FNDB vs. VTV

Last updated Jun 24, 2026

FNDB (Schwab Fundamental U.S. Broad Market Index ETF) and VTV (Vanguard Value ETF) are both Large Cap Value Equities funds - FNDB tracks the RAFI Fundamental High Liquidity US All Index while VTV tracks the CRSP US Large Cap Value Index. Both are passively managed. Over the past 10 years, FNDB returned 14.26%/yr vs 12.95%/yr for VTV. With a 0.95 correlation, they move nearly in lockstep. FNDB charges 0.25%/yr vs 0.04%/yr for VTV.

Performance

FNDB vs. VTV - 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 Vanguard Value ETF (VTV). 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 14.40% return and VTV slightly higher at 14.47%. Over the past 10 years, FNDB has outperformed VTV with an annualized return of 14.26%, while VTV has yielded a comparatively lower 12.95% 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%

VTV

• 1D: -0.56%
• 1M: 3.10%
• YTD: 14.47%
• 6M: 13.93%
• 1Y: 27.19%
• 3Y*: 18.66%
• 5Y*: 12.22%
• 10Y*: 12.95%

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

FNDB vs. VTV - 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%
VTV Vanguard Value ETF	14.47%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%

Correlation

The correlation between FNDB and VTV is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Aug 15, 2013	0.95

The correlation between FNDB and VTV has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

FNDB vs. VTV - Sectors Allocation Comparison

Sectors	FNDB	VTV
Technology	20.8%	16.4%
Financial Services	12.7%	21.5%
Healthcare	11.9%	14.1%
Industrials	10.0%	13.9%
Energy	9.3%	7.4%
Consumer Cyclical	9.2%	4.0%
Communication Services	8.9%	3.1%
Consumer Defensive	6.9%	8.9%
Basic Materials	3.7%	3.0%
Utilities	3.0%	4.8%
Real Estate	2.2%	2.7%

Return for Risk

FNDB vs. VTV — Risk / Return Rank

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

FNDB

FNDB Risk / Return Rank: 88
FNDB Sharpe Ratio Rank: 88
FNDB Sortino Ratio Rank: 89
FNDB Omega Ratio Rank: 87
FNDB Calmar Ratio Rank: 87
FNDB Martin Ratio Rank: 88

VTV

VTV Risk / Return Rank: 84
VTV Sharpe Ratio Rank: 85
VTV Sortino Ratio Rank: 87
VTV Omega Ratio Rank: 82
VTV Calmar Ratio Rank: 83
VTV Martin Ratio Rank: 83

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. VTV - 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 Vanguard Value ETF (VTV). 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	VTV	Difference
Sharpe ratio: Return per unit of total volatility	2.80	2.63	+0.17
Sortino ratio: Return per unit of downside risk	3.89	3.75	+0.14
Omega ratio: Gain probability vs. loss probability	1.51	1.47	+0.04
Calmar ratio: Return relative to maximum drawdown	4.87	4.30	+0.57
Martin ratio: Return relative to average drawdown	18.52	16.20	+2.31

FNDB vs. VTV - Sharpe Ratio Comparison

The current FNDB Sharpe Ratio is 2.80, which is comparable to the VTV Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of FNDB and VTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FNDB vs. VTV - Drawdown Comparison

The maximum FNDB drawdown since its inception was -38.17%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for FNDB and VTV.

Drawdown Indicators

	FNDB	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-38.17%	-59.27%	+21.10%
Max Drawdown (1Y) Largest decline over 1 year	-6.29%	-6.35%	+0.06%
Max Drawdown (3Y) Largest decline over 3 years	-16.83%	-14.52%	-2.31%
Max Drawdown (5Y) Largest decline over 5 years	-19.29%	-17.04%	-2.25%
Max Drawdown (10Y) Largest decline over 10 years	-38.17%	-36.78%	-1.39%
Current Drawdown Current decline from peak	-1.46%	-0.56%	-0.90%
Average Drawdown Average peak-to-trough decline	-3.65%	-7.85%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	1.68%	-0.03%

Volatility

FNDB vs. VTV - Volatility Comparison

Schwab Fundamental U.S. Broad Market Index ETF (FNDB) and Vanguard Value ETF (VTV) have volatilities of 3.38% and 3.41%, 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.

Volatility by Period

	FNDB	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	3.41%	-0.03%
Volatility (6M) Calculated over the trailing 6-month period	7.98%	7.85%	+0.13%
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	10.39%	+0.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.35%	13.88%	+1.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.46%	16.65%	+0.81%

FNDB vs. VTV - Expense Ratio Comparison

FNDB has a 0.25% expense ratio, which is higher than VTV's 0.04% 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. VTV - Dividend Comparison

FNDB's dividend yield for the trailing twelve months is around 1.44%, less than VTV's 1.83% 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%
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both FNDB and VTV in my portfolio?

With a correlation of 0.92, FNDB and VTV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FNDB or VTV?

VTV has higher volatility (3.41%) compared to FNDB (3.38%). In terms of maximum drawdown, FNDB dropped -38.17% vs VTV's -59.27%.

Which ETF is better, FNDB or VTV?

On 10-year performance, FNDB leads with 14.26% vs 12.95% for VTV. On fees, VTV is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNDB or VTV?

Over the 10-year period, FNDB has performed better with a 14.26% return vs 12.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNDB or VTV?

VTV is cheaper with a 0.04% expense ratio, compared with 0.25% for FNDB.

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

VTV has the higher dividend yield at 1.83%, compared with 1.44% for FNDB.

What is the main difference between FNDB and VTV?

FNDB tracks RAFI Fundamental High Liquidity US All Index, while VTV tracks CRSP US Large Cap Value Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.25% for FNDB and 0.04% for VTV.

Which has better risk-adjusted returns?

FNDB currently has the higher Sharpe Ratio (2.80 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.