FNDX vs. VTI

Last updated Jun 23, 2026

FNDX (Schwab Fundamental U.S. Large Company Index ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - FNDX is a Large Cap Value Equities fund tracking the RAFI Fundamental High Liquidity US Large Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, FNDX returned 14.53%/yr vs 15.31%/yr for VTI. Their correlation of 0.92 suggests significant overlap in exposure. FNDX charges 0.25%/yr vs 0.03%/yr for VTI.

Performance

FNDX vs. VTI - 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 Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNDX achieves a 14.79% return, which is significantly higher than VTI's 10.35% return. Over the past 10 years, FNDX has underperformed VTI with an annualized return of 14.53%, while VTI has yielded a comparatively higher 15.31% annualized return.

FNDX

• 1D: 0.19%
• 1M: 0.94%
• YTD: 14.79%
• 6M: 14.33%
• 1Y: 31.80%
• 3Y*: 20.50%
• 5Y*: 13.48%
• 10Y*: 14.53%

VTI

• 1D: -0.32%
• 1M: 0.55%
• YTD: 10.35%
• 6M: 9.59%
• 1Y: 27.18%
• 3Y*: 21.19%
• 5Y*: 12.36%
• 10Y*: 15.31%

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

FNDX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNDX Schwab Fundamental U.S. Large Company Index ETF	14.79%	16.94%	16.77%	18.23%	-6.92%	31.73%	9.12%	28.65%	-7.30%	17.12%
VTI Vanguard Total Stock Market ETF	10.35%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between FNDX and VTI is 0.82, 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	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Aug 15, 2013	0.92

The correlation between FNDX and VTI has been stable across timeframes, ranging from 0.82 to 0.92 - a consistent structural relationship.

FNDX vs. VTI - Sectors Allocation Comparison

Sectors	FNDX	VTI
Technology	22.1%	37.0%
Financial Services	13.3%	11.3%
Healthcare	11.9%	9.0%
Communication Services	9.9%	9.8%
Energy	9.3%	3.3%
Consumer Cyclical	9.1%	9.7%
Industrials	9.1%	9.4%
Consumer Defensive	7.0%	4.3%
Basic Materials	3.6%	1.9%
Utilities	3.0%	2.1%
Real Estate	1.7%	2.3%

Return for Risk

FNDX vs. VTI — Risk / Return Rank

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

FNDX

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

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 68
VTI Sortino Ratio Rank: 66
VTI Omega Ratio Rank: 67
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 74

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.

FNDX vs. VTI - 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 Vanguard Total Stock Market ETF (VTI). 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.

	FNDX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	3.06	2.14	+0.91
Sortino ratio: Return per unit of downside risk	4.22	2.90	+1.32
Omega ratio: Gain probability vs. loss probability	1.56	1.38	+0.18
Calmar ratio: Return relative to maximum drawdown	5.27	3.06	+2.21
Martin ratio: Return relative to average drawdown	20.40	13.68	+6.72

FNDX vs. VTI - Sharpe Ratio Comparison

The current FNDX Sharpe Ratio is 3.06, which is higher than the VTI Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of FNDX and VTI, 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

FNDX vs. VTI - Drawdown Comparison

The maximum FNDX drawdown since its inception was -37.72%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for FNDX and VTI.

Drawdown Indicators

	FNDX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-37.72%	-55.45%	+17.73%
Max Drawdown (1Y) Largest decline over 1 year	-6.06%	-8.92%	+2.86%
Max Drawdown (3Y) Largest decline over 3 years	-16.30%	-19.30%	+3.00%
Max Drawdown (5Y) Largest decline over 5 years	-19.06%	-25.36%	+6.30%
Max Drawdown (10Y) Largest decline over 10 years	-37.72%	-35.00%	-2.72%
Current Drawdown Current decline from peak	-1.02%	-1.48%	+0.46%
Average Drawdown Average peak-to-trough decline	-3.55%	-8.01%	+4.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	1.99%	-0.43%

Volatility

FNDX vs. VTI - Volatility Comparison

The current volatility for Schwab Fundamental U.S. Large Company Index ETF (FNDX) is 3.29%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.74%. This indicates that FNDX experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNDX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.29%	4.74%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	7.61%	9.96%	-2.35%
Volatility (1Y) Calculated over the trailing 1-year period	10.47%	12.76%	-2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.18%	17.49%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.52%	18.35%	-0.83%

FNDX vs. VTI - Expense Ratio Comparison

FNDX has a 0.25% expense ratio, which is higher than VTI'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

FNDX vs. VTI - Dividend Comparison

FNDX's dividend yield for the trailing twelve months is around 1.45%, more than VTI's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FNDX Schwab Fundamental U.S. Large Company Index ETF	1.45%	1.63%	1.76%	1.82%	2.07%	1.64%	2.29%	2.23%	2.40%	1.86%	2.01%	2.01%
VTI Vanguard Total Stock Market ETF	1.02%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both FNDX and VTI in my portfolio?

FNDX and VTI have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FNDX or VTI?

VTI has higher volatility (4.74%) compared to FNDX (3.29%). In terms of maximum drawdown, FNDX dropped -37.72% vs VTI's -55.45%.

Which ETF is better, FNDX or VTI?

On 10-year performance, VTI leads with 15.31% vs 14.53% for FNDX. On fees, VTI is cheaper at 0.03% per year. On volatility, FNDX has been the lower-risk option at 3.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FNDX or VTI?

Over the 10-year period, VTI has performed better with a 15.31% return vs 14.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FNDX or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.25% for FNDX.

Which ETF pays a higher dividend yield, FNDX or VTI?

FNDX has the higher dividend yield at 1.45%, compared with 1.02% for VTI.

What is the main difference between FNDX and VTI?

FNDX is categorized as Large Cap Value Equities, while VTI is Large Cap Blend Equities. FNDX tracks RAFI Fundamental High Liquidity US Large Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Charles Schwab and Vanguard. Their fees differ too: 0.25% for FNDX and 0.03% for VTI.

Which has better risk-adjusted returns?

FNDX currently has the higher Sharpe Ratio (3.06 vs 2.14), 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.