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FNDX vs. SNXFX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FNDX vs. SNXFX

Last updated Aug 4, 2026
Documentation

FNDX (Schwab Fundamental U.S. Large Company Index ETF) and SNXFX (Schwab 1000 Index Fund) are both funds - FNDX is a Large Cap Value Equities fund tracking the RAFI Fundamental High Liquidity US Large Index, while SNXFX is a Large Cap Blend Equities fund tracking the Schwab 1000 Index. Both are passively managed. Over the past 10 years, FNDX returned 14.22%/yr vs 14.79%/yr for SNXFX. Their correlation of 0.91 means they have usually moved in the same direction. FNDX charges 0.25%/yr vs 0.05%/yr for SNXFX.

Performance

FNDX vs. SNXFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Schwab Fundamental U.S. Large Company Index ETF (FNDX) and Schwab 1000 Index Fund (SNXFX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FNDX achieves a 18.49% return, which is significantly higher than SNXFX's 10.31% return. Both investments have delivered pretty close results over the past 10 years, with FNDX having a 14.22% annualized return and SNXFX not far ahead at 14.79%.

FNDX

1D
0.79%
1M
2.30%
6M
12.65%
YTD
18.49%
1Y
33.39%
3Y*
19.99%
5Y*
14.07%
10Y*
14.22%
ALL TIME*
13.17%

SNXFX

1D
0.63%
1M
-0.06%
6M
8.15%
YTD
10.31%
1Y
21.18%
3Y*
19.16%
5Y*
12.04%
10Y*
14.79%
ALL TIME*
10.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

FNDX

Schwab Fundamental U.S. Large Company Index ETF
$78.80M$81.53M$109.49M

SNXFX

Schwab 1000 Index Fund
$0.00$0.00$0.00

FNDX vs. SNXFX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FNDX
Schwab Fundamental U.S. Large Company Index ETF		18.49%16.94%16.77%18.23%-6.92%31.73%9.12%28.65%-7.30%17.12%
SNXFX
Schwab 1000 Index Fund		10.31%17.23%24.46%26.53%-19.46%26.10%20.71%31.43%-5.04%21.71%

Correlation

The correlation between FNDX and SNXFX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.79

Correlation (3Y)
Balances recent behavior with more history.

0.84

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.88

Correlation (10Y)
Provides a long-term view across more market conditions.

0.89

Correlation (All Time)
Calculated using the full available price history since Aug 15, 2013

0.91

The correlation between FNDX and SNXFX shifts across timeframes, from 0.79 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.

FNDX vs. SNXFX - Sectors Allocation Comparison

Sectors
FNDX
SNXFX

Technology

19.1%
37.3%

Financial Services

15.4%
11.7%

Healthcare

13.2%
9.0%

Energy

9.8%
3.0%

Industrials

9.0%
9.6%

Consumer Cyclical

8.9%
9.5%

Communication Services

8.3%
9.4%

Consumer Defensive

7.3%
4.4%

Basic Materials

3.8%
1.9%

Utilities

3.3%
2.1%

Real Estate

1.8%
2.1%

Technology

FNDX
19.1%
SNXFX
37.3%

Financial Services

FNDX
15.4%
SNXFX
11.7%

Healthcare

FNDX
13.2%
SNXFX
9.0%

Energy

FNDX
9.8%
SNXFX
3.0%

Industrials

FNDX
9.0%
SNXFX
9.6%

Consumer Cyclical

FNDX
8.9%
SNXFX
9.5%

Communication Services

FNDX
8.3%
SNXFX
9.4%

Consumer Defensive

FNDX
7.3%
SNXFX
4.4%

Basic Materials

FNDX
3.8%
SNXFX
1.9%

Utilities

FNDX
3.3%
SNXFX
2.1%

Real Estate

FNDX
1.8%
SNXFX
2.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Schwab Fundamental U.S. Large Company Index ETF

Schwab 1000 Index Fund

Often compared with FNDX:
FNDX vs. SCHXFNDX vs. VOOFNDX vs. FNDBFNDX vs. SCHDFNDX vs. SPYFNDX vs. SWPPXFNDX vs. VTI
Often compared with SNXFX:
SNXFX vs. SWPPXSNXFX vs. SWTSXSNXFX vs. VOOSNXFX vs. FSKAXSNXFX vs. SWAGXSNXFX vs. FLCPXSNXFX vs. FEMKX

