FNDB vs. KWIN
FNDB (Schwab Fundamental U.S. Broad Market Index ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - FNDB tracks the RAFI Fundamental High Liquidity US All Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. At a 0.06 correlation, their price movements are largely independent. FNDB charges 0.25%/yr vs 0.51%/yr for KWIN.
Performance
FNDB vs. KWIN - Performance Comparison
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Returns By Period
In the year-to-date period, FNDB achieves a 16.67% return, which is significantly higher than KWIN's 1.59% return.
FNDB
- 1D
- 0.19%
- 1M
- 0.92%
- 6M
- 12.81%
- YTD
- 16.67%
- 1Y
- 28.33%
- 3Y*
- 19.34%
- 5Y*
- 13.30%
- 10Y*
- 13.81%
KWIN
- 1D
- 0.06%
- 1M
- 0.13%
- 6M
- 1.08%
- YTD
- 1.59%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FNDB vs. KWIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FNDB Schwab Fundamental U.S. Broad Market Index ETF | 16.67% | 3.81% |
KWIN KraneShares Wahed Alternative Income Index ETF | 1.59% | 0.61% |
Correlation
The correlation between FNDB and KWIN is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.06 |
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Return for Risk
FNDB vs. KWIN — Risk / Return Rank
FNDB
KWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FNDB vs. KWIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental U.S. Broad Market Index ETF (FNDB) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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.
| FNDB | KWIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.49 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.52 | — | — |
| Martin ratioReturn relative to average drawdown | 17.24 | — | — |
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Drawdowns
FNDB vs. KWIN - Drawdown Comparison
The maximum FNDB drawdown since its inception was -38.17%, which is greater than KWIN's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for FNDB and KWIN.
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Drawdown Indicators
| FNDB | KWIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.17% | -1.50% | -36.67% |
Max Drawdown (1Y)Largest decline over 1 year | -6.29% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -16.83% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.17% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.44% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -0.25% | -3.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | — | — |
Volatility
FNDB vs. KWIN - Volatility Comparison
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Volatility by Period
| FNDB | KWIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.64% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.82% | 4.16% | +6.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.30% | 4.16% | +11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.42% | 4.16% | +13.26% |
FNDB vs. KWIN - Expense Ratio Comparison
FNDB has a 0.25% expense ratio, which is lower than KWIN's 0.51% expense ratio.
Dividends
FNDB vs. KWIN - Dividend Comparison
FNDB's dividend yield for the trailing twelve months is around 1.44%, while KWIN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDB Schwab Fundamental U.S. Broad Market Index ETF | 1.44% | 1.62% | 1.74% | 1.80% | 1.98% | 1.63% | 2.15% | 2.23% | 2.41% | 1.91% | 2.06% | 2.26% |
KWIN KraneShares Wahed Alternative Income Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FNDB and KWIN have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FNDB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FNDB is cheaper with a 0.25% expense ratio, compared with 0.51% for KWIN.
FNDB has the higher dividend yield at 1.44%, compared with 0.00% for KWIN.
FNDB tracks RAFI Fundamental High Liquidity US All Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Charles Schwab and KraneShares. Their fees differ too: 0.25% for FNDB and 0.51% for KWIN.
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