SCHI vs. FNDA
SCHI (Schwab 5-10 Year Corporate Bond ETF) and FNDA (Schwab Fundamental US Small Co. Index ETF) are both exchange-traded funds - SCHI is a Corporate Bonds fund tracking the Bloomberg US Aggregate Credit - Corporate (5-10 Y), while FNDA is a Small Cap Blend Equities fund tracking the Russell RAFI Small Company US. Both are passively managed. Over the past 5 years, SCHI returned 1.29%/yr vs 7.73%/yr for FNDA. At a 0.23 correlation, their price movements are largely independent. SCHI charges 0.05%/yr vs 0.25%/yr for FNDA.
Performance
SCHI vs. FNDA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCHI achieves a 0.46% return, which is significantly lower than FNDA's 18.37% return.
SCHI
- 1D
- 0.09%
- 1M
- 0.99%
- YTD
- 0.46%
- 6M
- 0.82%
- 1Y
- 6.04%
- 3Y*
- 6.21%
- 5Y*
- 1.29%
- 10Y*
- —
FNDA
- 1D
- 0.05%
- 1M
- 6.71%
- YTD
- 18.37%
- 6M
- 16.02%
- 1Y
- 35.48%
- 3Y*
- 15.76%
- 5Y*
- 7.73%
- 10Y*
- 11.33%
SCHI vs. FNDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.46% | 9.47% | 3.32% | 8.97% | -14.06% | -1.85% | 9.74% | 0.83% |
FNDA Schwab Fundamental US Small Co. Index ETF | 18.37% | 7.44% | 9.00% | 20.29% | -14.83% | 31.12% | 8.44% | 10.44% |
Correlation
The correlation between SCHI and FNDA is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2019 | 0.23 |
Over the past year, SCHI and FNDA have become more correlated (0.44) than their long-term average of 0.23, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SCHI vs. FNDA — Risk / Return Rank
SCHI
FNDA
SCHI vs. FNDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 5-10 Year Corporate Bond ETF (SCHI) 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.
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.
| SCHI | FNDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 3.81 | -1.79 |
| Martin ratioReturn relative to average drawdown | 6.58 | 12.33 | -5.76 |
Loading charts...
Drawdowns
SCHI vs. FNDA - Drawdown Comparison
The maximum SCHI drawdown since its inception was -20.67%, smaller than the maximum FNDA drawdown of -44.64%. Use the drawdown chart below to compare losses from any high point for SCHI and FNDA.
Loading charts...
Drawdown Indicators
| SCHI | FNDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.67% | -44.64% | +23.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -9.36% | +6.35% |
Max Drawdown (3Y)Largest decline over 3 years | -6.14% | -25.92% | +19.78% |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | -25.92% | +5.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.64% | — |
Current DrawdownCurrent decline from peak | -1.10% | 0.00% | -1.10% |
Average DrawdownAverage peak-to-trough decline | -5.69% | -6.68% | +0.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 2.88% | -1.96% |
Volatility
SCHI vs. FNDA - Volatility Comparison
The current volatility for Schwab 5-10 Year Corporate Bond ETF (SCHI) is 1.48%, while Schwab Fundamental US Small Co. Index ETF (FNDA) has a volatility of 5.14%. This indicates that SCHI 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.
Loading charts...
Volatility by Period
| SCHI | FNDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.48% | 5.14% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 3.20% | 12.10% | -8.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 17.33% | -13.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.67% | 20.94% | -14.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.39% | 22.40% | -15.01% |
SCHI vs. FNDA - Expense Ratio Comparison
SCHI has a 0.05% expense ratio, which is lower than FNDA's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SCHI vs. FNDA - Dividend Comparison
SCHI's dividend yield for the trailing twelve months is around 5.03%, more than FNDA's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNDA Schwab Fundamental US Small Co. Index ETF | 1.06% | 1.22% | 1.53% | 1.37% | 1.38% | 1.15% | 1.31% | 1.38% | 1.64% | 1.30% | 1.18% | 1.33% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.03% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SCHI and FNDA have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FNDA has higher volatility (5.14%) compared to SCHI (1.48%). In terms of maximum drawdown, SCHI dropped -20.67% vs FNDA's -44.64%.
On 5-year performance, FNDA leads with 7.73% vs 1.29% for SCHI. On fees, SCHI is cheaper at 0.05% per year. On volatility, SCHI has been the lower-risk option at 1.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FNDA has performed better with a 7.73% return vs 1.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHI is cheaper with a 0.05% expense ratio, compared with 0.25% for FNDA.
SCHI has the higher dividend yield at 5.03%, compared with 1.06% for FNDA.
SCHI is categorized as Corporate Bonds, while FNDA is Small Cap Blend Equities. SCHI tracks Bloomberg US Aggregate Credit - Corporate (5-10 Y), while FNDA tracks Russell RAFI Small Company US. Their fees differ too: 0.05% for SCHI and 0.25% for FNDA.
FNDA currently has the higher Sharpe Ratio (2.06 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.
Find the right allocation for SCHI and FNDA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer