FNDB vs. SPY
Compare and contrast key facts about Schwab Fundamental U.S. Broad Market Index ETF (FNDB) and SPDR S&P 500 ETF (SPY).
FNDB and SPY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FNDB is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI US. It was launched on Aug 8, 2013. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993. Both FNDB and SPY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNDB or SPY.
Performance
FNDB vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, FNDB achieves a 21.66% return, which is significantly lower than SPY's 26.08% return. Over the past 10 years, FNDB has outperformed SPY with an annualized return of 14.41%, while SPY has yielded a comparatively lower 13.10% annualized return.
FNDB
21.66%
2.63%
13.95%
31.39%
17.98%
14.41%
SPY
26.08%
1.77%
13.59%
32.24%
15.62%
13.10%
Key characteristics
| FNDB | SPY | |
|---|---|---|
| Sharpe Ratio | 2.83 | 2.70 |
| Sortino Ratio | 3.88 | 3.60 |
| Omega Ratio | 1.52 | 1.50 |
| Calmar Ratio | 4.96 | 3.90 |
| Martin Ratio | 18.17 | 17.52 |
| Ulcer Index | 1.77% | 1.87% |
| Daily Std Dev | 11.35% | 12.14% |
| Max Drawdown | -38.17% | -55.19% |
| Current Drawdown | -0.62% | -0.85% |
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FNDB vs. SPY - Expense Ratio Comparison
FNDB has a 0.25% expense ratio, which is higher than SPY's 0.09% 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%.
Correlation
The correlation between FNDB and SPY is 0.91, 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.
Risk-Adjusted Performance
FNDB vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental U.S. Broad Market Index ETF (FNDB) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FNDB vs. SPY - Dividend Comparison
FNDB's dividend yield for the trailing twelve months is around 4.03%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDB Schwab Fundamental U.S. Broad Market Index ETF | 4.03% | 3.51% | 4.12% | 3.23% | 5.46% | 3.21% | 3.64% | 3.63% | 4.25% | 3.43% | 3.21% | 0.74% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FNDB vs. SPY - Drawdown Comparison
The maximum FNDB drawdown since its inception was -38.17%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FNDB and SPY. For additional features, visit the drawdowns tool.
Volatility
FNDB vs. SPY - Volatility Comparison
Schwab Fundamental U.S. Broad Market Index ETF (FNDB) and SPDR S&P 500 ETF (SPY) have volatilities of 4.13% and 3.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.