NPFE vs. FNDB

Last updated Jun 6, 2026

NPFE (NPF Core Equity ETF) and FNDB (Schwab Fundamental U.S. Broad Market Index ETF) are both exchange-traded funds - NPFE is a Large Cap Blend Equities fund actively managed by NPF Investment Advisors, while FNDB is a Large Cap Value Equities fund tracking the RAFI Fundamental High Liquidity US All Index. NPFE is actively managed, while FNDB is passively managed. Their correlation of 0.81 suggests significant overlap in exposure. NPFE charges 0.40%/yr vs 0.25%/yr for FNDB.

Performance

NPFE vs. FNDB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NPF Core Equity ETF (NPFE) and Schwab Fundamental U.S. Broad Market Index ETF (FNDB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NPFE

• 1D: -1.98%
• 1M: 0.05%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FNDB

• 1D: -1.61%
• 1M: 0.98%
• YTD: 13.46%
• 6M: 13.63%
• 1Y: 31.83%
• 3Y*: 20.04%
• 5Y*: 12.19%
• 10Y*: 13.79%

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

NPFE vs. FNDB - Yearly Performance Comparison

	2026 (YTD)
NPFE NPF Core Equity ETF	6.29%
FNDB Schwab Fundamental U.S. Broad Market Index ETF	9.32%

Correlation

The correlation between NPFE and FNDB is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.81

Return for Risk

NPFE vs. FNDB — Risk / Return Rank

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

FNDB

FNDB Risk / Return Rank: 89
FNDB Sharpe Ratio Rank: 89
FNDB Sortino Ratio Rank: 90
FNDB Omega Ratio Rank: 88
FNDB Calmar Ratio Rank: 88
FNDB Martin Ratio Rank: 89

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.

NPFE vs. FNDB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NPF Core Equity ETF (NPFE) and Schwab Fundamental U.S. Broad Market Index ETF (FNDB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NPFE	FNDB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.95	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.91	0.78	+1.13

Drawdowns

NPFE vs. FNDB - Drawdown Comparison

The maximum NPFE drawdown since its inception was -5.36%, smaller than the maximum FNDB drawdown of -38.17%. Use the drawdown chart below to compare losses from any high point for NPFE and FNDB.

Drawdown Indicators

	NPFE	FNDB	Difference
Max Drawdown Largest peak-to-trough decline	-5.36%	-38.17%	+32.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.17%	—
Current Drawdown Current decline from peak	-1.98%	-1.61%	-0.37%
Average Drawdown Average peak-to-trough decline	-0.98%	-3.66%	+2.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	NPFE	FNDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.81%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.45%	10.86%	+4.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.45%	15.38%	+0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.45%	17.48%	-2.03%

NPFE vs. FNDB - Expense Ratio Comparison

NPFE has a 0.40% expense ratio, which is higher than FNDB's 0.25% expense ratio.

Dividends

NPFE vs. FNDB - Dividend Comparison

NPFE has not paid dividends to shareholders, while FNDB's dividend yield for the trailing twelve months is around 1.46%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FNDB Schwab Fundamental U.S. Broad Market Index ETF	1.46%	1.62%	1.74%	1.80%	1.98%	1.63%	2.15%	2.23%	2.41%	1.91%	2.06%	2.26%
NPFE NPF Core Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NPFE and FNDB in my portfolio?

NPFE and FNDB have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NPFE or FNDB?

On fees, FNDB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NPFE or FNDB?

FNDB is cheaper with a 0.25% expense ratio, compared with 0.40% for NPFE.

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

FNDB has the higher dividend yield at 1.46%, compared with 0.00% for NPFE.

What is the main difference between NPFE and FNDB?

NPFE is categorized as Large Cap Blend Equities, while FNDB is Large Cap Value Equities. They also come from different issuers: NPF Investment Advisors and Charles Schwab. Their fees differ too: 0.40% for NPFE and 0.25% for FNDB.