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FNDA

GradeBNew York Stock Exchange Arca

Schwab Fundamental U.S. Small Company Index ETF

Broad Stock Market · Schwab · Inception 2013-08-15 · SEC filings

$35.66−0.38 (−1.04%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 36.03 to 35.66. Range 35.55 to 35.76. Use the arrow keys to read each point.$35.55$35.60$35.70$35.7510 AM12 PM2 PM4 PM
Expense ratio
0.25%
Fund size
$8.8B
1Y return
+15.8%
Yield · Last 12 months
1.16%
Holdings
917
Volume · 30D
0.8M sh
NAV per share
$35.93
52W range
low $29.31high $38.59

The ETF.net FNDA Grade

B

59/ 100

Rank 10 of 17 in US Small-Cap

Confidence High

Six-pillar profile for FNDA. Scores out of 100: Cost 34, Risk 58, Mission 76, Tradability 79, Holdings 65, Durability 66. Strongest: Tradability (79). Weakest: Cost (34). Leans toward Tradability and Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 34
    Category rank12/17 · mid-pack
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 76
    Category rank15/16 · bottom quartile
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 58
    Category rank9/17 · mid-pack
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 79
    Category rank3/17 · top 18%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    BScore 65
    Category rank9/17 · mid-pack
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank6/17 · top 35%

Graded as of Sep 22, 2026

Our read on FNDA

ETF.net Research

BMost small-cap index funds size positions by stock price. FNDA sizes them by fundamental measures of business size instead, which tilts the portfolio toward value. Schwab's contrarian take on small-cap indexing.

Stated mandate

The fund seeks to track, before fees and expenses, an index representing small U.S. companies selected and weighted according to fundamental size measures.

Why people hold it

  1. 01Weights companies by fundamental size measures rather than market price, so a name's slot in the fund follows the business, not the crowd's current enthusiasm for the shares.schwabassetmanagement.com
  2. 02Roughly 900 holdings, so no single small cap steers the whole portfolio.
  3. 03The 0.25% expense ratio sits right at the median for US small-cap ETFs, which is modest for a rules-based strategy that rebalances against price.
  4. 04A multi-billion-dollar fund that trades actively, running on an index built with a liquidity screen, which matters in a corner of the market where spreads bite.

Worth knowing

  1. 01Plain market-cap rivals go far cheaper: SCHA and VB both charge 0.03%. The fundamental tilt carries a real fee premium over vanilla small-cap exposure.
  2. 02The advertised value screen means returns can drift from standard small-cap benchmarks for long stretches, in either direction.
  3. 03Fundamental weighting rebalances toward shares that have fallen relative to their business size, so the fund leans into unloved names by design.

FNDA Holdings

As of Sep 20, 2026, 6:40 AM
Asset class
Stocks
Holdings
917
Top-10 weight
4%
Largest holding
LITE0.6%

Sectors

  • Industrials18.3%
  • Financials15.8%
  • Technology14.3%
  • Consumer Discr.13.1%
  • Real Estate9.9%
  • Health Care8.1%
  • Energy5.6%
  • Materials4.7%
  • Cons. Staples4.0%
  • Communication3.7%
  • Utilities2.5%

Geography

  • United States97.90%
  • Bermuda1.03%
  • United Kingdom0.39%
  • Luxembourg0.17%
  • Monaco0.15%
  • Puerto Rico0.15%
  • Ireland0.14%
  • Greece0.07%
The fund’s holdings, weight-ordered — page 1 of 62.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001LITELUMENTUM HOLDINGS0.55%56,009$50M385
002DKDELEK US HOLDINGS INC0.45%495,500$40M113
003COMPCOMPASS INC CLASS A0.44%3,775,382$39M82
004VSXYVICTORIA S SECRET0.43%501,923$39M145
005PARRPAR PACIFIC HOLDINGS0.39%410,115$35M151
006TWLOTWILIO CLASS A0.36%134,154$33M271
007ANFABERCROMBIE AND FITCH CLASS A0.36%237,227$33M174
008CRGYCRESCENT ENERGY CLASS A0.35%2,251,556$32M135
009COHRCOHERENT0.35%106,507$31M341
010VSATVIASAT INC0.33%414,919$30M159
011RPRXROYALTY PHARMA PLC CLASS A0.32%484,931$29M202
012MKSIMKS0.31%117,803$28M196
013ACHCACADIA HEALTHCARE COMPANY0.31%969,296$28M99
014ENTGENTEGRIS INC0.30%202,925$27M212
015TEXTEREX0.29%461,733$27M134

