WTV vs. FNDX

Last updated Jun 5, 2026

WTV (WisdomTree US Value ETF) and FNDX (Schwab Fundamental U.S. Large Company Index ETF) are both Large Cap Value Equities funds - WTV tracks the WisdomTree U.S. LargeCap Value Index while FNDX tracks the RAFI Fundamental High Liquidity US Large Index. Both are passively managed. Over the past 5 years, WTV returned 13.36%/yr vs 12.98%/yr for FNDX. Their correlation of 0.91 suggests significant overlap in exposure. WTV charges 0.12%/yr vs 0.25%/yr for FNDX.

Performance

WTV vs. FNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree US Value ETF (WTV) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTV achieves a 11.47% return, which is significantly lower than FNDX's 15.35% return.

WTV

• 1D: 0.86%
• 1M: 4.50%
• YTD: 11.47%
• 6M: 12.37%
• 1Y: 25.21%
• 3Y*: 22.93%
• 5Y*: 13.36%
• 10Y*: —

FNDX

• 1D: 0.68%
• 1M: 3.54%
• YTD: 15.35%
• 6M: 15.57%
• 1Y: 33.72%
• 3Y*: 21.32%
• 5Y*: 12.98%
• 10Y*: 14.27%

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

WTV vs. FNDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WTV WisdomTree US Value ETF	11.47%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-8.29%	1.14%
FNDX Schwab Fundamental U.S. Large Company Index ETF	15.35%	16.94%	16.77%	18.23%	-6.92%	31.73%	9.12%	28.65%	-7.30%	0.94%

Correlation

The correlation between WTV and FNDX is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 18, 2017	0.91

The correlation between WTV and FNDX has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

WTV vs. FNDX - Sectors Allocation Comparison

Sectors	WTV	FNDX
Financial Services	19.5%	14.1%
Technology	15.3%	19.1%
Consumer Cyclical	10.7%	9.2%
Consumer Defensive	10.7%	7.4%
Industrials	10.5%	9.3%
Healthcare	7.3%	12.0%
Communication Services	6.9%	10.1%
Energy	6.8%	10.3%
Real Estate	5.3%	1.8%
Utilities	4.8%	3.2%
Basic Materials	2.2%	3.7%

Return for Risk

WTV vs. FNDX — Risk / Return Rank

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

WTV

WTV Risk / Return Rank: 67
WTV Sharpe Ratio Rank: 66
WTV Sortino Ratio Rank: 70
WTV Omega Ratio Rank: 64
WTV Calmar Ratio Rank: 72
WTV Martin Ratio Rank: 64

FNDX

FNDX Risk / Return Rank: 92
FNDX Sharpe Ratio Rank: 92
FNDX Sortino Ratio Rank: 93
FNDX Omega Ratio Rank: 92
FNDX Calmar Ratio Rank: 90
FNDX Martin Ratio Rank: 91

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.

WTV vs. FNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree US Value ETF (WTV) 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.

	WTV	FNDX	Difference
Sharpe ratio: Return per unit of total volatility	2.15	3.32	-1.17
Sortino ratio: Return per unit of downside risk	3.14	4.64	-1.50
Omega ratio: Gain probability vs. loss probability	1.38	1.61	-0.23
Calmar ratio: Return relative to maximum drawdown	3.54	5.59	-2.04
Martin ratio: Return relative to average drawdown	11.55	21.88	-10.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WTV vs. FNDX - Sharpe Ratio Comparison

The current WTV Sharpe Ratio is 2.15, which is lower than the FNDX Sharpe Ratio of 3.32. The chart below compares the historical Sharpe Ratios of WTV and FNDX, 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

	WTV	FNDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	3.32	-1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.86	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	0.80	-0.12

Drawdowns

WTV vs. FNDX - Drawdown Comparison

The maximum WTV drawdown since its inception was -42.18%, which is greater than FNDX's maximum drawdown of -37.72%. Use the drawdown chart below to compare losses from any high point for WTV and FNDX.

Drawdown Indicators

	WTV	FNDX	Difference
Max Drawdown Largest peak-to-trough decline	-42.18%	-37.72%	-4.46%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-6.06%	-1.09%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-16.30%	-2.19%
Max Drawdown (5Y) Largest decline over 5 years	-19.30%	-19.06%	-0.24%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.72%	—
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-5.05%	-3.55%	-1.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	1.55%	+0.64%

Volatility

WTV vs. FNDX - Volatility Comparison

WisdomTree US Value ETF (WTV) has a higher volatility of 3.01% compared to Schwab Fundamental U.S. Large Company Index ETF (FNDX) at 2.15%. This indicates that WTV'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.

Volatility by Period

	WTV	FNDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	2.15%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	7.92%	7.27%	+0.65%
Volatility (1Y) Calculated over the trailing 1-year period	11.82%	10.22%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.09%	15.18%	+1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.20%	17.50%	+2.70%

WTV vs. FNDX - Expense Ratio Comparison

WTV has a 0.12% 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%.

Dividends

WTV vs. FNDX - Dividend Comparison

WTV's dividend yield for the trailing twelve months is around 1.64%, more than FNDX's 1.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FNDX Schwab Fundamental U.S. Large Company Index ETF	1.44%	1.63%	1.76%	1.82%	2.07%	1.64%	2.29%	2.23%	2.40%	1.86%	2.01%	2.01%
WTV WisdomTree US Value ETF	1.64%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WTV and FNDX in my portfolio?

WTV and FNDX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WTV or FNDX?

WTV has higher volatility (3.01%) compared to FNDX (2.15%). In terms of maximum drawdown, WTV dropped -42.18% vs FNDX's -37.72%.

Which ETF is better, WTV or FNDX?

On 5-year performance, WTV leads with 13.36% vs 12.98% for FNDX. On fees, WTV is cheaper at 0.12% per year. On volatility, FNDX has been the lower-risk option at 2.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WTV or FNDX?

Over the 5-year period, WTV has performed better with a 13.36% return vs 12.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WTV or FNDX?

WTV is cheaper with a 0.12% expense ratio, compared with 0.25% for FNDX.

Which ETF pays a higher dividend yield, WTV or FNDX?

WTV has the higher dividend yield at 1.64%, compared with 1.44% for FNDX.

What is the main difference between WTV and FNDX?

WTV tracks WisdomTree U.S. LargeCap Value Index, while FNDX tracks RAFI Fundamental High Liquidity US Large Index. They also come from different issuers: WisdomTree and Charles Schwab. Their fees differ too: 0.12% for WTV and 0.25% for FNDX.

Which has better risk-adjusted returns?

FNDX currently has the higher Sharpe Ratio (3.32 vs 2.15), 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.