OSCV vs. FNDA

Last updated Jun 3, 2026

OSCV (Opus Small Cap Value Plus ETF) and FNDA (Schwab Fundamental US Small Co. Index ETF) are both Small Cap Blend Equities funds. OSCV is actively managed, while FNDA is passively managed. Over the past 5 years, OSCV returned 5.36%/yr vs 7.29%/yr for FNDA. Their correlation of 0.93 suggests significant overlap in exposure. OSCV charges 0.79%/yr vs 0.25%/yr for FNDA.

Performance

OSCV vs. FNDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Opus Small Cap Value Plus ETF (OSCV) and Schwab Fundamental US Small Co. Index ETF (FNDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OSCV achieves a 9.18% return, which is significantly lower than FNDA's 16.05% return.

OSCV

• 1D: 0.45%
• 1M: -2.06%
• YTD: 9.18%
• 6M: 8.64%
• 1Y: 15.66%
• 3Y*: 10.33%
• 5Y*: 5.36%
• 10Y*: —

FNDA

• 1D: 1.05%
• 1M: 2.18%
• YTD: 16.05%
• 6M: 16.76%
• 1Y: 34.12%
• 3Y*: 16.17%
• 5Y*: 7.29%
• 10Y*: 10.99%

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

OSCV vs. FNDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
OSCV Opus Small Cap Value Plus ETF	9.18%	1.35%	11.66%	10.14%	-11.41%	27.69%	4.94%	27.51%	-13.52%
FNDA Schwab Fundamental US Small Co. Index ETF	16.05%	7.44%	9.00%	20.29%	-14.83%	31.12%	8.44%	24.34%	-18.53%

Correlation

The correlation between OSCV and FNDA is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jul 19, 2018	0.93

The correlation between OSCV and FNDA has been stable across timeframes, ranging from 0.87 to 0.93 - a consistent structural relationship.

OSCV vs. FNDA - Sectors Allocation Comparison

Sectors	OSCV	FNDA
Financial Services	27.6%	14.6%
Industrials	17.0%	18.9%
Energy	11.3%	6.2%
Consumer Cyclical	9.9%	12.2%
Real Estate	8.5%	9.9%
Healthcare	8.3%	6.8%
Basic Materials	5.6%	5.2%
Utilities	3.1%	2.8%
Consumer Defensive	2.0%	4.2%
Technology	2.0%	14.9%
Communication Services	-	4.1%

Return for Risk

OSCV vs. FNDA — Risk / Return Rank

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

OSCV

OSCV Risk / Return Rank: 35
OSCV Sharpe Ratio Rank: 33
OSCV Sortino Ratio Rank: 35
OSCV Omega Ratio Rank: 31
OSCV Calmar Ratio Rank: 40
OSCV Martin Ratio Rank: 37

FNDA

FNDA Risk / Return Rank: 62
FNDA Sharpe Ratio Rank: 59
FNDA Sortino Ratio Rank: 61
FNDA Omega Ratio Rank: 55
FNDA Calmar Ratio Rank: 71
FNDA Martin Ratio Rank: 64

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.

OSCV vs. FNDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Opus Small Cap Value Plus ETF (OSCV) and Schwab Fundamental US Small Co. Index ETF (FNDA). 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.

	OSCV	FNDA	Difference
Sharpe ratio Return per unit of total volatility	1.18	2.01	-0.83
Sortino ratio Return per unit of downside risk	1.83	2.87	-1.04
Omega ratio Gain probability vs. loss probability	1.21	1.35	-0.14
Calmar ratio Return relative to maximum drawdown	2.02	3.62	-1.60
Martin ratio Return relative to average drawdown	5.97	11.72	-5.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OSCV vs. FNDA - Sharpe Ratio Comparison

The current OSCV Sharpe Ratio is 1.18, which is lower than the FNDA Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of OSCV and FNDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OSCV	FNDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	2.01	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.35	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.49	-0.13

Drawdowns

OSCV vs. FNDA - Drawdown Comparison

The maximum OSCV drawdown since its inception was -42.40%, smaller than the maximum FNDA drawdown of -44.64%. Use the drawdown chart below to compare losses from any high point for OSCV and FNDA.

Drawdown Indicators

	OSCV	FNDA	Difference
Max Drawdown Largest peak-to-trough decline	-42.40%	-44.64%	+2.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.55%	-9.36%	+1.81%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-25.92%	+3.00%
Max Drawdown (5Y) Largest decline over 5 years	-22.92%	-25.92%	+3.00%
Max Drawdown (10Y) Largest decline over 10 years	—	-44.64%	—
Current Drawdown Current decline from peak	-2.71%	0.00%	-2.71%
Average Drawdown Average peak-to-trough decline	-7.60%	-6.69%	-0.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	2.89%	-0.34%

Volatility

OSCV vs. FNDA - Volatility Comparison

The current volatility for Opus Small Cap Value Plus ETF (OSCV) is 3.54%, while Schwab Fundamental US Small Co. Index ETF (FNDA) has a volatility of 4.41%. This indicates that OSCV experiences smaller price fluctuations and is considered to be less risky than FNDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OSCV	FNDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	4.41%	-0.87%
Volatility (6M) Calculated over the trailing 6-month period	9.43%	11.74%	-2.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.35%	17.10%	-3.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.25%	20.89%	-3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.91%	22.38%	-1.47%

OSCV vs. FNDA - Expense Ratio Comparison

OSCV has a 0.79% expense ratio, which is higher than FNDA's 0.25% expense ratio.

Dividends

OSCV vs. FNDA - Dividend Comparison

OSCV's dividend yield for the trailing twelve months is around 1.10%, more than FNDA's 1.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FNDA Schwab Fundamental US Small Co. Index ETF	1.08%	1.22%	1.53%	1.37%	1.38%	1.15%	1.31%	1.38%	1.64%	1.30%	1.18%	1.33%
OSCV Opus Small Cap Value Plus ETF	1.10%	1.23%	1.29%	1.55%	1.12%	1.06%	1.11%	1.75%	0.25%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OSCV and FNDA in my portfolio?

OSCV and FNDA have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OSCV or FNDA?

FNDA has higher volatility (4.41%) compared to OSCV (3.54%). In terms of maximum drawdown, OSCV dropped -42.40% vs FNDA's -44.64%.

Which ETF is better, OSCV or FNDA?

On 5-year performance, FNDA leads with 7.29% vs 5.36% for OSCV. On fees, FNDA is cheaper at 0.25% per year. On volatility, OSCV has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OSCV or FNDA?

Over the 5-year period, FNDA has performed better with a 7.29% return vs 5.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OSCV or FNDA?

FNDA is cheaper with a 0.25% expense ratio, compared with 0.79% for OSCV.

Which ETF pays a higher dividend yield, OSCV or FNDA?

OSCV has the higher dividend yield at 1.10%, compared with 1.08% for FNDA.

What is the main difference between OSCV and FNDA?

They also come from different issuers: Aptus Capital Advisors and Charles Schwab. Their fees differ too: 0.79% for OSCV and 0.25% for FNDA.

Which has better risk-adjusted returns?

FNDA currently has the higher Sharpe Ratio (2.01 vs 1.18), 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.