Showing 1–15 of 916 holdings

FNDA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

FNDA$11,576
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. FNDA $11,576. SPY $11,723. Use the arrow keys to read each point.$9,098$10,858$12,618Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for FNDA. Periods over one year show the average yearly return.
PeriodFNDA
Year to date+14.9%
1 month−4.5%
3 months−2.3%
1 year+15.8%
3 years+15.7%per year
5 years+8.1%per year
10 years+10.0%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for FNDA
YearReturn barFNDA
2026 YTD+14.9%
2025+7.4%
2024+9.0%
2023+20.3%
2022−14.8%
2021+31.1%
2020+8.0%

FNDA in the news

ETF.net Research hasn’t filed on FNDA yet — coverage lands here as it’s written.

FNDA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.16%Last 12 months
Payout per share
$0.42Last 12 months
Last payment
$0.10 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2017–2026

One bar per payment. 35 payments from 2017 to 2026 YTD. Jun 26, 2017 $0.05; Sep 18, 2017 $0.06; Dec 27, 2017 $0.0029; Mar 16, 2018 $0.03; Sep 25, 2018 $0.07; Dec 28, 2018 $0.005; Mar 20, 2019 $0.04; Jun 26, 2019 $0.07; Sep 25, 2019 $0.08; Dec 12, 2019 $0.09; Jun 24, 2020 $0.06; Sep 23, 2020 $0.07; Dec 10, 2020 $0.08; Mar 24, 2021 $0.02; Jun 23, 2021 $0.06; Sep 22, 2021 $0.07; Dec 8, 2021 $0.17; Mar 23, 2022 $0.02; Jun 22, 2022 $0.08; Sep 21, 2022 $0.09; Dec 7, 2022 $0.13; Mar 22, 2023 $0.07; Jun 21, 2023 $0.09; Sep 20, 2023 $0.09; Dec 6, 2023 $0.13; Mar 20, 2024 $0.08; Jun 26, 2024 $0.11; Sep 25, 2024 $0.11; Dec 11, 2024 $0.16; Mar 26, 2025 $0.05; Jun 25, 2025 $0.07; Sep 24, 2025 $0.11; Dec 10, 2025 $0.15; Mar 25, 2026 $0.06; Jun 24, 2026 $0.10. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 24, 2026Jun 29, 2026$0.10
Mar 25, 2026Mar 30, 2026$0.06
Dec 10, 2025Dec 15, 2025$0.15
Sep 24, 2025Sep 29, 2025$0.11
Jun 25, 2025Jun 30, 2025$0.07
Mar 26, 2025Mar 31, 2025$0.05
Dec 11, 2024Dec 16, 2024$0.16
Sep 25, 2024Sep 30, 2024$0.11
Jun 26, 2024Jul 1, 2024$0.11
Mar 20, 2024Mar 25, 2024$0.08
Dec 6, 2023Dec 11, 2023$0.13
Sep 20, 2023Sep 25, 2023$0.09

FNDA Risk

How much the fund’s monthly returns vary, scaled to a year.
18.1%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.59
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−25.9%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FNDA Cost

Expense ratio0.25%
  • The middle half of US Small-Cap funds
  • Median 0.20%

10 of the 17 US Small-Cap funds charge less.

FNDA costs $25.00 a year on $10,000. The median US Small-Cap fund costs $20.00.