FNDB vs. SCHP
FNDB (Schwab Fundamental U.S. Broad Market Index ETF) and SCHP (Schwab U.S. TIPS ETF) are both exchange-traded funds - FNDB is a Large Cap Value Equities fund tracking the RAFI Fundamental High Liquidity US All Index, while SCHP is a Inflation-Protected Bonds fund tracking the Bloomberg US Treasury Inflation-Linked Bond Index (Series-L). Both are passively managed. Over the past 10 years, FNDB returned 14.26%/yr vs 2.52%/yr for SCHP. At a correlation of -0.02, they often move in opposite directions. FNDB charges 0.25%/yr vs 0.03%/yr for SCHP.
Performance
FNDB vs. SCHP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FNDB achieves a 14.40% return, which is significantly higher than SCHP's 0.81% return. Over the past 10 years, FNDB has outperformed SCHP with an annualized return of 14.26%, while SCHP has yielded a comparatively lower 2.52% annualized return.
FNDB
- 1D
- -0.46%
- 1M
- 0.73%
- YTD
- 14.40%
- 6M
- 13.78%
- 1Y
- 30.50%
- 3Y*
- 20.08%
- 5Y*
- 12.79%
- 10Y*
- 14.26%
SCHP
- 1D
- 0.00%
- 1M
- -0.18%
- YTD
- 0.81%
- 6M
- 0.88%
- 1Y
- 3.49%
- 3Y*
- 3.67%
- 5Y*
- 0.99%
- 10Y*
- 2.52%
FNDB vs. SCHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNDB Schwab Fundamental U.S. Broad Market Index ETF | 14.40% | 16.23% | 16.25% | 18.42% | -7.53% | 31.55% | 9.40% | 28.88% | -8.20% | 16.94% |
SCHP Schwab U.S. TIPS ETF | 0.81% | 6.76% | 1.95% | 3.91% | -12.02% | 5.87% | 10.86% | 8.52% | -1.78% | 3.02% |
Correlation
The correlation between FNDB and SCHP is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2013 | -0.02 |
The correlation between FNDB and SCHP shifts across timeframes, from -0.02 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FNDB vs. SCHP — Risk / Return Rank
FNDB
SCHP
FNDB vs. SCHP - 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 Schwab U.S. TIPS ETF (SCHP). 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 | SCHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.75 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.18 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 4.87 | 1.82 | +3.05 |
| Martin ratioReturn relative to average drawdown | 18.52 | 5.39 | +13.13 |
Loading charts...
Drawdowns
FNDB vs. SCHP - Drawdown Comparison
The maximum FNDB drawdown since its inception was -38.17%, which is greater than SCHP's maximum drawdown of -14.26%. Use the drawdown chart below to compare losses from any high point for FNDB and SCHP.
Loading charts...
Drawdown Indicators
| FNDB | SCHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.17% | -14.26% | -23.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.29% | -1.93% | -4.36% |
Max Drawdown (3Y)Largest decline over 3 years | -16.83% | -4.48% | -12.35% |
Max Drawdown (5Y)Largest decline over 5 years | -19.29% | -14.26% | -5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -38.17% | -14.26% | -23.91% |
Current DrawdownCurrent decline from peak | -1.46% | -1.04% | -0.42% |
Average DrawdownAverage peak-to-trough decline | -3.65% | -3.92% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 0.65% | +1.00% |
Volatility
FNDB vs. SCHP - Volatility Comparison
Schwab Fundamental U.S. Broad Market Index ETF (FNDB) has a higher volatility of 3.38% compared to Schwab U.S. TIPS ETF (SCHP) at 1.20%. This indicates that FNDB's price experiences larger fluctuations and is considered to be riskier than SCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FNDB | SCHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.38% | 1.20% | +2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 7.98% | 2.39% | +5.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.96% | 3.35% | +7.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.35% | 6.11% | +9.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 5.59% | +11.87% |
FNDB vs. SCHP - Expense Ratio Comparison
FNDB has a 0.25% expense ratio, which is higher than SCHP's 0.03% 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
FNDB vs. SCHP - Dividend Comparison
FNDB's dividend yield for the trailing twelve months is around 1.44%, less than SCHP's 4.02% 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% |
SCHP Schwab U.S. TIPS ETF | 4.02% | 4.06% | 2.99% | 3.02% | 7.19% | 4.39% | 1.11% | 2.02% | 2.26% | 1.90% | 1.38% | 0.28% |
Frequently Asked Questions
FNDB and SCHP have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNDB has higher volatility (3.38%) compared to SCHP (1.20%). In terms of maximum drawdown, FNDB dropped -38.17% vs SCHP's -14.26%.
On 10-year performance, FNDB leads with 14.26% vs 2.52% for SCHP. On fees, SCHP is cheaper at 0.03% per year. On volatility, SCHP has been the lower-risk option at 1.20%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, FNDB has performed better with a 14.26% return vs 2.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHP is cheaper with a 0.03% expense ratio, compared with 0.25% for FNDB.
SCHP has the higher dividend yield at 4.02%, compared with 1.44% for FNDB.
FNDB is categorized as Large Cap Value Equities, while SCHP is Inflation-Protected Bonds. FNDB tracks RAFI Fundamental High Liquidity US All Index, while SCHP tracks Bloomberg US Treasury Inflation-Linked Bond Index (Series-L). Their fees differ too: 0.25% for FNDB and 0.03% for SCHP.
FNDB currently has the higher Sharpe Ratio (2.80 vs 1.05), 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.
Find the right allocation for FNDB and SCHP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer