SNXFX vs. FNDX
Compare and contrast key facts about Schwab 1000 Index Fund (SNXFX) and Schwab Fundamental U.S. Large Company Index ETF (FNDX).
SNXFX is a passively managed fund by Charles Schwab that tracks the performance of the Schwab 1000 Index. It was launched on Apr 2, 1991. FNDX is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental U.S. Large Company Index. It was launched on Aug 15, 2013. Both SNXFX and FNDX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNXFX or FNDX.
Key characteristics
| SNXFX | FNDX | |
|---|---|---|
| YTD Return | 6.04% | 5.18% |
| 1Y Return | 26.75% | 22.11% |
| 3Y Return (Ann) | 6.85% | 8.84% |
| 5Y Return (Ann) | 12.83% | 13.08% |
| 10Y Return (Ann) | 12.08% | 11.15% |
| Sharpe Ratio | 2.17 | 1.90 |
| Daily Std Dev | 12.13% | 11.10% |
| Max Drawdown | -55.08% | -37.72% |
| Current Drawdown | -3.97% | -3.74% |
Correlation
The correlation between SNXFX and FNDX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SNXFX vs. FNDX - Performance Comparison
In the year-to-date period, SNXFX achieves a 6.04% return, which is significantly higher than FNDX's 5.18% return. Over the past 10 years, SNXFX has outperformed FNDX with an annualized return of 12.08%, while FNDX has yielded a comparatively lower 11.15% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SNXFX vs. FNDX - Expense Ratio Comparison
SNXFX has a 0.05% expense ratio, which is lower than FNDX'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%.
Risk-Adjusted Performance
SNXFX vs. FNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab 1000 Index Fund (SNXFX) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). 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.
Dividends
SNXFX vs. FNDX - Dividend Comparison
SNXFX's dividend yield for the trailing twelve months is around 1.33%, less than FNDX's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNXFX Schwab 1000 Index Fund | 1.33% | 1.41% | 1.61% | 1.74% | 2.76% | 3.01% | 6.48% | 4.22% | 3.41% | 6.31% | 4.38% | 4.61% |
FNDX Schwab Fundamental U.S. Large Company Index ETF | 1.78% | 1.82% | 2.07% | 1.64% | 2.29% | 2.23% | 2.40% | 1.86% | 2.01% | 2.01% | 1.62% | 0.46% |
Drawdowns
SNXFX vs. FNDX - Drawdown Comparison
The maximum SNXFX drawdown since its inception was -55.08%, which is greater than FNDX's maximum drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for SNXFX and FNDX. For additional features, visit the drawdowns tool.
Volatility
SNXFX vs. FNDX - Volatility Comparison
Schwab 1000 Index Fund (SNXFX) has a higher volatility of 3.67% compared to Schwab Fundamental U.S. Large Company Index ETF (FNDX) at 3.38%. This indicates that SNXFX's price experiences larger fluctuations and is considered to be riskier than FNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.