FNDB vs. MOOD

Last updated Jun 3, 2026

FNDB (Schwab Fundamental U.S. Broad Market Index ETF) and MOOD (Relative Sentiment Tactical Allocation ETF) are both exchange-traded funds - FNDB is a Large Cap Value Equities fund tracking the RAFI Fundamental High Liquidity US All Index, while MOOD is a Tactical Allocation fund actively managed by Relative Sentiment. FNDB is passively managed, while MOOD is actively managed. Over the past 3 years, FNDB returned 20.60%/yr vs 20.81%/yr for MOOD. A 0.79 correlation means they provide meaningful diversification when combined. FNDB charges 0.25%/yr vs 0.68%/yr for MOOD.

Performance

FNDB vs. MOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental U.S. Broad Market Index ETF (FNDB) and Relative Sentiment Tactical Allocation ETF (MOOD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FNDB having a 14.63% return and MOOD slightly higher at 15.06%.

FNDB

• 1D: 0.50%
• 1M: 3.23%
• YTD: 14.63%
• 6M: 15.52%
• 1Y: 33.19%
• 3Y*: 20.60%
• 5Y*: 12.51%
• 10Y*: 14.04%

MOOD

• 1D: 0.36%
• 1M: 3.72%
• YTD: 15.06%
• 6M: 17.79%
• 1Y: 36.84%
• 3Y*: 20.81%
• 5Y*: —
• 10Y*: —

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

FNDB vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FNDB Schwab Fundamental U.S. Broad Market Index ETF	14.63%	16.23%	16.25%	18.42%	1.52%
MOOD Relative Sentiment Tactical Allocation ETF	15.06%	30.39%	12.53%	12.56%	-2.90%

Correlation

The correlation between FNDB and MOOD is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (All Time) Calculated using the full available price history since May 20, 2022	0.79

The correlation between FNDB and MOOD shifts across timeframes, from 0.65 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

FNDB vs. MOOD - Sectors Allocation Comparison

Sectors	FNDB	MOOD
Technology	18.8%	27.6%
Financial Services	14.1%	15.7%
Healthcare	11.6%	8.4%
Industrials	10.0%	12.6%
Energy	10.0%	3.7%
Communication Services	9.7%	7.9%
Consumer Cyclical	9.4%	9.5%
Consumer Defensive	7.2%	5.1%
Basic Materials	3.8%	4.4%
Utilities	3.1%	2.7%
Real Estate	2.4%	2.5%

Return for Risk

FNDB vs. MOOD — Risk / Return Rank

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

FNDB

FNDB Risk / Return Rank: 89
FNDB Sharpe Ratio Rank: 90
FNDB Sortino Ratio Rank: 91
FNDB Omega Ratio Rank: 89
FNDB Calmar Ratio Rank: 89
FNDB Martin Ratio Rank: 89

MOOD

MOOD Risk / Return Rank: 75
MOOD Sharpe Ratio Rank: 80
MOOD Sortino Ratio Rank: 66
MOOD Omega Ratio Rank: 85
MOOD Calmar Ratio Rank: 77
MOOD Martin Ratio Rank: 66

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.

FNDB vs. MOOD - 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 Relative Sentiment Tactical Allocation ETF (MOOD). 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.

	FNDB	MOOD	Difference
Sharpe ratio Return per unit of total volatility	3.11	2.63	+0.48
Sortino ratio Return per unit of downside risk	4.34	3.07	+1.27
Omega ratio Gain probability vs. loss probability	1.57	1.52	+0.05
Calmar ratio Return relative to maximum drawdown	5.32	3.97	+1.35
Martin ratio Return relative to average drawdown	20.48	12.33	+8.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNDB vs. MOOD - Sharpe Ratio Comparison

The current FNDB Sharpe Ratio is 3.11, which is comparable to the MOOD Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of FNDB and MOOD, 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

	FNDB	MOOD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.11	2.63	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	1.37	-0.58

Drawdowns

FNDB vs. MOOD - Drawdown Comparison

The maximum FNDB drawdown since its inception was -38.17%, which is greater than MOOD's maximum drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for FNDB and MOOD.

Drawdown Indicators

	FNDB	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-38.17%	-14.34%	-23.83%
Max Drawdown (1Y) Largest decline over 1 year	-6.29%	-9.71%	+3.42%
Max Drawdown (3Y) Largest decline over 3 years	-16.83%	-9.71%	-7.12%
Max Drawdown (5Y) Largest decline over 5 years	-19.29%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.17%	—	—
Current Drawdown Current decline from peak	0.00%	-0.03%	+0.03%
Average Drawdown Average peak-to-trough decline	-3.66%	-2.32%	-1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	3.12%	-1.49%

Volatility

FNDB vs. MOOD - Volatility Comparison

The current volatility for Schwab Fundamental U.S. Broad Market Index ETF (FNDB) is 2.51%, while Relative Sentiment Tactical Allocation ETF (MOOD) has a volatility of 3.21%. This indicates that FNDB experiences smaller price fluctuations and is considered to be less risky than MOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDB	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.51%	3.21%	-0.70%
Volatility (6M) Calculated over the trailing 6-month period	7.62%	12.30%	-4.68%
Volatility (1Y) Calculated over the trailing 1-year period	10.72%	14.13%	-3.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.36%	12.07%	+3.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.48%	12.07%	+5.41%

FNDB vs. MOOD - Expense Ratio Comparison

FNDB has a 0.25% expense ratio, which is lower than MOOD's 0.68% expense ratio.

Dividends

FNDB vs. MOOD - Dividend Comparison

FNDB's dividend yield for the trailing twelve months is around 1.44%, more than MOOD's 0.35% yield.

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%
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FNDB and MOOD in my portfolio?

FNDB and MOOD have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FNDB or MOOD?

MOOD has higher volatility (3.21%) compared to FNDB (2.51%). In terms of maximum drawdown, FNDB dropped -38.17% vs MOOD's -14.34%.

Which ETF is better, FNDB or MOOD?

On 3-year performance, MOOD leads with 20.81% vs 20.60% for FNDB. On fees, FNDB is cheaper at 0.25% per year. On volatility, FNDB has been the lower-risk option at 2.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNDB or MOOD?

Over the 3-year period, MOOD has performed better with a 20.81% return vs 20.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNDB or MOOD?

FNDB is cheaper with a 0.25% expense ratio, compared with 0.68% for MOOD.

Which ETF pays a higher dividend yield, FNDB or MOOD?

FNDB has the higher dividend yield at 1.44%, compared with 0.35% for MOOD.

What is the main difference between FNDB and MOOD?

FNDB is categorized as Large Cap Value Equities, while MOOD is Tactical Allocation. They also come from different issuers: Charles Schwab and Relative Sentiment. Their fees differ too: 0.25% for FNDB and 0.68% for MOOD.

Which has better risk-adjusted returns?

FNDB currently has the higher Sharpe Ratio (3.11 vs 2.63), 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.