF | 1.21% | 1.22% | 1.53% | 1.37% | 1.38% | 1.15% | 1.31% | 1.38% | 1.64% | 1.30% | 1.18% | 1.33% |
HSMV First Trust Horizon Managed Volatility Small/Mid ETF | 2.03% | 2.01% | 1.43% | 1.43% | 1.26% | 0.76% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FNDA vs. HSMV - Drawdown Comparison
The maximum FNDA drawdown since its inception was -44.64%, which is greater than HSMV's maximum drawdown of -19.16%. Use the drawdown chart below to compare losses from any high point for FNDA and HSMV.
Loading graphics...
Drawdown Indicators
| FNDA | HSMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.64% | -19.16% | -25.48% |
Max Drawdown (1Y)Largest decline over 1 year | -14.42% | -10.57% | -3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -25.92% | -19.16% | -6.76% |
Max Drawdown (10Y)Largest decline over 10 years | -44.64% | — | — |
Current DrawdownCurrent decline from peak | -6.96% | -5.59% | -1.37% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -5.71% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.77% | 2.89% | +0.88% |
Volatility
FNDA vs. HSMV - Volatility Comparison
Schwab Fundamental US Small Co. Index ETF (FNDA) has a higher volatility of 6.37% compared to First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) at 3.53%. This indicates that FNDA's price experiences larger fluctuations and is considered to be riskier than HSMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FNDA | HSMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 3.53% | +2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 12.74% | 7.15% | +5.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.04% | 13.63% | +8.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.01% | 15.02% | +5.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.36% | 16.19% | +6.17% |