Return for Risk

FNDX vs. SNXFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
FNDX
FNDX Risk / Return Rank: 9696
Overall Rank
FNDX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
FNDX Sortino Ratio Rank: 9696
Sortino Ratio Rank
FNDX Omega Ratio Rank: 9696
Omega Ratio Rank
FNDX Calmar Ratio Rank: 9595
Calmar Ratio Rank
FNDX Martin Ratio Rank: 9595
Martin Ratio Rank
SNXFX
SNXFX Risk / Return Rank: 5656
Overall Rank
SNXFX Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
SNXFX Sortino Ratio Rank: 4848
Sortino Ratio Rank
SNXFX Omega Ratio Rank: 4949
Omega Ratio Rank
SNXFX Calmar Ratio Rank: 5858
Calmar Ratio Rank
SNXFX Martin Ratio Rank: 7171
Martin Ratio Rank
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.

FNDX vs. SNXFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab Fundamental U.S. Large Company Index ETF (FNDX) and Schwab 1000 Index Fund (SNXFX). 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.

FNDXSNXFXDifference
Sharpe ratioReturn per unit of total volatility
3.29
1.47

+1.81

Sortino ratioReturn per unit of downside risk
4.54
2.05

+2.49

Omega ratioGain probability vs. loss probability

1.62

1.26

+0.35

Calmar ratioReturn relative to maximum drawdown

5.53

2.16

+3.37

Martin ratioReturn relative to average drawdown

22.12

9.24

+12.88

FNDX vs. SNXFX - Sharpe Ratio Comparison

The current FNDX Sharpe Ratio is 3.29, which is higher than the SNXFX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of FNDX and SNXFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FNDX vs. SNXFX - Drawdown Comparison

The maximum FNDX drawdown since its inception was -37.72%, smaller than the maximum SNXFX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for FNDX and SNXFX.

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Drawdown Indicators

FNDXSNXFXDifference

Max Drawdown

Largest peak-to-trough decline

-37.72%

-55.08%

+17.36%

Max Drawdown (1Y)

Largest decline over 1 year

-6.06%

-8.94%

+2.88%

Max Drawdown (3Y)

Largest decline over 3 years

-16.30%

-19.21%

+2.91%

Max Drawdown (5Y)

Largest decline over 5 years

-19.06%

-25.36%

+6.30%

Max Drawdown (10Y)

Largest decline over 10 years

-37.72%

-34.58%

-3.14%

Current Drawdown

Current decline from peak

0.00%

-1.41%

+1.41%

Average Drawdown

Average peak-to-trough decline

-3.52%

-8.72%

+5.20%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.51%

2.09%

-0.58%

Volatility

FNDX vs. SNXFX - Volatility Comparison

The current volatility for Schwab Fundamental U.S. Large Company Index ETF (FNDX) is 2.44%, while Schwab 1000 Index Fund (SNXFX) has a volatility of 3.47%. This indicates that FNDX experiences smaller price fluctuations and is considered to be less risky than SNXFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FNDXSNXFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.44%

3.47%

-1.03%

Volatility (6M)

Calculated over the trailing 6-month period

7.37%

10.27%

-2.90%

Volatility (1Y)

Calculated over the trailing 1-year period

10.23%

13.12%

-2.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.08%

17.42%

-2.34%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.45%

18.74%

-1.29%

FNDX vs. SNXFX - Expense Ratio Comparison

FNDX has a 0.25% expense ratio, which is higher than SNXFX's 0.05% 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

FNDX vs. SNXFX - Dividend Comparison

FNDX's dividend yield for the trailing twelve months is around 1.44%, more than SNXFX's 1.32% yield.

PositionTTM20252024202320222021202020192018201720162015
FNDX
Schwab Fundamental U.S. Large Company Index ETF		1.44%1.63%1.76%1.82%2.07%1.64%2.29%2.23%2.40%1.86%2.01%2.01%
SNXFX
Schwab 1000 Index Fund		1.32%1.45%1.23%1.41%1.61%1.74%2.76%3.01%6.49%4.23%3.41%6.31%

Frequently Asked Questions

FNDX and SNXFX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SNXFX has higher volatility (3.47%) compared to FNDX (2.44%). In terms of maximum drawdown, FNDX dropped -37.72% vs SNXFX's -55.08%.

FNDX currently has the higher Sharpe Ratio (3.29 vs 1.47), 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.

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