Schwab Fundamental U.S. Broad Market Index ETF
$31.05−0.26 (−0.81%)
- Expense ratio
- 0.25%
- Fund size
- $1.5B
- 1Y return
- +23.5%
- Yield · Last 12 months
- 1.42%
- Holdings
- 1625
- Volume · 30D
- 0.3M sh
- NAV per share
- $31.38
- 52W range
The ETF.net FNDB Grade
Score 50 of 100 sits in the C 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.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 85Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 85Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 34Category rank
Our read on FNDB
CMost total-market funds let share prices decide who's biggest. FNDB uses a different scoreboard: roughly 1,600 US companies weighted by fundamental measures of size, not market value.
The fund seeks to track, before fees and expenses, the total return of an index covering U.S. companies and weighting them according to fundamental measures of size.
Why people hold it
- Weights companies by fundamental measures of size rather than share price, so rebalances trim what the market has bid up and add to what it hasn't.
- Roughly 1,600 holdings, so the fundamental tilt is applied across the breadth of the US market instead of a narrow slice.
- Running since 2013 under Schwab, with a portfolio that lines up closely with its stated mandate and pays quarterly.
Worth knowing
- At 0.25% a year, it costs more than plain cap-weighted total-market peers such as VTI, SCHB and ITOT at 0.03%.
- It is built to look different from cap-weighted indexes, so its results can lag them for long stretches as easily as lead.
- Moderately traded rather than one of the category's volume giants, so bid-ask spreads can run wider than the cheapest broad-market names.
FNDB Holdings
- Stocks
- 1,625
- 20%
- AAPL
Sectors
- Technology19.1%
- Financials15.0%
- Health Care13.1%
- Industrials9.8%
- Energy9.7%
- Consumer Discr.9.3%
- Communication8.4%
- Cons. Staples7.0%
- Materials3.4%
- Utilities2.9%
- Real Estate2.4%
Geography
- United States97.38%
- Ireland1.25%
- United Kingdom0.50%
- Switzerland0.27%
- Bermuda0.22%
- Netherlands0.17%
- Singapore0.15%
- Puerto Rico0.02%
- 0.04%
FNDB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | FNDB |
|---|---|
| Year to date | +18.7% |
| 1 month | −1.3% |
| 3 months | +3.3% |
| 1 year | +23.5% |
| 3 years | +21.1% |
| 5 years | +13.8% |
| 10 years | +14.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FNDB |
|---|---|---|
| 2026 YTD | +18.7% | |
| 2025 | +16.2% | |
| 2024 | +16.2% | |
| 2023 | +18.5% | |
| 2022 | −7.5% | |
| 2021 | +31.5% | |
| 2020 | +9.4% |
FNDB in the news
ETF.net Research hasn’t filed on FNDB yet — coverage lands here as it’s written.
FNDB Dividends
- 1.42%
- $0.44
- $0.11 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 29, 2026 | $0.11 |
| Mar 25, 2026 | Mar 30, 2026 | $0.10 |
| Dec 10, 2025 | Dec 15, 2025 | $0.12 |
| Sep 24, 2025 | Sep 29, 2025 | $0.11 |
| Jun 25, 2025 | Jun 30, 2025 | $0.10 |
| Mar 26, 2025 | Mar 31, 2025 | $0.10 |
| Dec 11, 2024 | Dec 16, 2024 | $0.11 |
| Sep 25, 2024 | Sep 30, 2024 | $0.10 |
| Jun 26, 2024 | Jul 1, 2024 | $0.10 |
| Mar 20, 2024 | Mar 25, 2024 | $0.09 |
| Dec 6, 2023 | Dec 11, 2023 | $0.11 |
| Sep 20, 2023 | Sep 25, 2023 | $0.09 |
FNDB Risk
- 12.1%
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.
- 1.21
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.
- −19.3%
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.
- 0.89
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FNDB Cost
- The middle half of Total US Market funds
- Median 0.06%
9 of the 11 Total US Market funds charge less.