SWBGX vs. FNDB

Last updated Apr 1, 2026

Compare and contrast key facts about Schwab MarketTrack Balanced Portfolio™ (SWBGX) and Schwab Fundamental U.S. Broad Market Index ETF (FNDB).

SWBGX is managed by Charles Schwab. It was launched on Nov 19, 1995. FNDB is a passively managed fund by Charles Schwab that tracks the performance of the Russell RAFI US. It was launched on Aug 8, 2013.

Performance

SWBGX vs. FNDB - Performance Comparison

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

SWBGX vs. FNDB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWBGX Schwab MarketTrack Balanced Portfolio™	-2.12%	14.73%	9.10%	14.99%	-14.35%	12.85%	10.50%	18.56%	-5.43%	12.70%
FNDB Schwab Fundamental U.S. Broad Market Index ETF	2.77%	16.23%	16.25%	18.42%	-7.53%	31.55%	9.40%	28.88%	-8.20%	16.94%

Returns By Period

In the year-to-date period, SWBGX achieves a -2.12% return, which is significantly lower than FNDB's 2.77% return. Over the past 10 years, SWBGX has underperformed FNDB with an annualized return of 7.36%, while FNDB has yielded a comparatively higher 13.03% annualized return.

SWBGX

• 1D: 0.05%
• 1M: -5.65%
• YTD: -2.12%
• 6M: -0.09%
• 1Y: 11.81%
• 3Y*: 10.36%
• 5Y*: 5.62%
• 10Y*: 7.36%

FNDB

• 1D: 2.03%
• 1M: -3.82%
• YTD: 2.77%
• 6M: 6.56%
• 1Y: 20.23%
• 3Y*: 16.75%
• 5Y*: 11.53%
• 10Y*: 13.03%

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

SWBGX vs. FNDB - Expense Ratio Comparison

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

SWBGX

Schwab MarketTrack Balanced Portfolio™

FNDB

Schwab Fundamental U.S. Broad Market Index ETF

Return for Risk

SWBGX vs. FNDB — Risk / Return Rank

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

SWBGX

SWBGX Risk / Return Rank: 68
SWBGX Sharpe Ratio Rank: 68
SWBGX Sortino Ratio Rank: 70
SWBGX Omega Ratio Rank: 68
SWBGX Calmar Ratio Rank: 65
SWBGX Martin Ratio Rank: 72

FNDB

FNDB Risk / Return Rank: 74
FNDB Sharpe Ratio Rank: 73
FNDB Sortino Ratio Rank: 74
FNDB Omega Ratio Rank: 76
FNDB Calmar Ratio Rank: 71
FNDB Martin Ratio Rank: 79

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.

SWBGX vs. FNDB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Schwab MarketTrack Balanced Portfolio™ (SWBGX) 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.

	SWBGX	FNDB	Difference
Sharpe ratio Return per unit of total volatility	1.18	1.24	-0.06
Sortino ratio Return per unit of downside risk	1.71	1.79	-0.08
Omega ratio Gain probability vs. loss probability	1.25	1.27	-0.02
Calmar ratio Return relative to maximum drawdown	1.47	1.72	-0.26
Martin ratio Return relative to average drawdown	6.84	8.07	-1.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWBGX vs. FNDB - Sharpe Ratio Comparison

The current SWBGX Sharpe Ratio is 1.18, which is comparable to the FNDB Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of SWBGX and FNDB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SWBGX	FNDB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	1.24	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.75	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.75	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.74	-0.16

Correlation

The correlation between SWBGX and FNDB is 0.90, 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.

Dividends

SWBGX vs. FNDB - Dividend Comparison

SWBGX's dividend yield for the trailing twelve months is around 7.86%, more than FNDB's 1.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SWBGX Schwab MarketTrack Balanced Portfolio™	7.86%	7.69%	10.74%	4.23%	4.13%	5.02%	6.41%	4.42%	7.11%	5.30%	3.18%	14.29%
FNDB Schwab Fundamental U.S. Broad Market Index ETF	1.61%	1.62%	1.74%	1.80%	1.98%	1.63%	2.15%	2.23%	2.41%	1.91%	2.06%	2.26%

Drawdowns

SWBGX vs. FNDB - Drawdown Comparison

The maximum SWBGX drawdown since its inception was -40.37%, which is greater than FNDB's maximum drawdown of -38.17%. Use the drawdown chart below to compare losses from any high point for SWBGX and FNDB.

Drawdown Indicators

	SWBGX	FNDB	Difference
Max Drawdown Largest peak-to-trough decline	-40.37%	-38.17%	-2.20%
Max Drawdown (1Y) Largest decline over 1 year	-7.57%	-12.24%	+4.67%
Max Drawdown (5Y) Largest decline over 5 years	-23.97%	-19.29%	-4.68%
Max Drawdown (10Y) Largest decline over 10 years	-23.97%	-38.17%	+14.20%
Current Drawdown Current decline from peak	-5.84%	-4.39%	-1.45%
Average Drawdown Average peak-to-trough decline	-5.44%	-3.70%	-1.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	2.62%	-1.00%

Volatility

SWBGX vs. FNDB - Volatility Comparison

The current volatility for Schwab MarketTrack Balanced Portfolio™ (SWBGX) is 3.22%, while Schwab Fundamental U.S. Broad Market Index ETF (FNDB) has a volatility of 4.19%. This indicates that SWBGX experiences smaller price fluctuations and is considered to be less risky than FNDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWBGX	FNDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	4.19%	-0.97%
Volatility (6M) Calculated over the trailing 6-month period	5.68%	8.43%	-2.75%
Volatility (1Y) Calculated over the trailing 1-year period	10.13%	16.35%	-6.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	15.45%	-4.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.93%	17.49%	-6.56%