FNDB vs. VYM

Last updated Aug 2, 2026

FNDB (Schwab Fundamental U.S. Broad Market Index ETF) and VYM (Vanguard High Dividend Yield ETF) are both exchange-traded funds - FNDB is a Large Cap Value Equities fund tracking the RAFI Fundamental High Liquidity US All Index, while VYM is a Dividend fund tracking the FTSE High Dividend Yield Index. Both are passively managed. Over the past 10 years, FNDB returned 14.03%/yr vs 11.71%/yr for VYM. Their correlation of 0.94 means they have usually moved in the same direction. FNDB charges 0.25%/yr vs 0.04%/yr for VYM.

Performance

FNDB vs. VYM - 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 High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNDB achieves a 17.51% return, which is significantly higher than VYM's 14.21% return. Over the past 10 years, FNDB has outperformed VYM with an annualized return of 14.03%, while VYM has yielded a comparatively lower 11.71% annualized return.

FNDB

• 1D: 0.10%
• 1M: 1.21%
• 6M: 12.62%
• YTD: 17.51%
• 1Y: 32.18%
• 3Y*: 18.54%
• 5Y*: 13.39%
• 10Y*: 14.03%
• ALL TIME*: 12.99%

VYM

• 1D: 0.00%
• 1M: 1.56%
• 6M: 9.31%
• YTD: 14.21%
• 1Y: 24.90%
• 3Y*: 16.96%
• 5Y*: 12.20%
• 10Y*: 11.71%
• ALL TIME*: 9.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FNDB Schwab Fundamental U.S. Broad Market Index ETF	$5.69M	$5.14M	$4.73M
VYM Vanguard High Dividend Yield ETF	$195.34M	$198.02M	$200.78M

FNDB vs. VYM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNDB Schwab Fundamental U.S. Broad Market Index ETF	17.51%	16.23%	16.25%	18.42%	-7.53%	31.55%	9.40%	28.88%	-8.20%	16.94%
VYM Vanguard High Dividend Yield ETF	14.21%	15.42%	17.60%	6.57%	-0.43%	26.20%	1.15%	24.06%	-5.92%	16.42%

Correlation

The correlation between FNDB and VYM is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since Aug 15, 2013	0.94

The correlation between FNDB and VYM has been stable across timeframes, ranging from 0.89 to 0.94 - a consistent structural relationship.

FNDB vs. VYM - Sectors Allocation Comparison

Sectors	FNDB	VYM
Technology	19.6%	17.8%
Financial Services	14.8%	21.0%
Healthcare	12.7%	13.2%
Industrials	10.3%	12.6%
Consumer Cyclical	9.6%	6.8%
Communication Services	8.4%	3.0%
Energy	8.3%	8.6%
Consumer Defensive	7.2%	8.1%
Basic Materials	3.4%	3.3%
Utilities	3.2%	5.7%
Real Estate	2.5%	0.0%

Return for Risk

FNDB vs. VYM — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FNDB

FNDB Risk / Return Rank: 95
FNDB Sharpe Ratio Rank: 96
FNDB Sortino Ratio Rank: 95
FNDB Omega Ratio Rank: 95
FNDB Calmar Ratio Rank: 94
FNDB Martin Ratio Rank: 95

VYM

VYM Risk / Return Rank: 90
VYM Sharpe Ratio Rank: 92
VYM Sortino Ratio Rank: 92
VYM Omega Ratio Rank: 91
VYM Calmar Ratio Rank: 88
VYM Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FNDB vs. VYM - 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 High Dividend Yield ETF (VYM). 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	VYM	Difference
Sharpe ratio: Return per unit of total volatility	2.83	2.34	+0.50
Sortino ratio: Return per unit of downside risk	3.92	3.35	+0.57
Omega ratio: Gain probability vs. loss probability	1.52	1.43	+0.10
Calmar ratio: Return relative to maximum drawdown	4.84	3.56	+1.28
Martin ratio: Return relative to average drawdown	19.07	13.40	+5.67

FNDB vs. VYM - Sharpe Ratio Comparison

The current FNDB Sharpe Ratio is 2.83, which is comparable to the VYM Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of FNDB and VYM, 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. VYM - Drawdown Comparison

The maximum FNDB drawdown since its inception was -38.17%, smaller than the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for FNDB and VYM.

Drawdown Indicators

	FNDB	VYM	Difference
Max Drawdown Largest peak-to-trough decline	-38.17%	-56.98%	+18.81%
Max Drawdown (1Y) Largest decline over 1 year	-6.29%	-6.69%	+0.40%
Max Drawdown (3Y) Largest decline over 3 years	-16.83%	-14.46%	-2.37%
Max Drawdown (5Y) Largest decline over 5 years	-19.29%	-15.84%	-3.45%
Max Drawdown (10Y) Largest decline over 10 years	-38.17%	-35.21%	-2.96%
Current Drawdown Current decline from peak	-0.43%	-1.15%	+0.72%
Average Drawdown Average peak-to-trough decline	-3.62%	-7.14%	+3.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	1.78%	-0.18%

Volatility

FNDB vs. VYM - Volatility Comparison

The current volatility for Schwab Fundamental U.S. Broad Market Index ETF (FNDB) is 2.32%, while Vanguard High Dividend Yield ETF (VYM) has a volatility of 2.46%. This indicates that FNDB experiences smaller price fluctuations and is considered to be less risky than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDB	VYM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.32%	2.46%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	7.65%	7.42%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	10.77%	10.29%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	13.87%	+1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.42%	16.29%	+1.13%

FNDB vs. VYM - Expense Ratio Comparison

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

FNDB's dividend yield for the trailing twelve months is around 1.43%, less than VYM's 2.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FNDB Schwab Fundamental U.S. Broad Market Index ETF	1.43%	1.62%	1.74%	1.80%	1.98%	1.63%	2.15%	2.23%	2.41%	1.91%	2.06%	2.26%
VYM Vanguard High Dividend Yield ETF	2.24%	2.44%	2.74%	3.12%	3.01%	2.76%	3.18%	3.03%	3.40%	2.80%	2.91%	3.22%

Frequently Asked Questions

Can I hold both FNDB and VYM in my portfolio?

FNDB and VYM have a correlation of 0.89, 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 VYM?

VYM has higher volatility (2.46%) compared to FNDB (2.32%). In terms of maximum drawdown, FNDB dropped -38.17% vs VYM's -56.98%.

Which ETF is better, FNDB or VYM?

On 10-year performance, FNDB leads with 14.03% vs 11.71% for VYM. On fees, VYM is cheaper at 0.04% per year. On volatility, FNDB has been the lower-risk option at 2.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNDB or VYM?

Over the 10-year period, FNDB has performed better with a 14.03% return vs 11.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNDB or VYM?

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

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

VYM has the higher dividend yield at 2.24%, compared with 1.43% for FNDB.

What is the main difference between FNDB and VYM?

FNDB is categorized as Large Cap Value Equities, while VYM is Dividend. FNDB tracks RAFI Fundamental High Liquidity US All Index, while VYM tracks FTSE High Dividend Yield Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.25% for FNDB and 0.04% for VYM.

Which has better risk-adjusted returns?

FNDB currently has the higher Sharpe Ratio (2.83 vs 2.34), 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.