FNDA vs. RB
FNDA (Schwab Fundamental US Small Co. Index ETF) and RB (ProShares Russell 2000 Dynamic Daily Buffer ETF) are both exchange-traded funds - FNDA is a Small Cap Blend Equities fund tracking the Russell RAFI Small Company US, while RB is a Defined Outcome fund tracking the Russell 2000. Both are passively managed. A 0.74 correlation means they provide meaningful diversification when combined. FNDA charges 0.25%/yr vs 0.58%/yr for RB.
Performance
FNDA vs. RB - Performance Comparison
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Returns By Period
In the year-to-date period, FNDA achieves a 14.87% return, which is significantly higher than RB's 6.76% 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%
RB
- 1D
- -0.17%
- 1M
- 1.63%
- YTD
- 6.76%
- 6M
- 8.48%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FNDA vs. RB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FNDA Schwab Fundamental US Small Co. Index ETF | 14.87% | 11.05% |
RB ProShares Russell 2000 Dynamic Daily Buffer ETF | 6.76% | 10.58% |
Correlation
The correlation between FNDA and RB is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.74 |
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Return for Risk
FNDA vs. RB — Risk / Return Rank
FNDA
RB
FNDA vs. RB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental US Small Co. Index ETF (FNDA) and ProShares Russell 2000 Dynamic Daily Buffer ETF (RB). 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 | RB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | — | — |
| Martin ratioReturn relative to average drawdown | 10.73 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FNDA | RB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.82 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | — | — |
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 | 3.15 | -2.66 |
Drawdowns
FNDA vs. RB - Drawdown Comparison
The maximum FNDA drawdown since its inception was -44.64%, which is greater than RB's maximum drawdown of -1.70%. Use the drawdown chart below to compare losses from any high point for FNDA and RB.
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Drawdown Indicators
| FNDA | RB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.64% | -1.70% | -42.94% |
Max Drawdown (1Y)Largest decline over 1 year | -9.36% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.92% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.92% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.64% | — | — |
Current DrawdownCurrent decline from peak | -1.01% | -0.47% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -6.69% | -0.41% | -6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | — | — |
Volatility
FNDA vs. RB - Volatility Comparison
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Volatility by Period
| FNDA | RB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 11.79% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.13% | 6.21% | +10.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.89% | 6.21% | +14.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.37% | 6.21% | +16.16% |
FNDA vs. RB - Expense Ratio Comparison
FNDA has a 0.25% expense ratio, which is lower than RB's 0.58% expense ratio.
Dividends
FNDA vs. RB - Dividend Comparison
FNDA's dividend yield for the trailing twelve months is around 1.09%, less than RB's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RB ProShares Russell 2000 Dynamic Daily Buffer ETF | 2.00% | 1.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FNDA and RB have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FNDA is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FNDA is cheaper with a 0.25% expense ratio, compared with 0.58% for RB.
RB has the higher dividend yield at 2.00%, compared with 1.09% for FNDA.
FNDA is categorized as Small Cap Blend Equities, while RB is Defined Outcome. FNDA tracks Russell RAFI Small Company US, while RB tracks Russell 2000. They also come from different issuers: Charles Schwab and ProShares. Their fees differ too: 0.25% for FNDA and 0.58% for RB.
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